Yorktown Short Term Bond Fund (APIMX)

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Yorktown Short Term Bond Fund (APIMX) is up 0.5% since the beginning of the year. APIMX is currently trading at $4 per share. Investors who bought $1,000 worth of APIMX shares 5 years ago would now be looking at an investment worth $1,114.

Yorktown Short Term Bond Fund (APIMX) has returned 0.52% so far this year and 4.35% over the past 12 months.

Based on dividend-adjusted daily data since Jul 2, 1997, APIMX's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, an investment would double in approximately 16.5 years.

Historically, 63% of months were positive and 37% were negative. The best month was Dec 2008 with a return of +22.1%, while the worst month was Jan 1998 at -66.7%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 11 months.

On a daily basis, APIMX closed higher 34% of trading days. The best single day was Dec 27, 2007 with a return of +22.2%, while the worst single day was Jan 2, 1998 at -66.6%.

Yorktown Short Term Bond Fund has an annualized alpha of 3.59%, beta of 0.04, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since July 03, 1997.

• This fund captured 12.39% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -4.20%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.04 may look defensive, but with R2 of 0.04 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.04 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

APIMX has an expense ratio of 0.84%, placing it in the medium range.

APIMX ranks 57 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Yorktown Short Term Bond Fund (APIMX) and compare them to S&P 500 Index.

Yorktown Short Term Bond Fund provided a 3.77% dividend yield over the last twelve months, with an annual payout of $0.15 per share. The fund has been increasing its distributions for 4 consecutive years.

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.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Yorktown Short Term Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Yorktown Short Term Bond Fund was 76.75%, occurring on Oct 9, 2002. Recovery took 2937 trading sessions.

The current Yorktown Short Term Bond Fund drawdown is 0.40%.

The chart below shows the rolling one-month volatility.