VELA Income Opportunities A (VIOAX)
| Fund Assets | 35.12M |
| Expense Ratio | n/a |
| Min. Investment | $1,000 |
| Turnover | 35.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.49% |
| Dividend Growth | 7.90% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 28, 2025 |
| Previous Close | 9.96 |
| YTD Return | 3.76% |
| 1-Year Return | 7.74% |
| 5-Year Return | n/a |
| 52-Week Low | 8.91 |
| 52-Week High | 9.96 |
| Beta (5Y) | n/a |
| Holdings | 79 |
| Inception Date | n/a |
About VIOAX
The Vela Income Opportunities Fund Class A is a mutual fund designed for investors seeking a combination of current income and potential long-term capital appreciation. The fund employs an actively managed, valuation-centric approach, investing primarily in dividend and interest income-producing securities, including both domestic and foreign equities across a full range of market capitalizations. In addition, the fund may utilize strategies such as call option writing to enhance yield. Sector exposures are diversified, with notable investments in consumer defensive, healthcare, industrials, energy, and technology, reflecting a broad market participation. The portfolio management team leverages decades of value investing experience to make disciplined investment decisions. Geared toward those with a moderately aggressive investment appetite, the fund aims to provide steady cash flow through dividends while pursuing opportunities for growth. With a focus on buying quality businesses at reasonable valuations, the fund plays a role in enabling investors to access a wide spectrum of income-generating assets within a single portfolio, contributing to income-oriented strategies in the broader financial market.
Performance
VIOAX had a total return of 7.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.27%.
Top 10 Holdings
30.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Treasury Obligations Fund | 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 |
|---|---|---|
| Aug 28, 2025 | $0.0317 | Aug 28, 2025 |
| Jul 30, 2025 | $0.0276 | Jul 30, 2025 |
| Jun 27, 2025 | $0.0317 | Jun 27, 2025 |
| May 29, 2025 | $0.0243 | May 29, 2025 |
| Apr 29, 2025 | $0.0331 | Apr 29, 2025 |
| Mar 28, 2025 | $0.0357 | Mar 28, 2025 |