Sterling Capital Funds Introduces New R6 Share Class

CHARLOTTE, N.C., Feb. 13, 2018 /PRNewswire/ -- Sterling Capital Management LLC (Sterling) announced today the Sterling Capital Funds added the R6 share class for seven of its mutual funds, which offers eligible clients a share class without shareholder servicing fees or sales charges. In addition to the R6 share class, all 25 Sterling Capital mutual funds are available in A, C and Institutional share classes.

As of Feb. 1, 2018, the R6 share class is available for the following mutual funds:

• Sterling Capital Behavioral Large Cap Value Equity Fund (STRAX)
• Sterling Capital Behavioral Small Cap Value Equity Fund (STRBX)
• Sterling Capital Behavioral International Equity Fund (STRCX)
• Sterling Capital Equity Income Fund (STREX)
• Sterling Capital Special Opportunities Fund (STRSX)
• Sterling Capital Mid Value Fund (STRMX)
• Sterling Capital Total Return Bond Fund (STRDX)

"We are very excited about launching our R6 share class," said John W. McAuley, CIMA, head of Sales and Client Service. "We look forward to bringing this new investment option to market within the defined contributions space."

This new share class is available to eligible employer-sponsored retirement plans such as 401(k) plans, 457(b) plans, 403(b) plans, profit-sharing plans and money purchase pension plans, defined benefit plans, and nonqualified deferred compensation plans.

Sterling Capital Management LLC

Sterling Capital Management, LLC, is a registered investment advisor founded in 1970, with over $55 billion in assets under management as of Dec. 31, 2017. Sterling is an independently managed subsidiary of BB&T Corporation, one of the nation's largest financial services holding companies. Headquartered in Charlotte, N.C., Sterling is comprised of more than 130 professionals in San Francisco, Calif; Atlanta, Ga.; Washington, D.C.; Raleigh, N.C.; Philadelphia, Pa.; and Richmond and Virginia Beach, Va. Sterling provides investment management services to a diverse group of clients, including corporate, public, health care, private clients, endowment, foundation, insurance, subadvisory and managed investment pools.

Mutual fund investing involves risk.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the fund, please call 888-228-1872 or visit our website at SterlingCapitalFunds.com. Read the prospectus carefully before investing.

Sterling Capital Management, LLC, an independently managed subsidiary of BB&T Corporation, serves as investment adviser to the Sterling Capital Funds and is paid a fee for its services. Shares of the Sterling Capital Funds are not deposits or obligations of, or guaranteed or endorsed by Branch Banking and Trust Company 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 or its affiliates.

SOURCE Sterling Capital Management LLC

Related Links

http://www.sterlingcapitalfunds.com