# Value Line Asset Allocation Fund Investor Class (VLAAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vlaax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 1993-08-24 The fund's primary objective is to achieve a significant total investment return while adhering to a reasonable level of risk. To accomplish this, the portfolio manager allocates capital across a diversified spectrum of common stocks, fixed-income instruments, and money market securities. The adviser employs a dynamic asset allocation strategy, which allows for periodic adjustments and rebalancing of the fund's holdings among three key security types: ordinary shares, debt obligations with maturities exceeding one year that are predominantly investment-grade rated, and highly liquid money m... ## Key Facts | Metric | Value | |---|---| | Price | $33.77 | | Expense Ratio | 1.10% | | Assets Under Management | $301.1M | | NAV | $33.77 | | Holdings Count | — | | Distribution Yield (TTM) | 12.73% | | Annual Distribution (TTM) | $4.30 /share | | Distribution Frequency | Annual | | 52-Week Range | $32.46 – $39.94 | | Beta | 0.83 | ## Latest Distribution - Amount: $4.2992 /share - Ex-date: 2025-12-17 - Pay date: 2025-12-17 ## Frequently Asked Questions ### What does VLAAX invest in? The fund's primary objective is to achieve a significant total investment return while adhering to a reasonable level of risk. To accomplish this, the portfolio manager allocates capital across a diversified spectrum of common stocks, fixed-income instruments, and money market securities. The adviser employs a dynamic asset allocation strategy, which allows for periodic adjustments and rebalancing of the fund's holdings among three key security types: ordinary shares, debt obligations with maturities exceeding one year that are predominantly investment-grade rated, and highly liquid money market instruments. ### What is the expense ratio of VLAAX? Value Line Asset Allocation Fund Investor Class (VLAAX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VLAAX? Value Line Asset Allocation Fund Investor Class (VLAAX) manages $301.1M 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 VLAAX actively managed or an index fund? VLAAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (VLAAX's is 1.10%) in exchange for the discretion to over- or under-weight positions. ### When was VLAAX launched? Value Line Asset Allocation Fund Investor Class (VLAAX) launched in August 1993 and is managed by the fund issuer. ### How has VLAAX performed? VLAAX'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 VLAAX pay a dividend? Value Line Asset Allocation Fund Investor Class (VLAAX) currently distributes little or no income. Trailing-twelve-month yield is 12.73%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VLAAX pay dividends? Value Line Asset Allocation 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 VLAAX's dividend yield? VLAAX's trailing-twelve-month yield is 12.73%, calculated from the sum of dividends over the past year divided by the current price. ### When is VLAAX's next ex-dividend date? The most recently announced ex-dividend date for VLAAX was 2025-12-17. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will VLAAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.10% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VLAAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VLAAX'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. ### Why does VLAAX cost more than a fund like VOO? VLAAX is actively managed (current expense ratio 1.10%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether VLAAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to VLAAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VLAAX (1.10%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vlaax - Distribution history: https://www.dividenddata.com/funds/vlaax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vlaax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vlaax/expenses - Peer comparison: https://www.dividenddata.com/funds/vlaax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.