VELA Small Cap I (VESMX)
| Fund Assets | 181.64M |
| Expense Ratio | 1.09% |
| Min. Investment | $2,500 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 0.93% |
| Dividend Growth | 380.89% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 22.15 |
| YTD Return | 7.04% |
| 1-Year Return | 14.06% |
| 5-Year Return | 45.08% |
| 52-Week Low | 18.51 |
| 52-Week High | 22.27 |
| Beta (5Y) | 0.74 |
| Holdings | 75 |
| 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.
Performance
VESMX had a total return of 14.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.43%.
Top 10 Holdings
32.47% of assets| Name | Symbol | Weight |
|---|---|---|
| Kirby Corporation | KEX | 4.57% |
| Worthington Enterprises, Inc. | WOR | 4.50% |
| Criteo S.A. | CRTO | 3.62% |
| Murphy USA Inc. | MUSA | 3.14% |
| Hub Group, Inc. | HUBG | 2.91% |
| Bruker Corporation | BRKR | 2.87% |
| Movado Group, Inc. | MOV | 2.80% |
| Gildan Activewear Inc. | GIL | 2.78% |
| Atlanta Braves Holdings, Inc. | BATRK | 2.73% |
| AXIS Capital Holdings Limited | AXS | 2.56% |
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 |