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API Multi-Asset Income Fund Class Institutional (APIIX)

10.15
Net Asset Value
-0.88%
1 Day
+4.00%
Year-to-Date
Overall Morningstar Rating
Allocation--30% to 50% equity
Style or Category
No Load
Sales Expenses
2.04%
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 limited credit risk. The adviser invests directly in equity or debt securities when the adviser 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+1.38% 3 years+2.63%
3 months+5.39% 5 years+3.76%
1 year-2.20% Since inception+4.64%
Data through --

Peer Comparisonvs. Allocation--30% to 50% equity

 APIIXCategory
Performance 5-yr return+3.76%+3.99%
Expense ratio2.04%1.22%
Risk 5 year sharpe ratio0.360.71
Net assets$659.7M$1.7B
Average market cap$1.8B$46.1B
Average P/E14.018.3
Portfolio turnover101%101%

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Fund Management and Purchase Info

Fund familyAmerican Pension Investors
Fund manager & tenureDavid Basten / 18 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income52.96%
U.S. stock40.30%
Other6.95%
International stock0.98%
Cash0.00%
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
-- 2.92%
BXMT Blackstone Mortgage Trust Inc1.59%
TWO Two Harbors Investment Corp1.50%
ACSF American Capital Senior Floating Ltd1.48%
CIM Chimera Investment Corp1.38%
PFF iShares U.S. Preferred Stock ETF1.34%
STWD Starwood Property Trust Inc1.33%
MAIN Main Street Capital Corp1.32%
GSBD Goldman Sachs BDC Inc1.28%
HTGC Hercules Capital Inc1.25%

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