The fund invests at least 80% of its net assets in bonds. It invests primarily in debt obligations such as bonds, notes and debentures, and bills issued by U.S. corporations or by the U.S. government, its agencies, or instrumentalities, municipal securities, mortgage-backed securities, asset-backed securities, collateralized mortgage obligations and fixed income ETFs. The fund also invests in money market instruments.

Nasdaq

APBDX

The adviser seeks total return through a combination of primarily current income and secondarily capital appreciation by allocating assets among various fixed income sectors, with no more than 65% of its net assets in any one sector. The adviser will employ a strategy to enhance the fund's yield by shifting assets among higher yielding and lower yielding debt securities across sectors and different maturities based on its view of the relative value of each sector or maturity. The fund invests at least 80% of its net assets in bonds.

APENX

The fund focuses on investing in dividend-paying equity securities traded on U.S. exchanges, including common stocks and ADRs, with at least 80% of its assets in income-generating instruments.

APLIX

The fund invests primarily in debt obligations such as bonds, notes and debentures, and bills issued by U.S. corporations or by the U.S. government, its agencies or instrumentalities, municipal securities, mortgage-backed securities, asset-backed securities, and collateralized mortgage obligations and fixed income ETFs. It invests at least 80% of its net assets in bonds and maintains an average portfolio duration of less than three and one-half years. The fund normally invests at least 65% of its net assets in interest-bearing bonds.

APSTX

The fund invests in a diversified portfolio of municipal bonds and debentures. As a matter of fundamental policy, it invests, under normal circumstances, at least 80% of its net assets in municipal securities, the income from which is both exempt from federal income tax and not subject to federal alternative minimum tax for individuals. The fund invests at least 80% of its net assets in tax-free bonds and maintains a dollar-weighted average maturity between 1 day to 1 year.

APUSX

The fund invests at least 80% of its net assets in a wide range of energy-related financial instruments issued in the U.S. and markets around the world. Investments typically include a combination of common stock, bonds, exchange traded funds ("ETFs") and exchange traded notes ("ETNs") but may also include other asset types that are related to energy industry activities. It will invest at least 40%, but may invest up to 100%, of its net assets in the securities of issuers organized or having their principal place of business outside the U.S. or doing a substantial amount of business outside the U.S.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
APBDX	Cavanal Hill Bond Fund	Intermediate Core Bond	Sep 28, 1990	0.72%	-0.56%	1.09%	3.34%	37
APENX	Cavanal Hill Strategic Enhanced Yield Fund	Multisector Bonds	Dec 25, 2017	1.01%	-0.44%	—	3.60%	65
APLIX	Cavanal Hill Hedged Income Fund	Options Trading	Dec 27, 2020	1.35%	-5.79%	—	0.22%	51
APSTX	Cavanal Hill Limited Duration Fund	Short-Term Bond	Oct 19, 1994	0.76%	-0.03%	1.85%	2.95%	80
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	Municipal Bonds	Dec 25, 2017	0.60%	0.21%	—	2.61%	99
APWEX	Cavanal Hill World Energy Fund	Energy Equities	Feb 3, 2014	1.15%	27.84%	12.47%	0.31%	95

Cavanal Hill funds Mutual Funds List

Risk vs. Return Scatterplot