On March 21, 2013, the shareholders of the U.S. Government Securities Fund (VALBX) approved the proposal to merge the U.S. Gov't Securities Fund into the Value Line Core Bond Fund (VAGIX). Shares in the U.S Gov't Securities Fund were exchanged tax free into the Value Line Core Bond Fund effective March 22, 2013. One share of VALBX was exchanged for 2.29115793620 shares of VAGIX. For more information, please call shareholder services at 1-800-243-2729.