# EDGAR Filing Document

**Accession Number:** 0000764859
**File Stem:** 0001580642-25-006419
**Filing Date:** 2025-10
**Character Count:** 5287
**Document Hash:** a40a890e59c6163a10c65784361c8ae5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-25-006419.hdr.sgml**: 20251003

**ACCESSION NUMBER**: 0001580642-25-006419

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251003

**DATE AS OF CHANGE**: 20251003

**EFFECTIVENESS DATE**: 20251003

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN PENSION INVESTORS TRUST
- **CENTRAL INDEX KEY:** 0000764859

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-272214
- **FILM NUMBER:** 251374464

**BUSINESS ADDRESS:**
- **STREET 1:** 106 ANNJO COURT
- **STREET 2:** SUITE A
- **CITY:** FOREST
- **STATE:** VA
- **ZIP:** 24551
- **BUSINESS PHONE:** 434-846-1361

**MAIL ADDRESS:**
- **STREET 1:** 106 ANNJO COURT
- **STREET 2:** SUITE A
- **CITY:** FOREST
- **STATE:** VA
- **ZIP:** 24551

## Series and Classes Contracts Data

### Yorktown Growth Fund (Series ID: S000008424)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class L Shares      | APITX         | C000023126 |
| Class A Shares      | AFGGX         | C000023127 |
| Institutional Class | APGRX         | C000127241 |

---

### Yorktown Short Term Bond Fund (Series ID: S000008426)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class L Shares      | AFMMX         | C000023131 |
| Class A Shares      | APIMX         | C000023132 |
| Institutional Class | APIBX         | C000127242 |

---

### Yorktown Multi-Sector Bond Fund (Series ID: S000008428)

---

|  |  |  |
|:---|:---|:---|
| Class Name                 | Ticker Symbol | Class ID   |
| Class L Shares             | AFFIX         | C000023135 |
| Class A Shares             | APIUX         | C000023136 |
| Institutional Class Shares | APIIX         | C000085545 |
| Class C                    | AFFCX         | C000169022 |

---

### YORKTOWN SMALL-CAP FUND (Series ID: S000053763)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class A             | YOVAX         | C000169010 |
| Class L             | YOVLX         | C000169012 |
| Institutional Class | YOVIX         | C000169013 |

---

### Yorktown Treasury Advanced Total Return Fund (Series ID: S000069169)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Institutional Class | AATRX         | C000221013 |

---

## Series and Classes Contracts Data

### Yorktown Growth Fund (Series ID: S000008424)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000023126 | Class L Shares      | APITX           |
| C000023127 | Class A Shares      | AFGGX           |
| C000127241 | Institutional Class | APGRX           |

### Yorktown Short Term Bond Fund (Series ID: S000008426)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000023131 | Class L Shares      | AFMMX           |
| C000023132 | Class A Shares      | APIMX           |
| C000127242 | Institutional Class | APIBX           |

### Yorktown Multi-Sector Bond Fund (Series ID: S000008428)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000023135 | Class L Shares             | AFFIX           |
| C000023136 | Class A Shares             | APIUX           |
| C000085545 | Institutional Class Shares | APIIX           |
| C000169022 | Class C                    | AFFCX           |

### YORKTOWN SMALL-CAP FUND (Series ID: S000053763)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000169010 | Class A             | YOVAX           |
| C000169012 | Class L             | YOVLX           |
| C000169013 | Institutional Class | YOVIX           |

### Yorktown Treasury Advanced Total Return Fund (Series ID: S000069169)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000221013 | Institutional Class | AATRX           |

SUPPLEMENT

dated October 3, 2025 to the

Statement of Additional Information ("SAI")

dated May 31, 2025, as supplemented for

The Yorktown Funds (the "Funds")

(Class A, Class L and Institutional Class Shares)

Effective August 31, 2025, Charles D. Foster retired from his role as Treasurer/Chief Financial Officer of the Funds. Accordingly, effective as of such date, all references to Mr. Foster in the SAI are removed.

Also, effective August 31, 2025, M. Dennis Stratton will assume the role of Treasurer of the Funds.

Accordingly, the information regarding Mr. Stratton in the "OFFICERS WHO ARE NOT TRUSTEES" table on page 17 of the SAI is deleted and replaced as follows:

---

| | |
|:---|:---|
| Name of Officer:<br> Birth Year:<br> Positions held with Trust and Tenure:<br>Principal Occupation(s) for the last Five (5) Years: | M. Dennis Stratton <br> 1962 <br> Treasurer and Chief Financial Officer, August 2025 to present; Controller April 1989 – August 2025<br>Chief Financial Officer, Yorktown Management & Research Company, Inc., August 2025 to present; Controller, Yorktown Management & Research Company, Inc., April 1989 – August 2025 |

---

\* \* \* \* \*

Please retain this supplement with your Prospectus for future reference.