VELAX Mutual Fund

VELAX Mutual Fund

NAV$17.74
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Fund Essentials - as of Mar 31, 2026

Net Assets
$413,844.62
Expense Ratio
1.27%
Dividend Yield (Current)
6.80%
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+3.16%
1 Year+8.52%
3 Year+10.11%
5 Year+7.93%

Asset Allocation

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

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TickerNameWeight
FXFXXFirst Am Treas Obli-X7.28%
GOOGLAlphabet Inc Common Stock USD 0.0014.94%
AMZNAmazon.Com Inc4.73%
MSFTMicrosoft Corp4.42%
JNJJohnson & Johnson - Common3.63%
Top 10 Concentration: 37.90%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
6.80%
Frequency
Annually
Latest Distribution
$0.05
-

Peer Comparison

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

VELAX Mutual Fund Overview

VELAX Mutual Fund (VELA Large Cap Plus Fund Class A) is managed by VELA Funds with $413,844.62 in net assets. VELAX expense ratio is 1.27%, holding 120 positions across sectors including Information Technology, Financials, Industrials. Inception date: 2020-09-30.

VELAX performance shows a YTD return of 3.16%. The 1-year return is 8.52% and the 5-year return is 7.93%. VELAX dividend yield stands at 6.80%, paid annually.

VELAX top holdings include First Am Treas Obli-X (7.3%), Alphabet Inc Common Stock USD 0.001 (4.9%), Amazon.Com Inc (4.7%), Microsoft Corp (4.4%), Johnson & Johnson - Common (3.6%). Go to all VELAX holdings, VELAX sectors, or VELAX dividends.

VELAX can be compared against other funds. Use VELAX overlap to find shared positions, or VELAX vs another fund for a side-by-side view. VELAX alternatives are available via the screener, along with tax-loss harvesting opportunities.