About BGVAX
Sterling Capital Intermediate U.S. Government Fund Class A is a mutual fund focused on providing current income while preserving capital. The fund primarily invests in U.S. government securities, including those issued or guaranteed by the U.S. government, its agencies, and instrumentalities, under normal market conditions. Its portfolio composition also allows for allocations to repurchase agreements, short-term obligations, asset-backed securities, corporate bonds, municipal securities, and investments in other funds, which enhances diversification within the fixed income sector. Characterized by an intermediate-term portfolio, the fund maintains an average effective duration of about 4.74 years and an average life of roughly 5.75 years. This moderate duration targets reduced interest rate risk compared to longer-term bond funds, while still aiming to generate stable income. With a history dating back to 1992, the fund plays a significant role for investors seeking exposure to U.S. government debt markets as a core fixed income holding, balancing income objectives with capital preservation and lower volatility relative to equity-oriented assets.
Fund Family Sterling Capital Funds
Category Intmdt US Govt
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol BGVAX
Share Class A Class
Index Bloomberg U.S. Govt Bond Intermediate TR
BGVAX had a total return of -2.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.45%.
