Funds Ranked No. 1

BOK Investment Advisers Inc., the investment arm affiliated with Bank of Arkansas, recently saw its American Performance Short Term Income Fund ranked No. 1 out of 93 in Lipper Analytical Service’s Short Term Investment Grade Debt Funds category. The rankings were for the five-year period ending in December.

It was the third straight year the fund rated Lipper’s top performer in that category.

The fund averaged an annual return of 5.96 percent over the five-year period, outperforming the category average of 4.95 percent. The Lipper ranking is based on total return and does not reflect a sales charge.

The APSTIF has an average maturity of two years with a 30-day yield of 3.82 percent and only requires a $1,000 initial investment.