Cavanal Hill Funds has released its latest financial data for the Ultra Short Tax-Free Income Fund through an NPORT-P filing. This update is significant as it provides insights into the fund's performance and overall financial health.

Company Background

Cavanal Hill Funds is an investment company based in Columbus, Ohio. The firm, which operates under the Central Index Key (CIK) 0000864508, focuses on providing various investment products. Its recent filings indicate a commitment to transparency and regulatory compliance.

What the Filing Says

The recent filing, dated October 29, 2026, reports that the Ultra Short Tax-Free Income Fund has total assets of approximately $3,769,868.95 and net assets of $3,722,407.95. The fund's liabilities stand at $47,461.00, reflecting a stable financial position.

Impact

This filing may affect investors and stakeholders interested in the fund's performance and stability. It provides a clearer picture of the fund's asset management and investment strategies, which are crucial for informed decision-making.

What's Next

The filing does not say what happens next.

Investment Holdings

The Ultra Short Tax-Free Income Fund's investment portfolio includes a variety of municipal securities. Notable holdings include:

  • Blount County Tennessee Public Building Authority - CUSIP: 095175VQ5, with a balance of $200,000, representing approximately 5.37% of the fund's total assets.
  • Cavanal Hill Government Securities Money Market Fund - CUSIP: 14956P810, with a balance of $1,328,791.34, making up about 35.70% of the fund's total assets.
  • Clarksville Tennessee Public Building Authority Revenue - CUSIP: 182564AY0, also holding $200,000, which is 5.37% of total assets.
  • City of Fort Lauderdale Florida Water & Sewer Revenue - CUSIP: 347658ZD1, with a balance of $120,000, accounting for 3.22% of total assets.
  • City of New York - CUSIP: 64966G4P4, holding $200,000, which is 5.37% of total assets.

These investments reflect a focus on long-term municipal bonds, with varying interest rates and maturity dates, aimed at providing tax-free income to investors.

Performance Metrics

The filing also details the fund's monthly total returns for its different classes. For instance, Class A (AAUSX) reported a total return of 0.19% for the most recent month, while the Institutional class (AIUSX) had a return of 0.21%. The Investor class (APUSX) reported a return of 0.18% during the same period. These figures illustrate the fund's performance across its various share classes.

Liquidity and Cash Management

The fund's liquidity position is robust, with no amounts reported for cash not reported in cash or cash equivalents. This indicates a strong cash management strategy, ensuring that the fund can meet its short-term obligations without compromising its investment strategy.

Future Reporting

While the filing provides a wealth of data, it does not specify any upcoming changes to the fund's investment strategy or anticipated shifts in asset allocation. Investors may look forward to future filings for updates on these aspects.