VELIX Mutual Fund

VELIX Mutual Fund

NAV$17.80
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Fund Essentials - as of Mar 31, 2026

Net Assets
$69M
Expense Ratio
1.02%
Dividend Yield (Current)
6.89%
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+3.31%
1 Year+8.80%
3 Year+10.39%
5 Year+8.21%

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)
6.89%
Frequency
Annually
Latest Distribution
$0.05
-

Peer Comparison

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

VELIX Mutual Fund Overview

VELIX Mutual Fund (VELA Large Cap Plus Fund Class I) is managed by VELA Funds with $69.5M in net assets. VELIX expense ratio is 1.02%, holding 120 positions across sectors including Information Technology, Financials, Industrials. Inception date: 2020-09-30.

VELIX performance shows a YTD return of 3.31%. The 1-year return is 8.80% and the 5-year return is 8.21%. VELIX dividend yield stands at 6.89%, paid annually.

VELIX 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 VELIX holdings, VELIX sectors, or VELIX dividends.

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