SCSSX Fees and Costs — Sterling Capital Quality Income Fund, Class A
Data updated: 2026-08-31
The net expense ratio is 0.85%: a 0.35% management fee, a 0.25% 12b-1 fee plus 0.31% other expenses, less a 0.06% fee waiver. This share class carries a maximum front-end sales load of 2.00%. Portfolio turnover was 35%.
SCSSX Fees and Expenses
Annual operating expenses and sales charges of SCSSX. 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 | −0.06% |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | 2.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SCSSX Costs Over Time
On $10,000 invested in SCSSX, assuming 5% a year before costs, total costs come to $778 over 5 years, cutting the return by 1.31% 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 0.85%) | $87 | $273 | $475 |
| Lost growth on money paid in costs | $10 | $45 | $103 |
| Total costs | $297 | $518 | $778 |
| Value after costs | $10,203 | $11,058 | $11,985 |
| Impact on return, per year | 2.97% | 1.59% | 1.31% |
SCSSX 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): $177.5M
- Portfolio turnover (prospectus): 35%
- Securities lending: none during the year
SCSSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $20.4M | 22.09% |
| STONEX FINANCIAL INC. | $17.1M | 18.45% |
| WELLS FARGO SECURITIES, LLC | $13.1M | 14.18% |
| J.P. Morgan Securities LLC | $11.1M | 12.03% |
| STEPHENS INC | $8.0M | 8.68% |
| CitiGroup Global Markets Inc. | $6.8M | 7.37% |
| MORGAN STANLEY & CO. LLC | $5.4M | 5.81% |
| BMO CAPITAL MARKETS CORP. | $5.3M | 5.70% |
| Deutsche Bank Securities Inc | $4.9M | 5.28% |
| TD SECURITIES (USA) LLC | $391K | 0.42% |
Sterling Capital Quality Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SCSPX | Institutional Class | 0.60% | none |
| SCSSX | Class A | 0.85% | 2.00% |
| SCSTX | Class C | 1.60% | 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.