# EDGAR Filing Document

**Accession Number:** 0000864508
**File Stem:** 0001004726-25-001568
**Filing Date:** 2025-10
**Character Count:** 18091
**Document Hash:** e5788a1ab07a750a35f1b98af232a2e3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-25-001568.hdr.sgml**: 20251027

**ACCESSION NUMBER**: 0001004726-25-001568

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251027

**DATE AS OF CHANGE**: 20251027

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cavanal Hill Funds
- **CENTRAL INDEX KEY:** 0000864508

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06114
- **FILM NUMBER:** 251419712

**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

### Ultra Short Tax-Free Income Fund (Series ID: S000060081)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000196703 | Class A       | AAUSX           |
| C000196704 | Institutional | AIUSX           |
| C000196705 | Investor      | APUSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Cavanal Hill Funds

- **b. Investment Company Act file number:** 811-06114

- **c. CIK number of Registrant:** 0000864508

- **d. LEI of Registrant:** 5493008U4I3BDPVDR774

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 4400 Easton Commons

  - **City:** Columbus

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 43219

  - **Telephone number:** 800-762-7085

**Item A.2. Information about the Series.**

- **a. Name of Series:** Ultra Short Tax-Free Income Fund

- **b. EDGAR series identifier (if any):** S000060081

- **c. LEI of Series:** 549300IU1Y07M8WCAM66

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $12432117.98

**Total Liabilities:** $54995.31

**Net Assets:** $12377122.67

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -86.60053873 | **1-Year:** -198.54841708 | **5-Year:** -0.68039117 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000196703 | 0.22%                | 0.32%                | 0.22%                |
| Class ID C000196705 | 0.21%                | 0.32%                | 0.22%                |
| Class ID C000196704 | 0.34%                | 0.25%                | 0.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $3260.90                                   |
| Month 2  | $0.00                    | $10049.10                                  |
| Month 3  | $0.00                    | $1221.99                                   |

### Schedule of Portfolio Investments

| Name                                                                                          | Title                                              | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ELYRIA OHIO                                                                                   | CITY OF ELYRIA OH                                  | CUSIP: 2906416R5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $404202.68    | 3.27%             | 2026-06-25      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WEST CHICAGO ILL PK DIST                                                                      | WEST CHICAGO PARK DISTRICT                         | CUSIP: 952083LY7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    305000 | PA      | $306511.15    | 2.48%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SPRINGS COLO UTILS REV                                                               | COLORADO SPRINGS CO                                | CUSIP: 196632LH4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    475000 | PA      | $475000.00    | 3.84%             | 2040-11-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| LAFAYETTE IND SCH CORP                                                                        | LAFAYETTE SCHOOL CORP                              | CUSIP: 506336DE3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $402547.84    | 3.25%             | 2026-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAIRVIEW PARK OHIO                                                                            | CITY OF FAIRVIEW PARK OH                           | CUSIP: 305837KM7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $501594.75    | 4.05%             | 2025-11-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE                                      | MISSISSIPPI ST BUSINESS FIN COMMISSION GULF OPP    | CUSIP: 60528AAU8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 3.23%             | 2030-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| MARYSVILLE OHIO                                                                               | MARYSVILLE OH                                      | CUSIP: 574463NR2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    403000 | PA      | $411334.89    | 3.32%             | 2026-08-06      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CAMBRIDGE WIS SCH DIST                                                                        | CAMBRIDGE SCHOOL DISTRICT                          | CUSIP: 132610DC7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $400012.98    | 3.23%             | 2025-09-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OAKWOOD VLG OHIO                                                                              | VILLAGE OF OAKWOOD OH CUYAHOGA COUNTY              | CUSIP: 674181BS0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    350000 | PA      | $354587.59    | 2.86%             | 2026-06-11      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HUNTLEY ILL PK DIST                                                                           | HUNTLEY PARK DISTRICT                              | CUSIP: 446873EA5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $402759.68    | 3.25%             | 2025-12-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BELMONT CNTY OHIO                                                                             | COUNTY OF BELMONT OH                               | CUSIP: 080257RW0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $506636.45    | 4.09%             | 2026-08-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LINCOLN CNTY WYO POLLUTN CTL REV                                                              | LINCOLN CNTY WY POLL CONTROL REVENUE               | CUSIP: 533485BB3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 3.23%             | 2044-10-01      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                                         | ILLINOIS FINANCE AUTHORITY                         | CUSIP: 45204FME2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 2.42%             | 2055-07-15      | Variable      | 3.82%                 | No            |                  2 | On Loan: No      |
| AUSTIN TEX HOTEL OCCUPANCY TAX REV                                                            | AUSTIN TEXAS HOTEL OCCUPANCY TAX REVENUE           | CUSIP: 052422DQ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    430000 | PA      | $430000.00    | 3.47%             | 2029-11-15      | Variable      | 2.74%                 | No            |                  2 | On Loan: No      |
| EAST BATON ROUGE PARISH LA INC INDL DEV BRD REV                                               | EAST BATON ROUGE PARISH INDUSTRIAL DEVELOPMENT BOA | CUSIP: 270777AC9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 1.62%             | 2035-08-01      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY TENN PUB BLDG AUTH POOLED FING REV                                            | MONTGOMERY COUNTY PUBLIC BUILDING AUTHORITY        | CUSIP: 613679AB5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    265000 | PA      | $265000.00    | 2.14%             | 2027-11-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| SAXE GOTHA-LEXINGTON PUB FACS CORP S C REV                                                    | SAXE GOTHA LEXINGTON PUBLIC FACILITIES CORP        | CUSIP: 805547AU0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $503995.55    | 4.07%             | 2026-03-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RICHMOND HEIGHTS OHIO                                                                         | CITY OF RICHMOND HEIGHTS OH                        | CUSIP: 764717HR8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $506468.55    | 4.09%             | 2026-07-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Cavanal Hill Funds: Cavanal Hill Government Securities Money Market Fund; Select Class Shares | CAVANAL HILL GOVERNMENT SECURITIES MONEY MARKET    | CUSIP: 14956P810<br>LEI: N/A | Long             | STIV             | RF                | US        |     16584 | NS      | $16584.34     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV                                                 | MET WASHINGTON DC AIRPORTS SYS REVENUE             | CUSIP: 592646M91<br>LEI: N/A | Long             | DBT              | MUN               | US        |    530000 | PA      | $530000.00    | 4.28%             | 2039-10-01      | Variable      | 2.78%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CNTY OKLA FIN AUTH EDL FACS LEASE REV                                                | OKLAHOMA COUNTY FINANCE AUTHORITY                  | CUSIP: 67868UFW8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $500784.60    | 4.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WYOMING OHIO                                                                                  | WYOMING OH                                         | CUSIP: 983425FE4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $400438.92    | 3.24%             | 2025-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ROCKFORD ILL                                                                                  | ROCKFORD IL                                        | CUSIP: 77316QL56<br>LEI: N/A | Long             | DBT              | MUN               | US        |    350000 | PA      | $352168.43    | 2.85%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FLA REV                                                                       | PALM BEACH COUNTY REVENUE                          | CUSIP: 696547CN6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 1.62%             | 2032-07-01      | Variable      | 2.76%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUN PWR-OHIO INC                                                                     | AMERICAN MUNICIPAL POWER INC                       | CUSIP: 027651ZL5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    425000 | PA      | $425811.28    | 3.44%             | 2025-11-06      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CENTER GROVE IND CMNTY SCH CORP                                                               | CENTER GROVE COMMUNITY SCHOOL CORP                 | CUSIP: 151469FT5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    390000 | PA      | $392222.18    | 3.17%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RICHLAND WAYNE JASPER CLAY & LAWRENCE CNTYS ILL CMNTY UNIT SCH DIST NO 1                      | RICHLAND COUNTY COMMUNITY UNIT SCHOOL DISTRICT NO  | CUSIP: 763056CZ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    265000 | PA      | $266372.54    | 2.15%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                                                                                     | STATE OF HAWAII                                    | CUSIP: 419792CE4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    310000 | PA      | $310628.93    | 2.51%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKE CNTY OHIO                                                                                | COUNTY OF LAKE OH                                  | CUSIP: 5094266F4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    469000 | PA      | $469923.74    | 3.80%             | 2025-11-06      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HUBER HEIGHTS OHIO                                                                            | HUBER HEIGHTS OH                                   | CUSIP: 443524XD0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    450000 | PA      | $457794.86    | 3.70%             | 2026-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRUMBULL CNTY OHIO                                                                            | COUNTY OF TRUMBULL OH                              | CUSIP: 898133ZN6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $402129.48    | 3.25%             | 2026-03-12      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| VANDALIA OHIO                                                                                 | CITY OF VANDALIA OH                                | CUSIP: 921730GP6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    350000 | PA      | $355256.76    | 2.87%             | 2026-08-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Cavanal Hill Funds

**Signature:** Jerica Newbill

**Name of Signer:** Jerica Newbill

**Title:** Treasurer