Sterling Capital Long Duration Corporate Bond Fund (SCCPX)
To pursue its investment objective, the fund will invest, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in a diversified portfolio of corporate debt securities, including corporate bonds, notes and debentures. The fund may invest up to 10% of its total assets in bonds that are below investment grade, which are commonly referred to as "high yield" or "junk" bonds.
Fund Info
US85917K7101
85917K710
Jun 30, 2011
$10,000,000
Expense Ratio
SCCPX features an expense ratio of 0.45%, falling within the medium range.
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 Long Duration Corporate 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 Long Duration Corporate Bond Fund had a return of -1.05% year-to-date (YTD) and -0.40% in the last 12 months. Over the past 10 years, Sterling Capital Long Duration Corporate Bond Fund had an annualized return of -0.59%, while the S&P 500 had an annualized return of 11.01%, indicating that Sterling Capital Long Duration Corporate Bond Fund did not perform as well as the benchmark.
SCCPX
-1.05%
-0.58%
0.37%
-0.40%
-4.59%
-0.59%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of SCCPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.87% | -2.86% | 1.98% | -4.74% | 2.52% | 1.13% | 2.31% | 2.69% | 2.33% | -3.73% | 1.72% | -1.05% | |
| 2023 | 6.47% | -5.30% | 4.30% | 0.91% | -2.97% | 1.37% | -0.34% | -1.63% | -5.32% | -3.92% | 10.15% | 7.34% | 10.06% |
| 2022 | -1.94% | -4.24% | -2.68% | -9.26% | 0.46% | -3.85% | 4.96% | -4.74% | -9.10% | -2.49% | 8.14% | -0.50% | -23.63% |
| 2021 | -0.27% | -0.86% | -0.69% | 0.99% | 0.52% | 0.64% | 0.68% | 0.03% | -0.63% | -0.46% | -0.27% | -9.63% | -9.94% |
| 2020 | 1.38% | 0.79% | -7.67% | 4.44% | 2.70% | 1.97% | 2.12% | 0.23% | -0.13% | 0.13% | 1.61% | -1.98% | 5.20% |
| 2019 | 1.86% | 0.47% | 1.80% | 0.67% | 0.88% | 1.75% | 0.26% | 1.80% | -0.34% | 0.63% | 0.13% | 0.42% | 10.79% |
| 2018 | -0.62% | -0.75% | -0.12% | -0.33% | 0.27% | -0.14% | 0.38% | 0.68% | -0.14% | -0.43% | -0.24% | 0.50% | -0.94% |
| 2017 | 0.47% | 0.84% | 0.09% | 0.75% | 0.74% | -0.14% | 0.74% | 0.55% | -0.23% | 0.35% | -0.24% | -0.42% | 3.54% |
| 2016 | 0.47% | 0.13% | 1.55% | 0.94% | 0.14% | 1.32% | 0.93% | 0.35% | 0.07% | -0.23% | -1.69% | 0.07% | 4.08% |
| 2015 | 1.64% | -0.25% | 0.46% | -0.03% | 0.05% | -1.02% | 0.27% | -0.51% | 0.46% | 0.28% | -0.04% | -0.54% | 0.74% |
| 2014 | 1.37% | 0.72% | 0.10% | 0.86% | 1.15% | 0.18% | -0.31% | 0.94% | -0.88% | 0.67% | 0.45% | -0.50% | 4.83% |
| 2013 | -0.64% | 0.78% | 0.12% | 1.98% | -2.14% | -2.93% | 0.99% | -0.78% | 0.78% | 1.68% | -0.20% | -1.28% | -1.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SCCPX is 7, meaning it’s performing worse than 93% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Sterling Capital Long Duration Corporate Bond Fund (SCCPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Sterling Capital Long Duration Corporate Bond Fund provided a 4.34% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.31 | $0.29 | $0.27 | $0.29 | $0.32 | $0.32 | $0.31 | $0.31 | $0.32 | $0.33 | $0.37 |
Dividend yield | 4.34% | 4.25% | 4.14% | 2.93% | 2.76% | 3.02% | 3.33% | 3.10% | 3.03% | 3.16% | 3.26% | 3.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Sterling Capital Long Duration Corporate 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.27 |
| 2023 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2022 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.29 |
| 2021 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2020 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.29 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.32 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2016 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2015 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2014 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Sterling Capital Long Duration Corporate 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 Long Duration Corporate Bond Fund was 39.18%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Sterling Capital Long Duration Corporate Bond Fund drawdown is 26.64%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.18% | Dec 9, 2020 | 471 | Oct 21, 2022 | — | — | — |
| -11.97% | Mar 6, 2020 | 12 | Mar 23, 2020 | 59 | Jun 16, 2020 | 71 |
| -6.6% | May 3, 2013 | 37 | Jun 25, 2013 | 255 | Jun 30, 2014 | 292 |
| -4.11% | Aug 5, 2011 | 47 | Oct 11, 2011 | 75 | Jan 30, 2012 | 122 |
| -3.15% | Nov 8, 2017 | 130 | May 16, 2018 | 178 | Jan 31, 2019 | 308 |
Volatility
Volatility Chart
The current Sterling Capital Long Duration Corporate Bond Fund volatility is 3.09%, 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.