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Sterling Capital Short Duration Bond Fund (BBSGX)

Mutual Fund · Currency in USD · Last updated Apr 1, 2023

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.


100.00%200.00%300.00%400.00%500.00%600.00%700.00%800.00%NovemberDecember2023FebruaryMarch
117.62%
768.43%
BBSGX (Sterling Capital Short Duration Bond Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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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.


PeriodReturnBenchmark
1 month0.62%3.51%
Year-To-Date1.18%7.03%
6 months2.56%12.88%
1 year0.43%-10.71%
5 years (annualized)1.73%9.25%
10 years (annualized)1.41%10.16%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.08%-0.52%
2022-1.03%-0.03%0.72%0.47%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Sterling Capital Short Duration Bond Fund Sharpe ratio is 0.18. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-2.50-2.00-1.50-1.00-0.500.00NovemberDecember2023FebruaryMarch
0.18
-0.46
BBSGX (Sterling Capital Short Duration Bond Fund)
Benchmark (^GSPC)

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.


PeriodTTM20222021202020192018201720162015201420132012
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-25.00%-20.00%-15.00%-10.00%-5.00%NovemberDecember2023FebruaryMarch
-2.63%
-14.33%
BBSGX (Sterling Capital Short Duration Bond Fund)
Benchmark (^GSPC)

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, 1993174May 9, 1994808Jun 12, 1997982
-5.6%Mar 9, 202012Mar 24, 202046May 29, 202058
-5.34%Aug 4, 2021306Oct 19, 2022
-1.96%Apr 1, 200450Jun 14, 200486Oct 14, 2004136
-1.78%Nov 8, 200111Nov 23, 200165Feb 28, 200276
-1.76%Jun 16, 200349Aug 25, 200397Jan 13, 2004146
-1.74%Oct 6, 199824Nov 6, 1998107Apr 6, 1999131
-1.56%Nov 5, 201036Dec 28, 201085Apr 29, 2011121
-1.56%Apr 12, 199954Jun 24, 199966Sep 24, 1999120
-1.52%May 3, 201336Jun 24, 201391Oct 31, 2013127

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.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
3.69%
15.42%
BBSGX (Sterling Capital Short Duration Bond Fund)
Benchmark (^GSPC)