Yorktown Funds

An area of strength at Yorktown Funds is its tenured portfolio management team, which boasts 23 years of average tenure at the firm. This experience builds confidence as long-tenured managers have been through multiple market cycles. A negative contributor to Yorktown Funds's rating is its lower-than-average portfolio management retention over the past five years, as elevated turnover bears watching. Lofty fees for the firm's open-end and exchange-traded funds are a weakness, contributing negatively to Yorktown Funds's rating and creating a larger performance hurdle. The firm's fund fees, on average, fall within the second most-expensive quintile of similarly distributed strategies.