Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Yorktown Short Term Bond Institutional APIBX
- NAV / 1-Day Return 4.06 / +0.25 %
- Total Assets 244.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.850%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 2.51%
- Effective Duration 2.35 years
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0
Morningstar’s Analysis APIBX
Will APIBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 0.5% | 1.80 | 4.4 Mil | Government |
Societe Generale S.A. 4.25% | 1.20 | 2.9 Mil | Corporate |
CPS AUTO RECEIVABLES TRUST 2022-A 2.84% | 1.16 | 2.9 Mil | Securitized |
CCG RECEIVABLES TRUST 2.68% | 1.01 | 2.5 Mil | Securitized |
AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 1.34% | 0.97 | 2.4 Mil | Securitized |
CARVANA AUTO RECEIVABLES TRUST 2022-N1 4.13% | 0.89 | 2.2 Mil | Securitized |
CARMAX AUTO OWNER TRUST 1.48% | 0.83 | 2.0 Mil | Securitized |
Verizon Communications Inc. 6.6686% | 0.82 | 2.0 Mil | Corporate |
JPMorgan Chase & Co. 6.215% | 0.82 | 2.0 Mil | Corporate |
ING Groep N.V. 6.34% | 0.82 | 2.0 Mil | Corporate |