BASCX Fees and Costs — Sterling Capital South Carolina Intermediate Tax-Free Fund, Class A
Data updated: 2026-08-31
The net expense ratio is 0.91%: a 0.35% management fee, a 0.25% 12b-1 fee plus 0.31% other expenses. This share class carries a maximum front-end sales load of 2.00%. Portfolio turnover was 16%.
BASCX Fees and Expenses
Annual operating expenses and sales charges of BASCX. Prospectus, as of February 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.31% |
| Gross expense ratio | 0.91% |
| Fee waiver | — |
| Net expense ratio | 0.91% |
| Sales charges | |
|---|---|
| Max front load | 2.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BASCX Costs Over Time
On $10,000 invested in BASCX, assuming 5% a year before costs, total costs come to $814 over 5 years, cutting the return by 1.38% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $200 | $200 | $200 |
| Fund expenses (net expense ratio 0.91%) | $94 | $292 | $508 |
| Lost growth on money paid in costs | $10 | $46 | $106 |
| Total costs | $304 | $538 | $814 |
| Value after costs | $10,196 | $11,038 | $11,949 |
| Impact on return, per year | 3.04% | 1.65% | 1.38% |
BASCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $12.1M
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
BASCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PERSHING LLC | $2.6M | 29.84% |
| OPPENHEIMER & CO INC | $1.1M | 12.63% |
| WELLS FARGO SECURITIES LLC | $1.0M | 12.02% |
| BANK OF AMERICA MERRILL LYNCH | $779K | 9.06% |
| RAYMOND JAMES & ASSOCIATES INC | $717K | 8.34% |
| JEFFERIES LLC | $565K | 6.57% |
| J.P. Morgan Securities LLC | $545K | 6.34% |
| PNC BANK | $537K | 6.24% |
| MORGAN STANLEY & CO. LLC | $521K | 6.05% |
| TD SECURITIES AUTOMATED TRADING LLC | $250K | 2.91% |
Sterling Capital South Carolina Intermediate Tax-Free Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BSCIX | Institutional Class | 0.66% | none |
| BASCX | Class A | 0.91% | 2.00% |
| BSCCX | Class C | 1.66% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.