NOTICE: 2019 Capital Gains Available. View PDF here.

Fund Goal

We pursue positive investment returns by opportunistically investing in equities, real estate investment trusts (REITs), fixed income securities, preferred stocks, ETFs (exchange traded funds, which may include leveraged and inverse ETFs), options, commodities, and money market funds. The Fund's management team will consider all asset classes and may invest in domestic as well as international securities. The team pursues investment opportunities with the most attractive risk/return profiles.

Process

Our Equity funds focus on growing companies that we believe 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.

We invest in companies that we believe 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. 

How We Strive To 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 (stocks) are more volatile and carry more risk than other forms of investments, including investments in high-grade fixed income securities. Investments in the Fund are subject to the risks related to direct investment in real estate, such as real estate risk, regulatory risks, concentration risk, and diversification risk. Fixed income securities are subject to interest rate risks. The principal value of a bond falls when interest rates rise and rise when interest rates fall. During periods of rising interest rates, the value of a bond investment is at greater risk than during periods of stable or falling rates. High-yield bonds have a higher risk of default or other adverse credit events, but have the potential to pay higher earnings over investment-grade bonds. The higher risk of default, or the inability of the creditor to repay its debt, is the primary reason for the higher interest rates on high-yield bonds. International investing involves increased risk and volatility. Mid- and small-cap companies may be more vulnerable to adverse business or economic developments. Because an ETF charges its own fees and expenses, Fund shareholders will indirectly bear these costs. The use of leverage in an ETF can magnify any price movements, resulting in high volatility. An inverse ETF seeks to provide returns that are the opposite of the underlying referenced financial 

Morningstar Rankings

Category: US OE Fund Allocation - 70% to 85% Equity (3/31/2020)

RankPercentile
1 Year294/33486
3 Year287/30992
5 Year258/27993

Rankings are for Institutional Class and are based on total return excluding sales charges, independently calculated and not combined to create an overall ranking. For periods not shown, Morningstar does not provide rankings based on synthetic performance.

Morningstar rankings are based on a fund's average annual total return relative to all funds in the same Morningstar category. Fund performance used within the rankings, reflects certain fee waivers, without which, returns and Morningstar rankings would have been lower. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100.

© 2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Show More

Lipper Leaders Designation

  • 5
    Expense
    Lipper Leader
    Expense
    (A and Investor Shares)

Lipper Rankings

Category: Lipper Absolute Return Funds (As of 3/31/2020)

RankPercentile
1 Year169/18989
3 Year144/16488
5 Year99/13175

Rankings are for Institutional Class and are based on average annual total returns, but do not consider sales charges.

Lipper ratings for Expense, identify a fund that has successfully managed to keep its expenses low relative to its peers and within its load structure. The Lipper ratings are subject to change every month and are based on an equal weighted average of percentile ranks for Expense over three-, five- and ten-year periods (if applicable). The highest 20% of funds in each peer group are named Lipper Leaders with a rating of 5, the next 20% receive a rating of 4, the middle 20% are rated 3, the next 20% are rated 2, and the lowest 20% are rated 1.

The Cavanal Hill Opportunistic Fund, in Lipper's Absolute Return Funds classification received the following ratings for the three-, and five-year periods, respectively, for the A and Investor Shares: Expense 5(34 funds) and 5(28funds).

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 does not guarantee the accuracy of this information. More information is available at www.lipperweb.com. Thomson Reuters Copyright 2020, All Rights Reserved.

Show More

Fund Information as of 4/30/20

Class AClass CInvestorInstitutional
Net Asset Value$11.88$11.56$11.84$11.98
SymbolAAOPXAACOXAPOPXAIOPX
CUSIP14956P61214956P51314956P59614956P588
Inception09/01/1112/31/1409/01/1109/01/11
Gross Expense Ratio1.73%2.63%1.88%1.63%
Net Expense Ratio1.28%2.03%1.28%1.03%

Fund Statistics as of 3/31/20

Total Net Assets$27,531,471
Number of Holdings41
Turnover Ratio162.30%
Mean (Average) Market Capitalization$132.4 bil.

Contractual fee waivers are in effect December 26, 2019 through December 31, 2020.

While the fund seeks to manage and monitor risk, there is no way to remove risk.

Show More