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Yorktown Short Term Bond Fund (APIMX)

Mutual Fund · Currency in USD · Last updated Mar 18, 2023

The investment seeks income consistent with the preservation of capital. Under normal circumstances, the fund invests at least 80% of its assets in fixed income securities that, in the Adviser's opinion, offer the opportunity for income consistent with preservation of capital. Its portfolio will have an average aggregate maturity of not more than three years. The fund seeks to provide diversification by allocating its investments among various areas of the fixed income markets. It primarily invests in the investment grade debt securities of various types.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Yorktown Short Term Bond Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,839 for a total return of roughly 38.39%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
2.61%
6.47%
APIMX (Yorktown Short Term Bond Fund)
Benchmark (^GSPC)

S&P 500

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Yorktown Short Term Bond Fund

Return

Yorktown Short Term Bond Fund had a return of 1.77% year-to-date (YTD) and -0.69% in the last 12 months. Over the past 10 years, Yorktown Short Term Bond Fund had an annualized return of 1.36%, while the S&P 500 had an annualized return of 9.71%, indicating that Yorktown Short Term Bond Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.70%-5.31%
Year-To-Date1.77%2.01%
6 months1.97%0.39%
1 year-0.69%-10.12%
5 years (annualized)1.11%7.32%
10 years (annualized)1.36%9.71%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.36%-0.40%
2022-1.43%-0.65%1.29%0.46%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Yorktown Short Term Bond Fund Sharpe ratio is -0.22. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.50-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.22
-0.43
APIMX (Yorktown Short Term Bond Fund)
Benchmark (^GSPC)

Dividend History

Yorktown Short Term Bond Fund granted a 2.20% dividend yield in the last twelve months. The annual payout for that period amounted to $0.08 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.08$0.07$0.06$0.08$0.11$0.11$0.11$0.09$0.17$0.18$0.15$0.09

Dividend yield

2.20%1.82%1.54%2.10%3.08%3.24%3.18%2.78%5.28%5.65%4.59%2.84%

Monthly Dividends

The table displays the monthly dividend distributions for Yorktown Short Term Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.02
2022$0.00$0.01$0.00$0.01$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.01
2021$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01
2019$0.00$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01
2018$0.00$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01
2017$0.00$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01
2016$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01
2015$0.00$0.03$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01
2014$0.00$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.02
2013$0.00$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.02
2012$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%NovemberDecember2023FebruaryMarch
-58.78%
-18.34%
APIMX (Yorktown Short Term Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Yorktown Short Term Bond Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Yorktown Short Term Bond Fund is 84.43%, recorded on Oct 10, 2002. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-84.43%Dec 27, 1999698Oct 10, 2002
-67.89%Sep 7, 199931Oct 19, 199927Nov 25, 199958
-66.98%Nov 26, 19994Dec 1, 199917Dec 24, 199921
-7.96%Jul 20, 199917Aug 11, 199918Sep 6, 199935

Volatility Chart

Current Yorktown Short Term Bond Fund volatility is 4.78%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
4.78%
21.17%
APIMX (Yorktown Short Term Bond Fund)
Benchmark (^GSPC)