BBSCX: Sterling Capital Short Duration Bond Fund - MutualFunds.com

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Sterling Capital Short Duration Bond C

BBSCX - Snapshot

Vitals

  • YTD Return 1.7%
  • 3 Yr Annualized Return 2.3%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $185 M
  • Holdings in Top 10 12.9%

52 WEEK LOW AND HIGH

$8.78
$8.26
$8.79

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.52%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 29.74%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Compare BBSCX to Popular U.S. Short-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$11.00

0.00%

$67.93 B

2.30%

$0.25

2.52%

-

$82.73

-0.02%

$60.08 B

2.03%

$1.68

2.73%

-

$10.86

0.00%

$60.08 B

-

$0.00

2.74%

-

$4.20

0.00%

$55.82 B

2.93%

$0.12

-0.24%

-

$82.99

0.00%

$41.35 B

2.58%

$2.14

2.47%

-

BBSCX - Profile

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.39%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Sterling Capital Short Duration Bond Fund
  • Fund Family Name
    Sterling Capital Funds
  • Inception Date
    Feb 01, 2012
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark Montgomery

Fund Description

The fund normally invests at least 80% of its net assets plus borrowings for investment purposes in investment grade fixed income securities (bonds). It will invest in municipal securities, convertible securities, including convertible bonds and preferred stocks, and cash equivalents. The fund may invest up to 15% of its total assets in bonds that are below investment grade, which are commonly referred to as "high yield" or "junk" bonds, and non-dollar denominated foreign and emerging market securities. It will maintain an average duration between 1 and 3 years.


BBSCX - Performance

Return Ranking - Trailing

Period BBSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -8.6% 206.0% 49.57%
1 Yr 3.1% -4.7% 8.6% 71.07%
3 Yr 2.3%* 0.7% 4.8% 86.36%
5 Yr 1.7%* 0.4% 5.5% 91.15%
10 Yr 1.1%* 0.3% 4.3% 90.36%

* Annualized

Return Ranking - Calendar

Period BBSCX Return Category Return Low Category Return High Rank in Category (%)
2019 1.8% -2.4% 5.0% 57.22%
2018 -1.6% -50.6% 1.0% 65.76%
2017 -0.9% -1.6% 2.8% 94.93%
2016 -0.8% -65.8% 7.1% 95.31%
2015 -2.3% -75.0% 3.0% 84.52%

Total Return Ranking - Trailing

Period BBSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -8.6% 206.0% 49.91%
1 Yr 2.1% -6.3% 8.6% 75.08%
3 Yr 2.3%* -0.4% 4.8% 78.99%
5 Yr 1.7%* 0.1% 5.5% 87.76%
10 Yr 1.1%* 0.2% 4.3% 89.40%

* Annualized

Total Return Ranking - Calendar

Period BBSCX Return Category Return Low Category Return High Rank in Category (%)
2019 1.8% -2.3% 7.2% 59.18%
2018 -1.6% -4.2% 6.5% 72.15%
2017 -0.9% -1.6% 5.9% 95.14%
2016 -0.8% -65.2% 10.7% 96.88%
2015 -2.3% -7.0% 3.5% 88.57%

NAV & Total Return History


BBSCX - Holdings

Concentration Analysis

BBSCX Category Low Category High BBSCX % Rank
Net Assets 185 M 4.4 M 67.9 B 76.57%
Number of Holdings 199 3 4728 73.96%
Net Assets in Top 10 23.5 M -168 M 7.13 B 86.73%
Weighting of Top 10 12.86% 2.3% 100.0% 81.70%

Top 10 Holdings

  1. Federated Hermes Treasury Obl IS 1.70%
  2. ENTERPRISE FLEET FINANCING LLC 3.07% 1.69%
  3. Bank of America Corporation 3% 1.52%
  4. Bank of America Corporation 0.98% 1.51%
  5. AT&T Inc 4.45% 1.22%
  6. Ford Credit Auto Owner Trust 2.62% 1.18%
  7. CALIFORNIA ST 2.5% 1.14%
  8. FLA WTR POLLUTION CTL FING CORP REV 2% 1.13%
  9. SANTANDER DRIVE AUTO RECEIVABLES TRUST 0.96% 1.10%
  10. SANTANDER DRIVE AUTO RECEIVABLES TRUST 0.69% 1.10%

Asset Allocation

Weighting Return Low Return High BBSCX % Rank
Bonds
94.98% 0.00% 174.49% 31.18%
Convertible Bonds
3.08% 0.00% 32.87% 26.04%
Cash
1.47% -77.41% 100.00% 80.43%
Preferred Stocks
0.47% 0.00% 52.40% 4.15%
Stocks
0.00% 0.00% 6.71% 99.83%
Other
0.00% -6.41% 20.06% 95.85%

Bond Sector Breakdown

Weighting Return Low Return High BBSCX % Rank
Corporate
56.39% 0.00% 99.99% 19.07%
Securitized
27.91% 0.00% 92.39% 56.72%
Municipal
13.24% 0.00% 19.46% 1.49%
Cash & Equivalents
1.70% 0.00% 100.00% 90.38%
Government
0.76% 0.00% 78.98% 89.05%
Derivative
0.00% 0.00% 27.60% 99.50%

Bond Geographic Breakdown

Weighting Return Low Return High BBSCX % Rank
US
81.31% 0.00% 140.37% 53.90%
Non US
13.67% -22.36% 78.41% 44.61%

BBSCX - Expenses

Operational Fees

BBSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.52% 0.01% 34.57% 14.90%
Management Fee 0.30% 0.00% 1.19% 43.23%
12b-1 Fee 1.00% 0.00% 1.00% 99.69%
Administrative Fee 0.11% 0.01% 0.50% 67.80%

Sales Fees

BBSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 1.00% 0.50% 5.00% 92.86%

Trading Fees

BBSCX 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.

BBSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 29.74% 0.00% 496.37% 13.18%

BBSCX - Distributions

Dividend Yield Analysis

BBSCX Category Low Category High BBSCX % Rank
Dividend Yield 0.00% 0.00% 3.53% 99.50%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

BBSCX Category Low Category High BBSCX % Rank
Net Income Ratio 1.39% -9.96% 4.42% 90.14%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

BBSCX - Fund Manager Analysis

Managers

Mark Montgomery


Start Date

Tenure

Tenure Rank

Feb 01, 2011

9.84

9.8%

Mr. Montgomery is a Senior Managing Director. Mr. Montgomery joined the firm in 1997 and is a Senior Fixed Income Portfolio Manager and head of Sterling Capital’s Fixed Income Portfolio Management. He has investment experience since 1990. Prior to joining Sterling Capital, he worked at The Vanguard Group for seven years working on their long-term and high-yield municipal portfolio management team. Mr. Montgomery is a graduate of West Chester University where he received his B.S. in Marketing and holds a minor in Public Administration. He received his M.B.A. from Drexel University with a concentration in investment management. He is a CFA charterholder.

Peter Brown


Start Date

Tenure

Tenure Rank

Feb 01, 2020

0.83

0.8%

Mr. Brown is an Executive Director, Fixed Income Portfolio Manager and head of Sterling Capital’s Corporate Credit Team. He has been with Sterling Capital since 2004 and has investment experience since 2000. Prior to joining Sterling Capital, he held financial analyst positions at National Institutes of Health and First Union National Bank/First Union Securities. Mr. Brown received his B.S. in Statistics with minors in Business Management, Marketing and Communications from Cornell University and his M.B.A. from Wake Forest University. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 27.84 5.92 0.92
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