VAGIX

About VAGIX

Value Line Core Bond Fund is an open-end mutual fund specializing in the intermediate core bond category. Designed primarily to maximize current income, its investment strategy emphasizes a diversified mix of U.S. dollar-denominated, investment-grade fixed-income securities. The fund typically allocates at least 80% of assets to bonds and other debt instruments, focusing on issuers such as the U.S. government, government agencies, and a range of U.S. corporations. This approach offers broad exposure to sectors including Treasuries, mortgage-backed securities, and corporate bonds. With an inception dating to 1986, the fund employs a rigorous, risk-moderated process aiming for steady income while maintaining moderate interest rate sensitivity and credit quality. Monthly dividend distributions and a relatively low historical beta underscore its role as a core fixed-income holding for income-focused investors seeking diversification and stability within the broader bond market. Although capital appreciation is a secondary consideration, the fund’s primary function is to deliver reliable fixed income across varying market environments.