Sterling Capital KY Interm Tax-Free I
Name
As of 01/26/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.3%
1 yr return
4.5%
3 Yr Avg Return
3.6%
5 Yr Avg Return
2.8%
Net Assets
$9.64 M
Holdings in Top 10
40.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 7.76%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 01/26/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BKITX - Profile
Distributions
- YTD Total Return -0.3%
- 3 Yr Annualized Total Return 3.6%
- 5 Yr Annualized Total Return 2.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.77%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSterling Capital Kentucky Intermediate Tax-Free Fund
-
Fund Family NameSterling Capital Funds
-
Inception DateFeb 24, 2003
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRobert Millikan
Fund Description
BKITX - Performance
Return Ranking - Trailing
Period | BKITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.3% | -0.8% | 2.1% | 99.94% |
1 Yr | 4.5% | -1.0% | 10.1% | 37.41% |
3 Yr | 3.6%* | -0.4% | 9.8% | 58.34% |
5 Yr | 2.8%* | -0.3% | 7.8% | 67.60% |
10 Yr | 3.2%* | -0.1% | 10.2% | 77.16% |
* Annualized
Return Ranking - Calendar
Period | BKITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.3% | -2.8% | 310.0% | 20.16% |
2022 | 3.6% | -0.3% | 15.4% | 55.32% |
2021 | -2.2% | -10.3% | 97.2% | 50.29% |
2020 | 0.5% | -100.0% | 7.6% | 81.40% |
2019 | -3.7% | -7.9% | 96.8% | 85.33% |
Total Return Ranking - Trailing
Period | BKITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.3% | -0.8% | 2.1% | 99.94% |
1 Yr | 4.5% | -5.0% | 10.1% | 27.47% |
3 Yr | 3.6%* | -2.4% | 9.8% | 46.00% |
5 Yr | 2.8%* | -1.4% | 7.8% | 56.49% |
10 Yr | 3.2%* | -0.1% | 10.2% | 74.52% |
* Annualized
Total Return Ranking - Calendar
Period | BKITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.3% | -2.8% | 310.0% | 20.16% |
2022 | 3.6% | -0.3% | 15.4% | 56.75% |
2021 | -1.6% | -10.3% | 11.0% | 30.62% |
2020 | 0.8% | -100.0% | 7.6% | 76.47% |
2019 | -2.4% | -7.9% | 3.0% | 36.85% |
NAV & Total Return History
BKITX - Holdings
Concentration Analysis
BKITX | Category Low | Category High | BKITX % Rank | |
---|---|---|---|---|
Net Assets | 9.64 M | 582 K | 81.8 B | 99.04% |
Number of Holdings | 37 | 3 | 10805 | 97.96% |
Net Assets in Top 10 | 3.92 M | -199 M | 4.06 B | 95.59% |
Weighting of Top 10 | 40.69% | 2.4% | 100.0% | 5.05% |
Top 10 Holdings
- Federated Hermes Treasury Obl IS 10.70%
- MURRAY KY INDPT SCH DIST FIN CORP SCH BLDG REV 5% 3.90%
- KENTUCKY ASSN OF CNTYS FIN CORP FING PROG REV 4% 3.67%
- EASTERN KY UNIV GEN RCPTS 5% 3.54%
- KENTUCKY ST PPTY & BLDGS COMMN REVS 5% 3.39%
- LAUREL CNTY KY 5% 3.27%
- CAMPBELL & KENTON CNTYS KY SANT DIST NO 1 REV 5% 3.22%
- KENTUCKY ST PPTY & BLDGS COMMN REVS 5% 3.22%
- LEXINGTON-FAYETTE URBAN CNTY KY GOVT PUB FACS CORP MTG REV 5% 3.19%
- LOUISVILLE & JEFFERSON CNTY KY METRO GOVT 5% 3.18%
Asset Allocation
Weighting | Return Low | Return High | BKITX % Rank | |
---|---|---|---|---|
Bonds | 85.85% | 15.80% | 147.66% | 97.80% |
Cash | 14.15% | -47.66% | 84.20% | 2.37% |
Stocks | 0.00% | 0.00% | 2.07% | 57.23% |
Preferred Stocks | 0.00% | -0.96% | 1.04% | 54.72% |
Other | 0.00% | -13.58% | 13.72% | 55.34% |
Convertible Bonds | 0.00% | 0.00% | 1.44% | 55.23% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BKITX % Rank | |
---|---|---|---|---|
Municipal | 85.85% | 15.02% | 100.00% | 96.27% |
Cash & Equivalents | 14.15% | 0.00% | 84.20% | 3.22% |
Derivative | 0.00% | 0.00% | 0.85% | 55.06% |
Securitized | 0.00% | 0.00% | 6.51% | 55.85% |
Corporate | 0.00% | 0.00% | 15.75% | 62.01% |
Government | 0.00% | 0.00% | 84.56% | 57.83% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BKITX % Rank | |
---|---|---|---|---|
US | 85.85% | 15.80% | 141.34% | 95.14% |
Non US | 0.00% | 0.00% | 26.53% | 89.49% |
BKITX - Expenses
Operational Fees
BKITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.70% | 0.01% | 16.95% | 58.24% |
Management Fee | 0.35% | 0.00% | 1.10% | 25.72% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 10.63% |
Administrative Fee | 0.11% | 0.01% | 0.47% | 47.05% |
Sales Fees
BKITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 5.50% | N/A |
Trading Fees
BKITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BKITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 7.76% | 0.00% | 299.40% | 8.24% |
BKITX - Distributions
Dividend Yield Analysis
BKITX | Category Low | Category High | BKITX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.75% | 57.51% |
Dividend Distribution Analysis
BKITX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
BKITX | Category Low | Category High | BKITX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.77% | -1.65% | 6.48% | 78.47% |
Capital Gain Distribution Analysis
BKITX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2019 | $0.018 | |
Mar 01, 2019 | $0.016 | |
Feb 01, 2019 | $0.018 | |
Jan 02, 2019 | $0.018 | |
Dec 03, 2018 | $0.017 | |
Nov 01, 2018 | $0.018 | |
Sep 04, 2018 | $0.018 | |
Aug 01, 2018 | $0.018 | |
Jul 02, 2018 | $0.018 | |
Jun 01, 2018 | $0.018 | |
May 01, 2018 | $0.018 | |
Apr 02, 2018 | $0.019 | |
Mar 01, 2018 | $0.017 | |
Feb 01, 2018 | $0.019 | |
Jan 02, 2018 | $0.019 | |
Dec 01, 2017 | $0.019 | |
Nov 01, 2017 | $0.020 | |
Oct 02, 2017 | $0.020 | |
Sep 01, 2017 | $0.020 | |
Aug 01, 2017 | $0.020 | |
Jul 03, 2017 | $0.019 | |
Jun 01, 2017 | $0.020 | |
May 01, 2017 | $0.019 | |
Apr 03, 2017 | $0.019 | |
Mar 01, 2017 | $0.017 | |
Feb 01, 2017 | $0.019 | |
Jan 03, 2017 | $0.020 | |
Dec 01, 2016 | $0.019 | |
Nov 01, 2016 | $0.020 | |
Oct 03, 2016 | $0.020 | |
Sep 01, 2016 | $0.021 | |
Aug 01, 2016 | $0.022 | |
Jul 01, 2016 | $0.021 | |
Jun 01, 2016 | $0.022 | |
May 02, 2016 | $0.021 | |
Apr 01, 2016 | $0.022 | |
Mar 01, 2016 | $0.021 | |
Feb 01, 2016 | $0.023 | |
Jan 04, 2016 | $0.023 | |
Dec 01, 2015 | $0.023 | |
Nov 02, 2015 | $0.024 | |
Oct 01, 2015 | $0.022 | |
Sep 01, 2015 | $0.023 | |
Aug 03, 2015 | $0.023 | |
Jul 01, 2015 | $0.022 | |
Jun 01, 2015 | $0.024 | |
May 01, 2015 | $0.023 | |
Apr 01, 2015 | $0.024 | |
Mar 02, 2015 | $0.022 | |
Feb 02, 2015 | $0.024 | |
Jan 02, 2015 | $0.025 | |
Dec 01, 2014 | $0.024 | |
Nov 03, 2014 | $0.025 | |
Oct 01, 2014 | $0.024 | |
Sep 02, 2014 | $0.025 | |
Aug 01, 2014 | $0.025 | |
Jul 01, 2014 | $0.024 | |
Jun 02, 2014 | $0.025 | |
May 01, 2014 | $0.024 | |
Apr 01, 2014 | $0.025 | |
Mar 03, 2014 | $0.022 | |
Feb 03, 2014 | $0.025 | |
Jan 02, 2014 | $0.024 | |
Dec 02, 2013 | $0.024 | |
Nov 01, 2013 | $0.025 | |
Oct 01, 2013 | $0.024 | |
Sep 03, 2013 | $0.023 | |
Aug 01, 2013 | $0.022 | |
Jul 01, 2013 | $0.021 | |
Jun 03, 2013 | $0.023 | |
May 01, 2013 | $0.022 | |
Apr 01, 2013 | $0.023 | |
Mar 01, 2013 | $0.020 | |
Feb 01, 2013 | $0.023 | |
Jan 02, 2013 | $0.023 | |
Dec 03, 2012 | $0.023 | |
Nov 01, 2012 | $0.024 | |
Oct 01, 2012 | $0.023 | |
Sep 04, 2012 | $0.023 | |
Aug 01, 2012 | $0.024 | |
Jul 02, 2012 | $0.023 | |
Jun 01, 2012 | $0.025 | |
May 01, 2012 | $0.024 | |
Apr 02, 2012 | $0.024 | |
Mar 01, 2012 | $0.023 | |
Feb 01, 2012 | $0.026 | |
Jan 03, 2012 | $0.026 | |
Dec 01, 2011 | $0.025 | |
Nov 01, 2011 | $0.026 | |
Oct 03, 2011 | $0.025 | |
Sep 01, 2011 | $0.027 | |
Aug 01, 2011 | $0.027 | |
Jul 01, 2011 | $0.026 | |
Jun 01, 2011 | $0.027 | |
May 02, 2011 | $0.026 | |
Apr 01, 2011 | $0.028 | |
Mar 01, 2011 | $0.025 | |
Feb 01, 2011 | $0.026 | |
Jan 03, 2011 | $0.027 | |
Dec 01, 2010 | $0.026 | |
Nov 01, 2010 | $0.027 | |
Oct 01, 2010 | $0.025 | |
Sep 01, 2010 | $0.027 | |
Aug 02, 2010 | $0.026 | |
Jul 01, 2010 | $0.025 | |
Jun 01, 2010 | $0.026 | |
May 03, 2010 | $0.026 | |
Apr 01, 2010 | $0.027 | |
Mar 01, 2010 | $0.025 | |
Feb 01, 2010 | $0.027 | |
Jan 04, 2010 | $0.027 | |
Dec 01, 2009 | $0.027 | |
Nov 02, 2009 | $0.028 | |
Oct 01, 2009 | $0.027 | |
Sep 01, 2009 | $0.028 | |
Aug 03, 2009 | $0.029 | |
Jul 01, 2009 | $0.029 | |
Jun 01, 2009 | $0.031 | |
May 01, 2009 | $0.029 | |
Apr 01, 2009 | $0.031 | |
Mar 02, 2009 | $0.027 | |
Feb 02, 2009 | $0.030 | |
Jan 02, 2009 | $0.030 | |
Dec 01, 2008 | $0.029 | |
Nov 03, 2008 | $0.031 | |
Oct 01, 2008 | $0.030 | |
Aug 29, 2008 | $0.030 | |
Aug 01, 2008 | $0.029 | |
Jul 01, 2008 | $0.028 | |
Jun 02, 2008 | $0.029 | |
May 01, 2008 | $0.027 | |
Apr 01, 2008 | $0.028 | |
Mar 03, 2008 | $0.026 | |
Feb 01, 2008 | $0.029 | |
Jan 02, 2008 | $0.029 | |
Dec 03, 2007 | $0.028 | |
Nov 01, 2007 | $0.029 | |
Oct 01, 2007 | $0.028 | |
Sep 04, 2007 | $0.030 | |
Aug 01, 2007 | $0.030 | |
Jul 02, 2007 | $0.029 | |
Jun 01, 2007 | $0.030 | |
May 01, 2007 | $0.028 | |
Apr 02, 2007 | $0.030 | |
Mar 01, 2007 | $0.027 | |
Feb 01, 2007 | $0.030 | |
Jan 03, 2007 | $0.033 | |
Dec 01, 2006 | $0.028 | |
Nov 01, 2006 | $0.029 | |
Oct 02, 2006 | $0.028 | |
Sep 01, 2006 | $0.029 | |
Aug 01, 2006 | $0.029 | |
Jul 03, 2006 | $0.027 | |
Jun 01, 2006 | $0.028 | |
May 01, 2006 | $0.027 | |
Apr 03, 2006 | $0.028 | |
Mar 01, 2006 | $0.025 | |
Feb 01, 2006 | $0.028 | |
Dec 30, 2005 | $0.027 | |
Dec 01, 2005 | $0.026 | |
Nov 01, 2005 | $0.026 | |
Oct 03, 2005 | $0.025 | |
Sep 01, 2005 | $0.025 | |
Aug 01, 2005 | $0.025 | |
Jul 01, 2005 | $0.024 | |
Jun 01, 2005 | $0.025 | |
May 02, 2005 | $0.025 | |
Apr 01, 2005 | $0.025 | |
Mar 01, 2005 | $0.023 | |
Feb 01, 2005 | $0.024 | |
Jan 03, 2005 | $0.023 | |
Dec 01, 2004 | $0.023 | |
Nov 01, 2004 | $0.023 | |
Oct 01, 2004 | $0.022 | |
Sep 01, 2004 | $0.026 | |
Aug 02, 2004 | $0.020 | |
Jul 01, 2004 | $0.021 | |
Jun 01, 2004 | $0.023 | |
May 03, 2004 | $0.022 | |
Apr 01, 2004 | $0.023 | |
Mar 01, 2004 | $0.026 | |
Feb 02, 2004 | $0.026 | |
Jan 02, 2004 | $0.026 | |
Dec 01, 2003 | $0.025 | |
Nov 03, 2003 | $0.025 | |
Oct 01, 2003 | $0.025 | |
Sep 02, 2003 | $0.024 | |
Aug 01, 2003 | $0.023 | |
Jul 01, 2003 | $0.020 | |
Jun 02, 2003 | $0.018 | |
May 01, 2003 | $0.016 | |
Apr 01, 2003 | $0.012 | |
Mar 03, 2003 | $0.002 |
BKITX - Fund Manager Analysis
Managers
Robert Millikan
Start Date
Tenure
Tenure Rank
Feb 24, 2003
17.86
17.9%
Robert F. Millikan, CFA, Executive Director, joined BB&T Asset Management in 2000 and Sterling Capital Management through merger in October 2010. He has investment experience since 1990. Bob is responsible for managing the state-specific municipal bond fund portfolios for Sterling Capital Funds as well as for the tax-free funds’ investment policy, research and management. Prior to joining BB&T, he worked for First Citizens Bank as Vice President and Fixed Income Portfolio Manager for both taxable and tax-exempt accounts. Bob is a graduate of Wake Forest University where he received his BA in Economics. He is a past President of the North Carolina Society of Financial Analysts and also a past Chairman of the Board of Directors for the Carolinas Municipal Advisory Council. He is a CFA charterholder. He is currently serving on the CFA North Carolina Strategic Advisory Board.
Mike McVicker
Start Date
Tenure
Tenure Rank
Feb 01, 2016
4.92
4.9%
Mr. McVicker is an Executive Director and Senior Municipal Credit Analyst with additional responsibilities for credits that crossover into the taxable market with Sterling Capital. He joined Sterling Capital in 1992. Prior to joining the fixed income team, he was Sterling’s Director of Operations managing the client reporting and performance team. He has investment experience since 1992 and holds a B.S.B.A. in Finance with a minor in Psychology from the University of North Carolina – Charlotte.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.06 | 35.78 | 6.92 | 0.16 |