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Morningstar

Cavanal Hill Limited Duration A AASTX

Morningstar Medalist Rating
Medalist Rating as of | See Cavanal Hill Investment Hub
  • NAV / 1-Day Return 8.90  /  0.20 %
  • Total Assets 36.1 Mil
  • Adj. Expense Ratio
    0.840%
  • Expense Ratio 0.830%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 2.35%
  • Effective Duration —

USD | NAV as of Jun 02, 2023 | 1-Day Return as of Jun 02, 2023, 11:44 PM GMT+0

Morningstar’s Analysis AASTX

Will AASTX 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 AASTX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the AASTX 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 AASTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Cavanal Hill Limited Duration A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral. 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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AASTX

More AASTX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 194
  • Other Holdings 1
  • % Assets in Top 10 Holdings 31.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.25%

5.68
2,157,708
Government

Novastar Home Equity Loan 7.62%

3.74
1,418,296
Securitized

NEWREZ WAREHOUSE SECURITIZATION TRUST 2021-1 6.245%

3.49
1,323,698
Securitized

Southtrust Bank of Atlanta 7.74%

2.90
1,102,742
Corporate

Goodgreen 2020-1 Trust 2.63%

2.86
1,087,314
Securitized

The Western Union Company 1.35%

2.82
1,072,591
Corporate

Goldman Sachs Group, Inc. 1.3%

2.70
1,025,897
Corporate

Cavanal Hill Government Secs MMkt Sel

2.70
1,024,441
Cash and Equivalents

GEORGIA ST 4.503%

2.59
983,862
municipal

United States Treasury Notes 4.125%

2.53
958,779
Government