VELA Short Duration Fund I (VESDX)
9.98
0.00 (0.00%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.64% | 46.62M | -- | 45.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 8.987M | 2.84% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income with a secondary objective of protection of capital and competitive total return. It will invest 80% of its assets in fixed income securities and will primarily own corporate bonds of US-domiciled companies with an overall weighted average credit rating of investment grade. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Short Term |
| Peer Group | Short Investment Grade Debt Funds |
| Global Macro | Bond Short Term |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Investment Grade Debt Funds |
| Fund Owner Firm Name | Vela Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
51
-229.94M
Peer Group Low
3.286B
Peer Group High
1 Year
% Rank:
50
8.987M
-4.068B
Peer Group Low
6.618B
Peer Group High
3 Months
% Rank:
42
-647.51M
Peer Group Low
7.493B
Peer Group High
3 Years
% Rank:
--
-8.662B
Peer Group Low
9.241B
Peer Group High
6 Months
% Rank:
46
-3.135B
Peer Group Low
11.14B
Peer Group High
5 Years
% Rank:
--
-27.56B
Peer Group Low
9.053B
Peer Group High
YTD
% Rank:
48
-3.090B
Peer Group Low
16.15B
Peer Group High
10 Years
% Rank:
--
-12.65B
Peer Group Low
25.32B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of July 31, 2026.
| Type | % Net |
|---|---|
| Cash | 1.00% |
| Stock | 0.00% |
| Bond | 98.30% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.70% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| First American Treasury Obligations Fund X | 2.03% | 1.00 | 0.00% |
| Cantor Fitzgerald, L.P. CANFIT 7.2 12/12/2028 FIX USD Corporate 144A | 1.11% | 102.60 | -0.07% |
| Essent Group Ltd. ESSENGR 6.25 07/01/2029 FIX USD Corporate | 1.10% | 101.44 | -0.14% |
| ROYAL CARIBBEAN CRUISES LTD. RCL 6.25 03/15/2032 FIX USD Corporate 144A | 1.09% | 100.67 | 0.04% |
| Viking Ocean Cruises Ship VII Ltd. VIKINOC 5.625 02/15/2029 FIX USD Corporate 144A | 1.08% | 100.03 | 0.03% |
| Paramount Global PARAMGL 3.7 10/04/2026 VAR USD Corporate | 1.07% | 99.88 | -0.01% |
| MGIC Investment Corporation MGIC 5.25 08/15/2028 FIX USD Corporate | 1.02% | 99.79 | 0.21% |
| OAKTREE STRATEGIC CREDIT FUND OAKTSTR 8.4 11/14/2028 FIX USD Corporate | 1.01% | 104.34 | -0.05% |
| CVS Health Corporation CVSHEA 6.036 12/10/2028 FIX USD Corporate | 1.00% | 100.66 | -0.05% |
| FORD MOTOR CREDIT COMPANY LLC F-MotCrLLC 5.8 03/08/2029 FIX USD Corporate | 0.97% | 100.01 | -0.09% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.30% |
| Administration Fee | 109556.0 None |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income with a secondary objective of protection of capital and competitive total return. It will invest 80% of its assets in fixed income securities and will primarily own corporate bonds of US-domiciled companies with an overall weighted average credit rating of investment grade. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Short Term |
| Peer Group | Short Investment Grade Debt Funds |
| Global Macro | Bond Short Term |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Investment Grade Debt Funds |
| Fund Owner Firm Name | Vela Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-15-26) | 4.28% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 134 |
| Bond | |
| Yield to Maturity (7-31-26) | 4.89% |
| Effective Duration | 1.70 |
| Average Coupon | 5.10% |
| Calculated Average Quality | 3.404 |
| Effective Maturity | 3.538 |
| Nominal Maturity | 5.282 |
| Number of Bond Holdings | 132 |
As of July 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 12/15/2023 |
| Last Annual Report Date | 9/30/2025 |
| Last Prospectus Date | 1/30/2026 |
| Share Classes | |
| VASDX | A |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:VESDX", "name") |
| Broad Asset Class: =YCI("M:VESDX", "broad_asset_class") |
| Broad Category: =YCI("M:VESDX", "broad_category_group") |
| Prospectus Objective: =YCI("M:VESDX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |