VELA Income Opportunities I 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 Income Opportunities Fund Class I VIOIX
- NAV / 1-Day Return 9.98 / 0.00
- Total Assets 41.1M
-
Adj. Expense Ratio
0.840%
- Expense Ratio 0.860%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Moderately Aggressive Allocation
- Investment Style Mid Value
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 3.63%
- Turnover 56%
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:37 AM GMT+0
Morningstar’s Analysis VIOIX
Will VIOIX 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 VIOIX 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 VIOIX’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 17.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Copa Holdings SA Class A | 2.17 | 884,142 | Industrials |
Greenbrier Companies Inc | 2.08 | 850,071 | Industrials |
Accenture PLC Class A | 2.02 | 824,747 | Technology |
PepsiCo Inc | 2.01 | 820,661 | Consumer Defensive |
Pason Systems Inc | 1.83 | 747,474 | Energy |
CSX Corp | 1.58 | 646,741 | Industrials |
Lamb Weston Holdings Inc | 1.54 | 629,820 | Consumer Defensive |
Ambev SA | 1.52 | 618,865 | Consumer Defensive |
PPG Industries Inc | 1.49 | 609,987 | Basic Materials |
Movado Group Inc | 1.49 | 608,923 | Consumer Cyclical |
United States