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 primarily in fixed income securities. It may also invest in mutual- exchange-traded- and/or closed end funds that are registered under the Investment Company Act of 1940 and not affiliated with the fund ("portfolio funds")- or by making investments in certain Master Limited Partnerships or Limited Partnership structures. 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+0.35% 3 years+3.65%
3 months+0.84% 5 years+2.38%
1 year+2.79% Since inception+2.72%
Data through --

Peer Comparisonvs. Multisector bond

Performance 5-yr return+2.38%+2.93%
Expense ratio5.28%1.08%
Risk 5 year sharpe ratio0.730.74
Net assets$7.5M$2.6B
Average market cap--$39.5B
Average P/E--23.5
Portfolio turnover111%111%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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


Fixed income86.58%
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
-- 6.81%
-- 6.54%
-- 4.67%
-- 4.40%
-- 4.19%
-- 3.51%
-- 3.46%
-- 3.21%
-- 3.03%
-- 3.01%