VASDX Performance — VELA Short Duration Fund, Class A
Data updated: 2026-09-04
VASDX returned −25.52% year to date and −43.85% over one year to Jun 2026. Over one year the fund trailed its Short-Term Corporate Bond category average: $100 grew to $56, against $105 for the category. Volatility over the past 12 months was 0.96% a year. In the 12 months to Jun 2026 the fund took in a net $11.7M, and assets reached $46.65M.
VASDX Growth of $100
What $100 invested in VELA Short Duration Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Corporate Bond category average over the same months.
| Period | VASDX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $56 | $105 |
| Since data start (Jan 2024 – Jun 2026) | $24 | $115 |
VASDX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −25.52% |
| 1 year | −43.85% |
3- and 5-year figures withheld: returns differ from sibling classes.
VASDX Annual Returns
Calendar-year total returns of VELA Short Duration Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −25.52% |
| 2025 | −43.10% |
| 2024 | −43.61% |
VASDX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −4.7% | −4.6% | −5.5% | −4.5% | −4.8% | −4.7% | — | — | — | — | — | — |
| 2025 | −4.5% | −4.4% | −4.8% | −4.8% | −4.6% | −4.4% | −4.8% | −4.4% | −4.6% | −4.7% | −4.6% | −4.6% |
| 2024 | −5.0% | −5.0% | −4.5% | −5.0% | −4.4% | −4.6% | −4.4% | −4.3% | −4.4% | −5.2% | −4.4% | −4.9% |
VASDX Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 0.96%
- Best month: −4.38% (Aug 2025)
- Worst month: −5.50% (Mar 2026)
VASDX Fund Flows
Monthly money in and out of VELA Short Duration Fund, from SEC Form N-PORT.
- 12-month net flow: $11.7M
- 12-month gross sales (incl. reinvestments): $13.2M
- Sales ÷ redemptions: 9.08×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.3M | $80K | $2.2M |
| May 2026 | $484K | $97K | $387K |
| Apr 2026 | $199K | $92K | $108K |
| Mar 2026 | $2.0M | $105K | $1.9M |
| Feb 2026 | $316K | $86K | $231K |
| Jan 2026 | $938K | $95K | $842K |
| Dec 2025 | $1.6M | $154K | $1.5M |
| Nov 2025 | $1.0M | $196K | $843K |
| Oct 2025 | $2.0M | $207K | $1.8M |
| Sep 2025 | $571K | $108K | $463K |
| Aug 2025 | $388K | $60K | $328K |
| Jul 2025 | $1.3M | $172K | $1.1M |
VASDX Assets Under Management
Net assets of VELA Short Duration Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $46.65M |
| 2026-03-31 | $43.91M |
| 2025-12-31 | $41.23M |
| 2025-09-30 | $37.11M |
| 2025-06-30 | $35.10M |
| 2025-03-31 | $30.36M |
| 2024-12-31 | $28.41M |
| 2024-09-30 | $18.40M |
| 2024-06-30 | $11.49M |
| 2024-03-31 | $10.06M |
| 2023-12-31 | $6.25M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.