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Morningstar

Sterling Capital Total Return Bond I BIBTX

Morningstar Medalist Rating
Medalist Rating as of | See Sterling Capital Investment Hub
  • NAV / 1-Day Return 9.30  /  0.64 %
  • Total Assets 1.0 Bil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 10,000,000
  • Status Open
  • TTM Yield 2.95%
  • Effective Duration 6.29 years

USD | NAV as of May 31, 2023 | 1-Day Return as of May 31, 2023, 10:11 PM GMT+0

Morningstar’s Analysis BIBTX

Will BIBTX 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 BIBTX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the BIBTX 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 BIBTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Sterling Capital Total Return Bond I's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral. The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings BIBTX

More BIBTX Holdings
  • Current Portfolio Date Apr 30, 2023
  • Equity Holdings 0
  • Bond Holdings 327
  • Other Holdings 4
  • % Assets in Top 10 Holdings 23.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.125%

4.09
41,978,852
Government

United States Treasury Bonds 2.5%

4.08
41,835,499
Government

United States Treasury Notes 2.625%

4.02
41,282,001
Government

United States Treasury Bonds 1.375%

3.49
35,837,883
Government

ONEMAIN FINANCIAL ISSUANCE TRUST 1.55%

1.78
18,288,866
Securitized

Fnma Pass-Thru I 3.5%

1.43
14,655,112
Securitized

HERTZ VEHICLE FINANCING III LLC 1.68%

1.36
13,970,623
Securitized

ONEMAIN DIRECT AUTO RECEIVABLES TRUST 2023-1 5.41%

1.27
13,002,813
Securitized

Fnma Pass-Thru I 3.5%

1.22
12,478,079
Securitized

Federal Home Loan Mortgage Corporation 5%

1.03
10,554,352
Securitized