Morningstar

Ave Maria Bond Fund AVEFX

Morningstar Medalist Rating
Medalist Rating as of | See Ave Maria Investment Hub
  • NAV / 1-Day Return 12.36  /  −0.24 %
  • Total Assets 809.3M
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.390%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Conservative Allocation
  • Investment Style Mid Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.65%
  • Turnover 13%

USD | NAV as of Jul 20, 2026 | 1-Day Return as of Jul 20, 2026, 10:33 PM GMT+0

Morningstar’s Analysis AVEFX

Will AVEFX outperform in the 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 AVEFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

A Catholic values-based approach to investing.

Senior Analyst Jodi Lim

Jodi Lim

Senior Analyst

Summary

Ave Maria Bond targets capital preservation and current income through a Catholic values-based investment approach. For example, it excludes companies tied to abortion, stem cell research, pornography, or Planned Parenthood. The strategy also maintains a 15%-20% sleeve in dividend-paying equities. This equity allocation is just below the SEC threshold to retain the fund’s bond moniker, but enough to place it in the conservative allocation Morningstar Category.

by Jodi Lim
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Portfolio Holdings AVEFX

More AVEFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Hermes Govt Obl Tx-Mgd IS

2.41 19M
Cash and Equivalents

Texas Instruments Inc

1.82 14M
Technology

Coca-Cola Europacific Partners PLC

1.72 14M
Consumer Defensive

United States Treasury Notes 0.125%

1.50 12M
Government

Exxon Mobil Corp

1.47 12M
Energy

United States Treasury Notes 0.125%

1.45 11M
Government

The Western Union Co

1.39 11M
Financial Services

United States Treasury Notes 0.125%

1.38 11M
Government

Truist Financial Corp

1.37 11M
Financial Services

United States Treasury Notes 1.75%

1.35 11M
Government

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