Cavanal Hill Ultr Shrt Tax-Free Inc A (AAUSX)

Fund Assets	7.07M
Expense Ratio	0.60%
Min. Investment	$0.00
Turnover	173.00%
Dividend (ttm)	0.24
Dividend Yield	2.41%
Dividend Growth	-13.57%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.99
YTD Return	1.12%
1-Year Return	2.22%
5-Year Return	11.17%
52-Week Low	9.99
52-Week High	10.11
Beta (5Y)	0.02
Holdings	30
Inception Date	Dec 26, 2017

About AAUSX

Cavanal Hill Ultra Short Tax-Free Income Fund Class A is a mutual fund focused on fixed income, designed to generate current income exempt from federal income taxes. The fund primarily invests in a diversified portfolio of municipal securities, including fixed-rate bonds and Variable Rate Demand Notes (VRDNs), with a weighted average maturity of one year or less. This structure provides investors with daily or weekly liquidity and aims to preserve capital while targeting tax-free returns. The fund’s management approach emphasizes disciplined portfolio construction, utilizing duration management, yield curve positioning, sector allocation, and security selection. With a short duration and a focus on value, the fund is suited for investors seeking lower volatility and tax-efficient income. The fund’s income may still be subject to certain state and local taxes, as well as the federal alternative minimum tax, depending on the investor’s circumstances.

• Fund Family: Cavanal Hill funds
• Category: Muni National Short
• Performance Rating: Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: AAUSX
• Share Class: Class A
• Index: Bloomberg Municipal Bond 1 Y TR

Performance

AAUSX had a total return of 2.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.78%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FMNHX	Fidelity	Fidelity Advisor Cnsv Inc Muni Bd Z	0.20%
VWSTX	Vanguard	Vanguard Ultra Short-Term Tax-Exempt Fund	0.17%
FMNGX	Fidelity	Fidelity Advisor Cnsv Inc Muni Bd I	0.25%
FMNFX	Fidelity	Fidelity Advisor Cnsv Inc Muni Bd A	0.45%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
AIUSX	Institutional	0.35%
APUSX	Investor	0.60%

Top 10 Holdings

48.16% of assets

Name	Symbol	Weight
PLAIN CITY OHIO 5.375%	OH.PLC 5.38 09.22.2026	5.55%
DULUTH MINN INDPT SCH DIST NO 709 4%	MN.DULSCD 4 09.30.2026	5.54%
BELMONT CNTY OHIO 4.5%	OH.BEL 4.5 08.11.2026	5.53%
RICHMOND HEIGHTS OHIO 4.5%	OH.RMH 4.5 07.30.2026	5.53%
DECATUR ILL PK DIST 5%	IL.DECFAC 5 12.15.2026	5.01%
COLUMBIANA OHIO EXMP VLG SCH DIST CTFS PARTN 5%	OH.CMBEDU 5 12.01.2026	4.51%
MARYSVILLE OHIO 5.375%	OH.MYV 5.38 08.06.2026	4.46%
CANYONS SCH DIST UTAH 5%	UT.CANSCD 5 06.15.2027	4.13%
TWIN LAKES IND SCH BLDG CORP 5%	IN.TWIEDU 5 07.15.2026	3.98%
COOK CNTY ILL SCH DIST NO 153 HOMEWOOD 5%	IL.COOSCD 5 12.15.2026	3.90%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.01992	Jul 31, 2026
Jun 30, 2026	$0.01941	Jul 1, 2026
May 29, 2026	$0.01936	May 29, 2026
Apr 30, 2026	$0.02073	Apr 30, 2026
Mar 31, 2026	$0.02015	Apr 1, 2026
Feb 27, 2026	$0.01688	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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