Opportunistic Fund
Name
As of 08/15/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.7%
1 yr return
-2.3%
3 Yr Avg Return
-5.5%
5 Yr Avg Return
1.4%
Net Assets
$10.3 M
Holdings in Top 10
34.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.62%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 08/15/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AACOX - Profile
Distributions
- YTD Total Return -1.7%
- 3 Yr Annualized Total Return -5.5%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.20%
- Dividend Yield 2.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameOpportunistic Fund
-
Fund Family NameCavanal Hill funds
-
Inception DateSep 01, 2011
-
Shares Outstanding22070
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMatt Stephani
Fund Description
To pursue its objective, under normal circumstances, the Fund may trade frequently and may invest in a wide range of financial instruments, market sectors and asset classes in the U.S. and foreign markets. Investments may include any asset for which there is a liquid market. The Fund opportunistically selects investments where it believes value is not fully recognized by the market. Purchase and sale decisions are based on the Adviser’s judgment about issuers, risk, prices of securities, market conditions, potential returns, and other economic factors.
The Fund may invest in long and short positions in equity securities of issuers of any market capitalization. The Fund may invest in sponsored and unsponsored ADR and GDR. It may hold all or a portion of its assets in U.S. Treasury Obligations, cash or short-term fixed income or money market securities. The Fund may also invest in pooled investment vehicles, including other registered investment companies, exchange traded funds (“ETFs”) and exchange traded notes (“ETNs”).
The Fund may invest in fixed income securities of any credit quality and maturity, including fixed income securities that are not rated or rated below investment grade by a nationally recognized statistical rating organization (“junk bonds” or high yield securities).
AACOX - Performance
Return Ranking - Trailing
Period | AACOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.7% | -2.9% | 29.0% | 99.34% |
1 Yr | -2.3% | -4.6% | 23.8% | 99.02% |
3 Yr | -5.5%* | -8.7% | 11.4% | 99.65% |
5 Yr | 1.4%* | 1.2% | 12.1% | 99.63% |
10 Yr | N/A* | -0.2% | 10.8% | 98.92% |
* Annualized
Return Ranking - Calendar
Period | AACOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -22.2% | -37.4% | -8.2% | 70.81% |
2022 | 5.8% | -9.8% | 25.4% | 61.77% |
2021 | 19.4% | -21.0% | 25.4% | 1.81% |
2020 | 10.9% | -8.3% | 27.9% | 74.25% |
2019 | -21.1% | -27.2% | -3.9% | 94.19% |
Total Return Ranking - Trailing
Period | AACOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.7% | -2.9% | 29.0% | 99.34% |
1 Yr | -2.3% | -4.6% | 23.8% | 99.02% |
3 Yr | -5.5%* | -8.7% | 11.4% | 99.65% |
5 Yr | 1.4%* | 1.2% | 12.1% | 99.63% |
10 Yr | N/A* | -0.2% | 10.8% | 98.94% |
* Annualized
Total Return Ranking - Calendar
Period | AACOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -22.1% | -36.0% | -0.9% | 98.32% |
2022 | 8.7% | -7.8% | 33.9% | 97.61% |
2021 | 19.5% | -16.2% | 25.4% | 5.78% |
2020 | 11.4% | 7.3% | 34.8% | 98.51% |
2019 | -14.6% | -18.8% | 0.2% | 98.84% |
NAV & Total Return History
AACOX - Holdings
Concentration Analysis
AACOX | Category Low | Category High | AACOX % Rank | |
---|---|---|---|---|
Net Assets | 10.3 M | 1.11 M | 113 B | 99.02% |
Number of Holdings | 321 | 4 | 2432 | 19.22% |
Net Assets in Top 10 | 6.64 M | 1.06 M | 28.9 B | 97.72% |
Weighting of Top 10 | 34.05% | 19.2% | 100.1% | 76.87% |
Top 10 Holdings
- U S TREASURY NOTE 12.35%
- CAVANAL HILL GOVERNMENT SECURITIES MONEY MARKET 3.92%
- EMERSON ELECTRIC CO 2.69%
- VERTEX PHARMACEUTICALS INC 2.39%
- BP PLC SPONSORED ADR 2.29%
- ZOETIS INC 2.22%
- BAKER HUGHES CO 2.15%
- WALMART INC 2.08%
- DELEK US HOLDINGS INC 1.98%
- HESS CORP 1.98%
Asset Allocation
Weighting | Return Low | Return High | AACOX % Rank | |
---|---|---|---|---|
Stocks | 62.50% | 0.00% | 100.10% | 85.99% |
Bonds | 30.22% | 0.00% | 106.18% | 7.82% |
Cash | 4.55% | -7.71% | 90.28% | 26.06% |
Preferred Stocks | 0.00% | 0.00% | 19.58% | 99.67% |
Other | 0.00% | -0.15% | 31.22% | 91.53% |
Convertible Bonds | 0.00% | 0.00% | 26.48% | 100.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AACOX % Rank | |
---|---|---|---|---|
Technology | 31.97% | 3.31% | 52.93% | 2.95% |
Healthcare | 16.17% | 0.00% | 36.30% | 8.85% |
Financial Services | 9.66% | 0.28% | 52.80% | 94.75% |
Industrials | 8.30% | 1.16% | 32.55% | 83.93% |
Energy | 7.08% | 0.00% | 29.22% | 19.34% |
Communication Services | 6.90% | 0.00% | 26.62% | 53.11% |
Consumer Defense | 6.71% | 0.00% | 14.86% | 50.16% |
Consumer Cyclical | 5.16% | 0.00% | 16.01% | 85.57% |
Real Estate | 3.77% | 0.00% | 33.86% | 54.43% |
Basic Materials | 2.24% | 0.00% | 11.49% | 94.43% |
Utilities | 2.05% | 0.00% | 31.67% | 82.30% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AACOX % Rank | |
---|---|---|---|---|
US | 62.50% | 0.00% | 100.10% | 73.94% |
Non US | 0.00% | 0.00% | 20.19% | 99.67% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AACOX % Rank | |
---|---|---|---|---|
Corporate | 8.96% | 0.00% | 98.43% | 90.49% |
Cash & Equivalents | 3.92% | 0.00% | 89.25% | 29.32% |
Government | 1.59% | 0.00% | 99.71% | 85.57% |
Derivative | 0.00% | -0.15% | 31.22% | 85.02% |
Securitized | 0.00% | 0.00% | 37.97% | 99.67% |
Municipal | 0.00% | 0.00% | 17.02% | 99.67% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AACOX % Rank | |
---|---|---|---|---|
US | 30.22% | 0.00% | 106.18% | 7.82% |
Non US | 0.00% | 0.00% | 2.72% | 99.67% |
AACOX - Expenses
Operational Fees
AACOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.62% | 0.04% | 4.18% | 2.28% |
Management Fee | 0.85% | 0.00% | 1.25% | 93.81% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 100.00% |
Administrative Fee | 0.08% | 0.01% | 0.28% | 70.24% |
Sales Fees
AACOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 100.00% |
Trading Fees
AACOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
AACOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 4.00% | 236.00% | 95.50% |
AACOX - Distributions
Dividend Yield Analysis
AACOX | Category Low | Category High | AACOX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.11% | 0.00% | 9.74% | 100.00% |
Dividend Distribution Analysis
AACOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
AACOX | Category Low | Category High | AACOX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.20% | -1.12% | 6.07% | 96.64% |
Capital Gain Distribution Analysis
AACOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 01, 2021 | $0.020 | OrdinaryDividend |
Apr 01, 2021 | $0.018 | OrdinaryDividend |
Apr 01, 2020 | $0.011 | OrdinaryDividend |
Dec 31, 2019 | $0.020 | OrdinaryDividend |
Oct 01, 2019 | $0.002 | OrdinaryDividend |
Apr 01, 2019 | $0.031 | OrdinaryDividend |
Dec 28, 2018 | $0.000 | OrdinaryDividend |
Oct 01, 2018 | $0.020 | OrdinaryDividend |
AACOX - Fund Manager Analysis
Managers
Matt Stephani
Start Date
Tenure
Tenure Rank
Dec 05, 2012
9.49
9.5%
Mr. Stephani is responsible for conducting research for and overseeing the execution of Cavanal Hill's tax-efficient large and mid-capitalization core equity strategies. Prior to joining Cavanal Hill Investment Management, Inc., Mr. Stephani was a Senior Vice President and a Portfolio Manager at Great Companies, LLC for five years. At Great Companies, Mr. Stephani managed four large capitalization equity strategies and was the lead analyst for the healthcare, software and industrial sectors. Mr. Stephani started his career in 1995 at Deloitte & Touche as a Senior Accountant and subsequently
Brandon Barnes
Start Date
Tenure
Tenure Rank
Apr 15, 2020
2.13
2.1%
Brandon Barnes manages the investment team that conducts fundamental equity research for Cavanal Hill Investment Management. He is responsible for the portfolio management of the Cavanal Hill Dividend Equity, Large Cap Core, Concentrated Equity Income, and New Growth Leaders strategies. In addition, he is a portfolio manager for the Cavanal Hill Opportunistic Fund and the Cavanal Hill Active Core Fund. Brandon earned a Bachelor of Business Administration Degree and a Master of Science Degree in Business Administration from Texas Tech University. Brandon holds the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 38.44 | 7.44 | 2.41 |