Strategy Goal

We’re proud of our Oklahoma heritage and we know many of our investors are, too. Our Oklahoma Municipal strategy seeks to generate income that is exempt from both federal and Oklahoma state income taxes. The duration target is between three and 10 years, and at least 80% of the securities are rated A 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.

The objective of this strategy is to generate current income that is exempt from federal and state income taxes by investing in a diversified portfolio of at least 80% Oklahoma municipal securities rated A or higher at the time of purchase.

Account Minimums and Fees

$1,000,000 to $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: $1,000,000
Cavanal Hill reserves the right to waive account minimums at its discretion.