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 Strategic Enhanced Yld Inv APENX
- NAV / 1-Day Return 8.59 / +0.36 %
- Total Assets 5.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.010%
- Distribution Fee Level High
- Share Class Type No Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 100
- Status Open
- TTM Yield 4.69%
- Effective Duration —
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0
Morningstar’s Analysis APENX
Will APENX 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 38.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federal National Mortgage Association 4.5% | 5.02 | 247,686 | Securitized |
BREAN ASSET BACKED SECURITIES TRUST 1.6% | 4.37 | 215,464 | Securitized |
Arcos Dorados B.V. 6.125% | 4.05 | 199,636 | Corporate |
Federal Home Loan Mortgage Corp. 5% | 3.96 | 195,293 | Securitized |
Government National Mortgage Association 3.5% | 3.95 | 194,610 | Securitized |
Federal Home Loan Mortgage Corp. 4% | 3.91 | 193,060 | Securitized |
SixSigma Networks Mexico SA de CV 7.5% | 3.71 | 182,888 | Corporate |
Mongolia (Government of) 4.45% | 3.39 | 167,025 | Government |
United States Treasury Notes 4.125% | 3.06 | 151,055 | Government |
United States Treasury Notes 4% | 3.06 | 151,031 | Government |