VELA Large Cap Plus A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
VELA Large Cap Plus Fund Class A VELAX
- NAV / 1-Day Return 16.64 / −0.30 %
- Total Assets 65.9M
-
Adj. Expense Ratio
1.200%
- Expense Ratio 1.280%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Large Blend
- Investment Style Large Value
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.12%
- Turnover 67%
USD | NAV as of Jun 09, 2026 | 1-Day Return as of Jun 09, 2026, 12:51 AM GMT+0
Morningstar’s Analysis VELAX
Will VELAX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the VELAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of VELAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 35.5
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Alphabet Inc Class A | 6.17 | 4M | Communication Services |
First American Treasury Obligs X | 5.91 | 4M | Cash and Equivalents |
Amazon.com Inc | 5.76 | 4M | Consumer Cyclical |
Microsoft Corp | 4.73 | 3M | Technology |
Baker Hughes Co Class A | 3.27 | 2M | Energy |
Infineon Technologies AG ADR | 2.94 | 2M | Technology |
Johnson & Johnson | 2.79 | 2M | Healthcare |
Cash At Broker | 2.69 | 2M | Cash and Equivalents |
Citigroup Inc | 2.56 | 2M | Financial Services |
Accenture PLC Class A | 2.55 | 2M | Technology |
United States