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
| ISIN | US85917K7101 |
|---|---|
| CUSIP | 85917K710 |
| Issuer | Sterling Capital |
| Inception Date | Jun 30, 2011 |
| Category | Corporate Bonds |
| Min. Investment | $10,000,000 |
| Asset Class | Bond |
Expense Ratio
The Sterling Capital Long Duration Corporate Bond Fund has a high expense ratio of 0.45%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: SCCPX vs. NUE
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 -6.27% year-to-date (YTD) and -1.49% in the last 12 months. Over the past 10 years, Sterling Capital Long Duration Corporate Bond Fund had an annualized return of 0.46%, while the S&P 500 had an annualized return of 10.43%, indicating that Sterling Capital Long Duration Corporate Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -6.27% | 5.29% |
| 1 month | -2.66% | -2.47% |
| 6 months | 11.12% | 16.40% |
| 1 year | -1.49% | 20.88% |
| 5 years (annualized) | -2.01% | 11.60% |
| 10 years (annualized) | 0.46% | 10.43% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.87% | -2.86% | 1.98% | |||||||||
| 2023 | -5.33% | -3.92% | 10.15% | 7.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Sterling Capital Long Duration Corporate Bond Fund(SCCPX)
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 granted a 4.66% dividend yield in the last twelve months. The annual payout for that period amounted to $0.31 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.31 | $0.29 | $1.30 | $9.42 | $0.31 | $0.32 | $0.38 | $0.34 | $0.32 | $0.34 | $0.47 |
Dividend yield | 4.66% | 4.25% | 4.14% | 13.93% | 88.30% | 3.02% | 3.31% | 3.76% | 3.41% | 3.16% | 3.36% | 4.65% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | |||||||||
| 2023 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 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 |
| 2021 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $1.05 |
| 2020 | $0.02 | $0.02 | $0.03 | $0.02 | $8.85 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.32 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2018 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.09 |
| 2016 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 |
| 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 |
| 2014 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.13 |
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 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 31.87%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Sterling Capital Long Duration Corporate Bond Fund drawdown is 22.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.87% | Aug 4, 2021 | 308 | Oct 21, 2022 | — | — | — |
| -11.97% | Mar 6, 2020 | 12 | Mar 23, 2020 | 71 | Jul 2, 2020 | 83 |
| -6.6% | May 3, 2013 | 37 | Jun 25, 2013 | 219 | May 8, 2014 | 256 |
| -4.11% | Aug 5, 2011 | 47 | Oct 11, 2011 | 76 | Jan 31, 2012 | 123 |
| -2.51% | Nov 8, 2017 | 130 | May 16, 2018 | 177 | Jan 30, 2019 | 307 |
Volatility
Volatility Chart
The current Sterling Capital Long Duration Corporate Bond Fund volatility is 3.73%, 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.