STRFX Fees and Costs — Sterling Capital Long Duration Corporate Bond Fund, Class R6
Data updated: 2026-08-31
The net expense ratio is 0.38%: a 0.25% management fee plus 0.32% other expenses, less a 0.19% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 53%.
STRFX Fees and Expenses
Annual operating expenses and sales charges of STRFX. Prospectus, as of February 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.32% |
| Gross expense ratio | 0.57% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.38% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
STRFX Costs Over Time
On $10,000 invested in STRFX, assuming 5% a year before costs, total costs come to $241 over 5 years, cutting the return by 0.40% 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 |
| Fund expenses (net expense ratio 0.38%) | $40 | $125 | $219 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $40 | $131 | $241 |
| Value after costs | $10,460 | $11,445 | $12,522 |
| Impact on return, per year | 0.40% | 0.40% | 0.40% |
STRFX 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): $55.3M
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
STRFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $10.0M | 25.67% |
| MORGAN STANLEY & CO. LLC | $8.4M | 21.57% |
| BOFA SECURITIES, INC. | $7.4M | 19.10% |
| BARCLAYS CAPITAL, INC. | $3.6M | 9.36% |
| CitiGroup Global Markets Inc. | $3.5M | 9.05% |
| Jane Street Financial Limited | $3.2M | 8.28% |
| WELLS FARGO SECURITIES, LLC | $1.6M | 4.09% |
| MARKETAXESS CORPORATION | $676K | 1.74% |
| Stifel Nicolaus & Company | $327K | 0.84% |
| J.P. Morgan Securities LLC | $119K | 0.31% |
Sterling Capital Long Duration Corporate Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| STRFX | Class R6 | 0.38% | none |
| SCCPX | Institutional Class | 0.45% | none |
| SCCMX | Class A | 0.70% | 2.00% |
| SCCNX | Class C | 1.45% | 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.