BIUCX

About BIUCX

Sterling Capital Intermediate U.S. Government Fund Class C is a mutual fund that primarily focuses on providing current income while emphasizing the preservation of capital. The fund invests mainly in U.S. government securities and high-grade mortgage-backed securities, targeting investments that carry low credit risk. Its portfolio typically features an average life of around 5.75 years and an effective duration of approximately 4.74 years, placing it in the intermediate-term government bond category and balancing interest rate sensitivity with income potential. A significant portion of the assets is allocated to securities issued or backed by the U.S. Treasury, government agencies, and mortgage agencies such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Holdings are concentrated in securities with the highest credit ratings, with over 99% of assets rated AAA or AA. The fund is benchmarked against the Bloomberg U.S. Intermediate Government Index, reflecting its dedication to tracking the performance of intermediate-term government securities. Designed for conservative investors seeking reliable income and limited risk, the fund plays an important role in diversified portfolios by offering stability and serving as a potential hedge against market volatility.