SMDOX
Sterling Capital SMID Opportunities Fund
Sterling Capital Funds
Expense ratio1
0.79%
Net assets2
$3.00M
Holdings2
32
Category
US Equity
2023 return3
12.88%

Investment objective & strategy

As of Jan. 27, 2023 · prospectus

Objective. The Fund seeks long-term capital appreciation.

Strategy. To pursue its investment objective, the Fund normally invests principally in equity securities and will invest, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in the securities of small or middle capitalization companies (commonly referred to collectively as smid companies). Small or middle capitalization companies are generally defined as companies with market capitalizations within the range of those companies in the Russell 2500 Index or the Russell Midcap Index at the time of purchase. As of December 31, 2022, the capitalization range of the Russell 2500 Index was between $6.1 million and $21.2 billion and the capitalization range of the Russell Midcap Index was between $306 million and $53 billion. The Fund may … To pursue its investment objective, the Fund normally invests principally in equity securities and will invest, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in the securities of small or middle capitalization companies (commonly referred to collectively as smid companies). Small or middle capitalization companies are generally defined as companies with market capitalizations within the range of those companies in the Russell 2500 Index or the Russell Midcap Index at the time of purchase. As of December 31, 2022, the capitalization range of the Russell 2500 Index was between $6.1 million and $21.2 billion and the capitalization range of the Russell Midcap Index was between $306 million and $53 billion. The Fund may invest in common stock, real estate investment trusts (REITs), other investment companies, and American Depositary Receipts (ADRs). The Fund invests, under normal market conditions, primarily in domestically traded U.S. common stocks and U.S. traded equity stocks of foreign companies, including ADRs. The Fund uses a multi-style approach, meaning that it not only invests across different capitalization levels but may target both value- and growth-oriented companies. The portfolio managers look for companies experiencing above-average revenue and profit growth as well as out-of-favor stocks that may be depressed due to what the portfolio managers believe to be temporary economic circumstances. In choosing individual stocks, the portfolio managers perform fundamental analysis to examine valuation and growth characteristics of a particular issuer. The portfolio managers may consider selling a stock owned by the Fund when the factors that induced the portfolio managers to buy the stock have changed, the company faces earnings growth risk or has issued substantial new debt, or to reduce the Funds position in a particular stock if the stock represents a disproportionately large position within the Funds portfolio.

Top holdings

As of Dec. 29, 2023 · N-PORT
SecurityTickerValue% of fund
GLOBAL PAYMENTS INC $154.94K 5.16%
Civeo Corporation CVEO US $127.43K 4.24%
AZZ INC $126.64K 4.21%
CENTENE CORP $125.27K 4.17%
WASTE CONNECTIONS INC $123.60K 4.11%
SLM CORP $118.33K 3.94%
TAKE-TWO INTERACTV SOFTWR INC $117.98K 3.93%
CANNAE HOLDINGS INC $115.73K 3.85%
GENTEX CORP $114.41K 3.81%
CALLON PETROLEUM CO $111.72K 3.72%
View all holdings →

Allocation by sector

As of December 29, 2023 · N-PORT
View portfolio breakdown →

Portfolio moves

Sep 29, 2023 → Dec 29, 2023
Opened
0
Exited
0
Increased
0
Decreased
32
Unchanged
0

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight

Footnotes

  1. Expense ratio as of January 27, 2023, from the fund's prospectus.
  2. Net assets and holdings count as of December 29, 2023, from the fund's N-PORT filing.
  3. Total return for calendar year 2023, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2023 (the latest prospectus does not yet chart this year).

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.