- What does VLIIX invest in?
- This fund strategically invests its capital across a blend of equity instruments, debt securities, and short-term cash holdings. A minimum of 50% of its net assets are allocated to common or preferred shares, or convertible securities, irrespective of whether they pay dividends. The substantial remainder of the fund's holdings is primarily directed toward U.S. government bonds, investment-grade debt (specifically those rated between AAA and BBB at acquisition), other fixed income products, or highly liquid cash equivalents.
- What is the expense ratio of VLIIX?
- Value Line Capital Appreciation Fund, Inc. Institutional Class (VLIIX) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.
- What is VLIIX's dividend yield?
- VLIIX's trailing-twelve-month yield is 5.71%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of VLIIX?
- Effective duration measures VLIIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VLIIX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of VLIIX?
- VLIIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of VLIIX?
- Yield to maturity (YTM) is the total return you'd earn from VLIIX if every bond in the portfolio is held to maturity at the current price. VLIIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
