Sterling Capital West Virginia Intermediate Tax-Free Fund Class A (BWVAX)
| Fund Assets | 48.83M |
| Expense Ratio | 0.86% |
| Min. Investment | $1,000 |
| Turnover | 15.61% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.51% |
| Dividend Growth | 1.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.84 |
| YTD Return | 1.35% |
| 1-Year Return | 4.95% |
| 5-Year Return | 3.56% |
| 52-Week Low | 9.16 |
| 52-Week High | 9.84 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Dec 17, 1993 |
About BWVAX
Sterling Capital West Virginia Intermediate Tax-Free Fund Class A is a municipal bond mutual fund focused on generating current income that is exempt from federal and West Virginia state income taxes, while emphasizing preservation of capital. The fund primarily invests in high-credit-quality West Virginia municipal obligations and related issuers, targeting the intermediate segment of the yield curve through active duration and yield-curve positioning. Its strategy centers on buying liquid, investment-grade issues and rotating across sectors and securities to optimize relative value with limited risk. The portfolio is concentrated in West Virginia municipal borrowers—such as transportation authorities, universities, education boards, and health facilities—reflecting its single-state mandate. Class A shares feature a stated maximum front-end sales charge and ongoing expenses typical of advisor-sold share classes, with income distributed monthly and capital gains annually. As of mid-2025, the fund reported a predominantly bond allocation with intermediate effective duration, positioning it as a tax-efficient option for investors seeking state-specific municipal exposure and stability-oriented income.
Performance
BWVAX had a total return of 4.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.02%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02143 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02138 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02039 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02095 | Nov 3, 2025 |
| Sep 30, 2025 | $0.01989 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02076 | Sep 2, 2025 |