APWVX — Mid Cap Diverse Leadership Fund
Data updated: 2023-07-25
APWVX — Mid Cap Diverse Leadership Fund. United States Mid Cap Blend / Core Equity · $2.30M AUM. Holdings, fees, performance and SEC filings.
APWVX Fund Overview
APWVX — Mid Cap Diverse Leadership Fund is a US mutual fund managed by Cavanal Hill Funds, categorised as United States Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Cavanal Hill Funds
- Category: United States Mid Cap Blend / Core Equity
- Assets under management: $2.30M
- 1-year return: -4.8%
- Ticker: APWVX
- SEC CIK: 0000864508
- SEC series ID: S000055938
- Share class ID: C000176157
APWVX Investment Objective and Strategy
Mid Cap Diverse Leadership Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Cavanal Hill Funds.
Investment objective
To seek total return.
Principal investment strategy
To pursue its objective, under normal circumstances, the Fund invests at least 80% of its net assets in a diversified portfolio of common stocks of Mid Cap U.S. companies. This policy will not be changed without at least 60 days prior notice to shareholders. Equity securities for purposes of this policy refers to common stocks and securities convertible into common stocks. The Fund defines Mid Cap securities as those that are included in the Russell Midcap Index at the time of purchase. As of 10/31/2017, the market cap range of the Russell Midcap Index was approximately $350 million to $35 billion. The Fund may also invest up to 20% of its net assets in preferred stocks, American Depositary Receipts, corporate bonds, notes, warrants and cash equivalents. Corporate bonds will be investment grade, rated at the time of purchase within the three highest ratings categories assigned by a nationally recognized statistical ratings organization, or, if not rated, found by the Adviser under guidelines approved by the Trusts Board of Trustees to be of comparable quality.
The Fund seeks to maintain a dollar-weighted average portfolio maturity of three to twelve years for the debt portion of its portfolio. The Fund may engage in active and frequent trading. The portfolio management team of the Fund selects equity securities using a proprietary system that ranks stocks under a quantitative approach. Stocks are ranked on a large array of factors including but not limited to fundamental factors (e.g., valuation and growth) and technical factors (e.g., momentum, reversal and volatility) that have historically been linked to performance. Quantitative portfolio construction and risk management techniques are used to seek consistent, superior risk adjusted returns.
APWVX Performance
Total returns for APWVX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -4.8% |
| 3 years (annualised) | 11.8% |
APWVX Risk Information
Risk metrics for APWVX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 23.2%
APWVX Costs and Fees
APWVX costs about $106 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.06%
- Gross expense ratio: 6.36%
- Portfolio turnover: 171%
- Brokerage commissions: 15.03 bps of average net assets (SEC N-CEN)
APWVX Cashflows
Over the 12 months to 2023-05, Mid Cap Diverse Leadership Fund had net inflows of $2.64M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-05 | $171.11K |
| 2023-04 | $36.62K |
| 2023-03 | $355.02K |
| 2023-02 | $169.23K |
| 2023-01 | $363.25K |
| 2022-12 | $762.73K |
APWVX Debt Constituents
No individual debt constituents are reported in Mid Cap Diverse Leadership Fund's latest SEC N-PORT filing.
APWVX Prospectus and SEC Filings
Official Mid Cap Diverse Leadership Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-12-27
- Prospectus (485BPOS) — filed 2021-12-22
- Prospectus (485BPOS) — filed 2021-01-06
- Portfolio holdings (N-PORT) — filed 2023-07-25
- Portfolio holdings (N-PORT) — filed 2023-04-27
- Portfolio holdings (N-PORT) — filed 2023-01-25
- Annual census (N-CEN) — filed 2022-11-10
- Annual census (N-CEN) — filed 2021-11-09
Related Funds
Other United States Mid Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.