The value of tax-free investing depends on an individual's tax bracket and tax situation. Your tax adviser should be consulted to determine which of the Value Line Funds are best suited to your needs and whether any income you may receive will be subject to the Alternative Minimum Tax. Income may be subject to state and local taxes. Capital gains, if any, are taxable. The example shown above is not representative of an investment in the Fund and is shown solely for comparative purposes.
Past performance is no guarantee of future results.
Not all municipal bonds are alike, and so strict criteria for credit quality can provide a big advantage. The Value Line Tax Exempt Fund 's investment adviser is Value Line, Inc., the same widely acclaimed manager that provides investment counseling services to our corporate and institutional clients. The Fund invests in a nationally diversified portfolio of investment grade tax exempt bonds. Shares of the Fund are offered at net asset value.