Strategy Goal

Our Intermediate Tax Free Bond Fund seeks to generate income that is exempt from federal taxes while outperforming the benchmark and competition on a total return basis. The duration target is between three and 10 years and at least 80% of the securities have an A-rating or better at time of purchase.

Our Process

How Our Fixed Income Management Process Works For You:

Discover

We seek opportunities to generate returns for our investors.

Assess

We test our discoveries for relative value and associated risk. If it’s not worth it, we go back to the drawing board.

Invest

We invest in assets that have value within the current market. We only buy when the price is right.

Monitor

We monitor our investments closely. We ensure our reasoning remains valid and, if it isn’t, we return to the discovery phase.

Objective

Our Fixed Income strategies seek to achieve results for you by looking for inefficiencies in the market—particularly in areas we consider under-researched areas—and taking advantage of them for your benefit. While we believe that excess return is good, we believe risk-adjusted return is even better. Our pursuit of superior returns for you is tempered with strong risk-management processes.

Account Minimums and Fees

First $10,000,00035 bps
Next $15,000,00030 bps
Next $25,000,00025 bps
Next $50,000,00020 bps
More than $100,000,00015 bps
Account Minimum: $10,000,000
Cavanal Hill reserves the right to waive account minimums at its discretion.