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API Efficient Frontier Income Fund Institutional Class (APIIX)

10.88
Net Asset Value
0.00%
1 Day
-3.03%
Year-to-Date
Overall Morningstar Rating
Conservative allocation
Style or Category
No Load
Sales Expenses
2.09%
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 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-0.73% 3 years+3.93%
3 months-3.36% 5 years+5.69%
1 year-5.93% Since inception+5.73%
Data through --

Peer Comparisonvs. Conservative allocation

 APIIXCategory
Performance 5-yr return+5.69%+7.00%
Expense ratio2.09%1.22%
Risk 5 year sharpe ratio0.851.21
Net assets$854.5M$1.6B
Average market cap$1.7B$40.5B
Average P/E10.718.5
Portfolio turnover50%50%

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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 income48.56%
U.S. stock43.20%
Other3.96%
International stock3.38%
Cash0.89%
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
NRZ New Residential Investment Corp2.32%
TWO Two Harbors Investment Corp1.76%
AINV Apollo Investment Corp1.55%
CIM Chimera Investment Corp1.48%
SLRC Solar Capital Ltd1.40%
TCPC TCP Capital Corp1.24%
STWD Starwood Property Trust Inc1.19%
TCAP Triangle Capital Corp1.17%
ARCC Ares Capital Corp1.16%
FSIC FS Investment Corp1.15%