Sterling Capital Equity Income Fund Class A
BAEIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 3605 Glenwood Avenue Raleigh NC United States of America 27612
- IPO Date
- Jul 1, 2004
- CIK
- 0000889284
- Website
- sterlingcapital.com
- Similar Companies
- Business
- Sterling Capital Equity Income Fund Class A (BAEIX) is an open-end mutual fund that seeks capital growth and current income through investment primarily in high-quality, dividend growth equities. The fund normally invests at least 80% of its net assets plus borrowings for investment purposes in equity securities, focusing on dividend-paying common stocks of companies with strong balance sheets, reasonable valuations, sustained market and sales growth, and a history of dividend increases for at least three consecutive years or six of the last ten years; it may also invest in convertible securities for yield and engage in writing covered call options. The concentrated portfolio typically holds 30 to 35 core positions, targeting stocks with dividend yields exceeding that of the S&P 500 Index, with sector allocations emphasizing financial services, industrials, technology, consumer cyclical, and healthcare; top holdings as of September 30, 2025, include Analog Devices, Inc. (5.17%), Microsoft Corp. (5.02%), and New Linde PLC (4.61%). Incepted on June 30, 2004, and domiciled in the United States, the fund is managed by Sterling Capital Management LLC, headquartered in Charlotte, North Carolina, with operations supporting investors across the U.S. through multiple share classes including Class A (BAEIX, minimum investment $1,000, 5.75% front-end load), Class C (BCEGX), Class I (BEGIX, minimum $1,000,000), and Class R6 (STREX, launched February 1, 2018). Recent developments include portfolio manager transitions with Charles (Chip) Wittmann joining on July 12, 2021, and Jeremy Lopez on November 8, 2022, alongside ongoing strategic insights from the management team on market dynamics such as thawing U.S. housing opportunities, Federal Reserve rate cuts, and value amid momentum stock dominance as noted in 2025 commentaries; the fund maintains a weighted average market cap of $308.78 billion, annual turnover of 42%, and a net expense ratio of 1.08% for Class A shares.