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Cavanal Hill Limited Duration Fund (APSTX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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9.08-0.01 (-0.11%)
At close: 08:01PM EDT

Cavanal Hill Limited Duration Fund

Columbus, OH 43219

3435 Stelzer Road

Cavanal Hill Funds

Management information
Michael P. Maurer,Lead manager since 30 December 2003
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.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryShort-Term Bond
Fund familyCavanal Hill funds
Net assets29.45M
YTD return0.60%
Yield2.88%
Morningstar rating★★
Inception date1 May 2011

Fund operations

Last dividend0.08
Last cap gain-30.00
Holdings turnover21.00%
Average for categoryN/A

Fees and expenses

ExpenseAPSTXCategory average
Annual report expense ratio (net)0.96%0.68%
Prospectus net expense ratio0.96%N/A
Prospectus gross expense ratio1.06%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A2.59%
Max deferred sales loadN/A1.12%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A