Cavanal Hill Strategic Enhanced Yield Fund (APENX)

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The chart shows the growth of an initial investment of $10,000 in Cavanal Hill Strategic Enhanced Yield Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Cavanal Hill Strategic Enhanced Yield Fund (APENX) has returned -0.44% so far this year and 4.60% over the past 12 months.

Based on dividend-adjusted daily data since Dec 26, 2017, APENX's average daily return is +0.01%, while the average monthly return is +0.17%. At this rate, your investment would double in approximately 34.0 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2023 with a return of +4.2%, while the worst month was Apr 2022 at -3.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 7 months.

On a daily basis, APENX closed higher 43% of trading days. The best single day was Nov 10, 2022 with a return of +1.3%, while the worst single day was Jun 13, 2022 at -1.3%.

Cavanal Hill Strategic Enhanced Yield Fund has an annualized alpha of 2.17%, beta of -0.01, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since December 27, 2017.

• This fund participated in 12.34% of S&P 500 Index downside but only 10.78% of its upside — more exposed to losses than it benefited from rallies.
• Beta of -0.01 may look defensive, but with R² of 0.00 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.00 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

APENX has a high expense ratio of 1.01%, indicating above-average management fees.

APENX ranks 63 for risk / return — better than 63% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Cavanal Hill Strategic Enhanced Yield Fund (APENX) and compare them to a chosen benchmark (S&P 500 Index).

Cavanal Hill Strategic Enhanced Yield Fund provided a 3.60% dividend yield over the last twelve months, with an annual payout of $0.32 per share.

The table displays the monthly dividend distributions for Cavanal Hill Strategic Enhanced Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Cavanal Hill Strategic Enhanced Yield Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Cavanal Hill Strategic Enhanced Yield Fund was 16.63%, occurring on Oct 19, 2023. Recovery took 495 trading sessions.

The current Cavanal Hill Strategic Enhanced Yield Fund drawdown is 2.08%.

The chart below shows the rolling one-month volatility.