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Note 14 - Copyright Data Fees | 12 Months Ended
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Apr. 30, 2016
Notes to Financial Statements |
Copyright Data Fees [Text Block] | Note 14-Copyright Data Fees: During the twelve months ended April 30, 2016, copyright data fees of $2,621,000 were 7.9% below fiscal 2015. As of April 30, 2016, total third party sponsored assets were attributable to three contracts for copyright data representing $1.8 billion in various products, as compared to four contracts for copyright data representing $2.3 billion in assets at April 30, 2015. The value of assets managed by third party sponsors was affected by reassigning assets in their portfolios to a management approach independent of Value Line’s copyright data program effective April 2015. The Company has retained our highest-fee client.

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