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AIWEX Cavanal Hill World Energy Institutional

  • Fund
  • AIWEX
  • Price as of: Sep 18, 2018
  • $9.46
  • + $0.11
  • + 1.18%
  • Category
  • Energy Equities

AIWEX - Profile

Vitals

  • YTD Return 0.7%
  • 3 Yr Annualized Return 4.6%
  • 5 Yr Annualized Return N/A
  • Net Assets $58.1 M
  • Holdings in Top 10 36.2%

52 WEEK LOW AND HIGH

$9.46
$8.42
$10.15

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.24%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 103.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

N/A

Investment Themes

CATEGORY

Energy Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Equity Energy

Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 4.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.24%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Cavanal Hill World Energy Fund
  • Fund Family Name Cavanal Hill funds
  • Inception Date Feb 04, 2014
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Thomas W. Verdel

Fund Description

The fund invests at least 80% of its net assets in a wide range of energy-related financial instruments issued in the U.S. and markets around the world. Investments typically include a combination of common stock, bonds, exchange traded funds ("ETFs") and exchange traded notes ("ETNs") but may also include other asset types that are related to energy industry activities. It will invest at least 40%, but may invest up to 100%, of its net assets in the securities of issuers organized or having their principal place of business outside the U.S. or doing a substantial amount of business outside the U.S.

AIWEX - Performance

Return Ranking - Trailing

Period AIWEX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.7% -37.0% 24.9% 53.49% 3
1 Yr 18.7% -17.9% 30.1% 52.33% 3
3 Yr 4.6% * -22.6% 15.4% 27.91% 2
5 Yr N/A * -18.5% 11.2% N/A N/A
10 Yr N/A * -12.6% 6.9% N/A N/A

* Annualized


Return Ranking - Calendar

Period AIWEX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 -2.3% -39.4% 51.1% 34.88% 2
2016 22.3% -35.6% 47.5% 61.63% 4
2015 -17.4% -61.4% 0.0% 16.28% 1
2014 N/A -45.9% 34.0% N/A N/A
2013 N/A -3.0% 93.7% N/A N/A

Total Return Ranking - Trailing

Period AIWEX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.7% -24.0% 24.9% 54.12% 3
1 Yr 18.7% -19.2% 30.1% 43.53% 3
3 Yr 4.6% * -23.5% 15.4% 24.71% 2
5 Yr N/A * -18.9% 11.2% N/A N/A
10 Yr N/A * -12.6% 6.9% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period AIWEX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 -2.3% -39.4% 51.1% 32.94% 2
2016 23.7% -35.6% 47.9% 58.82% 3
2015 -16.8% -60.1% -2.7% 14.12% 1
2014 N/A -43.7% 34.2% N/A N/A
2013 N/A -0.4% 93.7% N/A N/A

NAV & Total Return History

AIWEX - Holdings

Filings data as of: May 31, 2018

Concentration Analysis

AIWEX Category Low Category High AIWEX % Rank Quintile
Net Assets 58.1 M 5.41 M 9.35 B 27.91% 4
Number of Holdings 84 26 178 8.14% 1
Net Assets in Top 10 21.3 M 3.06 M 4.16 B 29.07% 4
Weighting of Top 10 36.2% 9.8% 66.3% 34.88% 5

Top 10 Holdings

  1. Phillips 66 3.18%
  2. Exxon Mobil Corp 3.33%
  3. Continental Resources Inc 3.20%
  4. Schlumberger Ltd 3.91%
  5. Anadarko Petroleum Corp 4.38%
  6. Marathon Oil Corp 4.00%
  7. Total SA ADR 3.86%
  8. TechnipFMC PLC 3.54%
  9. Encana Corp 3.45%
  10. Unit Corp 3.34%

Asset Allocation

Weighting Category Low Category High AIWEX % Rank Quintile
Stocks
94.61% 89.14% 100.63% 33.72% 5
Bonds
3.83% 0.00% 6.51% 2.33% 1
Cash
1.56% -0.64% 5.70% 9.30% 2
Preferred Stocks
0.00% 0.00% 3.67% 3.49% 5
Other
0.00% -3.29% 0.82% 5.81% 5
Convertible Bonds
0.00% 0.00% 0.50% 2.33% 5

Stock Sector Breakdown

Weighting Category Low Category High AIWEX % Rank Quintile
Energy
81.18% 0.00% 99.65% 29.07% 4
Industrials
4.11% 0.00% 53.82% 10.47% 2
Consumer Cyclical
3.89% 0.00% 8.05% 6.98% 1
Basic Materials
2.92% 0.00% 47.11% 15.12% 2
Utilities
2.51% 0.00% 23.10% 10.47% 1
Technology
0.00% 0.00% 50.93% 17.44% 5
Real Estate
0.00% 0.00% 1.07% 4.65% 5
Healthcare
0.00% 0.00% 9.36% 5.81% 5
Financial Services
0.00% 0.00% 0.40% 2.33% 5
Communication Services
0.00% 0.00% 0.00% 1.16% 5
Consumer Defense
0.00% 0.00% 11.34% 6.98% 5

Stock Geographic Breakdown

Weighting Category Low Category High AIWEX % Rank Quintile
US
67.61% 27.96% 100.00% 24.42% 3
Non US
27.00% 0.00% 70.64% 18.60% 3

Bond Sector Breakdown

Weighting Category Low Category High AIWEX % Rank Quintile
Corporate
3.83% 0.00% 10.18% 2.38% 1
Cash & Equivalents
1.56% -0.03% 5.70% 10.71% 2
Derivative
0.00% -0.01% 0.13% 2.38% 5
Securitized
0.00% 0.00% 0.00% 1.19% 5
Municipal
0.00% 0.00% 0.00% 1.19% 5
Government
0.00% 0.00% 0.05% 2.38% 5

Bond Geographic Breakdown

Weighting Category Low Category High AIWEX % Rank Quintile
US
2.15% 0.00% 6.51% 3.49% 1
Non US
1.68% 0.00% 1.68% 1.16% 1

AIWEX - Expenses

Operational Fees

AIWEX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.24% 0.10% 7.28% 65.12% 1
Management Fee 0.60% 0.08% 1.53% 12.79% 2
12b-1 Fee 0.25% 0.00% 1.00% 6.45% 3
Administrative Fee 0.08% 0.00% 0.45% 8.16% 4

Sales Fees

AIWEX Fees (% of AUM) Category Low Category High AIWEX Rank Quintile
Front Load N/A 2.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

AIWEX Fees (% of AUM) Category Low Category High AIWEX Rank Quintile
Max Redemption Fee N/A 0.75% 2.00% N/A N/A

Turnover 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.

AIWEX Fees (% of AUM) Category Low Category High AIWEX Rank Quintile
Turnover 103.00% 0.00% 1830.00% 8.14% 4

AIWEX - Distributions

Dividend Yield Analysis

AIWEX Category Low Category High AIWEX % Rank Quintile
Dividend Yield 0.1% 0.00% 2.21% 55.10% 4

Dividend Distribution Analysis

AIWEX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

AIWEX Category Low Category High AIWEX % Rank Quintile
Net Income Ratio 1.24% -2.37% 3.04% 29.07% 2

Capital Gain Distribution Analysis

AIWEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

AIWEX - Managers

Thomas W. Verdel

Manager

Start Date

Feb 04, 2014

Tenure

4.57

Tenure Rank

12.8%

Thomas Wesley Verdel manages the investment team that conducts the quantitative equity research or Cavanal Hill Investment Management.  He provides quantitative analysis and investment management for the Cavanal Hill World Energy Fund.  Mr. Verdel received a Bachelor of Science Degree in Electrical Engineering and a Bachelor of Science Degree in Mathematics, both conferred Magna Cum Laude, from Oklahoma State University.  In 2003, he earned a Master of Science Degree in Electrical Engineering from Yale University.  In 2005, he acquired a Master of Science Degree in Finance from the University of Tulsa.  Mr. Verdel is a CFA charterholder.


Matt C. Stephani

Manager

Start Date

Feb 04, 2014

Tenure

4.57

Tenure Rank

12.8%

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


Michael P. Maurer

Manager

Start Date

Feb 04, 2014

Tenure

4.57

Tenure Rank

12.8%

Michael Maurer joined Cavanal Hill in 2002 as a Portfolio Manager and member of the Fixed Income Management team. Mr. Maurer is responsible for the execution of the taxable fixed income process and contributes to Cavanal Hill's macroeconomic analysis. In 2005, Lipper presented Mr. Maurer with a Performance Achievement Certificate for his #1 ranked mutual fund performance in the short-intermediate investment grade peer group. Prior to joining Cavanal Hill, Mr. Maurer worked as a senior high-grade and high-yield corporate bond trader with AG Edwards & Sons for nine years. While at AG Edwards, Mr. Maurer was promoted to Fixed Income Strategist and presented insightful analysis on the fixed income markets. Mr. Maurer received his Chartered Financial Analyst designation in 2004 and a Bachelor of Science in Finance and Management in 1993 and a Masters in Business Administration in 1997 from Saint Louis University.


Tenure Analysis

Category Low

0.0

Category High

20.4

Category Average

5.15

Category Mode

3.7