VELA Small Cap I (VESMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

22.22

-0.04 (-0.18%)

At close: Aug 26, 2026

13.48% (1Y)

Fund Assets	187.97M
Expense Ratio	1.09%
Min. Investment	$2,500
Turnover	43.00%
Dividend (ttm)	0.21
Dividend Yield	0.92%
Dividend Growth	380.89%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	22.26
YTD Return	8.55%
1-Year Return	14.61%
5-Year Return	47.13%
52-Week Low	18.65
52-Week High	23.11
Beta (5Y)	0.74
Holdings	77
Inception Date	Sep 30, 2020

About VESMX

VELA Small Cap Fund Class I is an actively managed mutual fund focused on achieving long-term capital appreciation by investing primarily in U.S. small-cap equity securities. The fund allocates at least 80% of its assets to stocks of companies that fall within the market capitalization range of the Russell 2000 Index at the time of purchase, emphasizing businesses that are considered undervalued based on fundamental research. Leveraging a valuation-centric, bottom-up stock selection process, the fund seeks to identify growth-oriented, underfollowed firms across diverse industry sectors, with the aim of capitalizing on pricing inefficiencies often present in the small-cap market segment. The portfolio is managed by an experienced team supported by a disciplined research approach, and features a broad diversification with a focus on sector balance. VELA Small Cap Fund Class I serves investors looking for exposure to the growth potential and unique opportunities characteristic of U.S. small-cap equities, while adhering to a benchmark of the Russell 2000 Index and maintaining a competitive profile within the small value and blend fund categories.

Fund Family VELA Funds

Category Small Blend

Performance Rating Average

Risk Rating Low

Stock Exchange NASDAQ

Ticker Symbol VESMX

Index Russell 2000 TR

Performance

VESMX had a total return of 14.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.35%.

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 20, 2024	$0.0429	Dec 20, 2024
Dec 21, 2023	$0.1145	Dec 21, 2023
Dec 22, 2022	$0.1083	Dec 23, 2022
Dec 22, 2021	$0.163	Dec 23, 2021
Dec 22, 2020	$0.0076	Dec 23, 2020

Full Dividend History