Cavanal Hill Strategic Enhanced Yield Fund (APENX)
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.
Fund Info
US14956P1580
Dec 25, 2017
$100
Expense Ratio
APENX has a high expense ratio of 1.01%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
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.
Returns By Period
Cavanal Hill Strategic Enhanced Yield Fund had a return of 2.42% year-to-date (YTD) and 2.95% in the last 12 months.
APENX
2.42%
-1.92%
1.10%
2.95%
-0.45%
N/A
^GSPC (Benchmark)
25.18%
-0.47%
9.35%
24.83%
13.03%
11.14%
Monthly Returns
The table below presents the monthly returns of APENX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.07% | -0.85% | 1.36% | -1.67% | 1.34% | 1.07% | 1.99% | 1.84% | 1.12% | -2.30% | 0.68% | 2.42% | |
| 2023 | 2.75% | -2.60% | 2.31% | 0.34% | -0.68% | -0.23% | -0.07% | -0.63% | -1.92% | -1.24% | 4.19% | 3.58% | 5.69% |
| 2022 | -1.94% | -1.47% | -1.49% | -3.14% | -0.38% | -1.85% | 1.62% | -1.39% | -2.83% | -1.02% | -0.26% | 0.34% | -13.06% |
| 2021 | -0.54% | -0.92% | -0.93% | 0.45% | 0.56% | 0.74% | 0.66% | 0.27% | -0.39% | -0.10% | 0.28% | -0.08% | -0.01% |
| 2020 | 1.93% | 1.50% | -0.14% | 1.34% | 0.13% | 0.49% | 1.32% | -0.90% | 0.02% | -0.82% | 0.75% | -1.65% | 3.98% |
| 2019 | 0.59% | -0.26% | 1.64% | 0.04% | 1.82% | 0.92% | 0.14% | 3.01% | -0.83% | 0.10% | 0.09% | -1.99% | 5.29% |
| 2018 | -0.30% | -0.30% | 1.31% | -0.20% | 0.78% | 0.26% | -0.04% | 0.55% | -0.35% | -0.65% | 0.45% | 1.34% | 2.87% |
| 2017 | 0.00% | 0.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of APENX is 36, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Cavanal Hill Strategic Enhanced Yield Fund (APENX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Cavanal Hill Strategic Enhanced Yield Fund provided a 3.91% dividend yield over the last twelve months, with an annual payout of $0.34 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.34 | $0.39 | $0.31 | $0.21 | $0.16 | $0.27 | $0.20 |
Dividend yield | 3.91% | 4.41% | 3.51% | 1.99% | 1.53% | 2.61% | 2.02% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.34 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.39 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2019 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.20 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 17.91%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current Cavanal Hill Strategic Enhanced Yield Fund drawdown is 8.43%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.91% | Aug 5, 2020 | 808 | Oct 19, 2023 | — | — | — |
| -4.14% | Mar 10, 2020 | 8 | Mar 19, 2020 | 77 | Jul 9, 2020 | 85 |
| -2.99% | Sep 5, 2019 | 77 | Dec 23, 2019 | 45 | Feb 28, 2020 | 122 |
| -1.4% | Jan 2, 2018 | 35 | Feb 21, 2018 | 18 | Mar 19, 2018 | 53 |
| -1.14% | Sep 4, 2018 | 35 | Oct 22, 2018 | 32 | Dec 7, 2018 | 67 |
Volatility
Volatility Chart
The current Cavanal Hill Strategic Enhanced Yield Fund volatility is 1.20%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.