VESMX: VELA Small Cap Fund - MutualFunds.com
Continue to site >
Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

VELA Small Cap Fund

VESMX | fund

$15.37

-

0.05%

$0.01

1.20%

Vitals

YTD Return

20.0%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$26.6 M

Holdings in Top 10

41.9%

52 WEEK LOW AND HIGH

$15.37
$10.57
$16.60

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

Small Value


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

VELA Small Cap Fund

VESMX | fund

$15.37

-

0.05%

$0.01

1.20%

VESMX - Profile

Distributions

  • YTD Total Return 20.0%
  • 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 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    VELA Small Cap 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
    Jeannette Hubbard

Fund Description

The fund, under normal market conditions, invests at least 80% of its net assets in U.S. equity securities with small market capitalizations that the Adviser believes are undervalued. Equity securities consist of common and preferred stocks. Small cap companies are defined by the Adviser as companies with market capitalizations in the range of those market capitalizations of companies included in the S&P 600 Index at the time of purchase.


VESMX - Performance

Return Ranking - Trailing

Period VESMX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.0% -60.4% 149.0% 63.04%
1 Yr N/A -18.7% 101.2% N/A
3 Yr N/A* -2.8% 17.0% N/A
5 Yr N/A* 0.1% 18.1% N/A
10 Yr N/A* 5.8% 15.7% N/A

* Annualized

Return Ranking - Calendar

Period VESMX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -49.4% 364.1% N/A
2019 N/A -21.7% 34.0% N/A
2018 N/A -57.2% -5.7% N/A
2017 N/A -64.9% 24.5% N/A
2016 N/A -2.4% 68.2% N/A

Total Return Ranking - Trailing

Period VESMX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.0% -59.7% 149.0% 64.13%
1 Yr N/A -18.7% 116.1% N/A
3 Yr N/A* -2.8% 17.0% N/A
5 Yr N/A* 0.1% 18.1% N/A
10 Yr N/A* 5.8% 15.7% N/A

* Annualized

Total Return Ranking - Calendar

Period VESMX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -49.4% 364.1% N/A
2019 N/A -21.7% 34.0% N/A
2018 N/A -48.1% -5.2% N/A
2017 N/A -28.5% 24.5% N/A
2016 N/A -0.8% 70.7% N/A

NAV & Total Return History


VESMX - Holdings

Concentration Analysis

VESMX Category Low Category High VESMX % Rank
Net Assets 26.6 M 294 K 48.2 B 90.57%
Number of Holdings 57 10 1599 83.82%
Net Assets in Top 10 11.2 M 2.72 K 2.35 B 84.24%
Weighting of Top 10 41.87% 2.9% 98.1% 6.79%

Top 10 Holdings

  1. Federated Hermes Treasury Obl IS 7.77%
  2. Texas Pacific Land Corp 5.06%
  3. Hub Group Inc Class A 5.00%
  4. Bonanza Creek Energy Inc Ordinary Shares 4.61%
  5. Ashland Global Holdings Inc 4.15%
  6. Texas Pacific Land 3.88%
  7. Kirby Corp 3.60%
  8. Washington Trust Bancorp Inc 3.53%
  9. Cal-Maine Foods Inc 2.95%
  10. Live Oak Bancshares Inc 2.84%

Asset Allocation

Weighting Return Low Return High VESMX % Rank
Stocks
92.13% 13.53% 100.64% 92.44%
Cash
7.87% -79.75% 81.46% 6.72%
Preferred Stocks
0.00% 0.00% 6.56% 38.66%
Other
0.00% -0.84% 5.38% 41.18%
Convertible Bonds
0.00% 0.00% 2.52% 37.61%
Bonds
0.00% 0.00% 72.05% 38.45%

Stock Sector Breakdown

Weighting Return Low Return High VESMX % Rank
Financial Services
23.45% 0.00% 100.00% 62.08%
Industrials
16.84% 0.00% 38.49% 54.87%
Energy
16.72% 0.00% 35.47% 2.12%
Consumer Cyclical
13.46% 0.00% 43.36% 52.33%
Consumer Defense
12.31% 0.00% 14.01% 2.54%
Basic Materials
7.48% 0.00% 74.80% 20.76%
Healthcare
6.43% 0.00% 23.91% 41.10%
Communication Services
1.27% 0.00% 16.24% 79.45%
Utilities
1.12% 0.00% 14.62% 72.67%
Technology
0.92% 0.00% 31.66% 98.52%
Real Estate
0.00% 0.00% 45.19% 95.34%

Stock Geographic Breakdown

Weighting Return Low Return High VESMX % Rank
US
90.58% 10.92% 100.05% 83.82%
Non US
1.55% 0.00% 68.23% 65.97%

VESMX - Expenses

Operational Fees

VESMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.20% 0.05% 10.52% 41.81%
Management Fee 1.20% 0.00% 1.48% 98.90%
12b-1 Fee 0.00% 0.00% 1.00% 9.81%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

VESMX 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% 5.00% N/A

Trading Fees

VESMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

VESMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 3.00% 454.00% N/A

VESMX - Distributions

Dividend Yield Analysis

VESMX Category Low Category High VESMX % Rank
Dividend Yield 0.05% 0.00% 1.61% 7.34%

Dividend Distribution Analysis

VESMX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

VESMX Category Low Category High VESMX % Rank
Net Income Ratio N/A -2.48% 4.15% N/A

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

VESMX - Fund Manager Analysis

Managers

Jeannette Hubbard


Start Date

Tenure

Tenure Rank

Sep 30, 2020

0.92

0.9%

Ms. Hubbard is a Research Analyst and Co-Portfolio Manager of the Small Cap Strategy. Ms. Hubbard joined VELA Investment Management, LLC in 2020. Prior to joining the firm, Ms. Hubbard served as a Research Analyst and Assistant Portfolio Manager of the Small-Mid Cap and Mid Cap Strategies at Diamond Hill Capital Management, having joined the firm in 2007. Ms. Hubbard has industry experience since 1996, including positions with ABN/AMRO LaSalle Bank and Avondale Partners. Ms. Hubbard holds the Chartered Financial Analyst (CFA) designation, a M.A. in International Economic Development Policy from Stanford University, and a B.A. in English from the University of Colorado.

Ric Dillon


Start Date

Tenure

Tenure Rank

Sep 30, 2020

0.92

0.9%

Mr. Dillon is one of the founders of VELA Investment Management, LLC and has served as CEO, CIO & Co-Portfolio Manager of the firm since November 2019. Early in his career, Mr. Dillon was a Portfolio Manager at Loomis, Sayles & Company. In the 1990s, Mr. Dillon founded Dillon Capital Management, where he served as President and Chief Investment Officer until the company was acquired by Loomis, Sayles & Company, where he returned to work as a Portfolio Manager until 2000. In May 2000, Mr. Dillon founded Diamond Hill Capital Management, where he served as CEO and Portfolio Manager on their Small Cap and Long-Short Strategies. Mr. Dillon retired from Diamond Hill Capital Management in 2018. Mr. Dillon holds the Chartered Financial Analyst (CFA) designation. He received an MBA from the University of Dayton, as well as a M.A. in Finance and a B.S. in Business Administration from The Ohio State University.

Brian Hilderbrand


Start Date

Tenure

Tenure Rank

May 28, 2021

0.26

0.3%

Mr. Hilderbrand is a Research Analyst and Co-Portfolio Manager of the Small Cap Strategy. Mr. Hilderbrand joined the Adviser in 2021. Prior to joining the Adviser, he was a Research Analyst at Diamond Hill Capital Management, covering restaurants, recreation, and managed care. Mr. Hilderbrand has industry experience since 2005, including Investment Analyst roles at Homrich Berg and LCG Associates. Mr. Hilderbrand holds the Chartered Financial Analyst (CFA) designation, an MBA from London Business School, and a B.B.A. in Finance from University of Georgia (magna cum laude).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 36.7 7.4 1.67