Value Line Small Cap Opportunities Fund, Inc.
Fund
VLEOX
Price as of:
$52.74
- $0.60
- 1.12%
Primary Theme
fund company
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
1.4%
1 yr return
14.2%
3 Yr Avg Return
1.7%
5 Yr Avg Return
9.4%
Net Assets
$533 M
Holdings in Top 10
30.9%
52 WEEK LOW AND HIGH
$53.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.18%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 3.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
VLEOX - Profile
Distributions
- YTD Total Return 1.4%
- 3 Yr Annualized Total Return 1.7%
- 5 Yr Annualized Total Return 9.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.52%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameValue Line Small Cap Opportunities Fund, Inc.
-
Fund Family NameValue Line Funds
-
Inception DateNov 01, 2015
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStephen Grant
Fund Description
Under normal circumstances, the Adviser invests at least 80% of the Fund’s assets in stocks of U.S. companies with small market capitalizations (the “80% Policy”). A portion of the Fund’s assets may also be invested in stocks of U.S. mid-market capitalization companies.
The Adviser defines “stocks of U.S. companies” as companies that do business in the U.S., are organized in the U.S. or whose stock is traded on a U.S. exchange or over-the-counter market. Although there is not a universal definition of a “small market capitalization company,” the Adviser considers a company with a market capitalization of less than $8.0 billion to be a small market capitalization company. Small-growth portfolios focus on faster-growing companies whose shares are at the lower end of the market-capitalization range. These portfolios tend to favor companies in up-and-coming industries or young firms in their early growth stages. Because these businesses are fast-growing and often richly valued, their stocks tend to be volatile. A company’s categorization is based on its market capitalization at the time of investment by the Fund. The 80% Policy can be changed without shareholder approval upon at least 60 days’ prior written notice.
While the Fund is actively managed by the Adviser, the Adviser utilizes the rankings of companies by the Value Line Timeliness™ Ranking System or the Value Line Performance™ Ranking System (the “Ranking Systems”) to assist in selecting equity securities for purchase or sale. The Ranking Systems are proprietary quantitative systems that compare an estimate of the probable market performance of each stock within a universe during the next six to twelve months to that of all stocks within that universe and ranks stocks on a scale of 1 (highest) to 5 (lowest). The universe consists of approximately 1,700 stocks of large-, mid- and small-market capitalization companies for the Value Line Timeliness Ranking System and approximately 1,700 stocks of smaller and mid-sized capitalization companies for the Value Line Performance Ranking System. While the Adviser utilizes the rankings of companies by
the Ranking Systems in selecting stocks for the Fund, it has broad discretion in managing the Fund’s portfolio, including whether and which ranked stocks to include within the Fund’s portfolio, whether and when to buy or sell stocks based upon changes in their rankings, and the frequency and timing of rebalancing the Fund’s portfolio.
The Adviser will determine the percentage of the Fund’s assets invested in each stock based on the stock’s relative attractiveness taking into account the potential risk and reward of each investment. The Adviser may sell securities for a variety of reasons, such as to secure gains, limit losses or redeploy assets into more promising opportunities.
VLEOX - Performance
Return Ranking - Trailing
Period | VLEOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | -11.0% | 12.2% | 30.40% |
1 Yr | 14.2% | -7.4% | 45.9% | 18.84% |
3 Yr | 1.7%* | -25.3% | 56.7% | 4.50% |
5 Yr | 9.4%* | -4.7% | 43.7% | 18.23% |
10 Yr | 9.9%* | 0.9% | 24.0% | 16.67% |
* Annualized
Return Ranking - Calendar
Period | VLEOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.0% | -20.5% | 54.6% | 14.08% |
2022 | -21.2% | -82.1% | 32.2% | 7.68% |
2021 | 8.5% | -90.6% | 300.1% | 12.61% |
2020 | 16.8% | -63.0% | 127.9% | 87.13% |
2019 | 1.2% | -7.7% | 42.9% | 99.42% |
Total Return Ranking - Trailing
Period | VLEOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | -11.0% | 12.2% | 30.40% |
1 Yr | 14.2% | -7.4% | 45.9% | 18.84% |
3 Yr | 1.7%* | -25.3% | 56.7% | 4.50% |
5 Yr | 9.4%* | -4.7% | 43.7% | 18.23% |
10 Yr | 9.9%* | 0.9% | 24.0% | 16.67% |
* Annualized
Total Return Ranking - Calendar
Period | VLEOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.0% | -19.0% | 136.8% | 11.27% |
2022 | -19.1% | -59.9% | 44.3% | 9.82% |
2021 | 15.2% | -22.7% | 411.9% | 27.75% |
2020 | 26.6% | 1.5% | 150.8% | 80.78% |
2019 | 25.1% | 5.5% | 55.3% | 72.88% |
NAV & Total Return History
VLEOX - Holdings
Concentration Analysis
VLEOX | Category Low | Category High | VLEOX % Rank | |
---|---|---|---|---|
Net Assets | 533 M | 207 K | 34.3 B | 52.35% |
Number of Holdings | 73 | 7 | 1180 | 74.43% |
Net Assets in Top 10 | 165 M | 57.4 K | 2.83 B | 44.87% |
Weighting of Top 10 | 30.93% | 7.1% | 100.1% | 23.00% |
Top 10 Holdings
- State Street Institutional U.S. Government Money Market Fund 4.73%
- SPS Commerce, Inc. 3.80%
- RLI Corp. 3.29%
- Comfort Systems USA, Inc. 2.90%
- AAON, Inc. 2.89%
- RBC Bearings, Inc. 2.80%
- Exponent, Inc. 2.70%
- ePlus, Inc. 2.65%
- Churchill Downs, Inc. 2.59%
- CACI International, Inc. 2.58%
Asset Allocation
Weighting | Return Low | Return High | VLEOX % Rank | |
---|---|---|---|---|
Stocks | 95.13% | 77.88% | 108.99% | 89.91% |
Cash | 4.87% | 0.00% | 26.25% | 15.30% |
Preferred Stocks | 0.00% | 0.00% | 3.53% | 40.52% |
Other | 0.00% | -0.22% | 5.89% | 51.83% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 33.91% |
Bonds | 0.00% | 0.00% | 3.22% | 33.39% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VLEOX % Rank | |
---|---|---|---|---|
Industrials | 29.30% | 0.00% | 36.64% | 1.91% |
Technology | 22.32% | 2.91% | 75.51% | 67.65% |
Healthcare | 15.20% | 0.00% | 47.90% | 82.09% |
Consumer Cyclical | 14.79% | 0.00% | 24.04% | 26.61% |
Financial Services | 11.10% | 0.00% | 42.95% | 20.17% |
Consumer Defense | 4.07% | 0.00% | 13.56% | 47.83% |
Basic Materials | 2.06% | 0.00% | 9.24% | 57.91% |
Communication Services | 0.84% | 0.00% | 15.31% | 70.61% |
Utilities | 0.32% | 0.00% | 5.57% | 29.04% |
Real Estate | 0.00% | 0.00% | 15.31% | 81.91% |
Energy | 0.00% | 0.00% | 55.49% | 81.74% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VLEOX % Rank | |
---|---|---|---|---|
US | 95.13% | 30.27% | 102.09% | 77.57% |
Non US | 0.00% | 0.00% | 61.74% | 48.35% |
VLEOX - Expenses
Operational Fees
VLEOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.18% | 0.05% | 23.20% | 52.26% |
Management Fee | 0.74% | 0.05% | 1.62% | 31.71% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 41.14% |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
VLEOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
VLEOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
VLEOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 3.00% | 3.00% | 439.00% | 0.80% |
VLEOX - Distributions
Dividend Yield Analysis
VLEOX | Category Low | Category High | VLEOX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.14% | 44.70% |
Dividend Distribution Analysis
VLEOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
VLEOX | Category Low | Category High | VLEOX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.52% | -2.47% | 1.10% | 33.33% |
Capital Gain Distribution Analysis
VLEOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 12, 2019 | $10.158 | OrdinaryDividend |
Dec 28, 2012 | $0.038 | OrdinaryDividend |
Dec 14, 1999 | $0.505 | OrdinaryDividend |
VLEOX - Fund Manager Analysis
Managers
Stephen Grant
Start Date
Tenure
Tenure Rank
Dec 31, 1998
23.43
23.4%
Mr. Grant has been a portfolio manager with EULAV Asset Management or its predecessor since 1991.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.44 | 9.01 | 5.25 |