VELA Small Cap Fund I (VESMX)
22.05
+0.21
(+0.96%)
USD |
Sep 02 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.09% | 185.31M | 0.92% | 43.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 22.56M | 12.82% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide long-term capital appreciation. The Fund normally invests at least 80% of its net assets in U.S. equity securities issued by small cap companies, which the fund defined as companies with market capitalizations in the range of those market capitalizations of companies included in the S&P 600. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | Small Cap Core |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US Sm&Mid Cap |
| Peer Group | Small-Cap Core Funds |
| Global Macro | Equity North America |
| US Macro | Small-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Small-Cap Funds |
| Fund Owner Firm Name | Vela Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
25
-569.75M
Peer Group Low
477.78M
Peer Group High
1 Year
% Rank:
16
22.56M
-5.889B
Peer Group Low
3.106B
Peer Group High
3 Months
% Rank:
18
-1.639B
Peer Group Low
994.08M
Peer Group High
3 Years
% Rank:
14
-5.170B
Peer Group Low
6.597B
Peer Group High
6 Months
% Rank:
18
-2.684B
Peer Group Low
1.907B
Peer Group High
5 Years
% Rank:
14
-9.126B
Peer Group Low
9.657B
Peer Group High
YTD
% Rank:
16
-6.999B
Peer Group Low
2.704B
Peer Group High
10 Years
% Rank:
--
-12.68B
Peer Group Low
29.36B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 04, 2026.
Asset Allocation
As of July 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.20% |
| Stock | 100.1% |
| Bond | 0.21% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.54% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Worthington Enterprises, Inc. | 4.04% | 61.24 | 2.86% |
| Criteo SA | 3.93% | 18.15 | -0.82% |
| Kirby Corp. | 3.87% | 143.47 | 1.31% |
| Hub Group, Inc. | 2.96% | 36.53 | 1.67% |
| Jack Henry & Associates, Inc. | 2.87% | 168.38 | 0.81% |
| Murphy USA, Inc. | 2.75% | 521.78 | 0.25% |
| Zebra Technologies Corp. | 2.68% | 357.34 | 1.77% |
| AXIS Capital Holdings Ltd. | 2.58% | 101.49 | 1.83% |
| Atlanta Braves Holdings, Inc. | 2.54% | 50.78 | -0.96% |
| Cactus, Inc. | 2.51% | 71.65 | -0.68% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.75% |
| Administration Fee | 361200.0 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 long-term capital appreciation. The Fund normally invests at least 80% of its net assets in U.S. equity securities issued by small cap companies, which the fund defined as companies with market capitalizations in the range of those market capitalizations of companies included in the S&P 600. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | Small Cap Core |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US Sm&Mid Cap |
| Peer Group | Small-Cap Core Funds |
| Global Macro | Equity North America |
| US Macro | Small-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Small-Cap Funds |
| Fund Owner Firm Name | Vela Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-2-26) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 78 |
| Stock | |
| Weighted Average PE Ratio | 25.24 |
| Weighted Average Price to Sales Ratio | 2.223 |
| Weighted Average Price to Book Ratio | 4.101 |
| Weighted Median ROE | 16.49% |
| Weighted Median ROA | 6.37% |
| Return on Investment (TTM) | 8.91% |
| Earning Yield | 0.0530 |
| LT Debt / Shareholders Equity | 0.9752 |
| Number of Equity Holdings | 58 |
As of July 31, 2026
Growth Metrics
| EPS Growth (1Y) | 14.41% |
| EPS Growth (3Y) | 14.96% |
| EPS Growth (5Y) | 10.28% |
| Sales Growth (1Y) | 8.45% |
| Sales Growth (3Y) | 7.17% |
| Sales Growth (5Y) | 12.27% |
| Sales per Share Growth (1Y) | 12.60% |
| Sales per Share Growth (3Y) | 8.12% |
| Operating Cash Flow - Growth Rate (3Y) | 13.12% |
As of July 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 9/30/2020 |
| Last Annual Report Date | 9/30/2025 |
| Last Prospectus Date | 1/30/2026 |
| Share Classes | |
| VESAX | 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:VESMX", "name") |
| Broad Asset Class: =YCI("M:VESMX", "broad_asset_class") |
| Broad Category: =YCI("M:VESMX", "broad_category_group") |
| Prospectus Objective: =YCI("M:VESMX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |