Notable companies
The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Medtronic plc (NYSE:MDT), Simon Property Group (NYSE:SPG), Suncor Energy (NYSE:SU).
Industry description
The investment seeks to provide current income and the secondary investment objective is to provide long-term capital appreciation.
The fund, under normal market conditions, invests at least 80% of its net assets in income producing securities. The fund may invest in common equities of large, mid and small capitalization companies (both domestic and foreign, including American Depository Receipts (“ADRs”)), real estate investment trusts (“REITs”), preferred equity securities, convertible securities, and master limited partnerships (“MLPs”). The fund will limit its investments in MLPs to less than 25% of net assets.
Market Cap
The average market capitalization across the VELA Income Opportunities I MF is 98.66B. The market cap for tickers in the group ranges from 1.5B to 573.02B. JPM holds the highest valuation in this group at 573.02B. The lowest valued company is GBX at 1.5B.
Volume
The average weekly volume growth across all stocks in the VELA Income Opportunities I MF was 17%. For the same stocks of the MF, the average monthly volume growth was 27% and the average quarterly volume growth was -53%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 40
P/E Growth Rating: 57
Price Growth Rating: 43
SMR Rating: 49
Profit Risk Rating: 56
Seasonality Score: -27 (-100 ... +100)