BNCAX — Sterling Capital North Carolina Intermediate Tax-Free Fund
Data updated: 2026-05-28
BNCAX — Sterling Capital North Carolina Intermediate Tax-Free Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Intermediate Municipal - National Bond · $114.43M AUM · 0.83% expense ratio · -18.7% 1-yr return. From SEC regulatory filings.
BNCAX Fund Overview
BNCAX — Sterling Capital North Carolina Intermediate Tax-Free Fund is a US mutual fund managed by Sterling Capital Funds, categorised as Intermediate Municipal - National Bond. 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: Intermediate Municipal - National Bond
- Assets under management: $114.43M
- 1-year return: -18.7%
- Ticker: BNCAX
- SEC CIK: 0000889284
- SEC series ID: S000003541
- Share class ID: C000009838
BNCAX Holdings
Top 10 holdings of Sterling Capital North Carolina Intermediate Tax-Free Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| North Carolina Med Care Commn | 2.81% |
| North Carolina St | 2.69% |
| Charlotte N C | 2.52% |
| Money Market Obligations Trust | 2.18% |
| Orange Cnty N C | 2.13% |
| Forsyth Cnty N C | 2.11% |
| Raleigh N C | 2.10% |
| Charlotte N C | 2.09% |
| Concord N C | 2.08% |
| North Carolina Cap Facs Fin Agy | 2.05% |
BNCAX Portfolio Allocation
Asset-class allocation of Sterling Capital North Carolina Intermediate Tax-Free Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.2% |
| Cash & Equivalents | 2.2% |
BNCAX Performance
Total returns for BNCAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -6.5% |
| 1 year | -18.7% |
| 3 years (annualised) | -11.8% |
| 5 years (annualised) | -8.0% |
BNCAX Risk Information
Risk metrics for BNCAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.1%
BNCAX Costs and Fees
BNCAX costs about $83 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.83%
- Gross expense ratio: 0.83%
- Portfolio turnover: 30%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
BNCAX Cashflows
Over the 12 months to 2026-03, Sterling Capital North Carolina Intermediate Tax-Free Fund had net outflows of $10.73M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$1.14M |
| 2026-02 | $423.61K |
| 2026-01 | $420.34K |
| 2025-12 | −$945.41K |
| 2025-11 | −$430.20K |
| 2025-10 | −$746.45K |
BNCAX Debt Constituents
Largest debt holdings of Sterling Capital North Carolina Intermediate Tax-Free Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| North Carolina Med Care Commn | 2.81% |
| North Carolina St | 2.69% |
| Charlotte N C | 2.52% |
| Orange Cnty N C | 2.13% |
| Forsyth Cnty N C | 2.11% |
| Raleigh N C | 2.10% |
| Charlotte N C | 2.09% |
| Concord N C | 2.08% |
| North Carolina Cap Facs Fin Agy | 2.05% |
| Guilford Cnty N C | 2.01% |
BNCAX Prospectus and SEC Filings
Official Sterling Capital North Carolina Intermediate Tax-Free Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Intermediate Municipal - National Bond 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.