4 / 5 Stars
5 5 5 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#14 in Short-Term Bond
U.S. News evaluated 128 Short-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 1.74 percent over the past year, 2.41 percent over the past three years, 5.55 percent over the past five years, and 2.96 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||1.1%|
|3 Years (Annualized)||2.4%|
|5 Years (Annualized)||5.6%|
|10 Years (Annualized)||3.0%|
The investment seeks income and secondarily seeks capital appreciation. The fund invests primarily in debt obligations that are rated within the three highest ratings categories assigned by a nationally recognized statistical ratings organization, or of comparable quality. It invests at least 80% of assets in securities with an average maturity of less than three years and maintains a dollar-weighted average maturity of its portfolio of three years or less. The fund normally invests at least 65% of assets in interest-bearing bonds.
Fees are Low compared to funds in the same category.
Cavanal Hill Funds Short-Term Income Fund has an expense ratio of 0.66 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.