STMMX Fees and Costs — Sterling Capital Real Estate Fund, Class A
Data updated: 2026-08-31
The net expense ratio is 1.14%: a 0.58% management fee, a 0.25% 12b-1 fee plus 0.31% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $18K in broker commissions, 0.0264% of average net assets, and portfolio turnover was 8%.
STMMX Fees and Expenses
Annual operating expenses and sales charges of STMMX. Prospectus, as of February 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.31% |
| Gross expense ratio | 1.14% |
| Fee waiver | — |
| Net expense ratio | 1.14% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
STMMX Costs Over Time
On $10,000 invested in STMMX, assuming 5% a year before costs, total costs come to $1,419 over 5 years, cutting the return by 2.45% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.14%) | $113 | $351 | $608 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $29 | $108 | $222 |
| Total costs | $719 | $1,043 | $1,419 |
| Value after costs | $9,781 | $10,533 | $11,344 |
| Impact on return, per year | 7.19% | 3.25% | 2.45% |
STMMX 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): 0.0264%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
STMMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $18K | 100.00% |
Sterling Capital Real Estate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SCREX | Class R6 | 0.79% | none |
| STMDX | Institutional Class | 0.89% | none |
| STMMX | Class A | 1.14% | 5.75% |
| STMOX | Class C | 1.89% | 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.