VELA Large Cap Plus I (VELIX)
| Fund Assets | 69.14M |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | 67.00% |
| Dividend (ttm) | 1.21 |
| Dividend Yield | 7.11% |
| Dividend Growth | 5.73% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 16.97 |
| YTD Return | -0.29% |
| 1-Year Return | 5.31% |
| 5-Year Return | 62.01% |
| 52-Week Low | 13.88 |
| 52-Week High | 17.36 |
| Beta (5Y) | n/a |
| Holdings | 116 |
| Inception Date | Sep 30, 2020 |
About VELIX
Vela Large Cap Plus Fund Class I is a mutual fund that primarily seeks long-term capital appreciation through investments in U.S. large capitalization stocks. The fund employs an active strategy, taking both long and short positions to target undervalued securities while shorting those deemed overvalued. Its portfolio maintains a net exposure of 80-100% to large-cap U.S. equities, positioning it within the large blend category. The approach is fundamentally driven, valuation-centric, and supported by a team with extensive industry experience. Derivatives are occasionally used to generate income, manage downside risks, and complement its short selling strategy. The fund’s top holdings typically include leading technology and communication services firms, reflecting its focus on major U.S. sectors. With a minimum investment threshold and an institutional share class structure, Vela Large Cap Plus Fund Class I is tailored for investors seeking exposure to U.S. equities with an actively managed, risk-conscious methodology that aims to capture market appreciation while protecting against certain market downturns.
Performance
VELIX had a total return of 5.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.96%.
Top 10 Holdings
35.34% of assets| Name | Symbol | Weight |
|---|---|---|
| Alphabet Inc. | GOOGL | 5.15% |
| Amazon.com, Inc. | AMZN | 4.73% |
| Microsoft Corporation | MSFT | 4.61% |
| Johnson & Johnson | JNJ | 3.51% |
| First American Treasury Obligations Fund | FXFXX | 3.21% |
| Thermo Fisher Scientific Inc. | TMO | 3.12% |
| Citigroup Inc. | C | 2.82% |
| Meta Platforms, Inc. | META | 2.79% |
| Infineon Technologies AG | IFNNY | 2.72% |
| Berkshire Hathaway Inc. | BRK.B | 2.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $1.2058 | Dec 19, 2025 |
| Dec 20, 2024 | $1.1405 | Dec 20, 2024 |
| Dec 21, 2023 | $0.0058 | Dec 21, 2023 |
| Dec 22, 2022 | $0.2396 | Dec 23, 2022 |
| Dec 22, 2021 | $0.0521 | Dec 23, 2021 |
| Dec 22, 2020 | $0.01339 | Dec 23, 2020 |