BUSRX

About BUSRX

Sterling Capital Ultra Short Bond Fund Class A is an open-end mutual fund focused on preserving capital while generating current income through a diversified portfolio of fixed income securities. The fund normally invests at least 80% of its net assets plus borrowings in bonds and maintains a very short interest-rate profile, targeting an average duration of 18 months or less to help mitigate rate sensitivity. It can allocate across U.S. government and agency securities, high-quality corporate debt, asset- and mortgage-backed securities, municipals, and U.S. dollar–denominated foreign issues, with up to 10% permitted in below-investment-grade bonds. Positioned in the ultrashort bond category, it distributes income monthly and is designed to offer a competitive total return relative to short-term benchmarks. Notable characteristics include a broadly diversified holdings base, low effective duration, and a focus on liquidity and credit quality that make it a tool for cash management, laddering strategies, or dampening portfolio volatility during shifting rate environments. Established in 2012, the fund seeks steady income with disciplined risk controls and transparent, frequent distributions.