About BUSRX
Sterling Capital Ultra Short Bond Fund Class A is an open-end mutual fund focused on preserving capital while generating current income through a diversified portfolio of fixed income securities. The fund normally invests at least 80% of its net assets plus borrowings in bonds and maintains a very short interest-rate profile, targeting an average duration of 18 months or less to help mitigate rate sensitivity. It can allocate across U.S. government and agency securities, high-quality corporate debt, asset- and mortgage-backed securities, municipals, and U.S. dollar–denominated foreign issues, with up to 10% permitted in below-investment-grade bonds. Positioned in the ultrashort bond category, it distributes income monthly and is designed to offer a competitive total return relative to short-term benchmarks. Notable characteristics include a broadly diversified holdings base, low effective duration, and a focus on liquidity and credit quality that make it a tool for cash management, laddering strategies, or dampening portfolio volatility during shifting rate environments. Established in 2012, the fund seeks steady income with disciplined risk controls and transparent, frequent distributions.
Fund Family Sterling Capital Funds
Category Ultrashort Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol BUSRX
Share Class A Class
Index FTSE 6-Month Treasury Bill
BUSRX had a total return of 4.55% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.73%.
