# Value Line Capital Appreciation Fund, Inc. Institutional Class (VLIIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vliix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Bond - Strategy: Actively Managed · Inception: 2015-10-30 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. ## Key Facts | Metric | Value | |---|---| | Price | $15.80 | | Expense Ratio | 0.83% | | AUM (All Share Classes) | $545.1M | | NAV | $15.80 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 5.71% | | Annual Distribution (TTM) | $0.90 /share | | Distribution Frequency | Annual | | 52-Week Range | $12.95 – $16.62 | | Beta | 1.34 | ## Latest Distribution - Amount: $0.9020 /share - Ex-date: 2025-12-17 - Pay date: 2025-12-17 ## Frequently Asked Questions ### 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. ### Does VLIIX pay a dividend? Yes, Value Line Capital Appreciation Fund, Inc. Institutional Class (VLIIX) distributes dividends to shareholders. The trailing-twelve-month yield is 5.71%. Full dividend history is on this page. ### How often does VLIIX pay dividends? Value Line Capital Appreciation Fund, Inc. Institutional Class pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is VLIIX's next ex-dividend date? The most recently announced ex-dividend date for VLIIX 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 VLIIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.83% 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 VLIIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VLIIX'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 VLIIX cost more than a fund like VOO? VLIIX is actively managed (current expense ratio 0.83%). 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 VLIIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to VLIIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VLIIX (0.83%) 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/vliix - Distribution history: https://www.dividenddata.com/funds/vliix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vliix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vliix/expenses - Peer comparison: https://www.dividenddata.com/funds/vliix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.