Sterling Capital Long Duration Corporate Bond Fund (SCCPX)

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Sterling Capital Long Duration Corporate Bond Fund (SCCPX) is up 1.1% since the beginning of the year. SCCPX is currently trading at $7 per share. Investors who bought $1,000 worth of SCCPX shares 5 years ago would now be looking at an investment worth $883.

Sterling Capital Long Duration Corporate Bond Fund (SCCPX) has returned 1.12% so far this year and 6.43% over the past 12 months. Looking at the last ten years, SCCPX has achieved an annualized return of 22.12%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.

Based on dividend-adjusted daily data since Jan 3, 2012, SCCPX's average daily return is +0.17%, while the average monthly return is +3.56%. At this rate, an investment would double in approximately 1.7 years.

Historically, 63% of months were positive and 37% were negative. The best month was May 2020 with a return of +589.4%, while the worst month was Apr 2022 at -9.3%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SCCPX closed higher 43% of trading days. The best single day was May 29, 2020 with a return of +574.8%, while the worst single day was Jun 13, 2022 at -3.2%.

Sterling Capital Long Duration Corporate Bond Fund has an annualized alpha of 49.79%, beta of 0.11, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 03, 2012.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (73.79%) than losses (41.29%) - typical of diversified or defensive assets.
• Beta of 0.11 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.

SCCPX has an expense ratio of 0.45%, placing it in the medium range.

SCCPX ranks 11 for risk / return — in the bottom 11% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Sterling Capital Long Duration Corporate Bond Fund provided a 5.09% dividend yield over the last twelve months, with an annual payout of $0.35 per share. The fund has been increasing its distributions for 2 consecutive years.

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.

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.

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 31.88%, occurring on Oct 21, 2022. The portfolio has not yet recovered.

The current Sterling Capital Long Duration Corporate Bond Fund drawdown is 12.87%.

The chart below shows the rolling one-month volatility.