Sterling Capital Intermediate U.S. Government Fund Institutional Shares

Over

The fund normally invests at least 80% of its net assets plus borrowings for investment purposes in bonds issued or guaranteed by the U.S. government or its agencies and instrumentalities ("U.S. government securities"). It invests, under normal market conditions, in U.S. government securities, some of which may be subject to repurchase agreements, or in "high grade" mortgage-backed securities, including collateralized mortgage obligations. The fund will maintain an average duration between 2.5 and 7 years.