STERLING CAPITAL EQUITY INCOME FUND
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.0%
1 yr return
24.2%
3 Yr Avg Return
6.5%
5 Yr Avg Return
10.7%
Net Assets
$1.94 B
Holdings in Top 10
45.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.82%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 13.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BCEGX - Profile
Distributions
- YTD Total Return 11.0%
- 3 Yr Annualized Total Return 6.5%
- 5 Yr Annualized Total Return 10.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.42%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSTERLING CAPITAL EQUITY INCOME FUND
-
Fund Family NameSterling Capital Funds
-
Inception DateAug 19, 2004
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAdam Bergman
Fund Description
To pursue its investment objective, the Fund will invest, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in equity securities. The Fund invests, under normal market conditions, primarily in dividend-paying equity securities, in particular common stocks of companies with a history of increasing dividends. The Fund may also invest in U.S. traded common stocks of foreign companies, including American Depositary Receipts. Because yield is a consideration in selecting securities, the Fund may purchase stocks of companies that are out of favor in the financial community and, therefore, are selling below what the portfolio manager believes to be their long-term investment value. The portfolio manager may consider environmental, social and governance (“ESG”) factors as part of the investment process. The Fund may invest in securities of issuers of any capitalization range.
The portfolio manager may consider selling a stock owned by the Fund when the factors that induced the portfolio manager to buy the stock have changed, the portfolio manager anticipates a negative change in the company’s dividend policy, or to reduce the Fund’s position in a particular stock if the stock represents a disproportionately large position within the Fund’s portfolio.
BCEGX - Performance
Return Ranking - Trailing
Period | BCEGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.0% | -6.7% | 41.2% | 91.38% |
1 Yr | 24.2% | 7.1% | 65.4% | 74.88% |
3 Yr | 6.5%* | -3.4% | 32.5% | 69.34% |
5 Yr | 10.7%* | -0.8% | 45.8% | 43.67% |
10 Yr | 10.0%* | 1.4% | 25.3% | 18.31% |
* Annualized
Return Ranking - Calendar
Period | BCEGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.9% | -16.9% | 46.1% | 76.43% |
2022 | -10.7% | -64.7% | 4.6% | 38.28% |
2021 | 24.2% | -44.2% | 57.5% | 11.92% |
2020 | 6.4% | -23.2% | 285.0% | 8.97% |
2019 | 17.9% | -21.4% | 48.5% | 60.85% |
Total Return Ranking - Trailing
Period | BCEGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.0% | -6.7% | 41.2% | 91.38% |
1 Yr | 24.2% | 7.1% | 65.4% | 74.88% |
3 Yr | 6.5%* | -3.4% | 32.5% | 69.34% |
5 Yr | 10.7%* | -0.8% | 45.8% | 43.67% |
10 Yr | 10.0%* | 1.4% | 25.3% | 18.31% |
* Annualized
Total Return Ranking - Calendar
Period | BCEGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.3% | -15.9% | 46.7% | 47.97% |
2022 | -4.1% | -42.0% | 8.5% | 35.67% |
2021 | 26.8% | 3.6% | 129.7% | 40.38% |
2020 | 7.6% | -22.6% | 304.8% | 19.31% |
2019 | 24.1% | -12.7% | 52.1% | 68.76% |
NAV & Total Return History
BCEGX - Holdings
Concentration Analysis
BCEGX | Category Low | Category High | BCEGX % Rank | |
---|---|---|---|---|
Net Assets | 1.94 B | 1.97 M | 163 B | 35.54% |
Number of Holdings | 31 | 2 | 1727 | 95.32% |
Net Assets in Top 10 | 839 M | 433 K | 37.8 B | 29.75% |
Weighting of Top 10 | 45.75% | 4.4% | 99.1% | 7.54% |
Top 10 Holdings
- Microsoft Corp 6.12%
- Elevance Health Inc 5.11%
- Analog Devices Inc 4.72%
- Avery Dennison Corp 4.50%
- Ameriprise Financial Inc 4.35%
- Charles Schwab Corp/The 4.33%
- UnitedHealth Group Inc 4.19%
- Hershey Co/The 4.18%
- Ferguson PLC 4.17%
- Goldman Sachs Group Inc/The 4.07%
Asset Allocation
Weighting | Return Low | Return High | BCEGX % Rank | |
---|---|---|---|---|
Stocks | 98.10% | 7.19% | 103.40% | 56.66% |
Cash | 1.90% | 0.00% | 36.15% | 38.38% |
Preferred Stocks | 0.00% | 0.00% | 15.27% | 99.27% |
Other | 0.00% | -2.59% | 36.68% | 92.47% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 99.26% |
Bonds | 0.00% | 0.00% | 78.06% | 99.27% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BCEGX % Rank | |
---|---|---|---|---|
Healthcare | 25.08% | 0.00% | 30.08% | 4.73% |
Technology | 25.04% | 0.00% | 54.02% | 2.32% |
Financial Services | 16.81% | 0.00% | 58.05% | 74.79% |
Industrials | 12.14% | 0.00% | 42.76% | 41.61% |
Consumer Defense | 8.12% | 0.00% | 34.10% | 53.85% |
Consumer Cyclical | 7.44% | 0.00% | 22.74% | 29.29% |
Real Estate | 2.92% | 0.00% | 90.54% | 45.69% |
Basic Materials | 1.83% | 0.00% | 21.69% | 81.65% |
Energy | 0.61% | 0.00% | 54.00% | 96.48% |
Utilities | 0.00% | 0.00% | 27.04% | 99.81% |
Communication Services | 0.00% | 0.00% | 26.58% | 100.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BCEGX % Rank | |
---|---|---|---|---|
US | 98.10% | 7.19% | 103.40% | 42.70% |
Non US | 0.00% | 0.00% | 24.08% | 99.72% |
BCEGX - Expenses
Operational Fees
BCEGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.82% | 0.03% | 14.82% | 9.77% |
Management Fee | 0.55% | 0.00% | 1.50% | 48.71% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 100.00% |
Administrative Fee | 0.11% | 0.00% | 0.50% | 60.73% |
Sales Fees
BCEGX 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% | 0.95% | 5.00% | 99.22% |
Trading Fees
BCEGX 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.
BCEGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 13.00% | 0.00% | 488.00% | 8.68% |
BCEGX - Distributions
Dividend Yield Analysis
BCEGX | Category Low | Category High | BCEGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.32% | 0.00% | 16.67% | 8.18% |
Dividend Distribution Analysis
BCEGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
BCEGX | Category Low | Category High | BCEGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.42% | -1.51% | 4.28% | 90.41% |
Capital Gain Distribution Analysis
BCEGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.023 | OrdinaryDividend |
Mar 27, 2024 | $0.015 | OrdinaryDividend |
Dec 28, 2023 | $0.053 | OrdinaryDividend |
Dec 13, 2023 | $0.055 | CapitalGainShortTerm |
Dec 13, 2023 | $2.083 | CapitalGainLongTerm |
Sep 28, 2023 | $0.038 | OrdinaryDividend |
Jun 29, 2023 | $0.047 | OrdinaryDividend |
Mar 30, 2023 | $0.036 | OrdinaryDividend |
Dec 29, 2022 | $0.033 | OrdinaryDividend |
Dec 07, 2022 | $1.744 | OrdinaryDividend |
Sep 29, 2022 | $0.030 | OrdinaryDividend |
Jun 29, 2022 | $0.021 | OrdinaryDividend |
Mar 30, 2022 | $0.066 | OrdinaryDividend |
Dec 30, 2021 | $0.027 | OrdinaryDividend |
Dec 08, 2021 | $0.482 | CapitalGainLongTerm |
Sep 29, 2021 | $0.024 | OrdinaryDividend |
Jun 29, 2021 | $0.013 | OrdinaryDividend |
Mar 30, 2021 | $0.024 | OrdinaryDividend |
Dec 30, 2020 | $0.018 | OrdinaryDividend |
Sep 29, 2020 | $0.033 | OrdinaryDividend |
Jun 29, 2020 | $0.048 | OrdinaryDividend |
Mar 30, 2020 | $0.095 | OrdinaryDividend |
Dec 30, 2019 | $0.032 | OrdinaryDividend |
Dec 11, 2019 | $0.842 | CapitalGainLongTerm |
Sep 27, 2019 | $0.047 | OrdinaryDividend |
Jun 27, 2019 | $0.058 | OrdinaryDividend |
Mar 28, 2019 | $0.099 | OrdinaryDividend |
Dec 28, 2018 | $0.019 | OrdinaryDividend |
Dec 12, 2018 | $0.038 | CapitalGainShortTerm |
Dec 12, 2018 | $1.479 | CapitalGainLongTerm |
Jun 28, 2018 | $0.058 | OrdinaryDividend |
Mar 28, 2018 | $0.025 | OrdinaryDividend |
Dec 28, 2017 | $0.054 | OrdinaryDividend |
Dec 13, 2017 | $1.948 | CapitalGainLongTerm |
Sep 28, 2017 | $0.036 | OrdinaryDividend |
Jun 29, 2017 | $0.054 | OrdinaryDividend |
Mar 30, 2017 | $0.060 | OrdinaryDividend |
Dec 29, 2016 | $0.074 | OrdinaryDividend |
Dec 07, 2016 | $0.022 | CapitalGainLongTerm |
Sep 29, 2016 | $0.020 | OrdinaryDividend |
Jun 29, 2016 | $0.043 | OrdinaryDividend |
Mar 30, 2016 | $0.051 | OrdinaryDividend |
Dec 30, 2015 | $0.070 | OrdinaryDividend |
Dec 09, 2015 | $1.096 | CapitalGainLongTerm |
Sep 29, 2015 | $0.041 | OrdinaryDividend |
Jun 29, 2015 | $0.045 | OrdinaryDividend |
Mar 30, 2015 | $0.033 | OrdinaryDividend |
Dec 30, 2014 | $0.068 | OrdinaryDividend |
Dec 10, 2014 | $0.513 | CapitalGainLongTerm |
Sep 29, 2014 | $0.020 | OrdinaryDividend |
Jun 27, 2014 | $0.052 | OrdinaryDividend |
Mar 28, 2014 | $0.058 | OrdinaryDividend |
Dec 30, 2013 | $0.041 | OrdinaryDividend |
Dec 11, 2013 | $0.584 | OrdinaryDividend |
Dec 11, 2013 | $0.041 | CapitalGainShortTerm |
Sep 27, 2013 | $0.014 | OrdinaryDividend |
Jun 27, 2013 | $0.025 | OrdinaryDividend |
Mar 27, 2013 | $0.040 | OrdinaryDividend |
Dec 28, 2012 | $0.050 | OrdinaryDividend |
Dec 11, 2012 | $0.003 | CapitalGainShortTerm |
Dec 11, 2012 | $0.159 | CapitalGainLongTerm |
Sep 27, 2012 | $0.011 | OrdinaryDividend |
Jun 28, 2012 | $0.025 | OrdinaryDividend |
Mar 29, 2012 | $0.024 | OrdinaryDividend |
Dec 29, 2011 | $0.023 | OrdinaryDividend |
Sep 29, 2011 | $0.031 | OrdinaryDividend |
Jun 29, 2011 | $0.023 | OrdinaryDividend |
Mar 30, 2011 | $0.028 | OrdinaryDividend |
Dec 30, 2010 | $0.009 | OrdinaryDividend |
Sep 29, 2010 | $0.041 | OrdinaryDividend |
Jun 29, 2010 | $0.037 | OrdinaryDividend |
Mar 30, 2010 | $0.021 | OrdinaryDividend |
Dec 30, 2009 | $0.057 | OrdinaryDividend |
Sep 29, 2009 | $0.037 | OrdinaryDividend |
Jun 29, 2009 | $0.039 | OrdinaryDividend |
Mar 30, 2009 | $0.012 | OrdinaryDividend |
Dec 31, 2008 | $0.044 | OrdinaryDividend |
Sep 30, 2008 | $0.090 | OrdinaryDividend |
Jun 30, 2008 | $0.034 | OrdinaryDividend |
Mar 31, 2008 | $0.042 | OrdinaryDividend |
Dec 31, 2007 | $0.055 | OrdinaryDividend |
Dec 12, 2007 | $0.058 | CapitalGainShortTerm |
Dec 12, 2007 | $0.519 | CapitalGainLongTerm |
Sep 28, 2007 | $0.057 | OrdinaryDividend |
Jun 29, 2007 | $0.057 | OrdinaryDividend |
Mar 30, 2007 | $0.096 | OrdinaryDividend |
Dec 29, 2006 | $0.015 | OrdinaryDividend |
Dec 13, 2006 | $0.078 | CapitalGainShortTerm |
Dec 13, 2006 | $0.601 | CapitalGainLongTerm |
Sep 29, 2006 | $0.051 | OrdinaryDividend |
Jun 30, 2006 | $0.080 | OrdinaryDividend |
Mar 31, 2006 | $0.056 | OrdinaryDividend |
Dec 30, 2005 | $0.045 | OrdinaryDividend |
Sep 30, 2005 | $0.068 | OrdinaryDividend |
Jun 30, 2005 | $0.039 | OrdinaryDividend |
Mar 31, 2005 | $0.039 | OrdinaryDividend |
Dec 31, 2004 | $0.031 | OrdinaryDividend |
Dec 10, 2004 | $0.021 | CapitalGainShortTerm |
BCEGX - Fund Manager Analysis
Managers
Adam Bergman
Start Date
Tenure
Tenure Rank
Feb 01, 2016
6.33
6.3%
Adam B. Bergman, CFA, is an Executive Director and an equity analyst for Sterling Capital. He joined the CHOICE Asset Management team of Scott & Stringfellow in 2007 and Sterling Capital as part of a business realignment in January 2013. He has investment experience since 1996. Prior to joining the team, he directed the investor relations efforts at Advance Auto Parts and Dollar Tree Stores. Prior to working in investor relations, he served as a sell-side research analyst at Scott & Stringfellow. Mr. Bergman is a graduate of the University of Virginia’s McIntire School of Commerce where he received his B.S. in Commerce. He is a CFA charterholder.
Charles (Chip) Wittmann
Start Date
Tenure
Tenure Rank
Jul 12, 2021
0.88
0.9%
Charles J. Wittmann, CFA is a portfolio manager for the Sterling Capital Equity Income Fund. Mr. Wittmann was recognized early in his career by Institutional Investor for his stock picking as a senior analyst with Wells Fargo Securities. Prior to joining Sterling in 2014, he was a founding partner of Shockoe Capital, LLC and a portfolio manager and analyst with Thompson Siegel & Walmsley. Mr. Wittmann is a graduate of Davidson College and received his MBA from Duke University's Fuqua School of Business. He holds the Chartered Financial Analyst designation and is a past president of CFA Society Virginia.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.08 | 0.25 |