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 Multi-Sector Bond A APIUX
- NAV / 1-Day Return 8.48 / 0.00
- Total Assets 307.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.200%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.22%
- Effective Duration 4.73 years
USD | NAV as of Jun 25, 2024 | 1-Day Return as of Jun 25, 2024, 10:12 PM GMT+0
Morningstar’s Analysis APIUX
Will APIUX 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 8.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 0.75% | 1.43 | 4.4 Mil | Government |
AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2.56% | 0.96 | 2.9 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.5% | 0.94 | 2.9 Mil | Securitized |
GLS AUTO RECEIVABLES ISSUER TRUST 3.14% | 0.87 | 2.7 Mil | Securitized |
HP Inc 6% | 0.84 | 2.6 Mil | Corporate |
Federal Home Loan Mortgage Corp. 6% | 0.79 | 2.4 Mil | Securitized |
Federal Home Loan Mortgage Corp. 3.5% | 0.75 | 2.3 Mil | Securitized |
Fnma Pass-Thru I 4% | 0.68 | 2.1 Mil | Securitized |
CARVANA AUTO RECEIVABLES TRUST 3.16% | 0.68 | 2.1 Mil | Securitized |
Brighthouse Financial Inc. 4.7% | 0.67 | 2.0 Mil | Corporate |