Vela Short Duration Fund - Class I
VESDX
NASDAQ
| Weiss Ratings | VESDX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Unrated | |||
| Reward Grade | U | |||
| Risk Index | Unrated | |||
| Risk Grade | U | |||
| Company Info | VESDX-NASDAQ | Click to Compare |
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| Provider | VELA Funds | |||
| Manager/Tenure (Years) | Nick Rinker (1), Matt Susi (0) | |||
| Website | -- | |||
| Fund Information | VESDX-NASDAQ | Click to Compare |
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| Fund Name | Vela Short Duration Fund - Class I | |||
| Category | Short-Term Bond | |||
| Sub-Category | US Fixed Income | |||
| Prospectus Objective | Growth and Income | |||
| Inception Date | Dec 15, 2023 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 2,500.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | -- | |||
| Back End Fee | -- | |||
| Dividends and Shares | VESDX-NASDAQ | Click to Compare |
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| Dividend Yield | 4.59% | |||
| Dividend | VESDX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | -- | |||
| Asset Allocation | VESDX-NASDAQ | Click to Compare |
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| Cash | 4.30% | |||
| Stock | 0.00% | |||
| U.S. Stock | 0.00% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 91.29% | |||
| U.S. Bond | 86.93% | |||
| Non-U.S. Bond | 4.36% | |||
| Preferred | 4.41% | |||
| Convertible | 0.00% | |||
| Other Net | 0.00% | |||
| Price History | VESDX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.49% | |||
| 30-Day Total Return | 0.68% | |||
| 60-Day Total Return | 1.33% | |||
| 90-Day Total Return | 1.41% | |||
| Year to Date Total Return | 2.89% | |||
| 1-Year Total Return | 5.65% | |||
| 2-Year Total Return | -- | |||
| 3-Year Total Return | -- | |||
| 5-Year Total Return | -- | |||
| Price | VESDX-NASDAQ | Click to Compare |
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| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | VESDX-NASDAQ | Click to Compare |
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| Nav | $10.09 | |||
| 1-Month Low NAV | $10.05 | |||
| 1-Month High NAV | $10.09 | |||
| 52-Week Low NAV | $9.97 | |||
| 52-Week Low NAV (Date) | Apr 09, 2025 | |||
| 52-Week High NAV | $10.10 | |||
| 52-Week High Price (Date) | Oct 02, 2024 | |||
| Beta / Standard Deviation | VESDX-NASDAQ | Click to Compare |
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| Beta | -- | |||
| Standard Deviation | -- | |||
| Balance Sheet | VESDX-NASDAQ | Click to Compare |
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| Total Assets | 35.10M | |||
| Operating Ratios | VESDX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.68% | |||
| Turnover Ratio | 66.00% | |||
| Performance | VESDX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 3.77% | |||
| Last Bear Market Total Return | -- | |||