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Name

As of 01/26/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Sterling Capital Diversified Income Fund

BMGTX | Fund

$10.27

$9.98 M

3.80%

$0.21

0.57%

Vitals

YTD Return

2.3%

1 yr return

-1.3%

3 Yr Avg Return

1.4%

5 Yr Avg Return

3.9%

Net Assets

$9.98 M

Holdings in Top 10

83.5%

52 WEEK LOW AND HIGH

$10.3
$7.62
$10.54

Expenses

OPERATING FEES

Expense Ratio 0.57%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 38.04%

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 01/26/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Sterling Capital Diversified Income Fund

BMGTX | Fund

$10.27

$9.98 M

3.80%

$0.21

0.57%

BMGTX - Profile

Distributions

  • YTD Total Return 2.3%
  • 3 Yr Annualized Total Return 1.4%
  • 5 Yr Annualized Total Return 3.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.67%
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Sterling Capital Diversified Income Fund
  • Fund Family Name
    Sterling Capital Funds
  • Inception Date
    Oct 02, 1997
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Shane Burke

Fund Description

BMGTX - Performance

Return Ranking - Trailing

Period BMGTX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% -3.5% 4.8% 0.72%
1 Yr -1.3% -7.0% 53.6% 96.03%
3 Yr 1.4%* -0.6% 25.4% 96.15%
5 Yr 3.9%* 1.2% 21.2% 96.72%
10 Yr 4.2%* 1.6% 9.3% 94.13%

* Annualized

Return Ranking - Calendar

Period BMGTX Return Category Return Low Category Return High Rank in Category (%)
2023 -5.3% -10.6% 40.7% 95.30%
2022 5.4% -9.5% 22.1% 96.90%
2021 -8.5% -21.7% -2.6% 42.20%
2020 3.2% -7.3% 13.7% 85.77%
2019 4.3% -9.0% 23.3% 29.56%

Total Return Ranking - Trailing

Period BMGTX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% -3.5% 4.8% 0.72%
1 Yr -1.3% -10.0% 53.6% 94.04%
3 Yr 1.4%* -1.5% 25.4% 95.60%
5 Yr 3.9%* 0.8% 21.2% 95.56%
10 Yr 4.2%* 1.6% 9.3% 93.30%

* Annualized

Total Return Ranking - Calendar

Period BMGTX Return Category Return Low Category Return High Rank in Category (%)
2023 -5.3% -10.6% 40.7% 95.30%
2022 6.2% -9.5% 22.1% 94.57%
2021 -4.9% -21.7% -2.0% 31.00%
2020 6.8% -5.9% 16.6% 77.71%
2019 8.7% -5.0% 23.3% 19.56%

NAV & Total Return History

BMGTX - Holdings

Concentration Analysis

BMGTX Category Low Category High BMGTX % Rank
Net Assets 9.98 M 2.47 M 68.6 B 97.37%
Number of Holdings 17 2 19978 80.00%
Net Assets in Top 10 8.33 M 2.4 M 13 B 96.99%
Weighting of Top 10 83.47% 8.9% 100.0% 30.75%

Top 10 Holdings

  1. Voya Securitized Credit I 12.67%
  2. PGIM High Yield R6 10.64%
  3. Stone Ridge Hi Yld Reinsurance Risk PrmI 9.94%
  4. Madison Covered Call & Equity Income R6 9.46%
  5. Ashmore Emerging Markets Short Dur Instl 7.51%
  6. Shenkman Capital Floating Rt Hi Inc Inst 7.14%
  7. Vanguard High Dividend Yield ETF 6.85%
  8. First Trust Dow Jones Global Sel Div ETF 6.57%
  9. SPDR® S&P Global Dividend ETF 6.46%
  10. Invesco SteelPath MLP Select 40 R6 6.21%

Asset Allocation

Weighting Return Low Return High BMGTX % Rank
Bonds 		50.27% 0.00% 183.36% 54.16%
Stocks 		39.01% 0.66% 77.82% 58.41%
Cash 		9.24% -144.08% 34.13% 12.74%
Convertible Bonds 		0.68% 0.00% 52.36% 56.99%
Preferred Stocks 		0.47% 0.00% 66.51% 35.04%
Other 		0.33% -4.63% 36.40% 32.57%

Stock Sector Breakdown

Weighting Return Low Return High BMGTX % Rank
Energy 		23.40% 0.00% 23.40% 0.53%
Financial Services 		22.13% 0.00% 41.32% 1.77%
Consumer Defense 		8.88% 0.00% 22.17% 29.56%
Utilities 		7.12% 0.00% 34.62% 22.12%
Basic Materials 		7.06% 0.00% 26.28% 8.85%
Real Estate 		6.14% 0.00% 100.00% 38.23%
Communication Services 		6.03% 0.00% 17.83% 79.82%
Industrials 		5.47% 0.00% 22.22% 95.75%
Healthcare 		5.34% 0.00% 19.67% 95.58%
Technology 		4.53% 0.00% 62.50% 97.17%
Consumer Cyclical 		3.89% 0.00% 23.76% 86.73%

Stock Geographic Breakdown

Weighting Return Low Return High BMGTX % Rank
US 		27.99% 0.53% 68.90% 54.51%
Non US 		11.02% 0.00% 34.64% 47.08%

Bond Sector Breakdown

Weighting Return Low Return High BMGTX % Rank
Corporate 		53.12% 0.00% 97.39% 25.13%
Securitized 		19.46% 0.00% 47.90% 53.27%
Cash & Equivalents 		14.52% 0.06% 53.68% 23.01%
Government 		12.87% 0.00% 99.94% 79.47%
Derivative 		0.03% 0.00% 33.48% 46.73%
Municipal 		0.00% 0.00% 99.70% 100.00%

Bond Geographic Breakdown

Weighting Return Low Return High BMGTX % Rank
US 		32.01% 0.00% 84.28% 83.72%
Non US 		18.26% -12.10% 119.86% 10.27%

BMGTX - Expenses

Operational Fees

BMGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.57% 0.01% 6.06% 68.11%
Management Fee 0.25% 0.00% 1.39% 46.32%
12b-1 Fee 0.00% 0.00% 1.00% 6.00%
Administrative Fee 0.11% 0.01% 0.70% 55.13%

Sales Fees

BMGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

BMGTX 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.

BMGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 38.04% 5.00% 395.00% 45.12%

BMGTX - Distributions

Dividend Yield Analysis

BMGTX Category Low Category High BMGTX % Rank
Dividend Yield 3.80% 0.00% 4.60% 55.79%

Dividend Distribution Analysis

BMGTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

BMGTX Category Low Category High BMGTX % Rank
Net Income Ratio 4.67% -0.41% 6.42% 4.45%

Capital Gain Distribution Analysis

BMGTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

BMGTX - Fund Manager Analysis

Managers

Shane Burke

Start Date

Tenure

Tenure Rank

Jun 22, 2015

5.53

5.5%

Shane joined Sterling Capital Management in 2013 and has investment experience since 2002. Shane is a portfolio manager on Sterling's Advisory Solutions team with a focus on fixed income and also serves as co-portfolio manager of the Sterling Capital Diversified Income Fund. Prior to joining Sterling, he worked as a senior analyst at New England Pension Consultants (NEPC) and as a portfolio accountant with State Street Corporation. Shane received his B.S. in Finance from the University of North Carolina at Wilmington and his M.B.A. from San Francisco - Golden Gate University.

Brandon Carl

Start Date

Tenure

Tenure Rank

May 31, 2016

4.59

4.6%

Brandon joinedSterling Capital Management through merger in 2010. He has investment experience since 2001. Brandon is a portfolio manager on Sterling's Advisory Solutions team with a focus on equity and also serves as co-portfolio manager of the Sterling Capital Diversified Income Fund. Previously, he graduated from the BB&T leadership Development Program and was an equity analyst covering the healthcare and consumer staples sectors for BB&T Asset Management. Brandon received his B.S. in Finance and Management from the University of South Carolina. He is a CFA Charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 27.31 5.94 1.0

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