Sterling Capital Funds - Short Duration Bond Funds (SHTRX)
| Fund Assets | 40.80M |
| Expense Ratio | 0.48% |
| Min. Investment | $5,000,000 |
| Turnover | 67.85% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.86% |
| Dividend Growth | 8.90% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.43 |
| YTD Return | 1.75% |
| 1-Year Return | 2.48% |
| 5-Year Return | n/a |
| 52-Week Low | 8.32 |
| 52-Week High | 8.44 |
| Beta (5Y) | n/a |
| Holdings | 137 |
| Inception Date | Jan 29, 2021 |
About SHTRX
Sterling Capital Short Duration Bond Fund R6 is an actively managed mutual fund focused on high-quality, short-maturity fixed income securities. Its primary objective is to provide income and capital preservation by maintaining an average portfolio duration between one and three years, which aims to temper interest rate sensitivity relative to intermediate- or long-duration bond funds. The strategy invests at least 80% of net assets in bonds under normal conditions, employing a multi-faceted process that blends top-down macro views with bottom-up security selection and emphasizes rigorous risk management and measurable exposures. The portfolio spans sectors such as corporate credit, asset-backed securities, commercial mortgage-backed securities, collateralized loan obligations, Treasuries, and agency mortgage-backed securities, with most exposure concentrated in the one- to three-year duration range. The R6 share class is designed for institutional platforms and features lower net expenses supported by a contractual fee waiver through January 31, 2026. Within the short-duration segment, the fund serves investors seeking steady income streams, reduced volatility, and a conservative anchor within broader fixed income allocations.
Performance
SHTRX had a total return of 2.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.92%.
Top 10 Holdings
15.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Hermes Treasury Obligations Fund | TOPXX | 3.23% |
| United States Treasury Notes 2.75% | T.2.75 02.15.28 | 2.26% |
| HERTZ VEHICLE FINANCING III LLC 1.68% | HERTZ.2021-2A A | 1.35% |
| Dryden 53 Clo Ltd 5.60198% | DRSLF.2017-53A BR | 1.32% |
| AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2022-2 5.32% | AMCAR.2022-2 C | 1.31% |
| Morgan Stanley 5.55934% | MS.V5.652 04.13.28 MTN | 1.28% |
| TRICON RESIDENTAL TR 2025-SFR1 5.44194% | TCN.2025-SFR1 A | 1.26% |
| CHASE HOME LENDING MORTGAGE TRUST 3.5% | CHASE.2019-ATR2 A3 | 1.21% |
| PFS Financing Corp 5.34% | PFSFC.2024-D A | 1.21% |
| JPMorgan Chase & Co. 5.571% | JPM.V5.571 04.22.28 | 1.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03374 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03417 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03361 | Jul 1, 2025 |
| May 30, 2025 | $0.03364 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03302 | May 1, 2025 |
| Mar 31, 2025 | $0.03572 | Apr 1, 2025 |