VELA Income Opportunities A (VIOAX)

Fund Assets	33.03M
Expense Ratio	n/a
Min. Investment	$2,500
Turnover	35.00%
Dividend (ttm)	0.29
Dividend Yield	2.82%
Dividend Growth	n/a
Payout Frequency	Monthly
Ex-Dividend Date	Nov 27, 2024

Previous Close	9.59
YTD Return	12.13%
1-Year Return	12.63%
5-Year Return	n/a
52-Week Low	9.18
52-Week High	9.96
Beta (5Y)	n/a
Holdings	79
Inception Date	n/a

About VIOAX

The fund, under normal market conditions, invests at least 80% of its net assets in income producing securities. The fund may invest in common equities of large, mid and small capitalization companies (both domestic and foreign, including American Depository Receipts (“ADRs”)), real estate investment trusts (“REITs”), preferred equity securities, convertible securities, and master limited partnerships (“MLPs”). The fund will limit its investments in MLPs to less than 25% of net assets.

• Fund Family: VELA Funds
• Category: Allocation--70% to 85% Equity
• Stock Exchange: NASDAQ
• Ticker Symbol: VIOAX

Performance

VIOAX had a total return of 12.63% in the past year. Since the fund's inception, the average annual return has been 4.13%, including dividends.

Top 10 Holdings

30.93% of assets

Name	Symbol	Weight
Federated Hermes Treasury Obligations Fund Insti Shares	TOIXX	10.29%
The Kraft Heinz Company	KHC	2.54%
Flowers Foods, Inc.	FLO	2.52%
Washington Trust Bancorp, Inc.	WASH	2.50%
The Greenbrier Companies, Inc.	GBX	2.43%
Medtronic plc	MDT	2.35%
Civitas Resources, Inc.	CIVI	2.11%
Johnson & Johnson	JNJ	2.07%
Genuine Parts Company	GPC	2.06%
Simon Property Group, Inc.	SPG	2.05%

Dividend History

Ex-Dividend	Amount	Pay Date
Nov 27, 2024	$0.0262	Nov 27, 2024
Oct 30, 2024	$0.0244	Oct 30, 2024
Sep 27, 2024	$0.0397	Sep 27, 2024
Aug 29, 2024	$0.0199	Aug 29, 2024
Jul 30, 2024	$0.0248	Jul 30, 2024
Jun 27, 2024	$0.0396	Jun 27, 2024