VELA Small Cap A (VESAX)
| Fund Assets | 134.13M |
| Expense Ratio | n/a |
| Min. Investment | $1,000 |
| Turnover | 47.00% |
| Dividend (ttm) | 0.08 |
| Dividend Yield | 0.38% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 19.25 |
| YTD Return | 1.26% |
| 1-Year Return | -1.73% |
| 5-Year Return | n/a |
| 52-Week Low | 16.04 |
| 52-Week High | 20.16 |
| Beta (5Y) | n/a |
| Holdings | 92 |
| Inception Date | Sep 30, 2020 |
About VESAX
Vela Small Cap Fund Class A is an actively managed mutual fund focused on long-term capital appreciation through investments in U.S. small-cap equity securities. The fund typically invests at least 80% of its net assets in small-cap companies, with market capitalizations in line with those found in the Russell 2000 Index at the time of purchase. Vela Small Cap Fund Class A employs a fundamental, bottom-up approach to stock selection, seeking undervalued opportunities across a wide range of sectors, including industrials, consumer defensive, financial services, energy, and communication services. This strategy aims to uncover growth potential in smaller companies that are often underfollowed by the broader market. The fund maintains a diversified portfolio, with its top holdings accounting for a notable portion of assets, and typically exhibits moderate turnover. Since its inception in 2020, Vela Small Cap Fund Class A has become a notable participant in the small-cap segment, providing investors access to U.S. companies poised for development and growth within the evolving equity landscape.
Performance
VESAX had a total return of -1.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.01%.
Top 10 Holdings
32.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Kirby Corporation | KEX | 5.53% |
| Hub Group, Inc. | HUBG | 3.99% |
| Performance Food Group Company | PFGC | 3.38% |
| Valvoline Inc. | VVV | 3.37% |
| Applied Industrial Technologies, Inc. | AIT | 3.00% |
| Criteo S.A. | CRTO | 2.93% |
| AXIS Capital Holdings Limited | AXS | 2.87% |
| Atlanta Braves Holdings, Inc. | BATRK | 2.56% |
| Lincoln Electric Holdings, Inc. | LECO | 2.55% |
| Tetra Tech, Inc. | TTEK | 2.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 21, 2023 | $0.0757 | Dec 21, 2023 |
| Dec 22, 2022 | $0.0726 | Dec 23, 2022 |
| Dec 22, 2021 | $0.1516 | Dec 23, 2021 |
| Dec 22, 2020 | $0.0037 | Dec 23, 2020 |