APIMX

About APIMX

Yorktown Short Term Bond Fund Class A is a mutual fund designed to provide investors with income while preserving capital. It primarily invests in a diversified portfolio of investment-grade debt securities, including U.S. government agency securities, mortgage-backed securities, and corporate bonds. The fund’s strategy is aimed at maximizing total return through both interest income and targeted capital growth, with a focus on short-term maturity bonds to help mitigate interest rate risk. This fund typically appeals to conservative, income-oriented investors seeking relatively stable returns with lower volatility compared to longer-term or equity-oriented investments. The fund has a monthly dividend payout schedule and a longstanding operating history since its inception in 1997. Notable features include a moderate expense ratio, a minimum initial investment requirement, and a consistently diversified portfolio comprising over 180 holdings. Its role in the financial market is to serve as a core fixed-income holding, offering a balance between stability and regular income, making it suitable for constructing the foundation of conservative or blended investment portfolios.