Matrix Advisors Value Fund, Inc.

c/o U.S. Bancorp Fund Services, LLC

615 East Michigan Street

Milwaukee, Wisconsin 53202

November 3, 2014

VIA EDGAR TRANSMISSION

U.S. Securities and Exchange Commission

Division of Investment Management

100 “F” Street, N.E.

Washington, D.C.  20549

Re: Matrix Advisors Value Fund, Inc. (the “Company”)

File Nos.:  002-84222 and 811-03758

Ladies and Gentlemen:

Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, the Company hereby certifies that the forms of Prospectus and Statement of Additional Information that would have been filed under Rule 497(b) or (c) would not have differed from that contained in the most recent amendment dated October 31, 2014 and filed electronically as Post-Effective Amendment No. 41 to the Company’s Registration Statement on Form N-1A on October 27, 2014.

If you have any questions or require further information, please contact Michael Barolsky at (414) 765-5586 or michael.barolsky@usbank.com.

Sincerely,

/s/ Michael D. Barolsky

Michael D. Barolsky, Esq.

Vice President

U.S. Bancorp Fund Services, LLC,

as Administrator to the Company