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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+0.39% 3 years+3.62%
3 months+0.72% 5 years+2.33%
1 year+4.28% Since inception+2.68%
Data through --

Peer Comparisonvs. Multisector bond

Performance 5-yr return+2.33%+3.26%
Expense ratio5.28%1.09%
Risk 5 year sharpe ratio0.770.86
Net assets$7.2M$2.6B
Average market cap--$30.7B
Average P/E--20.3
Portfolio turnover111%111%

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Fund Management and Purchase Info

Fund familyCavalier
Fund manager & tenureChad Stephens / 0 Years
Minimal initial investment$1,000.00
Minimum IRA investment--


Fixed income87.34%
U.S. stock0.00%
International stock0.00%
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
-- 7.07%
-- 6.83%
-- 5.43%
-- 4.55%
-- 4.51%
-- 4.22%
-- 3.35%
-- 3.33%
-- 3.27%
-- 3.16%