SMDOX Performance — Sterling Capital SMID Opportunities Fund, Institutional Class
Data updated: 2024-02-23
SMDOX returned +12.88% over one year to Dec 2023. The annualised 3-year return is +3.46%. The fund trailed its US Mid-Cap Blend category average: $100 invested three years ago grew to $111, against $120 for the category, and to $113 over one year, against $116. Volatility over the past three years was 17.89% a year. In the 12 months to Dec 2023 the fund took in a net $6.3M, and assets reached $3.00M.
SMDOX Growth of $100
What $100 invested in Sterling Capital SMID Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | SMDOX | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $113 | $116 |
| 3 years (Jan 2021 – Dec 2023) | $111 | $120 |
| Since data start (Jul 2019 – Dec 2023) | $131 | $148 |
SMDOX Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +12.88% |
| 3 years (annualised) | +3.46% |
SMDOX Annual Returns
Calendar-year total returns of Sterling Capital SMID Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +12.88% |
| 2022 | −17.53% |
| 2021 | +18.97% |
| 2020 | +8.32% |
| 2019 (Jul–Dec) | +9.09% |
SMDOX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +7.9% | −4.0% | −4.7% | +0.4% | −5.1% | +8.5% | +3.9% | −1.0% | −1.6% | −4.6% | +6.3% | +7.9% |
| 2022 | −5.9% | −1.8% | +3.3% | −7.5% | +1.8% | −8.6% | +7.5% | −5.3% | −8.9% | +8.2% | +5.0% | −4.6% |
| 2021 | −0.1% | +2.7% | +5.6% | +4.6% | −0.8% | +0.5% | +2.3% | −0.4% | −4.2% | +4.0% | −2.1% | +5.9% |
| 2020 | +1.3% | −10.7% | −20.0% | +12.3% | +5.4% | −0.4% | +6.6% | +2.4% | −0.9% | −1.5% | +13.3% | +5.2% |
| 2019 | — | — | — | — | — | — | +2.8% | −1.5% | +0.7% | +1.1% | +4.2% | +1.5% |
SMDOX Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 17.89%
- 3-year Sharpe ratio: -0.06 (vs 4.5% risk-free rate)
- Best month: +8.45% (Jun 2023)
- Worst month: −8.92% (Sep 2022)
SMDOX Fund Flows
Monthly money in and out of Sterling Capital SMID Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: $6.3M
- 12-month gross sales (incl. reinvestments): $1.3M
- Sales ÷ redemptions: -0.26×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | $904K | −$1.3M | $2.2M |
| Nov 2023 | $337 | −$336K | $336K |
| Oct 2023 | $354 | −$183K | $184K |
| Sep 2023 | $75K | −$244K | $319K |
| Aug 2023 | $14K | −$884K | $898K |
| Jul 2023 | $12K | −$243K | $255K |
| Jun 2023 | $39K | −$307K | $346K |
| May 2023 | $15K | −$393K | $408K |
| Apr 2023 | $23K | −$313K | $336K |
| Mar 2023 | $39K | −$217K | $257K |
| Feb 2023 | $9K | −$118K | $126K |
| Jan 2023 | $175K | −$473K | $648K |
SMDOX Assets Under Management
Net assets of Sterling Capital SMID Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-29 | $3.00M |
| 2023-09-29 | $4.47M |
| 2023-06-30 | $5.66M |
| 2023-03-31 | $6.42M |
| 2022-12-30 | $7.08M |
| 2022-09-30 | $7.23M |
| 2022-06-30 | $8.32M |
| 2022-03-31 | $10.24M |
| 2021-12-31 | $11.56M |
| 2021-09-30 | $11.20M |
| 2021-06-30 | $13.12M |
| 2021-03-31 | $13.24M |
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.