BSCIX

About BSCIX

Sterling Capital South Carolina Intermediate Tax-Free Fund Institutional Shares is an actively managed municipal bond mutual fund focused on generating current income that is exempt from federal and South Carolina state income taxes while emphasizing preservation of capital. The strategy targets the intermediate portion of the yield curve, using top‑down duration and yield‑curve positioning with a focus on high‑quality, liquid issues to balance income and price stability. The portfolio is non-diversified and typically maintains a dollar‑weighted average maturity of more than three years but less than ten years, aligning interest‑rate sensitivity with its intermediate mandate. Institutional Shares date back to 1997 and employ an approach centered on relative value across sectors, with disciplined buy and sell criteria to optimize risk‑adjusted total return. As of June 30, 2025, the fund reported an effective duration indicative of intermediate exposure and distributed tax‑exempt income monthly, reflecting its income orientation. The fund plays a niche role for investors seeking state‑specific municipal exposure, offering targeted tax efficiency for South Carolina residents within the broader U.S. municipal bond market.