Value Line Tax-Exempt
220 East 42nd Street C/O Value Line Inc New York NY 10017-5891
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Phone: 800-243-2729
| Category: | Muni National Long | | Fund Family: | Value Line | | Net Assets: | 84.53M | | Year-to-Date Return: | 9.53% | | Yield: | 3.86% | | Morningstar Rating: |  | | Fund Inception Date: | 23-Mar-84 |
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Jeffrey Geffen
Lead Manager since
02-Nov-09 | | | Geffen has been a portfolio manager with Value Line, his employer since 2001. Prior to joining the company, he was vice president of investments at Morgan Stanley Dean Witter Advisors from 1989-2001. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $1,000 | | Min Subsequent Investment: | $250 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $25 |
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| The investment seeks income exempt from federal income taxes, while avoiding undue risk to principal. Capital appreciation is a secondary consideration. The fund invests at least 80% of assets in securities the income of which is exempt from federal income taxation. It invests primarily in investment grade municipal bonds and expects to maintain an average maturity of between 10 and 30 years. |
| Last Dividend
(30-Oct-09):
| 0.03 | | Last Cap Gain
(20-Nov-07):
| 0.06 | | Annual Holdings Turnover
| 307.00% | | Average for Category:
| 51.28% |
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| Expense | VLHYX | Category
Avg | | Total Expense Ratio: | 0.68%
| 1.01% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | %
| 4.27% | | Max Deferred Sales Load: | %
| 2.69% | | 3 Yr Expense Projection*: |
$ 271 | $543 | | 5 Yr Expense Projection*: |
$ 490 | $790 | | 10 Yr Expense Projection*: |
$ 1,120 | $1,478 |
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1.48% Nasdaq 0.00%
0.01 (0.10%) 
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