News + Insights
Visit often for Yorktown Funds media coverage, announcements and investment news.
News + Insights
Says Michael Borgen, Chief Investment Officer of Sapphire Star Capital and Portfolio Manager for the Yorktown Small-Cap fund.
When prompted by the Wall Street Journal, Mr. Borgen cited the recent concerns over trade tensions and geopolitical worries as the two largest factors that could lead to a lackluster 2019…READ MORE
Chief Investment Officer Michael Borgen launched Sapphire Star Capital in 2015 after almost two decades at Navellier & Associates.
The $53 Million Sapphire Star Small Cap strategy, which is available via the $29 Million Yorktown Small-Cap fund, holds a concentrated portfolio of 44 holdings. It aims to identify misplaced small-cap stocks…READ MORE
08-31-2017 Insights by David Basten
Are your clients judging long-term investments with an eye toward short-term performance?
Are they making it difficult for you to manage their investments to achieve long-term objectives that are both feasible and worthwhile?
Yorktown Funds can help you address these questions. We can help you inform your clients about the importance of a long-term…READ MORE
— After Three Decades, API Funds Renamed Yorktown Funds —
Riding a wave of consistent growth of assets under management and of its distribution network, the Virginia based asset management firm announced today that it will consolidate its API and Yorktown…READ MORE
Longtime fundster Dave Basten, founder, president and chief investment officer of Yorktown Funds, just brought on his former mentee, J. Dale Harvey, to be a PM of theYorktown Mid Cap Fund.
As the Basten’s story goes, Harvey appeared in his office when he was 14 years old. He came along, sans parents, and asked numerous questions about the asset management industry. READ MORE
Yorktown Funds, a boutique asset management fund family and subsidiary of API Funds, has announced that Dale Harvey, founder and CIO of Poplar Forest Capital, will serve as Portfolio Manager to the Yorktown Mid Cap Fund (YWBIX), which will be sub-advised by Poplar Forest.
For one, the money can be just as liquid–unless, of course, you need to write a check today. Suppose you need $2,000 for car repairs. You could move $2,000 as of the end of today from your short-term bond fund into your money-market fund held at the same institution and use the funds tomorrow to write a check to cover these expenses. READ MORE
Dave Basten, managing director of API Funds, confirms that Lynchburg, Virginia-based API has created the subadvised Yorktown Funds family. In terms of new Yorktown offerings and subadvisors to power them, fixed
income and international are both possibilities, Basten says, and they could multi-manager or single-manager subadvised funds. READ MORE
A decade ago the basic concept of a multi-asset income fund was dramatically different. Multi-asset funds evolved from traditional balanced funds, a mix of equities and bonds. Back then, it was pretty much just the basic binary decision between stocks and bonds. How much did you hold of each asset class as a reflection of your macro view? READ MORE