Part 1) Managers of the AMERICAN PENSION INVESTORS TRUST for the twelve month reporting period ending on June 30th, 2015 voted the fund's proxy ballots against 100% of shareholder proposals for all companies in which the fund was invested.
TRUE OR FALSE
Part 2) Managers of the AMERICAN PENSION INVESTORS TRUST for the twelve month reporting period ending on June 30th, 2015 had the voted their proxy ballots against current management only 5% of the time.
TRUE OF FALSE