NOTICE: 2019 Estimated Capital Gains Available. View PDF here.
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Fixed Income Funds Commentary 3Q 2019

Fixed Income Funds Commentary

3Q 2019
This commentary addresses the Cavanal Hill Bond Fund, Moderate Duration Fund (formerly named the Intermediate Bond Fund), and Limited Duration Fund (formerly named the Short-Term Income Fund)
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World Energy Fund Commentary 3Q 2019

World Energy Fund Commentary

3Q 2019
The Fund’s Institutional share class returned -5.62% during the quarter, compared with 1.70% and -5.54% for the Fund’s benchmarks, the S&P 500 Index1 and the MSCI World Energy Index1, respectively.
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Opportunistic Fund Commentary 3Q 2019

Opportunistic Fund Commentary

3Q 2019
The Fund’s Institutional share class returned -0.92% during the quarter, compared with the average return of 0.66% for the 210 funds in Lipper Absolute Return category.Additionally, the Fund’s benchmarks, the S&P 500 Index1 and the HFRX Equity Hedge Index1, returned 1.70% and 1.79% during the period, respectively.
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Active Core Fund Commentary 3Q 2019

Active Core Fund Commentary

3Q 2019
The Fund’s Institutional shares returned 1.19% in the third quarter. The Fund’s equity benchmark, the Russell 1000® Index1, returned 1.42%, while its fixed-income benchmark, the Bloomberg Barclays U.S. Aggregate Bond Index1, returned 2.27%.
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