About APIUX
The Yorktown Multi-Sector Bond Fund Class A is a mutual fund focused on generating a high level of current income while managing credit risk. This fund is globally diversified, investing primarily in a broad spectrum of bonds that include both investment-grade and non-investment-grade debt from U.S. and foreign issuers. A distinguishing feature of the fund is its tactical allocation across multiple sectors and credit qualities, with an emphasis on credit diversification to help reduce portfolio volatility. The fund’s portfolio is heavily weighted towards bonds, limiting exposure to stocks or foreign equities, and it regularly distributes income on a monthly basis. Notable holdings span U.S. Treasury notes, corporate bonds, asset-backed securities, and various structured products. By diversifying across sectors, issuers, and credit qualities, the fund aims to provide investors with steady income and a measured degree of risk. The Yorktown Multi-Sector Bond Fund Class A plays a significant role in the fixed income market, serving investors seeking income generation, diversification, and conservative credit management in their bond allocations.
Fund Family Yorktown Funds
Category Intermediate Core-Plus Bond
Performance Rating Above Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol APIUX
Share Class Class A Shares
Index Bloomberg U.S. Aggregate Bond TR
APIUX had a total return of -0.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.71%.
