BASCX

About BASCX

Sterling Capital South Carolina Intermediate Tax-Free Fund Class A is a municipal bond mutual fund focused on providing current income that is exempt from federal and South Carolina state income taxes, while emphasizing preservation of capital. The portfolio primarily holds investment-grade South Carolina municipal securities across general obligation and revenue bonds, maintaining an intermediate interest-rate profile with an effective duration near the mid-single-digits and an average life of roughly eight years. The fund distributes income monthly, with recent 30-day SEC yield data reported for the share class and no income subject to the federal alternative minimum tax, reflecting its tax-sensitive mandate. It is actively managed with a compact lineup of a few dozen holdings, aiming to balance tax-exempt income generation with risk control through diversified municipal exposure. Established in 1997, the strategy’s long track record underscores its role as a regional tax-exempt income option for South Carolina residents seeking intermediate-duration municipal bond exposure within a disciplined, income-oriented framework.