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Strategic Allocation Balanced Fund

Strategic Allocation Balanced Fund    Fact Sheet


Fixed Income



A Shares (BAMGX)
Inception: 01.29.1998
C Shares (BCMCX)
Inception: 02.01.2001
Inst'l Shares (BCGTX)
Inception: 10.02.1997

Philosophy and Process

  • The Fund seeks capital appreciation and, secondarily, income by investing primarily in a group of diversified Sterling Capital Funds which invest mainly in equity and fixed income securities.
  • The portfolio management team will make allocation decisions according to their outlook for the economy, financial markets and relative market valuation of the Underlying Funds.
  • The Fund will invest 45% to 75% of its total assets in Underlying Funds which invest mainly in equity securities, 25% to 55% of its total assets in Underlying Funds which invest mainly in fixed income securities (including investment grade and high yield ("junk") bonds and floating rate securities) and up to 15% of its total assets in underlying Funds which are money market funds.

Investment Considerations

The Strategic Allocation Funds (Funds of Funds) are primarily concentrated in underlying funds and are therefore subject to the same risks the funds are invested in as well as entail higher expenses than if invested into a fund directly. The underlying funds may be invested in equity securities and is subject to market risk. Investments in bonds are subject to credit risk, call risk and interest rate risk so that as interest rates rise the value of bond prices will decline. The underlying funds may invest in more aggressive investments such as foreign securities, which involve certain risks such as currency volatility, political and social instability and reduced market liquidity; small capitalization companies subject to greater volatility and less liquidity due to limited resources or product lines and more sensitivity to economic factors; and high-yield (junk) debt securities which involve greater risks than investment grade bonds.

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in them.

Fund Facts

Class A Shares Class C Shares Class Inst'l Shares
Inception Date 01.29.199802.01.200110.02.1997
Investment Min. $1,000.00$1,000.00$1,000,000.00
Subsequent Investment Min.* $0.00$0.00$0.00
Max. Up Front Sales Charge 5.75%N/AN/A
Max. Deferred Sales Charge N/A1.00%N/A
*If subsequent investments are made as part of an AIP, the minimum is $25.


James C. Willis, CFA®
James C. Willis, CFA®

Managing Director

View Biography
Jeffrey J. Schappe, CFA®
Jeffrey J. Schappe, CFA®

Managing Director

View Biography
Kevin J. Stoll, CFA®
Kevin J. Stoll, CFA®

Managing Director

View Biography


Fund Performance as of 09.30.2020

QTR YTD 1 Year 3 Years 5 Years 10 Years Since
A Shares with 5.75% Sales Charge -2.00% -9.86% -5.62% 0.06% 3.63% 4.83% 3.80%
A Shares without Sales Charge 3.94% -4.33% 0.17% 2.07% 4.87% 5.45% 4.07%
Institutional Shares 4.07% -4.11% 0.43% 2.34% 5.13% 5.72% 4.33%
Lipper Mixed-Asset Target Allocation Moderate Median 4.52% 1.73% 6.29% 5.03% 6.73% 6.65% N/A

The gross expense ratios for Class A, C and I Shares are 1.29%, 2.04% and 1.04%, respectively. The net expense ratios for Class A, C and I Shares are 1.04%, 1.79% and 0.79%, respectively.

*The Advisor has contractually agreed to limit certain fees paid by the Fund from February 1, 2020 through January 31, 2021. Performance would have been lower without limitations in effect.

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit the performance summary.

The performance of the Strategic Allocation Balanced Fund reflects the deduction of fees for value-added services associated with a mutual fund, such as investment management and fund accounting fees. The inception date for Class A Shares is 01/29/1998. The inception date for Class C Shares is 02/01/2001. The inception date for Class Inst'l Shares is 10/02/1997. Performance for Class A Shares for periods prior to inception is based on the performance of Institutional Shares of the Fund. Performance for Class C Shares for periods prior to inception is based on the performance of Class A Shares. The performance shown reflects the reinvestment of all dividend and capital gains distributions. The Fund is structured as a fund-of-funds and is subject to the same risks as the funds they hold. Investors will incur the expenses of the Fund in addition to fees of the underlying funds in the portfolio.


Asset Allocation as of 09.30.2020

Allocations are based on the current weight to funds in the cited Sector. The composition of the fund's holdings is subject to change.

Growth of $10,000 as of 09.30.2020

The Growth of $10,000 chart is hypothetical based upon the performance of A Shares at NAV for the period ended 09/30/2020. It includes the reinvestment of dividends and capital gains.

Glossary of Terms


Fact Sheet
Monthly Holdings
Fund Reports
Fund Reports

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Not a deposit - Not FDIC insured - Not guaranteed by the bank - Not insured by any government agency - May lose value

An investor should consider a fund's investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about the Sterling Capital Funds can be found in the Funds' prospectus. To obtain a prospectus, please call 1 (888) 228-1872 or click here. Please read the prospectus carefully before investing.

Sterling Capital Management LLC, a separate subsidiary of Truist Financial Corporation, serves as investment adviser to the Sterling Capital Funds and is paid a fee for its services as described in the prospectus. Shares of the Sterling Capital Funds are not deposits or obligations of, or guaranteed or endorsed by, Branch Banking and Trust Company now Truist Bank or its affiliates. The Funds are not insured by the FDIC or any other government agency. The Funds are distributed by Sterling Capital Distributors LLC, which is not affiliated with Branch Banking and Trust Company now Truist Bank or its affiliates.