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Company Details

Value Line Tax-Exempt Fund

VLHYX - NASDAQ

Identifiants & Marche

Ticker VLHYX
ISIN N/A
CIK 0000733257
Bourse NASDAQ
Devise USD

Classification

Industrie Asset Management

Entreprise

Pays N/A
Siege N/A
Fondee N/A
Site Web N/A

Description

The fund normally invests at least 80% of the fund's assets in securities the income of which is exempt from regular federal income taxation and will not subject non-corporate shareholders to the alternative minimum tax. It invests primarily in investment grade municipal bonds and the Advisor expects to maintain an average maturity of between 7 and 20 years.