About APENX
Cavanal Hill Strategic Enhanced Yield Fund Investor is an open-ended mutual fund in the multi-sector fixed income category. Its primary objective is to deliver current income, with a secondary focus on total return. The fund employs an opportunistic strategy, allocating assets across a broad range of fixed income sectors while placing a cap—no more than 65%—on any single sector to maintain diversification. It typically manages a portfolio of investment-grade bonds, government securities, corporate debt, and securitized instruments, though it also has flexibility to invest in high-yield, bank loans, emerging market debt, and other non-core segments. The fund’s portfolio maturity is generally maintained within a range of one to ten years, offering balance between yield opportunities and interest rate risk. Designed for investors seeking regular income, the fund pays dividends monthly. The fund’s diversified approach and ability to adjust across fixed income sectors position it as a core-plus bond holding, aiming for enhanced yield compared to traditional core bond funds while managing risk through broad sector exposure.
Fund Family Cavanal Hill funds
Category Intermediate Core-Plus Bond
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol APENX
Share Class Investor
Index Bloomberg U.S. Aggregate Bond TR
APENX had a total return of 3.24% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.97%.
