Cavanal Hill Hedged Income Fund (APLIX)
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.
Fund Info
| Issuer | Cavanal Hill funds |
|---|---|
| Inception Date | Dec 27, 2020 |
| Category | Options Trading |
| Min. Investment | $100 |
| Asset Class | Alternatives |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
APLIX has a high expense ratio of 1.35%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Cavanal Hill Hedged Income 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 Hedged Income Fund had a return of 4.37% year-to-date (YTD) and 9.06% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.37% | 9.31% |
| 1 month | 1.50% | 0.08% |
| 6 months | 9.91% | 19.94% |
| 1 year | 9.06% | 26.02% |
| 5 years (annualized) | N/A | 12.62% |
| 10 years (annualized) | N/A | 10.66% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.48% | 1.63% | 1.85% | -1.40% | ||||||||
| 2023 | -0.79% | 2.49% | 2.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of APLIX is 56, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
APLIX (Cavanal Hill Hedged Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Cavanal Hill Hedged Income Fund (APLIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Cavanal Hill Hedged Income Fund granted a 1.74% dividend yield in the last twelve months. The annual payout for that period amounted to $0.19 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.19 | $0.22 | $0.21 | $0.16 |
Dividend yield | 1.74% | 2.06% | 2.09% | 1.48% |
Monthly Dividends
The table displays the monthly dividend distributions for Cavanal Hill Hedged Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 |
| 2022 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 |
| 2021 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Cavanal Hill Hedged Income 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 Hedged Income Fund was 11.83%, occurring on Sep 30, 2022. Recovery took 201 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.83% | Aug 17, 2021 | 284 | Sep 30, 2022 | 201 | Jul 21, 2023 | 485 |
| -4.83% | Aug 1, 2023 | 59 | Oct 23, 2023 | 37 | Dec 14, 2023 | 96 |
| -2.85% | Jun 14, 2021 | 5 | Jun 18, 2021 | 40 | Aug 16, 2021 | 45 |
| -2.75% | Jan 13, 2021 | 35 | Mar 4, 2021 | 4 | Mar 10, 2021 | 39 |
| -2.46% | Mar 28, 2024 | 13 | Apr 16, 2024 | 14 | May 6, 2024 | 27 |
Volatility
Volatility Chart
The current Cavanal Hill Hedged Income Fund volatility is 2.21%, 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.