Cavanal Hill Ultr Shrt Tax-Free Inc A

Snapshot

Compare

Profile

Performance

AAUSX - Snapshot

Vitals

YTD Return 0.0%
3 Yr Annualized Return 0.3%
5 Yr Annualized Return N/A
Net Assets $37.9 M
Holdings in Top 10 36.3%

52 WEEK LOW AND HIGH

$10.00

$9.96

$10.02

Expenses

OPERATING RELATED FEES

Expense Ratio 1.04%

SALES FEES

Front Load 1.00%
Deferred Load N/A

BROKERAGE FEES

Turnover 129.00%

TRADING FEES

Max Redemption Fee N/A

Min Investment

Standard (Taxable) $0
IRA N/A

Fund Classification

Primary Theme
Municipal Bond
Fund Type Open End Mutual Fund
Investment Style Muni National Short

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Intermediate-Term Tax-Exempt Fund

Fund

$14.85

0.00%

$81.84 B

$0.00

-0.07%

Vanguard Limited Term Tax Exempt Fund

Fund

$11.26

0.00%

$33.32 B

$0.00

0.00%

American Funds Tax Exempt Bond Fund®

Fund

$13.63

0.00%

$24.55 B

$0.00

0.07%

Vanguard Short Term Tax Exempt Fund

Fund

$15.95

0.00%

$20.79 B

$0.00

0.00%

iShares National Muni Bond ETF

MUB | ETF

$117.10

+0.04%

$20.43 B

-0.09%

AAUSX - Profile

Distributions

YTD Total Return 0.0%
3 Yr Annualized Total Return 0.0%
5 Yr Annualized Total Return N/A
Capital Gain Distribution Frequency N/A
Net Income Ratio 0.65%

DIVIDENDS

Dividend Yield 0.0%
Dividend Distribution Frequency Monthly

Fund Details

Legal Name

Cavanal Hill Ultra Short Tax-Free Income Fund
Fund Family Name

Cavanal Hill funds
Inception Date

Dec 26, 2017
Shares Outstanding

N/A
Share Class

A
Currency

USD
Domiciled Country

United States
Manager

Richard Williams

Fund Description

The fund invests in a diversified portfolio of municipal bonds and debentures. As a matter of fundamental policy, it invests, under normal circumstances, at least 80% of its net assets in municipal securities, the income from which is both exempt from federal income tax and not subject to federal alternative minimum tax for individuals. The fund invests at least 80% of its net assets in tax-free bonds and maintains a dollar-weighted average maturity between 1 day to 1 year.

AAUSX - Performance

Return Ranking - Trailing

Period	AAUSX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	0.0%	-1.1%	1.0%	34.47%
1 Yr	0.2%	-1.0%	10.1%	99.37%
3 Yr	0.3%*	-0.4%	9.8%	99.82%
5 Yr	N/A*	-0.3%	7.8%	N/A
10 Yr	N/A*	-0.1%	10.2%	N/A

* Annualized

Return Ranking - Calendar

Period	AAUSX Return	Category Return Low	Category Return High	Rank in Category (%)
2020	-0.1%	-2.8%	310.0%	96.34%
2019	0.1%	-0.3%	15.4%	99.17%
2018	0.0%	-10.3%	97.2%	4.20%
2017	N/A	-100.0%	7.6%	N/A
2016	N/A	-7.9%	96.8%	N/A

Total Return Ranking - Trailing

Period	AAUSX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	0.0%	-1.1%	1.0%	34.47%
1 Yr	-0.8%	-5.0%	10.1%	96.57%
3 Yr	0.0%*	-2.4%	9.8%	99.82%
5 Yr	N/A*	-1.4%	7.8%	N/A
10 Yr	N/A*	-0.1%	10.2%	N/A

* Annualized

Total Return Ranking - Calendar

Period	AAUSX Return	Category Return Low	Category Return High	Rank in Category (%)
2020	-0.1%	-2.8%	310.0%	96.34%
2019	0.1%	-0.3%	15.4%	99.17%
2018	0.0%	-10.3%	11.0%	8.15%
2017	N/A	-100.0%	7.6%	N/A
2016	N/A	-7.9%	3.0%	N/A

NAV & Total Return History

AAUSX - Holdings

Concentration Analysis

	AAUSX	Category Low	Category High	AAUSX % Rank
Net Assets	37.9 M	582 K	81.8 B	95.02%
Number of Holdings	58	3	10805	94.35%
Net Assets in Top 10	14.6 M	-199 M	4.13 B	89.09%
Weighting of Top 10	36.29%	2.4%	100.0%	7.04%

Top 10 Holdings

Cavanal Hill Government Secs MMkt Sel 4.58%
LINCOLN CNTY WYO POLLUTN CTL REV 0.03% 3.72%
AUSTIN TEX HOTEL OCCUPANCY TAX REV 0.18% 3.69%
COLORADO SPRINGS COLO UTILS REV 0.14% 3.63%
HOUSTON TEX ARPT SYS REV 0.16% 3.63%
LOUISIANA PUB FACS AUTH REV 0.09% 3.62%
ALASKA ST INTL ARPTS REVS 0.1% 3.61%
CHANNAHON ILL REV 0.09% 3.47%
MINNEAPOLIS MINN REV 0.07% 3.47%
PALM BEACH CNTY FLA REV 0.09% 3.47%

Asset Allocation

	Weighting	Return Low	Return High	AAUSX % Rank
Bonds	81.83%	15.80%	147.66%	98.87%
Cash	18.17%	-47.66%	84.20%	1.07%
Stocks	0.00%	0.00%	1.92%	14.75%
Preferred Stocks	0.00%	-0.96%	1.04%	10.97%
Other	0.00%	-13.14%	12.83%	13.51%
Convertible Bonds	0.00%	0.00%	1.50%	11.42%

Bond Sector Breakdown

	Weighting	Return Low	Return High	AAUSX % Rank
Municipal	81.83%	15.02%	100.00%	98.25%
Cash & Equivalents	18.17%	0.00%	84.20%	1.13%
Derivative	0.00%	0.00%	0.85%	11.14%
Securitized	0.00%	0.00%	6.51%	13.23%
Corporate	0.00%	0.00%	15.75%	26.68%
Government	0.00%	0.00%	84.56%	16.34%

Bond Geographic Breakdown

	Weighting	Return Low	Return High	AAUSX % Rank
US	81.83%	15.80%	141.34%	98.08%
Non US	0.00%	0.00%	28.07%	77.90%

AAUSX - Expenses

Operational Fees

	AAUSX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Expense Ratio	1.04%	0.01%	16.95%	31.07%
Management Fee	0.15%	0.00%	1.10%	3.00%
12b-1 Fee	0.25%	0.00%	1.00%	36.95%
Administrative Fee	N/A	0.01%	0.47%	N/A

Sales Fees

	AAUSX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Front Load	1.00%	0.50%	5.75%	97.23%
Deferred Load	N/A	0.25%	5.50%	N/A

Trading Fees

	AAUSX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Max Redemption Fee	N/A	1.00%	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.

	AAUSX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Turnover	129.00%	0.00%	299.40%	98.74%

AAUSX - Distributions

Dividend Yield Analysis

	AAUSX	Category Low	Category High	AAUSX % Rank
Dividend Yield	0.00%	0.00%	3.00%	16.38%

Dividend Distribution Analysis

	AAUSX	Category Low	Category High	Category Mod
Dividend Distribution Frequency	Monthly	Monthly	Monthly	Monthly

Net Income Ratio Analysis

	AAUSX	Category Low	Category High	AAUSX % Rank
Net Income Ratio	0.65%	-1.65%	6.48%	98.85%

Capital Gain Distribution Analysis

	AAUSX	Category Low	Category High	Capital Mode
Capital Gain Distribution Frequency		Annually	Annually	Annually

Dividend Payout History

Date	Amount
Dec 02, 2019	$0.001
Jul 01, 2019	$0.011
Jun 03, 2019	$0.008

View More +

AAUSX - Fund Manager Analysis

Managers

Richard Williams

Start Date

Tenure

Tenure Rank

Dec 26, 2017

3.02

3.0%

Mr. Williams is a Senior Vice President and has been a tax-free fund manager for Cavanal Hill Investment Management since 2005. Before joining Cavanal Hill Investment Management, Mr. Williams was a senior portfolio manager for AMR Investments from August 2000 to March 2005. He began his career on the money market trading desk at Fidelity Investments in Dallas, Texas and has also worked for Koch Industries and Automatic Data Processing.

Tenure Analysis

Category Low	Category High	Category Average	Category Mode
0.06	35.78	6.93	0.16

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Cavanal Hill Ultr Shrt Tax-Free Inc A

AAUSX - Snapshot

Vitals

52 WEEK LOW AND HIGH

Expenses

OPERATING RELATED FEES

SALES FEES

BROKERAGE FEES

TRADING FEES

Min Investment

Fund Classification

AAUSX - Profile

Distributions

Fund Details

Fund Description

AAUSX - Performance

Return Ranking - Trailing

Return Ranking - Calendar

Total Return Ranking - Trailing

Total Return Ranking - Calendar

NAV & Total Return History

AAUSX - Holdings

Concentration Analysis

Top 10 Holdings

Asset Allocation

Bond Sector Breakdown

Bond Geographic Breakdown

AAUSX - Expenses

Operational Fees

Sales Fees

Trading Fees

Related Fees

AAUSX - Distributions

Dividend Yield Analysis

Dividend Distribution Analysis

Net Income Ratio Analysis

Capital Gain Distribution Analysis

Dividend Payout History

AAUSX - Fund Manager Analysis

Managers

Richard Williams

Tenure Analysis

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