Matrix Advisors Value Fund, Inc.

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

615 East Michigan Street

Milwaukee, Wisconsin 53202

October 31, 2018

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 effective October 31, 2018 and filed electronically as Post-Effective Amendment No. 49 to the Company’s Registration Statement on Form N-1A on October 26, 2018.

If you have any questions or require further information, please contact Thomas Bausch at (414) 765‑6611 or thomas.bausch@usbank.com.

Sincerely,

/s/ Thomas Bausch

Thomas Bausch, Esq.

Vice President

U.S. Bancorp Fund Services, LLC,

as Administrator to the Company