SBIIX — Sterling Capital Behavioral International Equity Fund
Data updated: 2025-02-28
SBIIX — Sterling Capital Behavioral International Equity Fund. Holdings, fees, performance and SEC filings.
SBIIX Fund Overview
SBIIX — Sterling Capital Behavioral International Equity Fund is a US mutual fund managed by Sterling Capital Funds, categorised as Developed ex-US Mid Cap Blend / Core Materials 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: Developed ex-US Mid Cap Blend / Core Materials Equity
- Assets under management: $125.77M
- 1-year return: 5.7%
- Ticker: SBIIX
- SEC CIK: 0000889284
- SEC series ID: S000047433
- Share class ID: C000148910
SBIIX Investment Objective and Strategy
Sterling Capital Behavioral International Equity 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 maximum long-term total return, by investing primarily in international developed market equity securities.
Principal investment strategy
To pursue its investment objective, the Fund will invest, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in equity securities of foreign (non-U.S.) companies. Under normal market conditions, the Fund primarily invests in developed market equity securities, which encompasses markets included in the MSCI EAFE Index and other markets with similar characteristics (e.g., sustained economic development, sufficient liquidity for listed companies and accessible markets). The Fund also may invest in securities of real estate investment trusts (REITs) and exchange-traded funds (ETFs). The Fund may invest in securities of issuers of any capitalization range. Sterling Capital applies behavioral finance principles in the construction of the Funds portfolio.
Behavioral finance theorizes that investment decisions are often influenced by biases, heuristics (i.e., experienced-based techniques for decision making) and emotion, and that investors can be predictable (and, at times, irrational) in their decision making. These emotionally charged investment decisions can lead to stock price anomalies that create opportunities in the marketplace. Sterling Capital seeks to capitalize on these behaviorally driven market anomalies by employing a disciplined investment process. In implementing behavioral finance principles, Sterling Capital ranks companies in the Funds investment universe based on a number of factors that it believes can be indicators of under- or over-valuation of a security by the market, such as valuation (e.g., seeking to invest in companies that Sterling Capital believes are undervalued), price momentum (e.g., identifying securities that Sterling Capital believes will experience sustained positive price momentum) and earnings revisions (e.g., identifying and capitalizing on what Sterling Capital believes are under-reactions by the market to positive earnings revisions).
Sterling Capital also takes into account such factors as market capitalization, country exposure, and sector exposure to construct a diversified portfolio. Sterling Capital considers selling a security when the securitys ranking becomes less attractive and/or in light of liquidity, sector exposure, country exposure or diversification considerations.
SBIIX Holdings
Top 10 holdings of Sterling Capital Behavioral International Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Federated Hermes Money Market Obligations Trust | 2.91% |
| Novartis AG | 2.11% |
| Deutsche Telekom AG | 1.66% |
| British American Tobacco PLC | 1.46% |
| ITOCHU Corp. | 1.39% |
| Shell PLC | 1.39% |
| Holcim AG | 1.38% |
| Teva Pharmaceutical Industries Ltd. | 1.38% |
| Intesa Sanpaolo S.p.A. | 1.36% |
| UniCredit S.p.A. | 1.33% |
SBIIX Portfolio Allocation
Asset-class allocation of Sterling Capital Behavioral International Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.6% |
| Cash & Equivalents | 2.9% |
SBIIX Performance
Total returns for SBIIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 5.7% |
| 3 years (annualised) | 4.7% |
| 5 years (annualised) | 3.3% |
SBIIX Risk Information
Risk metrics for SBIIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.3%
SBIIX Costs and Fees
SBIIX costs about $68 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.68%
- Gross expense ratio: 0.68%
- Portfolio turnover: 86%
- Brokerage commissions: 9.18 bps of average net assets (SEC N-CEN)
SBIIX Cashflows
Over the 12 months to 2024-12, Sterling Capital Behavioral International Equity Fund had net outflows of $3.46M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-12 | $4.63M |
| 2024-11 | −$5.27K |
| 2024-10 | $156 |
| 2024-09 | $143 |
| 2024-08 | −$6.58K |
| 2024-07 | −$8.03M |
SBIIX Debt Constituents
No individual debt constituents are reported in Sterling Capital Behavioral International Equity Fund's latest SEC N-PORT filing.
SBIIX Prospectus and SEC Filings
Official Sterling Capital Behavioral International Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-01-31
- Prospectus (485BPOS) — filed 2023-01-27
- Prospectus (485BPOS) — filed 2022-01-28
- Portfolio holdings (N-PORT) — filed 2025-02-28
- Portfolio holdings (N-PORT) — filed 2024-11-26
- Portfolio holdings (N-PORT) — filed 2024-08-21
- Annual census (N-CEN) — filed 2024-12-13
- Annual census (N-CEN) — filed 2023-12-11
Related Funds
Other Developed ex-US Mid Cap Blend / Core Materials 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.