Cavanal Hill Limited Duration Fund (APSTX)
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.
Fund Info
| ISIN | US14956P3073 |
|---|---|
| Issuer | Cavanal Hill funds |
| Inception Date | Oct 19, 1994 |
| Category | Short-Term Bond |
| Min. Investment | $100 |
| Asset Class | Bond |
Expense Ratio
APSTX features an expense ratio of 0.76%, falling within the medium range.
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 Limited Duration 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 Limited Duration Fund had a return of 2.84% year-to-date (YTD) and 6.63% in the last 12 months. Over the past 10 years, Cavanal Hill Limited Duration Fund had an annualized return of 1.32%, while the S&P 500 had an annualized return of 10.64%, indicating that Cavanal Hill Limited Duration Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.84% | 13.78% |
| 1 month | 0.76% | -0.38% |
| 6 months | 2.95% | 11.47% |
| 1 year | 6.63% | 18.82% |
| 5 years (annualized) | 1.28% | 12.44% |
| 10 years (annualized) | 1.32% | 10.64% |
Monthly Returns
The table below presents the monthly returns of APSTX, 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 | 0.57% | 0.01% | 0.57% | -0.54% | 0.78% | 0.88% | 2.84% | ||||||
| 2023 | 1.37% | -0.56% | 0.92% | 0.34% | -0.10% | -0.44% | 0.36% | 0.36% | -0.20% | -0.08% | 1.39% | 1.93% | 5.40% |
| 2022 | -0.71% | -0.72% | -1.38% | -1.06% | -0.19% | -0.62% | 0.38% | -0.71% | -1.70% | -0.70% | 1.03% | 0.47% | -5.77% |
| 2021 | 0.23% | -0.28% | -0.19% | 0.11% | 0.12% | -0.09% | 0.21% | 0.01% | -0.19% | -0.29% | -0.18% | -0.19% | -0.73% |
| 2020 | 1.11% | 0.99% | -0.57% | 0.63% | 0.32% | 0.63% | 0.35% | -0.08% | 0.13% | -0.28% | 0.43% | 0.12% | 3.83% |
| 2019 | 0.52% | 0.19% | 0.73% | 0.08% | 0.83% | 0.50% | -0.02% | 0.93% | -0.13% | 0.29% | 0.07% | -0.03% | 4.02% |
| 2018 | -0.39% | -0.06% | 0.27% | -0.16% | 0.28% | 0.06% | 0.06% | 0.38% | -0.14% | 0.07% | 0.17% | 0.61% | 1.16% |
| 2017 | 0.09% | 0.11% | 0.09% | 0.32% | 0.43% | 0.12% | 0.22% | 0.43% | -0.30% | 0.02% | -0.08% | -0.39% | 1.05% |
| 2016 | 0.42% | 0.00% | 0.21% | 0.10% | -0.01% | 0.52% | 0.09% | -0.11% | 0.09% | -0.12% | -0.42% | 0.00% | 0.79% |
| 2015 | 0.49% | -0.23% | 0.29% | -0.02% | 0.08% | -0.13% | 0.08% | -0.03% | 0.19% | -0.01% | -0.21% | 0.00% | 0.51% |
| 2014 | 0.50% | 0.18% | -0.14% | 0.28% | 0.28% | -0.04% | -0.03% | 0.38% | -0.14% | 0.27% | 0.17% | -0.13% | 1.59% |
| 2013 | 0.02% | 0.32% | 0.22% | 0.31% | -0.21% | -0.64% | 0.09% | -0.21% | 0.43% | 0.43% | 0.11% | -0.20% | 0.68% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of APSTX is 89, placing it in the top 11% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Cavanal Hill Limited Duration Fund (APSTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Cavanal Hill Limited Duration Fund granted a 2.81% dividend yield in the last twelve months. The annual payout for that period amounted to $0.26 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.26 | $0.26 | $0.18 | $0.14 | $0.15 | $0.22 | $0.19 | $0.13 | $0.12 | $0.10 | $0.08 | $0.13 |
Dividend yield | 2.81% | 2.85% | 2.02% | 1.46% | 1.58% | 2.25% | 2.00% | 1.37% | 1.21% | 1.04% | 0.84% | 1.31% |
Monthly Dividends
The table displays the monthly dividend distributions for Cavanal Hill Limited Duration 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.12 | |||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2020 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2018 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 |
| 2013 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
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 Limited Duration 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 Limited Duration Fund was 19.31%, occurring on Dec 29, 2008. Recovery took 361 trading sessions.
The current Cavanal Hill Limited Duration Fund drawdown is 0.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.31% | Mar 3, 2008 | 209 | Dec 29, 2008 | 361 | Jun 7, 2010 | 570 |
| -8.57% | Feb 2, 2021 | 446 | Nov 7, 2022 | 394 | Jun 4, 2024 | 840 |
| -3.15% | Mar 10, 2020 | 11 | Mar 24, 2020 | 68 | Jun 30, 2020 | 79 |
| -1.55% | Sep 11, 2017 | 113 | Feb 21, 2018 | 212 | Dec 24, 2018 | 325 |
| -1.37% | Dec 6, 2007 | 15 | Dec 27, 2007 | 10 | Jan 11, 2008 | 25 |
Volatility
Volatility Chart
The current Cavanal Hill Limited Duration Fund volatility is 0.53%, 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.