About STMDX
Sterling Capital Real Estate Fund Institutional Shares is a mutual fund specializing in the real estate sector. Its primary objective is to provide investors with access to the income and potential capital appreciation found in real estate and real estate-related companies. The fund invests at least 80% of its assets in securities of real estate companies, including Real Estate Investment Trusts (REITs), which own and operate various property types such as apartment complexes, office buildings, hotels, healthcare facilities, and shopping centers. This approach enables the fund to benefit from the income-producing potential of real property, while offering liquidity and diversification distinct from direct real estate ownership.
The fund is designed for institutional investors, with a minimum initial investment of $1,000,000. It is notable for its relatively low net expense ratio and disciplined management philosophy, emphasizing risk and return metrics such as alpha, beta, and Sharpe ratio to guide its strategy. Sterling Capital Real Estate Fund Institutional Shares plays a significant role in the market by providing a vehicle for investors to access the specialized real estate sector through professionally managed, liquid securities, contributing to portfolio diversification and exposure to real assets.
Fund Family Sterling Capital Funds
Category Real Estate
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol STMDX
Share Class Institutional Shares
Index Index is not available on Lipper Database
STMDX had a total return of 6.60% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.31%.
