Sterling Capital Equity Income Fund (STREX)
| Fund Assets | 1.17B |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000,000 |
| Turnover | 41.82% |
| Dividend (ttm) | 5.84 |
| Dividend Yield | 25.88% |
| Dividend Growth | 124.69% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 22.55 |
| YTD Return | 3.98% |
| 1-Year Return | -3.82% |
| 5-Year Return | 63.82% |
| 52-Week Low | 19.98 |
| 52-Week High | 29.57 |
| Beta (5Y) | n/a |
| Holdings | 33 |
| Inception Date | Feb 1, 2018 |
About STREX
Sterling Capital Equity Income Fund Class R6 is a mutual fund focused on providing both capital growth and current income through investments primarily in high-quality, dividend-paying equities. Managed using fundamental analysis, the fund targets companies with strong balance sheets, reasonable valuations, and a consistent track record of dividend growth—specifically, firms that have increased dividends for at least three consecutive years or six of the past ten years. The portfolio is concentrated, typically holding 30 to 35 core positions, and seeks to include stocks with dividend yields exceeding that of the S&P 500 Index. In addition to dividend-paying stocks, the fund may invest in convertible securities and occasionally writes covered call options to generate additional income, though this can limit upside potential. The fund’s holdings span large-cap companies across sectors such as technology, healthcare, industrials, and consumer goods. Sterling Capital Equity Income Fund Class R6 is often utilized by retirement plans and institutional investors seeking exposure to large value equities with an emphasis on income generation and relative capital stability.
Performance
STREX had a total return of -3.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.13%.
Top 10 Holdings
46.18% of assets| Name | Symbol | Weight |
|---|---|---|
| The Charles Schwab Corporation | SCHW | 6.35% |
| Ferguson Enterprises Inc. | FERG | 5.12% |
| Microsoft Corporation | MSFT | 5.08% |
| Analog Devices, Inc. | ADI | 4.64% |
| Automatic Data Processing, Inc. | ADP | 4.51% |
| Linde plc | LIN | 4.39% |
| Ameriprise Financial, Inc. | AMP | 4.38% |
| Federated Hermes Treasury Obligations Fund | TOPXX | 4.26% |
| Booz Allen Hamilton Holding Corporation | BAH | 3.77% |
| Rockwell Automation, Inc. | ROK | 3.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.0807 | Jun 27, 2025 |
| Mar 28, 2025 | $0.0946 | Mar 31, 2025 |
| Dec 30, 2024 | $0.1029 | Dec 30, 2024 |
| Dec 11, 2024 | $5.4595 | Dec 11, 2024 |
| Sep 27, 2024 | $0.0983 | Sep 30, 2024 |
| Jun 27, 2024 | $0.14744 | Jun 28, 2024 |