The primary objective of this fund is to mirror the overall performance—encompassing both capital appreciation and income—of the Value Line 100 Index, prior to accounting for the fund's own operating expenses. To achieve this goal, the fund typically allocates a minimum of 90% of its total assets (which may include borrowed capital) to the common stocks and depositary receipts that constitute the underlying index. This benchmark index, in turn, is designed to measure the returns of the 100 highest-ranked securities, chosen according to the proprietary Value Line Timeliness Ranking System devised by the index provider.

Hormel Foods Corporation

The J. M. Smucker Company

Wipro Limited

PPG Industries, Inc.

The Goldman Sachs Group, Inc.

Morgan Stanley

PACCAR Inc

Keurig Dr Pepper Inc.

Jacobs Solutions Inc.

Reynolds Consumer Products Inc.

Financial Services

Utilities

Industrials

Consumer Defensive

Healthcare

Real Estate

Technology

Consumer Cyclical

Energy

Basic Materials

First Trust Value Line 100 Exchange-Traded Fund

FVL Holdings & Sector Breakdown

FVL Holdings & Sector Breakdown