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Morningstar

Cavanal Hill Strategic Enhanced Yld A AAENX

Morningstar Medalist Rating
Medalist Rating as of | See Cavanal Hill Investment Hub
  • NAV / 1-Day Return 8.46  /  −0.22 %
  • Total Assets 5.8 Mil
  • Adj. Expense Ratio
    1.010%
  • Expense Ratio 1.010%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.70%
  • Effective Duration —

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:58 PM GMT+0

Morningstar’s Analysis AAENX

Will AAENX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AAENX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AAENX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AAENX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A drop in People Pillar rating is the primary driver of Cavanal Hill Strategic Enhanced Yld A's downgrade to a Morningstar Medalist Rating of Negative from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings AAENX

More AAENX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 4.5%

5.87 239,915
Securitized

BREAN ASSET BACKED SECURITIES TRUST 1.6%

5.41 221,064
Securitized

Arcos Dorados B.V. 6.125%

4.88 199,242
Corporate

SixSigma Networks Mexico SA de CV 7.5%

4.72 192,728
Corporate

Federal Home Loan Mortgage Corp. 5%

4.64 189,591
Securitized

Federal Home Loan Mortgage Corp. 4%

4.58 186,897
Securitized

Government National Mortgage Association 3.5%

4.57 186,506
Securitized

Mongolia (Government of) 4.45%

4.14 169,126
Government

Banco GNB Sudameris S.A. 0%

3.20 130,575
Corporate

JPMorgan Chase & Co. 6.4%

2.48 101,166
Corporate