Funds & Performance
Short Term Bond Fund
The Short Term Bond Fund is a short duration investment grade bond portfolio that focuses on preserving capital while generating consistent monthly income. The fund can invest globally and in all market capitalizations. As a result, Yorktown is able to seek the best opportunities for above average yield with less sensitivity to interest rate risk and credit risk.
The fund is generally appropriate for conservative, income-oriented investors who want to generate above-average income while limiting credit and interest rate risk.
Reasons to Consider the Short Term Bond Fund
- The Fund focuses on preserving capital while generating consistent
- Generally appropriate for conservative, income-oriented investors while looking for principal stability.
- The Fund primarily invests in investment grade debt securities
of various types.
OVERALL (4 STARS) OUT OF 382 FUNDS IN CATEGORY
5 YEAR (4 STARS) OUT OF 463 FUNDS IN CATEGORY
|Morningstar Category:||Short Term Bond|
|Class||Ticker||YTD6||1 Year6||3 Year6||5 Year||10 Year||Inception|
|Class||Ticker||YTD4||1 Year4||3 Year4||5 Year||10 Year||Inception|
Unsubsidized: reflects the income earned during a 30 Day period, after the deduction of the fund’s gross expenses.
1without Sales Charge 2with Sales Charge 2.25% 3Inception Date 5/31/2013,
4 This fund experienced a significant change in its investment strategy and/or legal structure as of 12/31/2011.
Annual Operating Expenses: Per the most current prospectus, amended October 16, 2017 (1) Fund total operating expense ratios before fee waivers are: Class A, 1.20%; Class L, 2.20%; Institutional Class, 1.20% and (2) In addition, the Adviser has entered into a one-year contractual expense limitation agreement with the Trust, effective October 16, 2017, so that the Fund’s ratios of total annual operating expenses in limited to: Class A, 0.89%; Class L, 1.89%; Institutional Class, 0.89%
The performance data quoted represents past performance and does not
guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-800-544-6060.
Read important information about results and other investment disclosures
|Less than $100K||2.25%|
|$100K but less than $250K||1.75%|
|$250K but less than $500K||1.25%|
|$500K and above*||0.00%|
* Finder’s Fee. See Prospectus or call
the Sales Desk
We employ a fixed income approach using three primary characteristics: broad diversification, attractive yield spreads and potential upgrades in quality ratings.
Analysis of sector spreads, business cycles and debt distribution helps us uncover attractive individual issues and markets with above average yields from around the world.
David D. Basten