BVACX

About BVACX

Sterling Capital Virginia Intermediate Tax-Free Fund Class C is a municipal bond mutual fund focused on generating current income that is exempt from federal and Virginia state income taxes, while emphasizing preservation of capital. The portfolio invests primarily in high-credit-quality Virginia municipal securities across general obligation, revenue, and tax-exempt commercial paper, concentrating on the intermediate segment of the yield curve to balance income and interest rate risk. The strategy is actively managed with top‑down duration and yield-curve positioning, seeking relative value across sectors and issuers and adjusting holdings as credit or market conditions change. The fund is non-diversified and typically maintains an intermediate duration profile consistent with single‑state municipal peers. It offers monthly distributions and a Class C share structure designed for accessibility with a low initial minimum investment and a deferred sales charge framework. Within Virginia’s tax‑exempt market, the fund serves investors seeking state-specific municipal exposure, providing targeted participation in infrastructure and public finance projects while aiming to deliver tax‑advantaged income and moderate volatility relative to longer-duration municipal strategies.