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Cavalier Adaptive Income Fund Institutional Class (CADTX)

Net Asset Value
1 Day
Overall Morningstar Rating
Multisector bond
Style or Category
No Load
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return through a combination of capital appreciation and current income. The fund invests in no-load, institutional, mutual, exchange-traded, and/or closed end funds that are registered under the Investment Company Act of 1940 and not affiliated with the fund, or by making investments in certain Master Limited Partnerships (together, the "portfolio funds"). It will not generally invest in individual portfolio securities. The portfolio funds may invest in fixed income securities of any maturity and any credit rating, including junk bonds, bonds of issuers in default, and unrated bonds.


1 month+0.75% 3 years+2.69%
3 months+0.52% 5 years+2.70%
1 year+4.36% Since inception+2.57%
Data through --

Peer Comparisonvs. Multisector bond

Performance 5-yr return+2.70%+4.18%
Expense ratio3.30%1.10%
Risk 5 year sharpe ratio0.901.06
Net assets$6.7M$2.4B
Average market cap$12.8B$29.4B
Average P/E29.316.9
Portfolio turnover247%247%

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Fund Management and Purchase Info

Fund familyCavalier
Fund manager & tenureScott Wetherington / 0 Years
Minimal initial investment$250.00
Minimum IRA investment--


Fixed income70.80%
U.S. stock4.85%
International stock1.58%
Top 5 Sectors
Portfolio weighting
Industrial materials 24.90%
Hardware 17.20%
Consumer goods 13.73%
Healthcare 11.45%
Energy 6.97%
Top 10 Holdings
Portfolio weighting
FAM First Trust/Aberdeen Global Opportunity Income Fund11.85%
BKLN PowerShares Senior Loan Portfolio9.56%
HYIH Deutsche X-trackers High Yield Corporate Bond - Interest Rate Hedged ETF8.85%
ACP Avenue Income Credit Strategies Fund6.17%
AVK Advent Claymore Convertible Securities & Income Fund6.02%
TTP Tortoise Pipeline & Energy Fund5.92%
-- 3.72%
-- 3.68%
-- 2.95%
-- 2.15%