Sterling Capital Real Estate Fund Institutional Class
STMDX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3605 Glenwood Avenue Raleigh NC United States of America 27612
- IPO Date
- Jan 2, 1980
- CIK
- 0000889284
- Website
- sterlingcapital.com
- Similar Companies
- Business
- Sterling Capital Real Estate Fund Institutional Class (STMDX) is an open-end mutual fund that seeks total return through investment primarily in real estate securities. The fund invests, under normal circumstances, at least 80% of its net assets in securities of real estate and real estate related companies, or companies that own significant real estate assets, including Real Estate Investment Trusts (REITs); REITs provide exposure to income-producing real estate such as apartment complexes, office buildings, hotels, health care facilities, shopping centers, and shopping malls. It offers Class I shares with a minimum initial investment of $1,000,000 and no front-end or deferred sales charges, alongside other share classes including Class A (STMMX), Class C (STMOX), and Class R6 (SCREX). The fund, with approximately $67 million in assets under management, maintains a portfolio concentrated in U.S. real estate equities, featuring top holdings such as Welltower Inc. (9.16%), American Tower Corp. (8.34%), Digital Realty Trust Inc. (7.77%), Prologis Inc. (5.40%), and Ventas Inc. (4.88%) as of September 30, 2025; its weighted average market cap stands at $41.04 billion, with an annual turnover of 5% and net expense ratio of 0.86%. Sterling Capital Real Estate Fund Institutional Class operates within the real estate sector, targeting institutional and high-net-worth investors seeking exposure to U.S. real estate markets through diversified equity holdings. Managed by Sterling Capital Management LLC, an asset manager founded in 1970 and headquartered in Charlotte, North Carolina, the fund benefits from the firm's recent acquisition by Guardian Capital LLC, a wholly-owned subsidiary of Guardian Capital Group Limited (TSX: GCG, GCG.A), which was completed on July 2, 2024; this transaction added approximately $77 billion to Guardian's assets under management and administration, enhancing Sterling's scale and stability while preserving investment team autonomy. Sterling Capital Management LLC, now an indirect wholly-owned subsidiary of Guardian Capital Group Limited, continues to offer mutual funds, separately managed accounts, model portfolios, and other vehicles across fixed income, equity, and multi-asset strategies from offices in Charlotte, Raleigh, Virginia Beach, King of Prussia, and San Francisco.