diff --git a/api/v1beta2/zz_generated.deepcopy.go b/api/v1beta2/zz_generated.deepcopy.go
index 15ffd600..aafc2fd1 100644
--- a/api/v1beta2/zz_generated.deepcopy.go
+++ b/api/v1beta2/zz_generated.deepcopy.go
@@ -484,6 +484,11 @@ func (in *HelmChartSpec) DeepCopy() *HelmChartSpec {
 // DeepCopyInto is an autogenerated deepcopy function, copying the receiver, writing into out. in must be non-nil.
 func (in *HelmChartStatus) DeepCopyInto(out *HelmChartStatus) {
 	*out = *in
+	if in.ObservedValuesFiles != nil {
+		in, out := &in.ObservedValuesFiles, &out.ObservedValuesFiles
+		*out = make([]string, len(*in))
+		copy(*out, *in)
+	}
 	if in.Conditions != nil {
 		in, out := &in.Conditions, &out.Conditions
 		*out = make([]v1.Condition, len(*in))
diff --git a/config/crd/bases/source.toolkit.fluxcd.io_helmcharts.yaml b/config/crd/bases/source.toolkit.fluxcd.io_helmcharts.yaml
index 48aa02c1..e35b480c 100644
--- a/config/crd/bases/source.toolkit.fluxcd.io_helmcharts.yaml
+++ b/config/crd/bases/source.toolkit.fluxcd.io_helmcharts.yaml
@@ -93,11 +93,6 @@ spec:
                 description: The name or path the Helm chart is available at in the
                   SourceRef.
                 type: string
-              ignoreMissingValuesFiles:
-                description: |-
-                  IgnoreMissingValuesFiles controls whether to silently ignore missing values
-                  files rather than failing.
-                type: boolean
               interval:
                 description: The interval at which to check the Source for updates.
                 type: string
@@ -648,6 +643,11 @@ spec:
                   ObservedSourceArtifactRevision is the last observed Artifact.Revision
                   of the HelmChartSpec.SourceRef.
                 type: string
+              observedValuesFiles:
+                description: ObservedValuesFiles are the last observed value files.
+                items:
+                  type: string
+                type: array
               url:
                 description: |-
                   URL is the dynamic fetch link for the latest Artifact.
diff --git a/docs/api/v1beta2/source.md b/docs/api/v1beta2/source.md
index 28540819..2e42e560 100644
--- a/docs/api/v1beta2/source.md
+++ b/docs/api/v1beta2/source.md
@@ -667,8 +667,8 @@ bool
 </td>
 <td>
 <em>(Optional)</em>
-<p>Whether to silently ignore missing values files rather than failing.
-</p>
+<p>IgnoreMissingValuesFiles controls whether to silently ignore missing values
+files rather than failing.</p>
 </td>
 </tr>
 <tr>
@@ -2349,8 +2349,8 @@ bool
 </td>
 <td>
 <em>(Optional)</em>
-<p>Whether to silently ignore missing values files rather than failing.
-</p>
+<p>IgnoreMissingValuesFiles controls whether to silently ignore missing values
+files rather than failing.</p>
 </td>
 </tr>
 <tr>
@@ -2462,6 +2462,18 @@ resolved chart reference.</p>
 </tr>
 <tr>
 <td>
+<code>observedValuesFiles</code><br>
+<em>
+[]string
+</em>
+</td>
+<td>
+<em>(Optional)</em>
+<p>ObservedValuesFiles are the last observed value files.</p>
+</td>
+</tr>
+<tr>
+<td>
 <code>conditions</code><br>
 <em>
 <a href="https://pkg.go.dev/k8s.io/apimachinery/pkg/apis/meta/v1#Condition">