About VALAX
The Al Frank Fund Advisor Class is a mutual fund that primarily seeks long-term capital appreciation by investing in equity securities considered out of favor or undervalued. Employing a go-anywhere, value-driven approach, the fund's management team screens a broad universe of stocks, focusing on companies with low price-to-earnings, price-to-book, and price-to-revenue ratios relative to historical norms and peers. Its portfolio is broadly diversified across major market sectors and industry groups, including significant positions in financial services, technology, energy, and communication services. The fund may also include foreign securities that are publicly traded in the United States, such as American Depositary Receipts. The Al Frank Fund Advisor Class emphasizes fundamental analysis in selecting stocks, setting target prices based on company prospects and market valuation. It maintains a low turnover rate, indicating a long-term, buy-and-hold philosophy. As a large value fund, it serves investors seeking exposure to established U.S. companies with attractive valuations, aiming for appreciation as these holdings approach their fair value.
Fund Family Al Frank
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol VALAX
Share Class Advisor Class
Index S&P 500 TR
VALAX had a total return of 17.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.70%.
