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Morningstar

Sterling Capital NC Interm Tax-Free I BBNTX

Morningstar Medalist Rating
Medalist Rating as of | See Sterling Capital Investment Hub
  • NAV / 1-Day Return 10.07  /  +0.02 %
  • Total Assets 130.5 Mil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.39%
  • Effective Duration 4.85 years

USD | NAV as of Apr 20, 2024 | 1-Day Return as of Apr 20, 2024, 12:17 AM GMT+0

Morningstar’s Analysis BBNTX

Will BBNTX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BBNTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BBNTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BBNTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Sterling Capital NC Interm Tax-Free I to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings BBNTX

More BBNTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

RALEIGH N C COMB ENTERPRISE SYS REV 5%

2.55 3.4 Mil
municipal

NORTH CAROLINA ST LTD OBLIG 5%

2.42 3.2 Mil
municipal

NORTH CAROLINA ST GRANT ANTIC REV 4%

2.42 3.2 Mil
municipal

CHARLOTTE N C WTR & SWR SYS REV 5%

2.30 3.0 Mil
municipal

NORTH CAROLINA ST LTD OBLIG 5%

2.11 2.8 Mil
municipal

NORTH CAROLINA MED CARE COMMN HOSP REV 5%

1.95 2.6 Mil
municipal

RALEIGH N C 5%

1.92 2.5 Mil
municipal

CONCORD N C 5%

1.92 2.5 Mil
municipal

CHARLOTTE N C CTFS PARTN 5%

1.90 2.5 Mil
municipal

WILMINGTON N C 5%

1.82 2.4 Mil
municipal