BMGTX — Sterling Capital Diversified Income Fund
Data updated: 2021-02-23
BMGTX — Sterling Capital Diversified Income Fund. Emerging Markets Value Equity · $9.98M AUM. Holdings, fees, performance and SEC filings.
BMGTX Fund Overview
BMGTX — Sterling Capital Diversified Income Fund is a US mutual fund managed by Sterling Capital Funds, categorised as Emerging Markets Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Sterling Capital Funds
- Category: Emerging Markets Value Equity
- Assets under management: $9.98M
- 1-year return: -1.3%
- Ticker: BMGTX
- SEC CIK: 0000889284
- SEC series ID: S000003546
- Share class ID: C000009853
BMGTX Investment Objective and Strategy
Sterling Capital Diversified Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Sterling Capital Funds.
Investment objective
The Fund seeks income and capital appreciation by investing in a broad range of income generating asset classes and strategies.
Principal investment strategy
To pursue its investment objective, under normal market conditions, the Fund allocates its assets among (i) registered open-end and closed-end investment companies (including exchange-traded funds) that are not a part of the Sterling Capital Funds group of investment companies and (ii) Sterling Capital Funds (collectively, the Underlying Funds). The portfolio management team will make allocation decisions according to their outlook for the economy, financial markets and relative market valuation while utilizing the Underlying Funds to express their view. Under normal circumstances, the Fund intends to invest substantially all of its assets in Underlying Funds to the extent consistent with the Funds investment objective. The Fund expects to invest approximately 25% to 55% of its total assets in Underlying Funds which invest mainly in equity securities and approximately 45% to 75% of its total assets in Underlying Funds which invest mainly in debt securities (including investment grade and high yield (junk) bonds, floating rate securities, loans, mortgage-backed and asset-backed securities, U.S.
government securities, municipal securities and insurance-linked securities). The Fund may invest in Underlying Funds that invest in securities of U.S., international and emerging market issuers. The Fund may invest in Underlying Funds that engage in long/short equity strategies and in options writing strategies (including cash-secured put writing and covered call writing) and that invest in derivatives, master limited partnerships (MLPs), real estate investment trusts (REITs) and preferred stocks. The Fund may invest in money market funds during periods of large shareholder inflows, when the portfolio management team is rebalancing the portfolio or for temporary cash management purposes.
BMGTX Performance
Total returns for BMGTX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -1.3% |
BMGTX Risk Information
Risk metrics for BMGTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 22.7%
BMGTX Costs and Fees
BMGTX costs about $122 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.22%
- Gross expense ratio: 1.22%
- Portfolio turnover: 27%
- Brokerage commissions: 1.91 bps of average net assets (SEC N-CEN)
BMGTX Cashflows
Over the 12 months to 2020-12, Sterling Capital Diversified Income Fund had net inflows of $12.72M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-12 | $1.43M |
| 2020-11 | $683.26K |
| 2020-10 | $3.52M |
| 2020-09 | $482.88K |
| 2020-08 | $322.37K |
| 2020-07 | $340.26K |
BMGTX Debt Constituents
No individual debt constituents are reported in Sterling Capital Diversified Income Fund's latest SEC N-PORT filing.
BMGTX Prospectus and SEC Filings
Official Sterling Capital Diversified Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-02-20
- Prospectus (485BPOS) — filed 2019-02-19
- Prospectus (485BPOS) — filed 2018-02-21
- Portfolio holdings (N-PORT) — filed 2021-02-23
- Portfolio holdings (N-PORT) — filed 2020-11-23
- Portfolio holdings (N-PORT) — filed 2020-08-24
- Annual census (N-CEN) — filed 2020-12-03
- Annual census (N-CEN) — filed 2019-12-10
Related Funds
Other Emerging Markets Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.