Sterling Capital Long Duration Corporate Bond Fund (STRFX)

Overview

The fund is designed to provide investors with exposure to a diversified portfolio of corporate debt securities, including various forms of corporate bonds, notes, and debentures. It adheres to a strategy of investing at least 80% of its net assets, along with any borrowings intended for investment purposes, in these types of securities. To potentially enhance returns, the fund allows for investment up to 10% of its total assets in "high yield" or "junk" bonds, which are below investment grade. The underlying goal is to achieve the fund's investment objectives through a carefully constructed portfolio that balances risk and return.

Products and Services

• Corporate Debt Securities

  Investments are primarily made in a diversified mix of corporate debt instruments, including bonds, notes, and debentures. These are issued by companies to finance their operations, expansions, or other capital-intensive initiatives. The fund focuses on this investment category to provide income and potential for capital appreciation through interest earnings and price movements of these securities.

• High Yield/Junk Bonds

  Up to 10% of the fund's total assets may be allocated to high yield or junk bonds. These are bonds rated below investment grade and carry a higher risk of default. However, they offer the potential for higher returns compared to investment-grade bonds. The investment in such securities aims to enhance the overall potential return of the fund while carefully managing the associated risks.