Sterling Captl Equity Income CL (BEGIX)

andrei

Any opinion about this fund? Its performance during the last 9 years (since inception in 2004) was exceptional, smooth. It was slightly less steady than OAKBX and FPACX, but more rapidly growing (though it kind of moderated during the last 3 years). It has the same manager since 2004, which is encouraging, and yet I did not find much discussion of this fund. It has a moderate size of $1.3 B, one can buy it (institutional version) for $1M minimum, but one can get it at Fidelity IRA for $2500 minimum (paying $75 transfer fee). Also, one can get is at Scottrade for $50K minimum.

scott

I believe this used to be the name for BB&T funds.

http://www.prweb.com/releases/2011/2/prweb8115549.htm

Solid manager, has done pretty well. There didn't seem to be other highlights under the company last I looked.

MikeM

I don't know much about this fund but thanks for bringing it up. I've always liked PRBLX in the equity income space.

andrei

Thanks a lot. Interestingly, they have 20% in international stocks and 11% cash, like a more aggressive version of OAKBX or FPACX.