Morningstar

Sterling Capital Total Return Bond R6 STRDX

Morningstar Medalist Rating
Medalist Rating as of | See Sterling Capital Investment Hub
  • NAV / 1-Day Return 9.45  /  −0.74 %
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    0.360%
  • Expense Ratio 0.360%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Large
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 10.0 Mil
  • Status Open
  • TTM Yield 3.98%
  • Effective Duration 6.14 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0

Morningstar’s Analysis STRDX

Will STRDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable STRDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the STRDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of STRDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Sterling Capital Total Return Bond R6's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings STRDX

More STRDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 2.5%

7.90 117.4 Mil
Government

United States Treasury Notes 4.125%

5.76 85.6 Mil
Government

United States Treasury Notes 4%

2.34 34.8 Mil
Government

Fnma Pass-Thru I 6%

1.36 20.3 Mil
Securitized

ONEMAIN FINANCIAL ISSUANCE TRUST 1.55%

1.29 19.1 Mil
Securitized

United States Treasury Notes 2.625%

1.23 18.3 Mil
Government

HERTZ VEHICLE FINANCING III LLC 5.48%

1.19 17.6 Mil
Securitized

Fnma Pass-Thru I 5%

1.09 16.2 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.5%

1.08 16.1 Mil
Securitized

Fnma Pass-Thru I 3.5%

0.94 13.9 Mil
Securitized

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