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.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Sterling Capital Short Duration Bond Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $21,762 for a total return of roughly 117.62%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Sterling Capital Short Duration Bond Fund had a return of 1.18% year-to-date (YTD) and 0.43% in the last 12 months. Over the past 10 years, Sterling Capital Short Duration Bond Fund had an annualized return of 1.41%, while the S&P 500 had an annualized return of 10.16%, indicating that Sterling Capital Short Duration Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.62% | 3.51% |
| Year-To-Date | 1.18% | 7.03% |
| 6 months | 2.56% | 12.88% |
| 1 year | 0.43% | -10.71% |
| 5 years (annualized) | 1.73% | 9.25% |
| 10 years (annualized) | 1.41% | 10.16% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 1.08% | -0.52% | ||||||||||
| 2022 | -1.03% | -0.03% | 0.72% | 0.47% |
Dividend History
Sterling Capital Short Duration Bond Fund granted a 3.05% dividend yield in the last twelve months. The annual payout for that period amounted to $0.25 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.20 | $0.19 | $0.22 | $0.27 | $0.24 | $0.23 | $0.24 | $0.27 | $0.30 | $0.31 | $0.33 |
Dividend yield | 3.05% | 2.45% | 2.28% | 2.66% | 3.34% | 3.18% | 3.09% | 3.20% | 3.74% | 4.14% | 4.38% | 4.66% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.02 | $0.02 | ||||||||||
| 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 |
| 2012 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Sterling Capital Short Duration Bond Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Sterling Capital Short Duration Bond Fund is 6.59%, recorded on May 9, 1994. It took 808 trading sessions for the portfolio to recover.
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 | — | — | — |
| -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 |
| -1.76% | Jun 16, 2003 | 49 | Aug 25, 2003 | 97 | Jan 13, 2004 | 146 |
| -1.74% | Oct 6, 1998 | 24 | Nov 6, 1998 | 107 | Apr 6, 1999 | 131 |
| -1.56% | Nov 5, 2010 | 36 | Dec 28, 2010 | 85 | Apr 29, 2011 | 121 |
| -1.56% | Apr 12, 1999 | 54 | Jun 24, 1999 | 66 | Sep 24, 1999 | 120 |
| -1.52% | May 3, 2013 | 36 | Jun 24, 2013 | 91 | Oct 31, 2013 | 127 |
Volatility Chart
Current Sterling Capital Short Duration Bond Fund volatility is 3.69%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.