About SCCMX
Sterling Capital Long Duration Corporate Bond Fund Class A is a mutual fund focused on U.S. fixed income markets, with an emphasis on long maturity corporate debt securities. The fund seeks to maximize total return by primarily investing in investment-grade corporate bonds, though it may allocate up to 10% of its assets to below investment-grade, or high yield, bonds. It manages a broad portfolio, holding over 360 securities as of March 31, 2025, with an average life of approximately 22 years and an effective duration of around 12.5 years. This extended duration targets investors seeking exposure to longer-term corporate credit, making the fund sensitive to interest rate movements. The fund also employs various derivative instruments, such as futures, swaps, and forward contracts, for hedging and efficient portfolio management purposes. Sterling Capital Management LLC serves as the investment adviser, applying a disciplined approach to credit selection and risk management within the corporate bond universe. The fund distributes dividends monthly and is positioned as a core holding for those seeking long-term income and total return from the corporate bond sector.
Fund Family Sterling Capital Funds
Category Long-Term Bond
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol SCCMX
Share Class A Class
Index Bloomberg Long US Corporate TR
SCCMX had a total return of -6.85% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.27%.
