VELAX Mutual Fund

NAV$17.55

Fund Essentials - as of Mar 31, 2026

Net Assets
$411,176.79
Expense Ratio
1.27%
Dividend Yield (Current)
7.10%
Holdings
120
Inception Date
Sep 30, 2020
Fund Family
VELA Funds
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Annually

Performance

YTD-1.19%
1 Year+4.00%
3 Year+9.66%
5 Year+7.15%

Asset Allocation

Stocks: 91.56%
Cash: 7.46%
Other: 0.98%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
FXFXXFirst American Treasury Obligations Fund7.28%
GOOGL'alphabet Inc., Class 'a''4.94%
AMZNAmazon.Com Inc4.73%
MSFTMicrosoft Corp 4.100 Feb 06 374.42%
JNJJOHNSON AND JOHNSON3.63%
Top 10 Concentration: 37.90%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
7.10%
Frequency
Annually
Latest Distribution
$0.05
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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VELAX Mutual Fund Overview

VELAX Mutual Fund (VELA Large Cap Plus Fund Class A) is managed by VELA Funds with $411,176.79 in net assets. VELAX expense ratio is 1.27%, holding 120 positions across sectors including Information Technology, Unknown, Financials. Inception date: 2020-09-30.

VELAX performance shows a YTD return of -1.19%. The 1-year return is 4.00% and the 5-year return is 7.15%. VELAX dividend yield stands at 7.10%, paid annually.

VELAX top holdings include First American Treasury Obligations Fund (7.3%), 'alphabet Inc., Class 'a'' (4.9%), Amazon.Com Inc (4.7%), Microsoft Corp 4.100 Feb 06 37 (4.4%), JOHNSON AND JOHNSON (3.6%). View all VELAX holdings, sector breakdown, or dividend history.

VELAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. VELAX alternatives are available via the screener, along with tax-loss harvesting opportunities.