Sterling Capital West Virginia Intermediate Tax-Free Fund Institutional Class (OWVAX)
| Fund Assets | 48.83M |
| Expense Ratio | 0.61% |
| Min. Investment | $1,000,000 |
| Turnover | 15.61% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.81% |
| Dividend Growth | 1.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.65 |
| YTD Return | 1.30% |
| 1-Year Return | 5.32% |
| 5-Year Return | 5.06% |
| 52-Week Low | 8.96 |
| 52-Week High | 9.65 |
| Beta (5Y) | 0.19 |
| Holdings | 43 |
| Inception Date | Dec 1, 1993 |
About OWVAX
Sterling Capital West Virginia Intermediate Tax-Free Fund Institutional Class is an actively managed 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 portfolio concentrates on high credit quality West Virginia municipal securities across the intermediate segment of the yield curve, using duration management and relative-value positioning to balance income and price stability. The strategy primarily invests in general obligation and revenue bonds issued to finance public infrastructure and services, with an effective duration around five years and a modest number of holdings, reflecting a targeted approach. The fund distributes income monthly and reports no alternative minimum tax exposure for its income, aligning with tax-sensitive objectives. With a long operating history and institutional share class terms tailored to large investors, it plays a niche role for investors seeking state-specific municipal exposure and tax-advantaged income within a disciplined, risk-aware fixed income framework.
Performance
OWVAX had a total return of 5.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.60%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02348 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02343 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02237 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02299 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02186 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02277 | Sep 2, 2025 |