Morningstar

Yorktown Multi-Sector Bond Instl APIIX

Morningstar Medalist Rating
Medalist Rating as of | See Yorktown Funds Investment Hub
  • NAV / 1-Day Return 9.27  /  0.00
  • Total Assets 328.2 Mil
  • Adj. Expense Ratio
    0.690%
  • Expense Ratio 0.700%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 4.25%
  • Effective Duration 4.81 years

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:16 PM GMT+0

Morningstar’s Analysis APIIX

Will APIIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable APIIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the APIIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of APIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Yorktown Multi-Sector Bond Instl's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings APIIX

More APIIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.625%

1.42 4.5 Mil
Government

Huntington Cons. Deposit

1.07 3.4 Mil
Cash and Equivalents

AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2.56%

0.92 2.9 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.5%

0.91 2.9 Mil
Securitized

GLS AUTO RECEIVABLES ISSUER TRUST 2021-1 3.14%

0.84 2.7 Mil
Securitized

HP Inc 6%

0.83 2.6 Mil
Corporate

Federal Home Loan Mortgage Corp. 6%

0.74 2.4 Mil
Securitized

Federal Home Loan Mortgage Corp. 3.5%

0.74 2.3 Mil
Securitized

Fnma Pass-Thru I 4%

0.66 2.1 Mil
Securitized

CARVANA AUTO RECEIVABLES TRUST 3.16%

0.66 2.1 Mil
Securitized

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