STRSX Fees and Costs — Sterling Capital Special Opportunities Fund, Class R6
Data updated: 2026-08-31
The net expense ratio is 0.77%: a 0.60% management fee plus 0.26% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $162K in broker commissions, 0.0402% of average net assets, and portfolio turnover was 39%.
STRSX Fees and Expenses
Annual operating expenses and sales charges of STRSX. Prospectus, as of February 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | 0.86% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.77% |
| 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 |
STRSX Costs Over Time
On $10,000 invested in STRSX, assuming 5% a year before costs, total costs come to $509 over 5 years, cutting the return by 0.85% 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 0.77%) | $81 | $253 | $439 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $279 | $509 |
| Value after costs | $10,415 | $11,297 | $12,254 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
STRSX 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): 0.0402%
- Total broker commissions: $162K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
STRSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $22K | 22.60% |
| Raymond James & Associates, Inc. | $17K | 17.62% |
| WELLS FARGO SECURITIES LLC | $15K | 15.62% |
| BARCLAYS CAPITAL INC | $9K | 9.50% |
| J.P. Morgan Securities LLC | $9K | 9.09% |
| Stifel, Nicolaus & Company, Incorporated | $7K | 7.59% |
| Strategas Securities, LLC | $6K | 6.21% |
| UBS FINANCIAL SERVICES INC | $6K | 6.11% |
| JEFFERIES LLC | $3K | 3.37% |
| RBC CAPITAL MARKETS LLC | $2K | 2.29% |
Sterling Capital Special Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| STRSX | Class R6 | 0.77% | none |
| BOPIX | Institutional Class | 0.86% | none |
| BOPAX | Class A | 1.11% | 5.75% |
| BOPCX | Class C | 1.86% | 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.