Sterling Capital Short Duration Bond Fund (BBSGX)
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.
Fund Info
| ISIN | US85917L6508 |
|---|---|
| CUSIP | 85917L650 |
| Issuer | Sterling Capital |
| Inception Date | Nov 30, 1992 |
| Category | Short-Term Bond |
| Min. Investment | $10,000,000 |
| Asset Class | Bond |
Expense Ratio
The Sterling Capital Short Duration Bond Fund has a high expense ratio of 0.43%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Sterling Capital Short Duration Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Sterling Capital Short Duration Bond Fund had a return of 0.36% year-to-date (YTD) and 4.23% in the last 12 months. Over the past 10 years, Sterling Capital Short Duration Bond Fund had an annualized return of 1.78%, while the S&P 500 had an annualized return of 10.46%, indicating that Sterling Capital Short Duration Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.36% | 5.84% |
| 1 month | -0.23% | -2.98% |
| 6 months | 3.46% | 22.02% |
| 1 year | 4.23% | 24.47% |
| 5 years (annualized) | 2.01% | 11.44% |
| 10 years (annualized) | 1.78% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.48% | -0.13% | 0.62% | |||||||||
| 2023 | -0.06% | 0.20% | 1.32% | 1.42% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Sterling Capital Short Duration Bond Fund(BBSGX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Sterling Capital Short Duration Bond Fund (BBSGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Sterling Capital Short Duration Bond Fund granted a 3.88% dividend yield in the last twelve months. The annual payout for that period amounted to $0.32 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.29 | $0.20 | $0.19 | $0.22 | $0.27 | $0.24 | $0.23 | $0.24 | $0.27 | $0.30 | $0.31 |
Dividend yield | 3.88% | 3.44% | 2.44% | 2.22% | 2.53% | 3.08% | 2.86% | 2.69% | 2.72% | 3.10% | 3.32% | 3.40% |
Monthly Dividends
The table displays the monthly dividend distributions for Sterling Capital Short Duration Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | |||||||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 |
| 2022 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2021 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2014 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Sterling Capital Short Duration Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Sterling Capital Short Duration Bond Fund was 6.59%, occurring on May 9, 1994. Recovery took 808 trading sessions.
The current Sterling Capital Short Duration Bond Fund drawdown is 0.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.59% | Sep 8, 1993 | 174 | May 9, 1994 | 808 | Jun 12, 1997 | 982 |
| -5.6% | Mar 9, 2020 | 12 | Mar 24, 2020 | 46 | May 29, 2020 | 58 |
| -5.34% | Aug 4, 2021 | 306 | Oct 19, 2022 | 279 | Nov 29, 2023 | 585 |
| -1.96% | Apr 1, 2004 | 50 | Jun 14, 2004 | 86 | Oct 14, 2004 | 136 |
| -1.78% | Nov 8, 2001 | 11 | Nov 23, 2001 | 65 | Feb 28, 2002 | 76 |
Volatility
Volatility Chart
The current Sterling Capital Short Duration Bond Fund volatility is 0.64%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.