Value Line Funds, a $2 billion mutual fund complex, has changed the name of two of its mutual funds “to better reflect their investment objectives and strategies.”
Specifically, the Value Line Emerging Opportunities Fund has been renamed Value Line Small Cap Opportunities Fund (VLEOX) effective January 1, 2013, and the Value Line Aggressive Income Trust also changed its name to Value Line Core Bond Fund (VAGIX) in December 2012.
“With the recent re-categorization by Lipper, Value Line Small Cap Opportunities Fund is now back where it began in 1993 – as our small cap fund offering,” stated Mitchell Appel, president of Value Line Funds. “We anticipate that Morningstar will make a similar category change in the near future.”
