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Sterling Capital Real Estate Fund
mutual fund
STMDX
Payout Change
Pending
Price as of:
$35.56
+0.1
+0.28%
primary theme
Real Estate Sector Equity
share class
STMDX (Mutual Fund)
Sterling Capital Real Estate Fund
Payout Change
Pending
Price as of:
$35.56
+0.1
+0.28%
primary theme
Real Estate Sector Equity
share class
STMDX (Mutual Fund)
Sterling Capital Real Estate Fund
Payout Change
Pending
Price as of:
$35.56
+0.1
+0.28%
primary theme
Real Estate Sector Equity
share class
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
1.9%
1 yr return
2.7%
3 Yr Avg Return
-4.1%
5 Yr Avg Return
3.6%
Net Assets
$67.7 M
Holdings in Top 10
52.8%
52 WEEK LOW AND HIGH
$35.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.87%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
STMDX - Profile
Distributions
- YTD Total Return 1.9%
- 3 Yr Annualized Total Return -4.1%
- 5 Yr Annualized Total Return 3.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.00%
- Dividend Yield 2.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameSterling Capital Real Estate Fund
-
Fund Family NameSterling Capital Funds
-
Inception DateNov 16, 2015
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew DiZio
Fund Description
To pursue its investment objective, the Fund will invest, under normal circumstances, at least 80% of its net assets in securities of real estate and real estate-related companies, or in companies which own significant real estate assets at the time of purchase (“real estate companies”) including real estate investment trusts (“REITs”). A real estate company derives at least 50% of its revenue from the ownership, construction, financing, management or sale of commercial, industrial, or residential real estate, or has at least 50% of its assets in such real estate. REITs are companies that own interests in real estate or in real estate related loans or other interests, and their revenue primarily consists of rent derived from owned, income producing real estate properties and capital gains from the sale of such properties. The Fund will invest more than 25% of its assets in REITs, including mortgage REITs and other real estate-related securities. The Fund may invest in equity securities including, without limitation, preferred stocks, convertible securities, limited liability companies and similar enterprises. The Fund may also invest in securities of foreign issuers which meet the same criteria for investment as domestic companies, or sponsored and unsponsored depositary receipts for such securities. In pursuing total return, the Fund will emphasize both capital appreciation and current income.
STMDX - Performance
Return Ranking - Trailing
| Period | STMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.9% | -12.5% | 17.2% | 80.67% |
| 1 Yr | 2.7% | -12.5% | 17.8% | 79.41% |
| 3 Yr | -4.1%* | -13.7% | 4.8% | 69.49% |
| 5 Yr | 3.6%* | -12.6% | 12.7% | 49.55% |
| 10 Yr | N/A* | -2.5% | 13.4% | 13.55% |
* Annualized
Return Ranking - Calendar
| Period | STMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.9% | -16.2% | 24.6% | 75.53% |
| 2022 | -31.6% | -51.3% | 2.5% | 59.75% |
| 2021 | 28.7% | -7.7% | 52.3% | 63.40% |
| 2020 | -4.8% | -42.2% | 35.0% | 13.96% |
| 2019 | 20.1% | 0.0% | 43.1% | 40.00% |
Total Return Ranking - Trailing
| Period | STMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.9% | -12.5% | 17.2% | 80.67% |
| 1 Yr | 2.7% | -12.5% | 17.8% | 79.41% |
| 3 Yr | -4.1%* | -13.7% | 4.8% | 69.49% |
| 5 Yr | 3.6%* | -12.6% | 12.7% | 49.55% |
| 10 Yr | N/A* | -2.5% | 13.4% | 14.29% |
* Annualized
Total Return Ranking - Calendar
| Period | STMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.0% | -13.7% | 25.0% | 26.58% |
| 2022 | -26.2% | -40.7% | 7.8% | 52.12% |
| 2021 | 38.5% | 7.8% | 54.6% | 70.64% |
| 2020 | -0.6% | -36.6% | 44.3% | 11.71% |
| 2019 | 26.9% | 4.1% | 46.4% | 56.28% |
NAV & Total Return History
STMDX - Holdings
Concentration Analysis
| STMDX | Category Low | Category High | STMDX % Rank | |
|---|---|---|---|---|
| Net Assets | 67.7 M | 2.26 M | 70.8 B | 86.15% |
| Number of Holdings | 31 | 22 | 548 | 92.44% |
| Net Assets in Top 10 | 40 M | 1.29 M | 32.8 B | 83.19% |
| Weighting of Top 10 | 52.82% | 13.2% | 82.2% | 63.45% |
Top 10 Holdings
- American Tower Corp. 9.37%
- Prologis, Inc. 7.82%
- Digital Realty Trust, Inc. 6.51%
- Welltower, Inc. 5.85%
- Equinix, Inc. 4.59%
- Extra Space Storage, Inc. 4.13%
- Ventas, Inc. 4.01%
- VICI Properties, Inc. 3.59%
- Essex Property Trust, Inc. 3.51%
- Invitation Homes, Inc. 3.45%
Asset Allocation
| Weighting | Return Low | Return High | STMDX % Rank | |
|---|---|---|---|---|
| Stocks | 99.03% | 0.00% | 100.25% | 43.28% |
| Cash | 0.97% | -42.50% | 24.34% | 55.04% |
| Preferred Stocks | 0.00% | 0.00% | 31.13% | 86.97% |
| Other | 0.00% | -82.45% | 106.21% | 78.57% |
| Convertible Bonds | 0.00% | 0.00% | 10.95% | 83.12% |
| Bonds | 0.00% | 0.00% | 149.68% | 83.61% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | STMDX % Rank | |
|---|---|---|---|---|
| Real Estate | 100.00% | 34.46% | 100.00% | 29.65% |
| Utilities | 0.00% | 0.00% | 3.55% | 81.42% |
| Technology | 0.00% | 0.00% | 12.02% | 84.07% |
| Industrials | 0.00% | 0.00% | 7.39% | 83.19% |
| Healthcare | 0.00% | 0.00% | 0.53% | 81.42% |
| Financial Services | 0.00% | 0.00% | 37.05% | 84.96% |
| Energy | 0.00% | 0.00% | 33.11% | 82.30% |
| Communication Services | 0.00% | 0.00% | 11.61% | 83.19% |
| Consumer Defense | 0.00% | 0.00% | 0.93% | 81.42% |
| Consumer Cyclical | 0.00% | 0.00% | 45.29% | 86.28% |
| Basic Materials | 0.00% | 0.00% | 13.69% | 81.86% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | STMDX % Rank | |
|---|---|---|---|---|
| US | 99.03% | 0.00% | 100.25% | 36.55% |
| Non US | 0.00% | 0.00% | 36.61% | 83.19% |
STMDX - Expenses
Operational Fees
| STMDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.87% | 0.07% | 8.91% | 72.77% |
| Management Fee | 0.58% | 0.00% | 1.50% | 22.27% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 19.83% |
| Administrative Fee | 0.11% | 0.01% | 0.45% | 52.54% |
Sales Fees
| STMDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| STMDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 48.84% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| STMDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.11% | 380.00% | 12.32% |
STMDX - Distributions
Dividend Yield Analysis
| STMDX | Category Low | Category High | STMDX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.19% | 0.00% | 13.03% | 5.04% |
Dividend Distribution Analysis
| STMDX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
| STMDX | Category Low | Category High | STMDX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.00% | -1.14% | 6.05% | 53.62% |
Capital Gain Distribution Analysis
| STMDX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 11, 2024 | $0.194 | OrdinaryDividend |
| Sep 27, 2024 | $0.238 | OrdinaryDividend |
| Mar 27, 2024 | $0.104 | OrdinaryDividend |
| Dec 13, 2023 | $2.092 | CapitalGainLongTerm |
| Sep 28, 2023 | $0.304 | OrdinaryDividend |
| Jun 29, 2023 | $0.170 | OrdinaryDividend |
| Mar 30, 2023 | $0.287 | OrdinaryDividend |
| Dec 07, 2022 | $2.229 | OrdinaryDividend |
| Sep 29, 2022 | $0.212 | OrdinaryDividend |
| Jun 29, 2022 | $0.130 | OrdinaryDividend |
| Mar 30, 2022 | $0.276 | OrdinaryDividend |
| Dec 08, 2021 | $2.994 | OrdinaryDividend |
| Sep 29, 2021 | $0.185 | OrdinaryDividend |
| Jun 29, 2021 | $0.222 | OrdinaryDividend |
| Mar 30, 2021 | $0.183 | OrdinaryDividend |
| Dec 09, 2020 | $0.818 | CapitalGainLongTerm |
| Sep 29, 2020 | $0.178 | OrdinaryDividend |
| Jun 29, 2020 | $0.230 | OrdinaryDividend |
| Mar 30, 2020 | $0.355 | OrdinaryDividend |
| Dec 30, 2019 | $0.039 | OrdinaryDividend |
| Dec 11, 2019 | $1.515 | CapitalGainLongTerm |
| Sep 27, 2019 | $0.200 | OrdinaryDividend |
| Jun 27, 2019 | $0.272 | OrdinaryDividend |
| Mar 28, 2019 | $0.208 | OrdinaryDividend |
| Dec 28, 2018 | $0.193 | OrdinaryDividend |
| Dec 12, 2018 | $1.244 | CapitalGainLongTerm |
| Sep 27, 2018 | $0.205 | OrdinaryDividend |
| Jun 28, 2018 | $0.226 | OrdinaryDividend |
| Mar 28, 2018 | $0.151 | OrdinaryDividend |
| Dec 13, 2017 | $1.219 | CapitalGainLongTerm |
| Sep 28, 2017 | $0.193 | OrdinaryDividend |
| Jun 29, 2017 | $0.232 | OrdinaryDividend |
| Mar 30, 2017 | $0.135 | OrdinaryDividend |
| Dec 29, 2016 | $0.633 | OrdinaryDividend |
| Dec 07, 2016 | $1.748 | CapitalGainLongTerm |
| Jun 29, 2016 | $0.498 | OrdinaryDividend |
| Dec 18, 2015 | $0.002 | CapitalGainShortTerm |
| Dec 18, 2015 | $0.473 | CapitalGainLongTerm |
STMDX - Fund Manager Analysis
Managers
Andrew DiZio
Start Date
Tenure
Tenure Rank
Apr 02, 2012
10.17
10.2%
Andrew T. DiZio, CFA, is a Director of Sterling Capital. Mr. DiZio joined the Stratton Funds Team of Stratton Management Company in 2012 and Sterling Capital Management as part of a business acquisition in 2015. He has investment experience since 2003. Prior to joining Stratton Management Company, he was vice president at Janney Montgomery Scott where he served as a Real Estate Investment Trust sector analyst. Mr. DiZio is a graduate of Pennsylvania State University where he received his B.S. in Finance with a minor in Economics. He is a CFA charterholder and is a member of the CFA Society of Philadelphia and the CFA Institute.
Shawn Gallagher
Start Date
Tenure
Tenure Rank
Apr 02, 2012
10.17
10.2%
Shawn M. Gallagher, CFA®, Director, joined the Stratton Funds team of Stratton Management Company in 2005 and Sterling Capital Management as part of a business acquisition in 2015. He has investment experience since 2003. Shawn is the lead Portfolio Manager of the Stratton Mid Cap Value product and Associate Portfolio Manager of the Stratton Small Cap Value and Stratton Real Estate products. Prior to joining Stratton, he served as an analyst in AT&T's Financial Leadership Program. Shawn received his B.S. in Finance from Pennsylvania State University. He is a CFA® charterholder and is a member of the CFA® Society of Philadelphia and the CFA® Institute.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 28.42 | 8.32 | 2.68 |
