VELA Small Cap A (VESAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

22.06

-0.05 (-0.23%)

At close: Aug 26, 2026

13.13% (1Y)

Fund Assets	187.97M
Expense Ratio	1.34%
Min. Investment	$1,000
Turnover	43.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Dec 19, 2025

Previous Close	22.11
YTD Return	8.35%
1-Year Return	14.26%
5-Year Return	45.37%
52-Week Low	18.56
52-Week High	22.95
Beta (5Y)	n/a
Holdings	77
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.

Fund Family VELA Funds

Category Small Blend

Performance Rating Below Average

Risk Rating Low

Stock Exchange NASDAQ

Ticker Symbol VESAX

Index Russell 2000 TR

Performance

VESAX had a total return of 14.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.07%.

Top 10 Holdings

30.70% of assets

Name	Symbol	Weight
Worthington Enterprises, Inc.	WOR	4.04%
Criteo S.A.	CRTO	3.93%
Kirby Corporation	KEX	3.87%
Hub Group, Inc.	HUBG	2.96%
Jack Henry & Associates, Inc.	JKHY	2.87%
Murphy USA Inc.	MUSA	2.75%
Zebra Technologies Corporation	ZBRA	2.67%
AXIS Capital Holdings Limited	AXS	2.57%
Atlanta Braves Holdings, Inc.	BATRK	2.54%
Cactus, Inc.	WHD	2.50%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.2063	Dec 19, 2025
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

Full Dividend History