Sterling Capital Ultra Short Bond Fund Institutional Shares (BUSIX)
| Fund Assets | 28.26M |
| Expense Ratio | 0.44% |
| Min. Investment | $1,000,000 |
| Turnover | 62.06% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.28% |
| Dividend Growth | -6.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.89 |
| YTD Return | 0.46% |
| 1-Year Return | 4.92% |
| 5-Year Return | 18.77% |
| 52-Week Low | 9.43 |
| 52-Week High | 9.89 |
| Beta (5Y) | 0.02 |
| Holdings | 132 |
| Inception Date | Nov 30, 2012 |
About BUSIX
Sterling Capital Ultra Short Bond Fund Institutional Class is an open‑end mutual fund focused on ultra‑short‑duration fixed income. Its primary objective is to provide current income with a competitive total return while maintaining low interest‑rate sensitivity through an average duration of 18 months or less and a typical dollar‑weighted average maturity between zero and 24 months. The portfolio invests predominantly in investment‑grade securities across corporate bonds and securitized credit, including asset‑backed, commercial mortgage‑backed, and collateralized loan obligations, alongside U.S. Treasuries and cash equivalents. The strategy employs a multi‑faceted process that blends top‑down and bottom‑up research, quantitative and qualitative analysis, and emphasizes risk management to seek incremental excess return within a conservative risk profile. As part of the ultrashort‑bond category, it targets limited rate volatility while offering a diversified source of short‑term income for institutions and other investors managing liquidity needs. The fund’s institutional share class features a net expense ratio disclosed in sponsor materials and has received a category rating from Morningstar based on risk‑adjusted performance, reflecting its standing among ultrashort peers.
Performance
BUSIX had a total return of 4.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.47%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BUSRX | A Class | 0.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03486 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03545 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03555 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03612 | Nov 3, 2025 |
| Sep 30, 2025 | $0.03559 | Oct 1, 2025 |
| Aug 29, 2025 | $0.03557 | Sep 2, 2025 |