Sterling Capital Mid Value Fund (OVEIX)
The fund normally invests at least 80% of its net assets plus borrowings for investment purposes in the securities of middle capitalization companies. Under normal market conditions, it primarily invests in domestically traded U.S. common stocks, U.S. traded common stocks of foreign companies. The fund may have exposure to emerging markets through its investments in ADRs. It may invest in securities of small and large capitalization companies.
Fund Info
| ISIN | US85917L8413 |
|---|---|
| CUSIP | 85917L841 |
| Issuer | Sterling Capital |
| Inception Date | Aug 1, 1996 |
| Category | Mid Cap Value Equities |
| Min. Investment | $10,000,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
The Sterling Capital Mid Value Fund has a high expense ratio of 0.86%, 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 Mid Value 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 Mid Value Fund had a return of 0.59% year-to-date (YTD) and 12.97% in the last 12 months. Over the past 10 years, Sterling Capital Mid Value Fund had an annualized return of 6.44%, while the S&P 500 had an annualized return of 10.42%, indicating that Sterling Capital Mid Value Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.59% | 5.05% |
| 1 month | -3.74% | -4.27% |
| 6 months | 15.08% | 18.82% |
| 1 year | 12.97% | 21.22% |
| 5 years (annualized) | 6.18% | 11.38% |
| 10 years (annualized) | 6.44% | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.04% | 2.83% | 4.99% | |||||||||
| 2023 | -3.61% | -3.54% | 6.30% | 7.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Sterling Capital Mid Value Fund(OVEIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Sterling Capital Mid Value Fund (OVEIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Sterling Capital Mid Value Fund granted a 7.40% dividend yield in the last twelve months. The annual payout for that period amounted to $1.14 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.14 | $1.14 | $2.79 | $1.65 | $0.07 | $1.37 | $1.43 | $0.85 | $0.54 | $3.35 | $1.33 | $1.34 |
Dividend yield | 7.40% | 7.44% | 19.06% | 8.27% | 0.41% | 8.43% | 9.98% | 4.43% | 3.10% | 21.60% | 6.91% | 6.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Sterling Capital Mid Value 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 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.14 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.79 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.65 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.37 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.43 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.85 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.35 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.33 |
| 2013 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.27 |
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 Mid Value 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 Mid Value Fund was 57.52%, occurring on Mar 9, 2009. Recovery took 480 trading sessions.
The current Sterling Capital Mid Value Fund drawdown is 5.85%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -57.52% | Jun 5, 2007 | 442 | Mar 9, 2009 | 480 | Feb 1, 2011 | 922 |
| -46.66% | Jan 30, 2018 | 540 | Mar 23, 2020 | 172 | Nov 24, 2020 | 712 |
| -32.21% | May 23, 2001 | 343 | Oct 9, 2002 | 306 | Dec 29, 2003 | 649 |
| -27% | May 2, 2011 | 108 | Oct 3, 2011 | 313 | Jan 3, 2013 | 421 |
| -23.62% | Mar 30, 2022 | 128 | Sep 30, 2022 | 368 | Mar 20, 2024 | 496 |
Volatility
Volatility Chart
The current Sterling Capital Mid Value Fund volatility is 4.54%, 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.