Fund Evaluator:

Sterling Capital Long Dur Corp Bd C Overview

Sterling Capital Long Dur Corp Bd C (SCCNX) is an actively managed Taxable Bond Long-Term Bond fund. Sterling Capital Funds launched the fund in 2013.

The investment seeks to maximize total return. To pursue its investment objective, the fund will invest, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in a diversified portfolio of corporate debt securities, including corporate bonds, notes and debentures. The fund may invest up to 10% of its total assets in bonds that are below investment grade, which are commonly referred to as "high yield" or "junk" bonds.

About Sterling Capital Long Dur Corp Bd C (SCCNX)

There are 3 members of the management team with an average tenure of 8.70 years: Mark Montgomery (2011), Peter Brown (2020), Robert Brown (2022). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bloomberg US Long Corporate TR USD index with a weighting of 100%. Sterling Capital Long Dur Corp Bd C has 364 securities in its portfolio. The top 10 holdings constitute 9.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Sterling Capital Long Dur Corp Bd C is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Sterling Capital Long Dur Corp Bd C has 9.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 99.0% (90.0% domestic bond, 9.0% foreign bond and 0.0% convertible bond). Sterling Capital Long Dur Corp Bd C has 1.0% of the portfolio in cash.

Assets Under Management

The fund has $2 million in total assets, which is below the $738 million average for the Long-Term Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

SCCNX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Sterling Capital Long Dur Corp Bd C expense ratio is high compared to funds in the Long-Term Bond category. Sterling Capital Long Dur Corp Bd C has an expense ratio of 1.45%, which is 44% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Sterling Capital Long Dur Corp Bd C has a portfolio turnover rate of 52%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 77% for the Long-Term Bond category.

Recently, in the month of July 2026, Sterling Capital Long Dur Corp Bd C returned -3.9%, which earned it a grade of D, as the Long-Term Bond category had an average return of -3.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Sterling Capital Long Dur Corp Bd C has a trailing yield of 4.28%, which is below the 5.18% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Sterling Capital Long Dur Corp Bd C Grades

Year to date, the fund has returned -3.4%, 0.9 percentage points worse than the category, which translates into a grade of F. The fund has returned -0.9% over the past year (grade of F), 1.4% over the past three years (grade of F) and -4.3% per year over the past five years (grade of D) and -0.6% per year over the past 10 years (grade of F).

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