- ISIN
- US85917K7770
- CUSIP
- 85917K777
- Issuer
- Sterling Capital
- Inception Date
- Nov 30, 2012
- Category
- Ultrashort Bond
- Min. Investment
- $10,000,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
BUSIX Performance Chart
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Returns By Period
Sterling Capital Ultra Short Bond Fund
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.68%
- YTD
- 11.16%
- 6M
- 11.10%
- 1Y
- 27.46%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
BUSIX Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.46% | 0.32% | 0.05% | 0.83% | |||||||||
| 2025 | 0.46% | 0.45% | 0.27% | 0.34% | 0.46% | 0.46% | 0.37% | 0.46% | 0.46% | 0.37% | 0.36% | 0.36% | 4.93% |
| 2024 | 0.63% | 0.28% | 0.50% | 0.38% | 0.53% | 0.40% | 0.61% | 0.60% | 0.57% | 0.38% | 0.45% | 0.38% | 5.87% |
| 2023 | 0.80% | 0.17% | 0.43% | 0.10% | 0.35% | 0.35% | 0.56% | 0.49% | 0.39% | 0.10% | 0.60% | 0.62% | 5.09% |
| 2022 | -0.11% | -0.32% | -0.31% | -0.20% | 0.12% | -0.28% | 0.36% | 0.17% | -0.13% | 0.11% | 0.45% | 0.47% | 0.32% |
| 2021 | 0.10% | 0.00% | 0.00% | 0.14% | 0.10% | 0.00% | 0.10% | 0.00% | -0.01% | -0.10% | -0.01% | -0.01% | 0.31% |
Benchmark Metrics
Sterling Capital Ultra Short Bond Fund has an annualized alpha of 2.10%, beta of 0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 03, 2013.
- This fund captured 5.99% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -2.45%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.00 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.10%
- Beta
- 0.00
- R²
- 0.00
- Upside Capture
- 5.99%
- Downside Capture
- -2.45%
Expense Ratio
BUSIX has an expense ratio of 0.27%, which is considered low.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Sterling Capital Ultra Short Bond Fund (BUSIX) and compare them to S&P 500 Index.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Dividends
Dividend History
Sterling Capital Ultra Short Bond Fund provided a 3.19% dividend yield over the last twelve months, with an annual payout of $0.80 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.80 | $1.07 | $1.15 | $0.86 | $0.45 | $0.31 | $0.43 | $0.64 | $0.51 | $0.39 | $0.43 | $0.34 |
Dividend yield | 3.19% | 4.29% | 4.65% | 3.48% | 1.87% | 1.24% | 1.72% | 2.60% | 2.05% | 1.57% | 1.74% | 1.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Sterling Capital Ultra Short 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.09 | $0.08 | $0.00 | $0.17 | |||||||||
| 2025 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $1.07 |
| 2024 | $0.10 | $0.09 | $0.10 | $0.09 | $0.10 | $0.10 | $0.10 | $0.10 | $0.09 | $0.09 | $0.09 | $0.09 | $1.15 |
| 2023 | $0.07 | $0.07 | $0.08 | $0.00 | $0.09 | $0.09 | $0.09 | $0.09 | $0.10 | $0.00 | $0.10 | $0.10 | $0.86 |
| 2022 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.05 | $0.05 | $0.06 | $0.06 | $0.45 |
| 2021 | $0.03 | $0.02 | $0.03 | $0.04 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.31 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Sterling Capital Ultra Short 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 Ultra Short Bond Fund was 3.16%, occurring on Mar 23, 2020. Recovery took 48 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -3.16%Mar 2020 | 14d | 2mo 10d | 2mo 24dMar 2020 - Jun 2020 |
Bear market2022 | -1.46%Jun 2022 | 8mo 26d | 6mo 19d | 1y 3moSep 2021 - Dec 2022 |
2025 selloff2025 | -0.30%Apr 2025 | 2d | 16d | 18dApr 2025 - Apr 2025 |
2015 pullback2015 | -0.30%Dec 2015 | 27d | 1mo 1d | 1mo 28dDec 2015 - Jan 2016 |
2014 pullback2014 | -0.30%Dec 2014 | 21d | 3mo 8d | 3mo 29dDec 2014 - Mar 2015 |
Drawdown Indicators
| BUSIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -56.78% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | — | 0.00% | — |
Average DrawdownAverage peak-to-trough decline | — | -10.72% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.97% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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