VIOIX Performance — VELA Income Opportunities Fund, Class I
Data updated: 2026-09-04
VIOIX returned +2.95% year to date and +7.73% over one year to Jun 2026. The annualised 3-year return is +7.18%. The fund trailed its US Multi-Cap Blend category average: $100 invested three years ago grew to $123, against $143 for the category, and to $108 over one year, against $116. Volatility over the past three years was 8.38% a year. In the 12 months to Jun 2026 the fund took in a net $6.3M, and assets reached $41.80M.
VIOIX Growth of $100
What $100 invested in VELA Income Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | VIOIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $108 | $116 |
| 3 years (Jul 2023 – Jun 2026) | $123 | $143 |
| Since data start (Apr 2022 – Jun 2026) | $85 | $138 |
VIOIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.95% |
| 1 year | +7.73% |
| 3 years (annualised) | +7.18% |
VIOIX Annual Returns
Calendar-year total returns of VELA Income Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +2.95% |
| 2025 | +7.69% |
| 2024 | +7.30% |
| 2023 | +4.56% |
| 2022 (Apr–Dec) | −31.71% |
VIOIX 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 | +2.6% | +0.9% | −4.1% | +2.3% | +0.9% | +0.4% | — | — | — | — | — | — |
| 2025 | +2.2% | +0.3% | −1.8% | −3.1% | +3.2% | +2.3% | +0.4% | +3.0% | 0.0% | −1.2% | +1.9% | +0.5% |
| 2024 | +0.4% | +2.0% | +2.8% | −2.3% | +1.2% | −0.8% | +3.3% | +1.8% | +0.2% | −0.2% | +2.3% | −3.4% |
| 2023 | +4.5% | −2.1% | −4.4% | +1.1% | −3.7% | +6.0% | +2.9% | −3.5% | −2.8% | −2.9% | +5.7% | +4.6% |
| 2022 | — | — | — | −9.2% | −3.0% | −11.6% | −0.7% | −9.5% | −13.7% | +10.1% | +6.4% | −3.4% |
VIOIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.38%
- 3-year Sharpe ratio: 0.32 (vs 4.5% risk-free rate)
- Best month: +5.68% (Nov 2023)
- Worst month: −4.07% (Mar 2026)
VIOIX Fund Flows
Monthly money in and out of VELA Income Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: $6.3M
- 12-month gross sales (incl. reinvestments): $9.1M
- Sales ÷ redemptions: 3.23×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $722K | $79K | $643K |
| May 2026 | $365K | $223K | $143K |
| Apr 2026 | $248K | $359K | −$111K |
| Mar 2026 | $5.4M | $203K | $5.2M |
| Feb 2026 | $251K | $173K | $78K |
| Jan 2026 | $116K | $129K | −$13K |
| Dec 2025 | $897K | $329K | $568K |
| Nov 2025 | $210K | $276K | −$66K |
| Oct 2025 | $251K | $638K | −$387K |
| Sep 2025 | $266K | $119K | $147K |
| Aug 2025 | $175K | $149K | $26K |
| Jul 2025 | $189K | $146K | $42K |
VIOIX Assets Under Management
Net assets of VELA Income Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $41.80M |
| 2026-03-31 | $40.05M |
| 2025-12-31 | $35.27M |
| 2025-09-30 | $35.11M |
| 2025-06-30 | $34.07M |
| 2025-03-31 | $32.19M |
| 2024-12-31 | $31.78M |
| 2024-09-30 | $29.48M |
| 2024-06-30 | $28.08M |
| 2024-03-31 | $29.53M |
| 2023-12-31 | $28.12M |
| 2023-09-30 | $27.29M |
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.