Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Cavanal Hill Ultr Shrt Tax-Free Inc Inv APUSX
- NAV / 1-Day Return 9.98 / +0.03 %
- Total Assets 11.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.600%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 100
- Status Open
- TTM Yield 2.70%
- Effective Duration —
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:08 PM GMT+0
Morningstar’s Analysis APUSX
Will APUSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 33.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
WYANDOTTE CNTY/KANS CITY KANS UNI GOVT 4.25% | 6.50 | 750,006 | Cash and Equivalents |
FRANKLIN CNTY OHIO HOSP REV 3.63% | 5.20 | 600,000 | municipal |
PHILADELPHIA PA 3.63% | 5.20 | 600,000 | municipal |
AUSTIN TEX HOTEL OCCUPANCY TAX REV 3.77% | 5.02 | 580,000 | municipal |
COLORADO SPRINGS COLO UTILS REV 3.63% | 4.33 | 500,000 | municipal |
RHODE ISLAND ST HEALTH & EDL BLDG CORP 3.75% | 4.33 | 500,000 | municipal |
NEWARK OHIO 4.625% | 3.99 | 461,025 | municipal |
FORT BEND CNTY TEX MUN UTIL DIST NO 182 5% | 3.96 | 456,660 | municipal |
OAKWOOD VLG OHIO 5.25% | 3.95 | 456,058 | Cash and Equivalents |
MONTGOMERY CNTY TENN PUB BLDG AUTH POOLED FING REV 3.79% | 3.90 | 450,000 | municipal |