API Efficient Frontier Income Fund Institutional Class (APIIX)

12.38
Net Asset Value
+0.16%
1 Day
+0.90%
Year-to-Date
Overall Morningstar Rating
Conservative allocation
Style or Category
No Load
Sales Expenses
1.57%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks current income with limited credit risk. The fund invests in securities that, in the Adviser's opinion, offer the opportunity for current income with somewhat limited credit risk. The adviser invests directly in equity or debt securities when it believes attractive investment opportunities exist. The adviser may sell a security or redeem shares of an underlying fund given a variety of circumstances.

Performance

1 month+0.16% 3 years+7.41%
3 months+1.07% 5 years--
1 year+4.98% Since inception+8.50%
Data through --

Peer Comparisonvs. Conservative allocation

 APIIXCategory
Performance 5-yr return--+11.15%
Expense ratio1.57%1.32%
Risk 5 year sharpe ratio1.561.59
Net assets$736.2M$1.4B
Average market cap$1.6B$43.9B
Average P/E10.917.1
Portfolio turnover59%59%

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Fund Management and Purchase Info

Fund familyAmerican Pension Investors
Fund manager & tenureDavid Basten / 16 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment$0.00

Holdings

U.S. stock48.59%
Fixed income41.77%
Other6.05%
International stock2.62%
Cash0.96%
Top 5 Sectors
Portfolio weighting
Financial service 73.48%
Energy 11.66%
Industrial materials 6.33%
Telecommunication 5.21%
Healthcare 0.90%
Top 10 Holdings
Portfolio weighting
HYS PIMCO 0-5 Year High Yld Corp Bd Idx ETF2.92%
HYLD AdvisorShares Peritus High Yield ETF2.75%
NRF Northstar Realty Finance Corporation2.34%
ARCC Ares Capital Corporation1.91%
SLRC Solar Capital Ltd.1.70%
-- First Data 12.625%1.64%
CODI Compass Diversified Holdings1.58%
FSC Fifth Street Finance Corporation1.54%
NRZ New Residential Investment Corp1.50%
AI Arlington Asset Investment Corp.1.47%

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