Sterling Capital Total Return Bond Fund (STRDX)
| Fund Assets | 1.49B |
| Expense Ratio | 0.35% |
| Min. Investment | $1,000,000 |
| Turnover | 63.02% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.22% |
| Dividend Growth | 5.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.34 |
| YTD Return | 2.24% |
| 1-Year Return | 1.40% |
| 5-Year Return | -3.77% |
| 52-Week Low | 9.08 |
| 52-Week High | 9.63 |
| Beta (5Y) | n/a |
| Holdings | 350 |
| Inception Date | Feb 1, 2018 |
About STRDX
The Sterling Capital Total Return Bond Fund Class R6 is an actively managed mutual fund focused on taxable intermediate core bonds. Launched in 2018, it seeks to provide investors with a high level of current income paired with a competitive total return by holding a diversified portfolio of fixed income securities. The fund typically invests at least 80% of its assets in bonds, including U.S. Treasuries, agency mortgage-backed securities, corporate credits, and securitized debt instruments. Its sector allocation and security selection are designed to balance interest rate risk and credit quality, resulting in a medium credit profile and moderate interest rate sensitivity. Sterling Capital Total Return Bond Fund Class R6 serves institutional investors, with a minimum initial investment tailored for large retirement accounts and organizations. Notable features include a cost-effective expense ratio that is lower than many peers, as well as a broad asset base, supporting liquidity and stable fund operations. The fund plays a significant role within the intermediate core bond category, often used for diversification, income generation, and stability within broader multi-asset portfolios.
Performance
STRDX had a total return of 1.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.94%.
Top 10 Holdings
23.71% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4.125% | T.4.125 11.15.32 | 5.29% |
| United States Treasury Bonds 2.5% | T.2.5 02.15.45 | 4.20% |
| United States Treasury Bonds 4.25% | T.4.25 08.15.54 | 2.60% |
| United States Treasury Notes 4% | T.4 02.15.34 | 2.33% |
| Federated Hermes Treasury Obligations Fund | TOPXX | 2.26% |
| United States Treasury Bonds 1.375% | T.1.375 08.15.50 | 2.13% |
| Federal National Mortgage Association 3% | FN.FS8022 | 1.40% |
| ONEMAIN FINANCIAL ISSUANCE TRUST 1.55% | OMFIT.2021-1A A1 | 1.32% |
| HERTZ VEHICLE FINANCING III LLC 5.48% | HERTZ.2024-2A A | 1.18% |
| CIFC Funding 2017-III Ltd./CIFC Funding 2017-III LLC 5.86549% | CIFC.2017-3A AR | 1.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03308 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03229 | Jul 1, 2025 |
| May 30, 2025 | $0.03264 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03176 | May 1, 2025 |
| Mar 31, 2025 | $0.03367 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03218 | Mar 3, 2025 |