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15 important things you should know about Yorktown Funds APILX mutual fund

Updated: September 18, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • 10-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for APILX “stock” price, you can quickly find it out by visiting Finny and typing "APILX quote". If you’re looking for a quick scoop on APILX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "APILX". You’ll get all this info in one place.

Are you looking to buy or sell APILX? Or perhaps you’re looking for APILX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this APILX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: APILX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: APILX buy or sell; the pros and cons of investing in APILX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to APILX.

And here is the list of questions we’ll answer:

  1. Describe American Pension Investors Trust: API Master Allocation Fund; Class L Shares (APILX).
  2. What are APILX holdings?
  3. What is APILX performance? What are APILX historical returns?
  4. How many up and down years did APILX have historically?
  5. What is APILX dividend yield?
  6. What is APILX minimum initial investment amount?
  7. What is APILX expense ratio?
  8. Does APILX have any sales loads or 12b-1 distribution expenses?
  9. What is APILX tax efficiency (tax-cost ratio)?
  10. What is APILX beta? How would you assess APILX risk?
  11. What is APILX Sharpe ratio?
  12. What is APILX Finny Score? APILX buy or sell?
  13. What are the pros of investing in APILX? What are APILX buy reasons?
  14. What are the cons of investing in APILX? What are APILX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Pension Investors Trust: API Master Allocation Fund; Class L Shares (APILX).

The Fund seeks long-term capital appreciation and current income. The Fund seeks to achieve its objective by investing its assets in a variety of equity and debt securities while exercising a flexible strategy in the selection of investments that is not limited by investment style or asset class.

2. What are APILX top holdings?

APILX has 0 stock holdings and 0 bond holdings.

The top 3 holdings represent 99.77% of total assets. Here are the top holdings:

Name Symbol % Assets
Yorktown Growth Institutional APGRX 40.02%
Yorktown Capital Income Institutional AFAAX 37.67%
Yorktown Small-Cap Institutional YOVIX 22.08%

3. What is APILX performance? What are APILX historical returns?

APILX has generated the following returns:

  • 1-month return is 0.35%;
  • 3-month return is 5.02%;
  • 1-year return is 7.85%;
  • 3-year return is 3.60%;
  • 5-year return is 5.12%;
  • 10-year return is 6.29%.

4. How many up and down years did APILX have historically?

In the last 10 years, APILX had 7 up years and 3 down years. See Performances

5. What is APILX dividend yield?

APILX yield is 0%.

6. What is APILX minimum initial investment amount?

APILX minimum initial investment amount is N/A.

7. What is APILX expense ratio?

APILX expense ratio is 3.29%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses. See Expenses

8. Does APILX have any sales loads or 12b-1 distribution expenses?

APILX 12b-1 distribution fee is 1. APILX front-end sales load is 0. APILX back-end sales load is 0.

9. What is APILX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 6.81%;
  • 3-year ax cost ratio is 5.07%.

See Taxes

10. What is APILX beta? How would you assess APILX risk?

  • 3-year beta is 1.48;
  • 5-year beta is 1.50;
  • 10-year beta is 1.54.

See Risks

11. What is APILX Sharpe ratio?

  • 3-year Sharpe ratio is 0.07;
  • 5-year Sharpe ratio is 0.12;
  • 10-year Sharpe ratio is 0.48.

See Risks

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 6 reasons to sell it, resulting in the Finny Score of 0.

13. What are the pros of investing in APILX? What are APILX buy reasons?

We don't see any strong reasons to buy APILX.

14. What are the cons of investing in APILX? What are APILX negatives?

The following are APILX weaknesses from our perspective:

  • <strong>APILX net assets</strong> are $5.80 million. This fund is not a popular choice with retail investors.
  • <strong>APILX 3-year return</strong> is 3.6%, which is lower than the 3-year return of the benchmark index (MSCI World GR USD), 9.61%.
  • <strong>APILX 5-year return</strong> is 5.12%, which is lower than the 5-year return of the benchmark index (MSCI World GR USD), 11.25%.
  • <strong>APILX 10-year return</strong> is 6.29%, which is lower than the 10-year return of the benchmark index (MSCI World GR USD), 10.71%.
  • <strong>APILX expense ratio</strong> is 3.29%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 sales fee. The maximum 12b1 fee is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund.
In the APILX review, we covered APILX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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