VELA Large Cap Plus I (VELIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

17.80

-0.07 (-0.39%)

At close: Aug 26, 2026

0.06% (1Y)

Fund Assets	68.45M
Expense Ratio	1.02%
Min. Investment	$2,500
Turnover	67.00%
Dividend (ttm)	1.21
Dividend Yield	6.78%
Dividend Growth	5.73%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	17.87
YTD Return	5.18%
1-Year Return	7.61%
5-Year Return	47.50%
52-Week Low	15.93
52-Week High	18.33
Beta (5Y)	n/a
Holdings	126
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.

Fund Family VELA Funds

Category Large Blend

Performance Rating Below Average

Risk Rating Low

Stock Exchange NASDAQ

Ticker Symbol VELIX

Index Russell 1000 TR USD

Performance

VELIX had a total return of 7.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.35%.

Top 10 Holdings

40.53% of assets

Name	Symbol	Weight
First American Treasury Obligs X	FXFXX	6.82%
Amazon.com, Inc.	AMZN	5.80%
Microsoft Corporation	MSFT	5.30%
Cash At Broker	n/a	5.00%
Alphabet Inc.	GOOGL	4.79%
Baker Hughes Company	BKR	2.79%
Thermo Fisher Scientific Inc.	TMO	2.65%
Berkshire Hathaway Inc.	BRK.B	2.50%
Booking Holdings Inc.	BKNG	2.47%
Johnson & Johnson	JNJ	2.40%

View More Holdings

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

Full Dividend History