Sterling Capital Management Adds Three New Stratton Funds

16 Nov, 2015, 05:00 ET from Sterling Capital Management LLC

CHARLOTTE, N.C., Nov. 16, 2015 /PRNewswire/ -- Sterling Capital Management LLC (Sterling) announced today the addition of three equity funds previously managed by Stratton Management Company (Stratton): Mid Cap Value, Small Cap Value and Real Estate. Effective today, these funds are now part of Sterling's lineup of 25 mutual funds, offering investors access to a variety of asset classes and sectors.

The Sterling Capital Stratton Mid Cap Value Fund is for investors who desire a focus on capital appreciation, are seeking equity exposure to the mid-capitalization segment of the U.S. equity market, and are investing for retirement or other long-term goals. The Sterling Capital Stratton Real Estate Fund is for investors who seek total return through real estate securities. In pursuing total return, the fund emphasizes both capital appreciation and current income. The Sterling Capital Stratton Small Cap Value Fund is for those who prefer an investment that focuses on capital appreciation, are willing to accept more market risk in return for potentially higher returns that may come from investing in small-cap companies, and are investing for retirement or other long-term goals.

"We are very excited to bring on these new strategies that complement our existing suite of investment solutions," said John W. McAuley, CIMA, head of sales & client service at Sterling. "The combined entity will allow us to meet the ever-changing landscape of the adviser community."

The Sterling Capital Stratton funds have an extensive track record dating back to 1972 and will be offered in share classes A, C, and Institutional. Designed to be identical from an investment perspective to each corresponding Stratton Mutual Funds, clients can expect the same high-quality fund management by the Stratton portfolio managers, based in Philadelphia, Pa., who have joined Sterling Capital.

"We look forward to joining the Sterling Capital team and are confident shareholders will greatly benefit from this combination," said Gerald M. Van Horn, CFA, portfolio manager of the Small Cap Value Fund. "Sterling's scale and depth of operational support will allow us to continue to focus on the well-established investment processes of these three products." 

Sterling Capital Management LLC

Sterling Capital Management, LLC, is a registered investment advisor founded in 1970, with more than $50 billion in assets under management as of September 30, 2015. Sterling is an independently operated 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 120 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, sub-advisory, and managed investment pools. Pensions & Investments magazine ranked Sterling No. 134 in the 2015 "Largest Global Money Managers" report.

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.

Mutual fund investing involves risk including a possible loss of principal.

Sterling Capital Management LLC, a separate 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.

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SOURCE Sterling Capital Management LLC



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