# EDGAR Filing Document

**Accession Number:** 0000864508
**File Stem:** 0001004726-23-000026
**Filing Date:** 2023-2
**Character Count:** 16238
**Document Hash:** d519a63f3816a4af57ad88e7d0550f79
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-23-000026.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001004726-23-000026

**CONFORMED SUBMISSION TYPE**: N-MFP2

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cavanal Hill Funds
- **CENTRAL INDEX KEY:** 0000864508
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** OH

**FILING VALUES:**
- **FORM TYPE:** N-MFP2
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06114
- **FILM NUMBER:** 23585480

**BUSINESS ADDRESS:**
- **STREET 1:** 4400 EASTON COMMONS #200
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43219
- **BUSINESS PHONE:** 800-762-7085

**MAIL ADDRESS:**
- **STREET 1:** 4400 EASTON COMMONS #200
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN PERFORMANCE FUNDS
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN PLUS FUNDS
- **DATE OF NAME CHANGE:** 19900910

## Series and Classes Contracts Data

### U.S. Treasury Fund (Series ID: S000008941)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000041645 | Institutional  | APKXX           |
| C000041646 | Administrative | APGXX           |
| C000041647 | Service        | APJXX           |
| C000041648 | Select         | APNXX           |

# Form N-MFP: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information

**Submission Type:** N-MFP2

**Live/Test Flag:** —

**Is Electronic Copy of Paper Format:** —

**CIK:** —

### General Information

**Report for (YYYY-MM-DD):** 2023-01-31

**EDGAR Series Identifier:** S000008941

**Total number of share classes in the series:** —

**Is this the fund's final filing on Form N-MFP?:** —

**Is Fund Liquidating?:** —

**Is Fund Merging/Being Acquired?:** —

**Has the fund acquired or merged with another fund during the reporting period?:** —

## Part A: Series-Level Information about the Fund

### Service Providers
| Item   | Role                          | Details                                       | File/CIK Number   |
|:---|:---|:---|:---|
| A.5    | Administrator                 | Cavanal Hill Investment Management, Inc.      |  |
| A.4    | Independent Public Accountant | KPMG LLP<br>City: Columbus<br>State: OH       |  |
| A.6    | Transfer Agent                | FIS Investor Services, LLC<br>CIK: 0001630490 | 084-06522         |

### Fund Characteristics & Assets

- **A.1 - Securities Act File Number:** 033-35190

- **A.7 - Is this a Feeder Fund?:** No

- **A.8 - Is this a Master Fund?:** No

- **A.9 - Is this series primarily used to fund insurance company separate accounts?:** No

- **A.10 - Money Market Fund Category:** Treasury

- **A.11 - WAM:** 2 days

- **A.12 - WAL:** 2 days

- **Total Value of Portfolio Securities:** $1162856653.90

- **Amortized Cost of Portfolio Securities:** $1162856653.90

- **Cash:** $0.00

- **Total Other Assets:** $674123.13

- **Total Liabilities:** $4192184.08

- **Net Assets of Series:** $1159338592.95

- **Number of Shares Outstanding (Series):** 1159338964.77

- **Stable Price Per Share:** $1.00

- **7-Day Gross Yield:** 4.3200%

### Weekly Liquid Assets
| Period         | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| Friday, Week 1 |  | $1112804166.11             |  | 99.9700%                   |
| Friday, Week 2 |  | $1117241665.33             |  | 99.9600%                   |
| Friday, Week 3 |  | $1184542889.28             |  | 99.9600%                   |
| Friday, Week 4 |  | $1280869462.22             |  | 99.9500%                   |

## Part B: Class-Level Information about the Fund

### Class: Unknown Class (—)

- **B.2 - Minimum Initial Investment:** $1000.00

- **B.3 - Net Assets of Class:** $986952296.46

- **B.4 - Shares Outstanding:** 986951545.88

- **B.7.7 - 7-Day Net Yield:** 3.6400%

- **Person Paying for Fund Expenses?:** Yes

- **Expense Reimbursement/Waiver Description:** Cavanal Hill Investment Management, Inc./FIS Investor Services, Shareholder Servicing Waiver, 219.17;

**Weekly Flows:**

| Period   | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| Week 1   | $27773838.31              | $3973419.05             |
| Week 2   | $22315842.44              | $18998015.34            |
| Week 3   | $62871527.76              | $2945332.53             |
| Week 4   | $105737887.41             | $14653690.89            |

**Monthly Shareholder Flow Activity:**

- **Gross Subscriptions for month:** $218699753.23

- **Gross Redemptions for month:** $157164497.80

### Class: Unknown Class (—)

- **B.2 - Minimum Initial Investment:** $1000000.00

- **B.3 - Net Assets of Class:** $10890036.52

- **B.4 - Shares Outstanding:** 10889889.10

- **B.7.7 - 7-Day Net Yield:** 4.1400%

- **Person Paying for Fund Expenses?:** Yes

- **Expense Reimbursement/Waiver Description:** Cavanal Hill Investment Management, Inc./FIS Investor Services, Shareholder Servicing Waiver, 1573.99;

**Weekly Flows:**

| Period   | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| Week 1   | $866504.05                | $2395147.79             |
| Week 2   | $235755.00                | $50490.75               |
| Week 3   | $6076615.63               | $159351.94              |
| Week 4   | $161419.62                | $270307.86              |

**Monthly Shareholder Flow Activity:**

- **Gross Subscriptions for month:** $7340294.30

- **Gross Redemptions for month:** $2929755.83

### Class: Unknown Class (—)

- **B.2 - Minimum Initial Investment:** $100000.00

- **B.3 - Net Assets of Class:** $87947471.71

- **B.4 - Shares Outstanding:** 87948603.32

- **B.7.7 - 7-Day Net Yield:** 4.0600%

- **Person Paying for Fund Expenses?:** Yes

- **Expense Reimbursement/Waiver Description:** Cavanal Hill Investment Management, Inc./FIS Investor Services, Shareholder Servicing Waiver, 13025.99;

**Weekly Flows:**

| Period   | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| Week 1   | $16233685.67              | $14784403.95            |
| Week 2   | $99673.50                 | $434754.87              |
| Week 3   | $1341517.09               | $204493.16              |
| Week 4   | $2770365.03               | $91197.43               |

**Monthly Shareholder Flow Activity:**

- **Gross Subscriptions for month:** $20522786.48

- **Gross Redemptions for month:** $21286936.35

### Class: Unknown Class (—)

- **B.2 - Minimum Initial Investment:** $10000.00

- **B.3 - Net Assets of Class:** $73548788.26

- **B.4 - Shares Outstanding:** 73548926.47

- **B.7.7 - 7-Day Net Yield:** 3.9400%

- **Person Paying for Fund Expenses?:** Yes

- **Expense Reimbursement/Waiver Description:** Cavanal Hill Distributors, Inc., Distributor - 12B-1 Waiver, 8676.71; Cavanal Hill Investment Management, Inc./FIS Investor Services, Shareholder Servicing Waiver, 8676.10;

**Weekly Flows:**

| Period   | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| Week 1   | $2864961.95               | $0.00                   |
| Week 2   | $811592.41                | $20882.28               |
| Week 3   | $452558.22                | $936552.08              |
| Week 4   | $3062464.90               | $1038736.15             |

**Monthly Shareholder Flow Activity:**

- **Gross Subscriptions for month:** $11014523.35

- **Gross Redemptions for month:** $1996170.51

## Part C: Schedule of Portfolio Securities

### Security 1: BANK OF MONTREAL

- **C.1 - Title:** Bank of Montreal, 4.2000%
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.5 - Other ID: BMT123201
- **C.18 - Value (incl. sponsor support):** $80000000.00
- **C.18.a - Value (excl. sponsor support):** $80000000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 6.9000%
- **C.17 - Yield as of Reporting Date:** 4.2000%
- **C.11 - Maturity Date (WAM):** 2023-02-01
- **C.12 - Maturity Date (WAL):** 2023-02-01
- **C.13 - Final Legal Maturity Date:** 2023-02-01
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 2: CREDIT AGRICOLE CIB

- **C.1 - Title:** Credit Agricole CIB, 4.2300%
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.5 - Other ID: CRA123201
- **C.18 - Value (incl. sponsor support):** $185000000.00
- **C.18.a - Value (excl. sponsor support):** $185000000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 15.9600%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2023-02-01
- **C.12 - Maturity Date (WAL):** 2023-02-01
- **C.13 - Final Legal Maturity Date:** 2023-02-01
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 3: FIXED INCOME CLEARING CORPORATION ("FICC") - BANK OF NEW YORK MELLON

- **C.1 - Title:** Fixed Income Clearing Corporation - Bank of New York Mellon, 4.2700%
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.5 - Other ID: BNY123201
- **C.18 - Value (incl. sponsor support):** $190000000.00
- **C.18.a - Value (excl. sponsor support):** $190000000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 16.3900%
- **C.17 - Yield as of Reporting Date:** 4.2700%
- **C.11 - Maturity Date (WAM):** 2023-02-01
- **C.12 - Maturity Date (WAL):** 2023-02-01
- **C.13 - Final Legal Maturity Date:** 2023-02-01
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 4: FIXED INCOME CLEARING CORPORATION ("FICC") - STATE STREET BANK & TRUST CO.

- **C.1 - Title:** Fixed Income Clearing Corporation - State Street Bank & Trust Co., 4.2800%
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.5 - Other ID: SST123201
- **C.18 - Value (incl. sponsor support):** $280000000.00
- **C.18.a - Value (excl. sponsor support):** $280000000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 24.1500%
- **C.17 - Yield as of Reporting Date:** 4.2800%
- **C.11 - Maturity Date (WAM):** 2023-02-01
- **C.12 - Maturity Date (WAL):** 2023-02-01
- **C.13 - Final Legal Maturity Date:** 2023-02-01
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 5: GOLDMAN SACHS & CO.

- **C.1 - Title:** Goldman Sachs & Co., 4.1200%
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.5 - Other ID: GOL123201
- **C.18 - Value (incl. sponsor support):** $25000000.00
- **C.18.a - Value (excl. sponsor support):** $25000000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 2.1600%
- **C.17 - Yield as of Reporting Date:** 4.1200%
- **C.11 - Maturity Date (WAM):** 2023-02-01
- **C.12 - Maturity Date (WAL):** 2023-02-01
- **C.13 - Final Legal Maturity Date:** 2023-02-01
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 6: GOLDMAN SACHS FINANCIAL SQUARE TREASURY OBLIGATIONS FUND

- **C.1 - Title:** Goldman Sachs Financial Square Treasury Obligations Fund, 4.2156%
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: 38141W323, C.4 - ISIN: US38141W3236, C.3 - LEI: 549300C0TCI4VJPGCS21
- **C.18 - Value (incl. sponsor support):** $40393070.65
- **C.18.a - Value (excl. sponsor support):** $40393070.65
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 3.4800%
- **C.17 - Yield as of Reporting Date:** 4.2200%
- **C.11 - Maturity Date (WAM):** 2023-02-07
- **C.12 - Maturity Date (WAL):** 2023-02-07
- **C.13 - Final Legal Maturity Date:** 2023-02-07
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 7: NOMURA SECURITIES INTERNATIONAL INC.

- **C.1 - Title:** Nomura Securities International, Inc., 4.2800%
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.5 - Other ID: NOM223201
- **C.18 - Value (incl. sponsor support):** $50000000.00
- **C.18.a - Value (excl. sponsor support):** $50000000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 4.3100%
- **C.17 - Yield as of Reporting Date:** 4.2800%
- **C.11 - Maturity Date (WAM):** 2023-02-01
- **C.12 - Maturity Date (WAL):** 2023-02-01
- **C.13 - Final Legal Maturity Date:** 2023-02-01
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 8: RBC DOMINION SECURITIES INC.

- **C.1 - Title:** RBC Dominion Securities, Inc., 4.2600%
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.5 - Other ID: RBC123201
- **C.18 - Value (incl. sponsor support):** $240000000.00
- **C.18.a - Value (excl. sponsor support):** $240000000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 20.7000%
- **C.17 - Yield as of Reporting Date:** 4.2600%
- **C.11 - Maturity Date (WAM):** 2023-02-01
- **C.12 - Maturity Date (WAL):** 2023-02-01
- **C.13 - Final Legal Maturity Date:** 2023-02-01
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 9: STIT GOVERNMENT & AGENCY PORTFOLIO, INSTITUTIONAL CLASS

- **C.1 - Title:** Invesco Short-Term Investments Trust, Treasury Portfolio, Institutional Class, 4.3008%
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: 825252406, C.4 - ISIN: US8252524066
- **C.18 - Value (incl. sponsor support):** $72463583.25
- **C.18.a - Value (excl. sponsor support):** $72463583.25
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 6.2500%
- **C.17 - Yield as of Reporting Date:** 4.3000%
- **C.11 - Maturity Date (WAM):** 2023-02-07
- **C.12 - Maturity Date (WAL):** 2023-02-07
- **C.13 - Final Legal Maturity Date:** 2023-02-07
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** Cavanal Hill Funds

**Date:** 2023-02-02

**By:** /s/ Denise Lewis

**Name of Signing Officer:** Denise Lewis

**Title of Signing Officer:** Treasurer