Firm Overview

Sterling Capital Management LLC is a registered investment adviser founded in 1970. An investment firm, Sterling is an independently operated subsidiary of BB&T Corporation, one of the nation's largest financial services holding companies. Sterling is headquartered in Charlotte, NC with offices in Raleigh, NC; Atlanta, GA; Washington, D.C.; San Francisco, CA; Richmond, VA; and Virginia Beach, VA. As of 9/30/2014, Sterling has over $46 billion in assets under management overseen by 106 investment and client service professionals.

Investment Objective

The Fund purchases companies that the portfolio manager believe are priced significantly below their intrinsic worth as well as those that demonstrate sustainable competitive advantage and high returns on invested capital. The portfolio management team partners with shareholder-oriented company management that has demonstrated a track record of strong capital allocation.

The management process identifies investment opportunities from the broad equity universe using fundamental analysis, valuation and risk management to select 30 to 50 holdings within the fund. The strategy is oriented toward long-term investing but the manager will sell a holding that has become less attractive or underperforms expectations or has excessive leverage.

Investment Considerations

The Fund may invest in undervalued securities which may not appreciate in value as anticipated or remain undervalued for longer than anticipated. Investments made in small to mid-capitalization companies are subject to greater risks than large company stocks due to limited resources and inventory as well as more sensitive to adverse conditions. The Fund may invest in foreign securities which may be more volatile and less liquid due to currency fluctuation, political instability, social and economic risks.

Fund Facts

Class A Shares Class B Shares Class C Shares Inst'l Shares Class R Shares
Ticker OVEAX OVEBX OVECX OVEIX OVERX
Inception Date 08/01/1996 07/25/2001 07/25/2001 08/01/1996 08/01/1996
Investment Minimum $1,000.00 $1,000.00 $1,000.00 $1,000,000.00 $1,000.00
Subsequent Investment $0.00 $0.00 $0.00 NA NA
Max. Up Front Sales Charge 5.75% NA NA NA NA
Max. Deferred Sales Charge NA 5.00% 1.00% NA NA