# Al Frank Fund Investor Class (VALUX): Mutual Fund Facts & Distributions

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- Issuer: — · Asset class: Equity
- Strategy: Actively Managed · Inception: 2019-01-02

Under typical market conditions, the fund's manager identifies and invests in equity securities that are considered to be currently unpopular and trading below their inherent worth. The strategy involves acquiring these shares and maintaining ownership until the Adviser determines they have appreciated to their true market value. To generate supplementary income, the fund has the option, facilitated by its agent, to lend out some of its portfolio holdings to broker-dealers. This lending activity is restricted; the total value of securities on loan cannot exceed 33-1/3% of the fund's total a...

## Key Facts

| Metric | Value |
|---|---|
| Price | $27.67 |
| Expense Ratio | — |
| Assets Under Management | $58.8M |
| NAV | $27.67 |
| Holdings Count | — |
| Distribution Yield (TTM) | — |
| Annual Distribution (TTM) | — /share |
| Distribution Frequency | Annual |
| 52-Week Range | $27.67 – $27.67 |
| Beta | 1.07 |

## Latest Distribution

- Amount: $0.1840 /share
- Ex-date: 2021-12-08
- Pay date: —

## Frequently Asked Questions

### What does VALUX invest in?

Under typical market conditions, the fund's manager identifies and invests in equity securities that are considered to be currently unpopular and trading below their inherent worth. The strategy involves acquiring these shares and maintaining ownership until the Adviser determines they have appreciated to their true market value. To generate supplementary income, the fund has the option, facilitated by its agent, to lend out some of its portfolio holdings to broker-dealers. This lending activity is restricted; the total value of securities on loan cannot exceed 33-1/3% of the fund's total assets when factoring in collateral, or 50% of its total assets if collateral is not included in the calculation.

### What is the expense ratio of VALUX?

An expense ratio for Al Frank Fund Investor Class (VALUX) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

### How big is VALUX?

Al Frank Fund Investor Class (VALUX) manages $58.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is VALUX actively managed or an index fund?

VALUX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds in exchange for the discretion to over- or under-weight positions.

### When was VALUX launched?

Al Frank Fund Investor Class (VALUX) launched in January 2019 and is managed by the fund issuer.

### How has VALUX performed?

VALUX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

### Does VALUX pay a dividend?

Al Frank Fund Investor Class (VALUX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab.

### How often does VALUX pay dividends?

Al Frank Fund Investor Class pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is VALUX's dividend yield?

VALUX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price.

### When is VALUX's next ex-dividend date?

The most recently announced ex-dividend date for VALUX was 2021-12-08. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page.

### Why is VALUX's expense ratio not shown?

Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check twice a month) report an expense ratio for Al Frank Fund Investor Class (VALUX). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number.

### How does VALUX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from VALUX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/valux
- Distribution history: https://www.dividenddata.com/funds/valux/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/valux/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/valux/expenses
- Peer comparison: https://www.dividenddata.com/funds/valux/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.