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Cavalier Adaptive Income Fund Institutional Class (CADTX)

Net Asset Value
1 Day
Overall Morningstar Rating
Short-term bond
Style or Category
No Load
Sales Expenses
Expense Ratio
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, and exchange-traded funds that are registered under the Investment Company Act of 1940 and not affiliated with the fund or making direct investments in portfolio securities based upon institutional research, recommendations, and trading signals from investment model managers or other third-party research providers. The fund and 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-0.08% 3 years+1.93%
3 months-0.21% 5 years+2.48%
1 year+4.38% Since inception+2.46%
Data through --

Peer Comparisonvs. Short-term bond

Performance 5-yr return+2.48%+1.69%
Expense ratio2.45%0.82%
Risk 5 year sharpe ratio1.141.25
Net assets$6.5M$2.2B
Average market cap$10.4B$43.4B
Average P/E27.818.6
Portfolio turnover247%247%

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Fund Management and Purchase Info

Fund familyCavalier
Fund manager & tenureHerb Morgan / 0 Years
Minimal initial investment$250.00
Minimum IRA investment--


Fixed income66.85%
U.S. stock12.03%
International stock1.60%
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 Fund15.34%
BTZ BlackRock Credit Allocation Income Trust15.18%
TTP Tortoise Pipeline & Energy Fund13.19%
BKLN PowerShares Senior Loan Portfolio12.28%
VRP PowerShares Variable Rate Preferred Portfolio12.27%
ACP Avenue Income Credit Strategies Fund7.37%
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF7.16%
AVK Advent Claymore Convertible Securities & Income Fund6.96%