VEITX: VELA International Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.68

-

-

1.20%

Vitals

YTD Return

9.0%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$30.8 M

Holdings in Top 10

32.8%

52 WEEK LOW AND HIGH

$12.82
$9.47
$13.56

Expenses

OPERATING FEES

Expense Ratio 1.20%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Foreign Large Blend


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.68

-

-

1.20%

VEITX - Profile

Distributions

  • YTD Total Return 9.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    VELA International Fund
  • Fund Family Name
    VELA Investment Management
  • Inception Date
    Sep 30, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Sharpe

Fund Description

The fund, under normal market conditions, invests its assets primarily in non-U.S. equity securities of companies of any size that the Adviser believes are undervalued. Equity securities consist of common and preferred stocks. The Adviser intends to diversify its investments across different countries and regions. The fund may invest up to 30% of its total assets in securities of companies located in emerging market countries.


VEITX - Performance

Return Ranking - Trailing

Period VEITX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.0% -19.4% 25.2% 57.14%
1 Yr N/A -8.5% 61.2% N/A
3 Yr N/A* -8.9% 27.7% N/A
5 Yr N/A* -1.6% 16.2% N/A
10 Yr N/A* 2.0% 11.7% N/A

* Annualized

Return Ranking - Calendar

Period VEITX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -39.9% 992.1% N/A
2019 N/A -22.2% 38.8% N/A
2018 N/A -50.2% 25.1% N/A
2017 N/A -3.3% 38.4% N/A
2016 N/A -13.9% 14.4% N/A

Total Return Ranking - Trailing

Period VEITX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.0% -19.4% 25.2% 61.00%
1 Yr N/A -12.1% 61.2% N/A
3 Yr N/A* -8.9% 27.7% N/A
5 Yr N/A* -1.6% 16.2% N/A
10 Yr N/A* 0.5% 11.7% N/A

* Annualized

Total Return Ranking - Calendar

Period VEITX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -39.9% 992.1% N/A
2019 N/A -22.2% 38.8% N/A
2018 N/A -50.2% 25.1% N/A
2017 N/A -3.3% 38.4% N/A
2016 N/A -10.2% 14.4% N/A

NAV & Total Return History


VEITX - Holdings

Concentration Analysis

VEITX Category Low Category High VEITX % Rank
Net Assets 30.8 M 208 K 418 B 92.12%
Number of Holdings 46 1 9757 87.69%
Net Assets in Top 10 10.1 M 4.48 K 39.5 B 88.06%
Weighting of Top 10 32.84% 2.2% 100.0% 19.52%

Top 10 Holdings

  1. Federated Hermes Treasury Obl IS 9.06%
  2. Roche Holding AG 3.13%
  3. Total SE 3.13%
  4. Total SE 3.13%
  5. Total SE 3.13%
  6. Total SE 3.13%
  7. Total SE 3.13%
  8. Total SE 3.13%
  9. Total SE 3.13%
  10. Total SE 3.13%

Asset Allocation

Weighting Return Low Return High VEITX % Rank
Stocks
90.94% 12.84% 116.59% 94.78%
Cash
9.06% -104.97% 51.49% 2.86%
Preferred Stocks
0.00% -0.01% 1.51% 39.18%
Other
0.00% -8.32% 152.15% 59.58%
Convertible Bonds
0.00% 0.00% 3.95% 33.21%
Bonds
0.00% -0.24% 86.90% 39.55%

Stock Sector Breakdown

Weighting Return Low Return High VEITX % Rank
Industrials
23.56% 3.49% 40.78% 3.27%
Consumer Cyclical
17.63% 0.00% 39.97% 4.03%
Consumer Defense
14.90% 0.00% 24.69% 7.93%
Communication Services
9.15% 0.00% 31.01% 17.25%
Healthcare
8.73% 0.00% 22.12% 79.47%
Financial Services
8.20% 0.00% 44.38% 95.34%
Basic Materials
6.96% 0.00% 20.94% 71.28%
Energy
5.62% 0.00% 9.63% 11.08%
Technology
5.25% 0.00% 35.97% 95.84%
Utilities
0.00% 0.00% 33.27% 91.69%
Real Estate
0.00% 0.00% 11.43% 83.12%

Stock Geographic Breakdown

Weighting Return Low Return High VEITX % Rank
Non US
86.64% 12.70% 118.19% 89.80%
US
4.30% -13.17% 16.78% 21.52%

VEITX - Expenses

Operational Fees

VEITX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.20% 0.01% 4.97% 25.88%
Management Fee 1.20% 0.00% 1.90% 99.11%
12b-1 Fee 0.00% 0.00% 1.00% 7.84%
Administrative Fee N/A 0.01% 1.00% N/A

Sales Fees

VEITX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

VEITX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VEITX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 369.00% N/A

VEITX - Distributions

Dividend Yield Analysis

VEITX Category Low Category High VEITX % Rank
Dividend Yield 0.00% 0.00% 1.79% 36.27%

Dividend Distribution Analysis

VEITX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Semi-Annually

Net Income Ratio Analysis

VEITX Category Low Category High VEITX % Rank
Net Income Ratio N/A -1.13% 3.42% N/A

Capital Gain Distribution Analysis

VEITX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

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VEITX - Fund Manager Analysis

Managers

Robert Sharpe


Start Date

Tenure

Tenure Rank

Sep 30, 2020

0.92

0.9%

Mr. Sharpe has been with Heartland Advisors since April 1, 2013 and currently holds the title of Vice President, Portfolio Manager. Prior to joining Heartland Advisors, Mr. Sharpe was employed by The State Teachers Retirement System of Ohio for nearly 20 years where he held various positions. Most recently, he was the Director, International Equities and Portfolio Manager – International Equities. Previously, he was an Investment Analyst with Capital Research Company.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 29.6 5.53 0.85