PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Cavanal Hill Ultra Short Tax-Free Income Fund (APU...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS14956P1259
IssuerCavanal Hill funds
Inception DateDec 25, 2017
CategoryMunicipal Bonds
Min. Investment$100
Asset ClassBond

Expense Ratio

APUSX has a high expense ratio of 0.60%, indicating higher-than-average management fees.


Expense ratio chart for APUSX: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

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.


Cavanal Hill Ultra Short Tax-Free Income Fund

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Cavanal Hill Ultra Short Tax-Free 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.


0.00%20.00%40.00%60.00%80.00%100.00%December2024FebruaryMarchAprilMay
4.26%
97.69%
APUSX (Cavanal Hill Ultra Short Tax-Free Income Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Cavanal Hill Ultra Short Tax-Free Income Fund had a return of 0.98% year-to-date (YTD) and 3.25% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date0.98%11.18%
1 month0.28%5.60%
6 months1.62%17.48%
1 year3.25%26.33%
5 years (annualized)0.77%13.16%
10 years (annualized)N/A10.99%

Monthly Returns

The table below presents the monthly returns of APUSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.25%0.25%0.18%0.28%0.98%
20230.40%-0.10%0.43%0.02%0.24%0.24%0.36%0.19%0.22%0.24%0.44%0.30%3.01%
2022-0.30%-0.10%-0.40%-0.20%0.31%0.11%0.11%-0.27%-0.26%0.17%0.58%0.10%-0.19%
20210.00%0.00%-0.10%0.00%0.00%0.00%0.00%-0.10%-0.10%0.00%0.00%-0.10%-0.40%
20200.06%0.06%0.12%0.06%0.13%0.02%-0.09%0.00%0.00%-0.10%-0.00%0.00%0.25%
20190.11%0.10%0.11%0.11%0.10%0.00%0.11%0.01%-0.09%0.11%0.01%0.01%0.67%
2018-0.10%0.00%0.00%-0.10%0.10%0.00%0.00%-0.10%0.00%0.00%0.00%0.10%-0.10%
20170.00%0.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of APUSX is 99, placing it in the top 1% 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.


The Risk-Adjusted Performance Rank of APUSX is 9999
APUSX (Cavanal Hill Ultra Short Tax-Free Income Fund)
The Sharpe Ratio Rank of APUSX is 9898Sharpe Ratio Rank
The Sortino Ratio Rank of APUSX is 100100Sortino Ratio Rank
The Omega Ratio Rank of APUSX is 100100Omega Ratio Rank
The Calmar Ratio Rank of APUSX is 100100Calmar Ratio Rank
The Martin Ratio Rank of APUSX is 100100Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Cavanal Hill Ultra Short Tax-Free Income Fund (APUSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


APUSX
Sharpe ratio
The chart of Sharpe ratio for APUSX, currently valued at 3.71, compared to the broader market-1.000.001.002.003.004.003.71
Sortino ratio
The chart of Sortino ratio for APUSX, currently valued at 21.85, compared to the broader market-2.000.002.004.006.008.0010.0012.0021.85
Omega ratio
The chart of Omega ratio for APUSX, currently valued at 16.45, compared to the broader market0.501.001.502.002.503.003.5016.45
Calmar ratio
The chart of Calmar ratio for APUSX, currently valued at 31.09, compared to the broader market0.002.004.006.008.0010.0012.0031.09
Martin ratio
The chart of Martin ratio for APUSX, currently valued at 177.35, compared to the broader market0.0020.0040.0060.0080.00177.35
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.38, compared to the broader market-1.000.001.002.003.004.002.38
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.37, compared to the broader market-2.000.002.004.006.008.0010.0012.003.37
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.42, compared to the broader market0.501.001.502.002.503.003.501.42
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.94, compared to the broader market0.002.004.006.008.0010.0012.001.94
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 9.12, compared to the broader market0.0020.0040.0060.0080.009.12

Sharpe Ratio

The current Cavanal Hill Ultra Short Tax-Free Income Fund Sharpe ratio is 3.71. This value is calculated based on the past 12 months of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Cavanal Hill Ultra Short Tax-Free Income Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00December2024FebruaryMarchAprilMay
3.71
2.38
APUSX (Cavanal Hill Ultra Short Tax-Free Income Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Cavanal Hill Ultra Short Tax-Free Income Fund granted a 2.70% dividend yield in the last twelve months. The annual payout for that period amounted to $0.27 per share.


PeriodTTM20232022202120202019
Dividend$0.27$0.21$0.03$0.00$0.03$0.06

Dividend yield

2.70%2.06%0.32%0.00%0.35%0.57%

Monthly Dividends

The table displays the monthly dividend distributions for Cavanal Hill Ultra Short Tax-Free Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.03$0.03$0.00$0.11
2023$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.03$0.21
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01$0.01$0.03
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.01$0.01$0.01$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.03
2019$0.01$0.01$0.01$0.01$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.06

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%December2024FebruaryMarchAprilMay0
-0.09%
APUSX (Cavanal Hill Ultra Short Tax-Free Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Cavanal Hill Ultra Short Tax-Free 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 Ultra Short Tax-Free Income Fund was 1.64%, occurring on Sep 26, 2022. Recovery took 132 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-1.64%Jul 23, 2020549Sep 26, 2022132Apr 5, 2023681
-0.6%Mar 12, 20207Mar 20, 20207Mar 31, 202014
-0.2%Apr 17, 20233Apr 19, 202312May 5, 202315
-0.2%Jan 18, 201865Apr 20, 2018194Jan 29, 2019259
-0.1%May 10, 20237May 18, 20238May 31, 202315

Volatility

Volatility Chart

The current Cavanal Hill Ultra Short Tax-Free Income Fund volatility is 0.28%, 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.


0.00%1.00%2.00%3.00%4.00%December2024FebruaryMarchAprilMay
0.28%
3.36%
APUSX (Cavanal Hill Ultra Short Tax-Free Income Fund)
Benchmark (^GSPC)