See what your fund actually adds

Sterling Capital North Carolina Intermediate Tax-Free Fund Class A BNCAX

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

BNCAX compared with its replication portfolio
MeasureBNCAXReplication
Annualized growth-0.4%0.5%
Annualized volatility3.9%3.9%
Sharpe ratio-0.090.16
Maximum drawdown9.6%9.6%
Replication fit (R²)0.96 · Tracking error 0.8%

Replication portfolio

The published portfolio below is the investable basket used to model BNCAX’s historical return behavior.

BNCAX replication basket weights
TickerBuilding blockWeight
MUBFI · Municipal74.5%
VGSHFI · Short Gov22.8%
STIPFI · Short TIPS2.7%