Cavanal Hill World Energy Institutional
- AIWEX
- Price as of: Jan 22, 2021
-
$8.16
N/A N/A
- Primary Theme
- Energy Sector Equity
- Fund Company
- Cavanal Hill funds
- Share Class
AIWEX - Snapshot
Vitals
- YTD Return 12.6%
- 3 Yr Annualized Return -6.4%
- 5 Yr Annualized Return 0.0%
- Net Assets $16.6 M
- Holdings in Top 10 35.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.89%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 191.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA N/A
Fund Classification
-
Primary Theme
Energy Sector Equity
- Fund Type Open End Mutual Fund
- Investment Style Equity Energy
AIWEX - Profile
Distributions
- YTD Total Return 12.6%
- 3 Yr Annualized Total Return -6.4%
- 5 Yr Annualized Total Return 0.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.82%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameCavanal Hill World Energy Fund
-
Fund Family NameCavanal Hill funds
-
Inception DateFeb 04, 2014
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerThomas 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 (%) |
|---|---|---|---|---|
| YTD | 12.6% | 5.0% | 33.6% | 23.60% |
| 1 Yr | 0.2% | -67.9% | 140.1% | 4.94% |
| 3 Yr | -6.4%* | -50.1% | -0.4% | 3.85% |
| 5 Yr | 0.0%* | -32.6% | 7.3% | 4.11% |
| 10 Yr | N/A* | -23.8% | -2.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | AIWEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -2.0% | -47.8% | 1062.3% | 25.93% |
| 2019 | 5.6% | -31.6% | 664.4% | 45.68% |
| 2018 | -25.3% | -59.6% | -12.6% | 40.00% |
| 2017 | -2.3% | -26.7% | 47.3% | 22.97% |
| 2016 | 22.3% | 5.3% | 486.8% | 80.88% |
Total Return Ranking - Trailing
| Period | AIWEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.6% | 5.0% | 33.6% | 23.60% |
| 1 Yr | 0.2% | -67.9% | 140.1% | 4.94% |
| 3 Yr | -6.4%* | -50.1% | -0.4% | 3.85% |
| 5 Yr | 0.0%* | -32.6% | 7.3% | 4.11% |
| 10 Yr | N/A* | -23.8% | -2.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | AIWEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -2.0% | -47.8% | 834.3% | 20.99% |
| 2019 | 5.6% | -31.6% | 664.4% | 45.68% |
| 2018 | -24.3% | -59.6% | -12.6% | 33.33% |
| 2017 | -1.6% | -26.7% | 47.3% | 24.32% |
| 2016 | 23.9% | 5.3% | 420.6% | 73.53% |
NAV & Total Return History
AIWEX - Holdings
Concentration Analysis
| AIWEX | Category Low | Category High | AIWEX % Rank | |
|---|---|---|---|---|
| Net Assets | 16.6 M | 905 K | 13.6 B | 77.53% |
| Number of Holdings | 77 | 19 | 188 | 10.11% |
| Net Assets in Top 10 | 4.75 M | 341 K | 10.7 B | 83.15% |
| Weighting of Top 10 | 35.14% | 34.0% | 77.5% | 98.88% |
Top 10 Holdings
- Marathon Petroleum Corp 5.17%
- Valero Energy Corp 4.45%
- ConocoPhillips 4.20%
- Phillips 66 4.09%
- Enbridge Inc 3.73%
- Total SE ADR 3.56%
- ONEOK Inc 3.51%
- Aptiv PLC 3.51%
- EOG Resources Inc 3.50%
- Pioneer Natural Resources Co 3.46%
Asset Allocation
| Weighting | Return Low | Return High | AIWEX % Rank | |
|---|---|---|---|---|
| Stocks | 88.08% | 70.00% | 100.37% | 97.75% |
| Bonds | 9.47% | 0.00% | 9.47% | 4.49% |
| Cash | 2.45% | -0.36% | 30.01% | 14.61% |
| Preferred Stocks | 0.00% | 0.00% | 0.26% | 98.88% |
| Other | 0.00% | -0.69% | 0.10% | 89.89% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 98.88% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AIWEX % Rank | |
|---|---|---|---|---|
| Energy | 61.81% | 0.00% | 100.00% | 86.52% |
| Technology | 13.14% | 0.00% | 38.51% | 19.10% |
| Industrials | 11.04% | 0.00% | 24.01% | 8.99% |
| Consumer Cyclical | 6.04% | 0.00% | 10.71% | 7.87% |
| Utilities | 4.86% | 0.00% | 90.56% | 25.84% |
| Basic Materials | 3.11% | 0.00% | 30.69% | 13.48% |
| Real Estate | 0.00% | 0.00% | 23.49% | 98.88% |
| Healthcare | 0.00% | 0.00% | 0.00% | 98.88% |
| Financial Services | 0.00% | 0.00% | 4.59% | 98.88% |
| Communication Services | 0.00% | 0.00% | 1.31% | 98.88% |
| Consumer Defense | 0.00% | 0.00% | 1.22% | 98.88% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AIWEX % Rank | |
|---|---|---|---|---|
| US | 63.70% | 22.92% | 99.99% | 70.79% |
| Non US | 24.38% | 0.00% | 76.99% | 38.20% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | AIWEX % Rank | |
|---|---|---|---|---|
| Corporate | 66.57% | 0.00% | 96.50% | 6.02% |
| Cash & Equivalents | 20.52% | 3.50% | 100.00% | 98.80% |
| Government | 12.91% | 0.00% | 12.91% | 4.82% |
| Derivative | 0.00% | 0.00% | 0.02% | 98.80% |
| Securitized | 0.00% | 0.00% | 0.00% | 98.80% |
| Municipal | 0.00% | 0.00% | 0.00% | 98.80% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | AIWEX % Rank | |
|---|---|---|---|---|
| Non US | 8.87% | 0.00% | 8.87% | 4.49% |
| US | 0.60% | 0.00% | 7.77% | 5.62% |
AIWEX - Expenses
Operational Fees
| AIWEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.89% | 0.08% | 3.64% | 27.16% |
| Management Fee | 0.60% | 0.00% | 1.25% | 50.56% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 47.06% |
| Administrative Fee | N/A | 0.05% | 0.25% | 64.10% |
Sales Fees
| AIWEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| AIWEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | 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.
| AIWEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 191.00% | 7.00% | 428.00% | 92.21% |
AIWEX - Distributions
Dividend Yield Analysis
| AIWEX | Category Low | Category High | AIWEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.83% | 98.88% |
Dividend Distribution Analysis
| AIWEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| AIWEX | Category Low | Category High | AIWEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.82% | -1.58% | 6.38% | 58.02% |
Capital Gain Distribution Analysis
| AIWEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Apr 01, 2019 | $0.039 |
| Dec 28, 2018 | $0.037 |
| Oct 01, 2018 | $0.023 |
| Jul 02, 2018 | $0.025 |
| Apr 02, 2018 | $0.031 |
| Dec 29, 2017 | $0.012 |
| Jul 03, 2017 | $0.025 |
| Apr 03, 2017 | $0.026 |
| Dec 29, 2016 | $0.025 |
| Oct 03, 2016 | $0.022 |
| Jul 01, 2016 | $0.038 |
| Apr 01, 2016 | $0.032 |
| Dec 30, 2015 | $0.031 |
| Oct 01, 2015 | $0.011 |
| Jul 01, 2015 | $0.021 |
| Apr 01, 2015 | $0.016 |
| Oct 01, 2014 | $0.014 |
| Jul 01, 2014 | $0.029 |
| Apr 01, 2014 | $0.016 |
AIWEX - Fund Manager Analysis
Managers
Thomas Verdel
Start Date
Tenure
Tenure Rank
Feb 04, 2014
6.91
6.9%
Thomas Wesley Verdel manages the investment team that conducts the quantitative equity research for Cavanal Hill Investment Management. He is responsible for the portfolio management of the Cavanal Hill Mid Cap Core, Large Cap Core Quantitative, Large Cap Growth, Durable Equity, Focused Large Cap Value, Focused Large Cap Growth, and Small Cap strategies. In addition, he is responsible for the management of the Cavanal Hill Mid Cap Core Equity Fund. Wes 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. He earned a Master of Science Degree in Electrical Engineering from Yale University and a Master of Science Degree in Finance from the University of Tulsa. Wes holds the Chartered Financial Analyst designation.
Matt Stephani
Start Date
Tenure
Tenure Rank
Feb 04, 2014
6.91
6.9%
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 Maurer
Start Date
Tenure
Tenure Rank
Feb 04, 2014
6.91
6.9%
Michael Maurer joined Cavanal Hill in 2002 as a Portfolio Manager and member of the Fixed Income Management team and senior vice president. 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 August 1993 to October 2002.While at AG Edwards, Mr. Maurer was promoted to Fixed Income Strategist and presented insightful analysis on the fixed income markets. He also performed as a market analyst/debt strategist for A.G. Edwards. 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 | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.14 | 22.77 | 5.98 | 0.52 |