Yorktown Multi-Sector Bond Fund (APIUX)
The investment seeks current income with limited credit risk. The fund invests in securities that, in the adviser's opinion, offer the opportunity for current income with limited credit risk. The adviser invests directly in equity or debt securities when the adviser believes attractive investment opportunities exist. The adviser may sell a security or redeem shares of an underlying fund given a variety of circumstances.
Fund Info
| ISIN | US0288378880 |
|---|---|
| CUSIP | 028837888 |
| Issuer | Yorktown Funds |
| Inception Date | Jul 1, 1997 |
| Category | Multisector Bonds |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
APIUX has a high expense ratio of 1.17%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Yorktown Multi-Sector Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Yorktown Multi-Sector Bond Fund had a return of 1.16% year-to-date (YTD) and 6.50% in the last 12 months. Over the past 10 years, Yorktown Multi-Sector Bond Fund had an annualized return of 1.72%, while the S&P 500 had an annualized return of 10.67%, indicating that Yorktown Multi-Sector Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.16% | 9.49% |
| 1 month | 0.74% | 1.20% |
| 6 months | 6.29% | 18.29% |
| 1 year | 6.50% | 26.44% |
| 5 years (annualized) | 0.24% | 12.64% |
| 10 years (annualized) | 1.72% | 10.67% |
Monthly Returns
The table below presents the monthly returns of APIUX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.95% | -0.46% | 1.13% | -1.52% | 1.16% | ||||||||
| 2023 | 3.42% | -1.77% | -0.56% | 0.94% | -0.62% | 0.49% | 1.08% | -0.10% | -1.37% | -1.24% | 3.79% | 3.03% | 7.10% |
| 2022 | -1.84% | -2.01% | -1.68% | -2.76% | -0.80% | -3.83% | 2.84% | -1.48% | -3.86% | -0.32% | 2.50% | -0.04% | -12.71% |
| 2021 | 0.82% | 0.24% | -0.31% | 0.92% | 0.49% | 1.10% | 0.77% | 0.16% | -0.25% | -0.14% | -0.34% | 0.25% | 3.77% |
| 2020 | 0.48% | -1.99% | -16.17% | 4.64% | 1.29% | 2.28% | 2.90% | 1.69% | 0.07% | 0.44% | 2.73% | 1.37% | -1.98% |
| 2019 | 6.06% | 1.74% | 0.81% | 1.69% | -3.03% | 2.54% | 0.90% | -0.91% | 1.46% | 1.19% | 0.96% | 1.20% | 15.35% |
| 2018 | 1.14% | -2.14% | -0.43% | 0.34% | 0.82% | 0.24% | 1.51% | 0.81% | -0.23% | -3.09% | -0.59% | -5.14% | -6.76% |
| 2017 | 1.08% | 2.45% | 0.66% | 0.84% | -0.40% | 0.66% | 1.24% | -0.32% | 1.70% | 0.62% | 0.34% | 0.76% | 10.04% |
| 2016 | -4.04% | 1.19% | 5.79% | 1.62% | 1.51% | 1.92% | 2.90% | 1.44% | 0.25% | -0.85% | 1.43% | 2.07% | 16.01% |
| 2015 | -1.29% | 3.91% | -0.23% | 1.69% | -0.23% | -2.52% | -0.80% | -4.35% | -3.57% | 4.02% | 0.04% | -2.64% | -6.18% |
| 2014 | -0.08% | 2.60% | -0.12% | -0.12% | 1.21% | 2.62% | -2.25% | 2.22% | -3.59% | -0.21% | -0.48% | -3.86% | -2.30% |
| 2013 | 3.90% | 0.96% | 1.59% | 1.82% | -4.26% | -1.87% | 1.58% | -2.59% | 2.49% | 2.10% | 1.15% | 0.90% | 7.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of APIUX is 61, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
APIUX (Yorktown Multi-Sector Bond Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Yorktown Multi-Sector Bond Fund (APIUX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Yorktown Multi-Sector Bond Fund granted a 4.18% dividend yield in the last twelve months. The annual payout for that period amounted to $0.35 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.35 | $0.35 | $0.36 | $0.33 | $0.39 | $0.46 | $0.43 | $0.62 | $0.70 | $0.80 | $0.81 | $0.79 |
Dividend yield | 4.18% | 4.11% | 4.35% | 3.42% | 4.02% | 4.46% | 4.60% | 5.86% | 6.90% | 8.50% | 7.50% | 6.64% |
Monthly Dividends
The table displays the monthly dividend distributions for Yorktown Multi-Sector Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.06 | $0.03 | $0.03 | $0.00 | $0.12 | |||||||
| 2023 | $0.00 | $0.05 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2022 | $0.00 | $0.05 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.36 |
| 2021 | $0.00 | $0.05 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2020 | $0.00 | $0.05 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.05 | $0.39 |
| 2019 | $0.00 | $0.08 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.46 |
| 2018 | $0.00 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.43 |
| 2017 | $0.00 | $0.10 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.09 | $0.62 |
| 2016 | $0.00 | $0.08 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.05 | $0.06 | $0.70 |
| 2015 | $0.00 | $0.08 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.14 | $0.80 |
| 2014 | $0.00 | $0.08 | $0.07 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.15 | $0.81 |
| 2013 | $0.08 | $0.06 | $0.07 | $0.07 | $0.06 | $0.07 | $0.06 | $0.06 | $0.07 | $0.07 | $0.13 | $0.79 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Yorktown Multi-Sector 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 Multi-Sector Bond Fund was 33.38%, occurring on Mar 6, 2009. Recovery took 90 trading sessions.
The current Yorktown Multi-Sector Bond Fund drawdown is 6.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.38% | May 20, 2008 | 200 | Mar 6, 2009 | 90 | Jul 15, 2009 | 290 |
| -22.8% | Feb 21, 2020 | 22 | Mar 23, 2020 | 326 | Jul 8, 2021 | 348 |
| -20.73% | Jul 3, 2014 | 406 | Feb 11, 2016 | 223 | Dec 29, 2016 | 629 |
| -16.44% | Sep 23, 2021 | 272 | Oct 20, 2022 | — | — | — |
| -15.35% | Jun 1, 2011 | 87 | Oct 3, 2011 | 187 | Jun 29, 2012 | 274 |
Volatility
Volatility Chart
The current Yorktown Multi-Sector Bond Fund volatility is 1.29%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.