VELA Income Opportunities I (VIOIX)
| Fund Assets | 41.80M |
| Expense Ratio | 0.84% |
| Min. Investment | $1,000 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.60% |
| Dividend Growth | -1.93% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 10.10 |
| YTD Return | 3.66% |
| 1-Year Return | 7.26% |
| 5-Year Return | n/a |
| 52-Week Low | 9.63 |
| 52-Week High | 10.38 |
| Beta (5Y) | 0.66 |
| Holdings | 79 |
| Inception Date | n/a |
About VIOIX
Vela Income Opportunities Fund Class I is an open-end mutual fund managed by VELA Funds, designed to provide investors with both current income and long-term capital appreciation. The fund pursues its objectives by investing across a broad universe of income-generating securities, including both domestic and international stocks and bonds, spanning companies of all market capitalizations. In addition to traditional dividend- and interest-paying investments, the fund may utilize strategies such as call option writing to enhance income potential. This actively managed fund employs a valuation-driven approach, seeking to identify high-quality businesses available at compelling valuations. Its portfolio reflects a disciplined selection process supported by an experienced investment management team with deep roots in value investing. The fund distributes dividends monthly and may pay capital gains annually, appealing to investors seeking regular income streams. Since its inception in March 2022, Vela Income Opportunities Fund Class I has positioned itself within the Moderately Aggressive Allocation category, providing diversification and exposure to a mix of equity and fixed income opportunities. Its benchmark is the Russell 3000, and it carries an expense ratio of 0.86%.
Performance
VIOIX had a total return of 7.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.81%.
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 |
|---|---|---|
| Jun 29, 2026 | $0.0365 | Jun 29, 2026 |
| May 28, 2026 | $0.0235 | May 28, 2026 |
| Apr 29, 2026 | $0.0328 | Apr 29, 2026 |
| Mar 30, 2026 | $0.034 | Mar 30, 2026 |
| Feb 26, 2026 | $0.0205 | Feb 26, 2026 |
| Jan 29, 2026 | $0.0123 | Jan 29, 2026 |