VELA Short Duration Fund I (VESDX)
10.06
0.00 (0.00%)
USD |
Apr 09 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.66% | 44.05M | -- | 45.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 12.18M | 5.41% |
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:
38
-3.114B
Peer Group Low
938.53M
Peer Group High
1 Year
% Rank:
47
12.18M
-4.791B
Peer Group Low
8.672B
Peer Group High
3 Months
% Rank:
44
-3.225B
Peer Group Low
5.150B
Peer Group High
3 Years
% Rank:
32
-11.91B
Peer Group Low
6.976B
Peer Group High
6 Months
% Rank:
47
-4.253B
Peer Group Low
5.151B
Peer Group High
5 Years
% Rank:
40
-24.54B
Peer Group Low
9.188B
Peer Group High
YTD
% Rank:
44
-3.225B
Peer Group Low
5.150B
Peer Group High
10 Years
% Rank:
53
-10.55B
Peer Group Low
23.64B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 10, 2026.
Asset Allocation
As of February 28, 2026.
| Type | % Net |
|---|---|
| Cash | 2.79% |
| Stock | 0.00% |
| Bond | 96.51% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.70% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| First American Treasury Obligations Fund X | 4.02% | 1.00 | 0.00% |
| Cantor Fitzgerald, L.P. CANFIT 7.2 12/12/2028 FIX USD Corporate 144A | 1.25% | 104.49 | -0.03% |
| OAKTREE STRATEGIC CREDIT FUND OAKTSTR 8.4 11/14/2028 FIX USD Corporate | 1.14% | 105.13 | 0.08% |
| Essent Group Ltd. ESSENGR 6.25 07/01/2029 FIX USD Corporate | 1.12% | 103.68 | -0.13% |
| ROYAL CARIBBEAN CRUISES LTD. RCL 6.25 03/15/2032 FIX USD Corporate 144A | 1.11% | 102.61 | -0.07% |
| FORD MOTOR CREDIT COMPANY LLC F-MotCrLLC 5.8 03/08/2029 FIX USD Corporate | 1.10% | 101.60 | 0.13% |
| ANTARES HOLDINGS LP ANTAHOL 6.35 10/23/2029 FIX USD Corporate | 1.09% | 99.64 | 0.07% |
| MGIC Investment Corporation MGIC 5.25 08/15/2028 FIX USD Corporate | 1.08% | 99.96 | 0.02% |
| United States of America USGB 4.5 05/15/2027 FIX USD Government | 1.08% | 100.77 | 0.01% |
|
British Airways Pass Through Trust 2019-1A 3.35% 15-DEC-2030
|
1.07% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.30% |
| Administration Fee | 109.6K% |
| 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 |
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 (4-8-26) | 4.34% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 127 |
| Bond | |
| Yield to Maturity (2-28-26) | 4.34% |
| Effective Duration | 1.40 |
| Average Coupon | 5.19% |
| Calculated Average Quality | 3.380 |
| Effective Maturity | 3.846 |
| Nominal Maturity | 5.994 |
| Number of Bond Holdings | 123 |
As of February 28, 2026
Fund Details
| Key Dates | |
| Inception Date | 12/15/2023 |
| Last Annual Report Date | 9/30/2025 |
| Last Prospectus Date | 10/1/2025 |
| 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. |