Matrix Advisors Value Fund, Inc.

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

615 East Michigan Street

Milwaukee, Wisconsin 53202

November 4, 2019

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, 2019 and filed electronically as Post-Effective Amendment No. 51 to the Company’s Registration Statement on Form N-1A on October 28, 2019.

If you have any questions regarding the enclosed, please do not hesitate to contact the undersigned at (414) 765-5208.

Very truly yours,

/s/ Alyssa M. Bernard    

Alyssa M. Bernard

U.S. Bank Global Fund Services, LLC

as Administrator to the Company