About SCCPX
The Sterling Capital Long Duration Corporate Bond Fund Institutional Class is a mutual fund focused on maximizing total return by investing primarily in a diversified portfolio of long-duration corporate bonds. Under normal circumstances, at least 80% of its net assets are allocated to these securities, with the remainder potentially invested in U.S. Treasury bonds and other debt instruments. The fund maintains a significant interest rate sensitivity, with an effective duration exceeding 13 years, positioning it to benefit from movements in long-term interest rates.
This fund typically holds hundreds of individual bonds, providing broad exposure across sectors such as government, financials, industrials, and telecommunications. While most holdings are investment grade, the fund may invest up to 10% in high-yield, or below investment grade, bonds, offering additional yield potential at increased risk. With a yield near 5% and a rigorous focus on quality, the fund serves institutional investors seeking exposure to the long end of the corporate bond market, commonly used for liability-matching in pension plans or for those looking to manage duration in diversified fixed income portfolios.
Fund Family Sterling Capital Funds
Category Long-Term Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol SCCPX
Share Class Institutional Class
Index Bloomberg Long US Corporate TR
SCCPX had a total return of -4.00% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.82%.
