Fixed Income
High
Med.
Low
Ltd. Mod. Ext. 
Equity
High
Med.
Sm.
Val. Core GR. 
Overall Morningstar Rating™

Morningstar Category:
Allocation--30% to 50% Equity

Diversified Income Fund
Asset Allocation Funds

  • a Shares (BCGAX)
    Inception: 01.29.1998
  • b Shares (BCGBX)
    Inception: 01.29.1999
  • c Shares (BCCCX)
    Inception: 02.01.2001
  • i Shares (BMGTX)
    Inception: 10.02.1997

Fund Overview

Philosophy and Process

  • The fund seeks income and capital appreciation by investing in a broad range of income-generating asset classes and strategies.
  • The strategy is based on the insight that a diversified, opportunistic approach across multiple income-generating asset classes and strategies have the potential to simultaneously accomplish the objectives of providing a stable income stream for investors and generating competitive long-term total returns (absolute and risk-adjusted) versus strategies that rely more heavily on capital appreciation.
  • Expanding the opportunity set to include non-traditional investments such as insurance-linked securities and option strategies has the potential to enhance income and also lead to additional sources of alpha.
  • The portfolio management team will make allocation decisions according to their outlook for the economy, financial markets and relative market valuation of the underlying funds.
  • The Fund uses a cost-effective blend of active and passive management to help achieve its objectives.

Investment Considerations

The Strategic Allocation Funds (Funds of Funds) are primarily concentrated in underlying funds and are therefore subject to the same risks the funds are invested in as well as entails higher expenses than if invested into a fund directly. The underlying Funds may be invested in equity securities and is subject to market risk. Investments in bonds are subject to credit risk, call risk and interest rate risk so that as interest rates rise the value of bond prices will decline. The underlying Funds may invest in more aggressive investments such as foreign securities, which involves certain risks such as currency volatility, political and social instability and reduced market liquidity; small capitalization companies subject to greater volatility and less liquidity due to limited resources or product lines and more sensitive to economic factors; and high-yield (junk) debt securities which involve greater risks than investment grade bonds.

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in them.

Fund Facts
Class A Shares Class B Shares Class C Shares Inst'l Shares
Ticker BCGAX BCGBX BCCCX BMGTX
Inception Date 01/29/1998 01/29/1999 02/01/2001 10/02/1997
Investment Minimum $1,000.00 $1,000.00 $1,000.00 $1,000,000.00
Subsequent Investment Minimum* $0.00 $0.00 $0.00 $0.00
Max. Up Front Sales Charge 5.75% N/A N/A N/A
Max. Deferred Sales Charge N/A 5.00% 1.00% N/A

*If subsequent investments are made as part of an AIP, the minimum is $25.

Management

Performance

Average Annual Total Returns as of (12/31/2016)
Class A Shares Class B Shares Class C Shares Inst'l Shares
without sales charge with 5.75% sales charge without sales charge with 5.00% sales charge without sales charge with 1.00% sales charge
3 Months -0.97% -6.66% -1.21% -6.08% -1.17% -2.14% -0.90%
YTD 8.49% 2.21% 7.58% 3.58% 7.67% 7.67% 8.66%
1 Year 8.49% 2.21% 7.58% 3.58% 7.67% 7.67% 8.66%
3 Years 4.23% 2.18% 3.42% 2.47% 3.46% 3.46% 4.51%
5 Years 5.85% 4.61% 5.03% 4.87% 5.05% 5.05% 6.11%
10 Years 4.21% 3.59% 3.59% 3.59% 3.43% 3.43% 4.47%
Since Inception 4.27% 3.95% 4.00% 4.00% 3.63% 3.63% 4.54%
View more archived data

The total expense ratios for Class A, B, C and I Shares are 1.44%, 2.19%, 2.19% and 1.19%, respectively. There are currently no waivers in effect for A, B and C Shares.

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit www.sterlingcapitalfunds.com/funds/performance-summary/.

The performance of the Diversified Income Fund reflects the deduction of fees for value-added services associated with a mutual fund, such as investment management and fund accounting fees. The inception date for Class A Shares is 1/29/98. The performance for Class A Shares is based on the historical performance of Class A shares, which commenced operations on 10/2/97. The inception date for B Shares is 1/29/99. The performance for Class B Shares is based on the performance of Class A Shares. The inception date for C Shares is 2/1/01. The performance for Class C Shares is based on the performance of Class A Shares. The performance shown reflects the reinvestment of all dividend and capital gains distributions. The Fund is structured as a fund-of-funds and is subject to the same risks as the funds they hold. Investors will incur the expenses of the Fund in addition to fees of the underlying funds in the portfolio.


Performance Summary

Characteristics

Actual Portfolio Composition
as of (12/31/2016)

Hover over slice to view more info.

Actual Portfolio Composition
as of (12/31/2016)
Name Value
EXCHANGE TRADED MUTUAL FUND 59.69%
BOND MUTUAL FUND 32.59%
STOCK MUTUAL FUND 6.76%
Cash & Equivalents 0.96%

Current and future portfolio holdings are subject to change and risk.

 

© 2017 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.


Sterling Capital Funds are:

Not a deposit - Not FDIC insured - Not guaranteed by the bank - Not insured by any government agency - May lose value

An investor should consider a fund's investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about the Sterling Capital Funds can be found in the Funds' prospectus. To obtain a prospectus, please call 1 (888) 228-1872 or click here. Please read the prospectus carefully before investing.

Sterling Capital Management LLC, a separate subsidiary of BB&T Corporation, serves as investment adviser to the Sterling Capital Funds and is paid a fee for its services as described in the prospectus. The Funds are distributed by Sterling Capital Distributors LLC, which is not affiliated with Branch Banking and Trust Company or its affiliates. The Funds are not insured by the FDIC or any other government agency