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Morningstar

Cavanal Hill Strategic Enhanced Yld Inv APENX

Morningstar Medalist Rating
Medalist Rating as of | See Cavanal Hill Investment Hub
  • NAV / 1-Day Return 8.59  /  +0.36 %
  • Total Assets 5.6 Mil
  • Adj. Expense Ratio
    1.010%
  • 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.

  • Process Pillar

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

  • People Pillar

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

A decline in People Pillar rating is the primary driver of Cavanal Hill Strategic Enhanced Yld Inv'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-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings APENX

More APENX Holdings
  • 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