Morningstar

Cavanal Hill Ultra Short Tax-Free Income Fund Investor APUSX

Morningstar Medalist Rating
Medalist Rating as of | See Cavanal Hill Investment Hub
  • NAV / 1-Day Return 9.97  /  −0.01 %
  • Total Assets 2.1M
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100
  • Status Closed
  • TTM Yield 2.39%
  • Effective Duration —

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis APUSX

Will APUSX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable APUSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the APUSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of APUSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Cavanal Hill Ultr Shrt Tax-Free Inc Inv holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings APUSX

More APUSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PLAIN CITY OHIO 5.375%

5.55 502,300
Cash and Equivalents

DULUTH MINN INDPT SCH DIST NO 709 4%

5.54 500,939
municipal

BELMONT CNTY OHIO 4.5%

5.53 500,731
Cash and Equivalents

RICHMOND HEIGHTS OHIO 4.5%

5.53 500,506
Cash and Equivalents

DECATUR ILL PK DIST 5%

5.01 453,632
municipal

COLUMBIANA OHIO EXMP VLG SCH DIST CTFS PARTN 5%

4.51 408,386
municipal

MARYSVILLE OHIO 5.375%

4.46 403,847
Cash and Equivalents

CANYONS SCH DIST UTAH 5%

4.13 373,872
municipal

TWIN LAKES IND SCH BLDG CORP 5%

3.98 360,247
Cash and Equivalents

COOK CNTY ILL SCH DIST NO 153 HOMEWOOD 5%

3.90 353,079
municipal

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