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NOTICE: 2018 Capital Gains Available. View PDF here.

Fund Goal

When designing our Mid Cap Core Equity fund, we realized that stock investors often find the best long-term return potential from companies overlooked by Wall Street analysts. The mid-cap stock universe doesn’t always receive the broad attention its larger and smaller siblings receive. Nevertheless, these overlooked stocks may represent the market’s “sweet spot,” exhibiting attractive characteristics of large and small companies. For example, mid-cap companies typically have successfully emerged from the small-cap universe with many qualities that rival their large-cap counterparts, including experienced management teams, robust market presence, broad sales and distribution networks, and access to capital markets. At the same time, similar to the benefits driving their small-cap brethren, many mid-cap companies still benefit from their founding entrepreneurial spirit, which can speed up decision-making and fuel rapid growth. Furthermore, mid-cap companies are often acquisition targets, eyed by larger companies seeking to grow market share, offer new products, or enter new markets.

 

Cavanal Hill Investment Management has been managing mid-cap stock portfolios for more than 10 years via its Mid Cap Core Quantitative Equity Strategy. Effective December 31, 2016, this strategy became available to mutual fund investors as the Cavanal Hill Mid Cap Core Equity Fund.

Process

Our Equity funds focus on growing companies that can strengthen your portfolio—and your equity. We believe that we build fundamentally based equity funds focused on stability and risk-mitigation in evolving market environments—funds that seek to deliver long-term results for you.

Keeping your financial goals in mind, we invest in companies that are gaining market share and exhibiting strong potential. We examine protective barriers around competitive advantages for each company, analyze financial results and develop expectations for the future.

Note: Equity securities are more volatile and carry more risk than other forms of investments. We manage net exposure and merit.

How We Make Equity Funds Work For You:

Discover

We constantly seek to identify companies capable of generating solid returns for you. We also consider secular trends that lend themselves to long-term investment horizons.

Assess

We evaluate risk and reward based on our expectations of company fundamental performance.

Invest

We value assets relative to market and growth prospects.

Monitor

We monitor our investments closely. If we believe the investment prospects are less than we expected, we remove the stock from the portfolio.

Market Concerns

Equity securities are more volatile and carry more risk than other forms of investments. We manage net exposure and merit.

Lipper Rankings

Category: Lipper Mid-Cap Core Funds (as of 3/31/2019)

RankPercentile
1 Year124/40931
The Lipper Mutual funds Average is an equally weighted average of the mutual funds within their respective Lipper classification, adjusted for reinvestment of capital gains distributions and income dividends. Lipper ratings are not intended to predict future results, and Lipper does not guarantee the accuracy of this information. More information is available at www.lipperweb.com. Thomson Reuters Copyright 2019, all rights reserved.

Fund Information as of 4/30/19

Class AClass CInvestorInstitutional
Net Asset Value$11.42$11.14$11.35$11.37
SymbolAAWVXACWVXAPWVXAIWVX
CUSIP14956P48914956P47114956P46314956P455
Inception12/30/1612/30/1612/30/1612/30/16
Gross Expense Ratio6.24%27.23%5.32%7.35%
Net Expense Ratio1.06%1.81%1.06%0.81%

Fund Statistics as of 3/31/19

Total Net Assets$1,231,648
Number of Holdings145
Turnover Ratio86.22%
Trailing 4 Quarters P/E Ratio20.3x
Mean (Average) Market Capitalization$13.4 bil.