Value Line Tax-Exempt Fund (VLHYX)
Value Line Tax-Exempt Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY. The stock last traded at $9.64, up 0.00% on the session, giving a market capitalisation of $41.5M. Its beta of 0.85 implies it has historically moved less than the broad market.
Typically, over 80% of the fund's holdings are in instruments generating income free from standard federal income taxes, and which also avoid the alternative minimum tax for individual investors. The portfolio is predominantly composed of municipal bonds rated as investment grade, and the Advisor anticipates an average maturity period of 7 to 20 years for these holdings.
Value Line Tax-Exempt Fund is most often compared with the following Financial Services names: