VASDX — VELA Short Duration Fund
Data updated: 2026-05-29
VASDX — VELA Short Duration Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Short Corporate Bond · $43.91M AUM · 0.89% expense ratio · -43.7% 1-yr return. From SEC regulatory filings.
VASDX Fund Overview
VASDX — VELA Short Duration Fund is a US mutual fund managed by VELA Funds, categorised as Short Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: VELA Funds
- Category: Short Corporate Bond
- Assets under management: $43.91M
- 1-year return: -43.7%
- Ticker: VASDX
- SEC CIK: 0001815493
- SEC series ID: S000083352
- Share class ID: C000246925
VASDX Holdings
Top 10 holdings of VELA Short Duration Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| First American Funds Inc. | 4.42% |
| Cantor Fitzgerald LP | 1.18% |
| Essent Group Ltd. | 1.18% |
| Royal Caribbean Group | 1.16% |
| MGIC Investment Corp. | 1.08% |
| Oaktree Strategic Credit Fund | 1.07% |
| Ford Motor Credit Company LLC | 1.04% |
| Viking Ocean Cruises Ship Vii Limited | 1.03% |
| United States Treasury Notes | 1.03% |
| United States Treasury Notes | 1.03% |
VASDX Portfolio Allocation
Asset-class allocation of VELA Short Duration Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 86.8% |
| Securitized | 9.0% |
| Cash & Equivalents | 4.4% |
VASDX Performance
Total returns for VASDX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -14.0% |
| 1 year | -43.7% |
| 3 years (annualised) | -43.6% |
VASDX Risk Information
Risk metrics for VASDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.0%
VASDX Costs and Fees
VASDX costs about $89 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.89%
- Gross expense ratio: 0.89%
- Portfolio turnover: 45%
- Brokerage commissions: 0.08 bps of average net assets (SEC N-CEN)
VASDX Cashflows
Over the 12 months to 2026-03, VELA Short Duration Fund had net inflows of $13.65M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $1.94M |
| 2026-02 | $230.97K |
| 2026-01 | $842.28K |
| 2025-12 | $1.48M |
| 2025-11 | $843.13K |
| 2025-10 | $1.80M |
VASDX Debt Constituents
Largest debt holdings of VELA Short Duration Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Cantor Fitzgerald LP | 1.18% |
| Essent Group Ltd. | 1.18% |
| Royal Caribbean Group | 1.16% |
| MGIC Investment Corp. | 1.08% |
| Oaktree Strategic Credit Fund | 1.07% |
| Ford Motor Credit Company LLC | 1.04% |
| Viking Ocean Cruises Ship Vii Limited | 1.03% |
| United States Treasury Notes | 1.03% |
| United States Treasury Notes | 1.03% |
| United States Treasury Notes | 1.03% |
VASDX Prospectus and SEC Filings
Official VELA Short Duration Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Short Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.