Short Duration Bond Funds (SHTRX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.37
-0.01 (-0.12%)
Dec 5, 2024, 9:30 AM EST
1.70% (1Y)
| Fund Assets | 44.56M |
| Expense Ratio | 0.38% |
| Min. Investment | $5,000,000 |
| Turnover | 98.01% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 4.37% |
| Dividend Growth | 45.56% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 29, 2024 |
| Previous Close | 8.38 |
| YTD Return | 5.46% |
| 1-Year Return | 6.71% |
| 5-Year Return | n/a |
| 52-Week Low | 8.22 |
| 52-Week High | 8.44 |
| Beta (5Y) | n/a |
| Holdings | 119 |
| Inception Date | Jan 29, 2021 |
About SHTRX
The fund normally invests at least 80% of its net assets plus borrowings for investment purposes in investment grade fixed income securities (bonds). It will invest in municipal securities, convertible securities, including convertible bonds and preferred stocks, and cash equivalents. The fund may invest up to 15% of its total assets in bonds that are below investment grade, which are commonly referred to as "high yield" or "junk" bonds, and non-dollar denominated foreign and emerging market securities. It will maintain an average duration between 1 and 3 years.
Fund Family Sterling Capital Funds
Category Short-Term Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol SHTRX
Index ICE BofA 1-3 Year Gov/Corporate TR
Performance
SHTRX had a total return of 6.71% in the past year. Since the fund's inception, the average annual return has been 1.79%, including dividends.
Top 10 Holdings
17.73% of assets| Name | Symbol | Weight |
|---|---|---|
| HERTZ VEHICLE FINANCING III LLC - Hertz Vehicle Financing III LP | HERTZ 2021-2A A | 2.66% |
| ENTERPRISE FLEET FINANCING 2023-1 LLC - Enterprise Fleet Financing | EFF 2023-1 A3 | 2.65% |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-1 - Santander Drive Auto Receivables Trust | SDART 2024-1 B | 1.89% |
| Synchrony Card Issuance Trust 2018-1 - Synchrony Card Funding LLC | SYNIT 2023-A1 A | 1.82% |
| United States Treasury Notes - United States Treasury Note/Bond | T 4.5 04.15.27 | 1.66% |
| ONEMAIN FINANCIAL ISSUANCE TRUST 2022-3 - OneMain Financial Issuance Trust | OMFIT 2022-3A A | 1.55% |
| Wells Fargo Bank, National Association - Wells Fargo Bank NA | WFC 5.254 12.11.26 | 1.46% |
| Avis Budget Rental Car Funding AESOP LLC | AESOP 2020-2A A | 1.40% |
| Avis Budget Rental Car Funding AESOP LLC | AESOP 2023-3A A | 1.32% |
| OPG TRUST 2021-PORT - OPG Trust | OPG 2021-PORT C | 1.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 29, 2024 | $0.03362 | Dec 2, 2024 |
| Oct 31, 2024 | $0.03501 | Nov 1, 2024 |
| Sep 30, 2024 | $0.03497 | Oct 1, 2024 |
| Aug 30, 2024 | $0.03493 | Sep 3, 2024 |
| Jul 31, 2024 | $0.03428 | Aug 1, 2024 |
| Jun 28, 2024 | $0.03193 | Jul 1, 2024 |