# EDGAR Filing Document

**Accession Number:** 0000889284
**File Stem:** 0001398344-23-006834
**Filing Date:** 2023-3
**Character Count:** 4339
**Document Hash:** d39095079a73940359eb9687134e6c52
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-23-006834.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001398344-23-006834

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 14

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**EFFECTIVENESS DATE**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STERLING CAPITAL FUNDS
- **CENTRAL INDEX KEY:** 0000889284
- **IRS NUMBER:** 043331055
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-49098
- **FILM NUMBER:** 23786747

**BUSINESS ADDRESS:**
- **STREET 1:** 3605 GLENWOOD AVENUE
- **STREET 2:** SUITE 100
- **CITY:** RALEIGH
- **STATE:** NC
- **ZIP:** 27612
- **BUSINESS PHONE:** 8002281872

**MAIL ADDRESS:**
- **STREET 1:** 3605 GLENWOOD AVENUE
- **STREET 2:** SUITE 100
- **CITY:** RALEIGH
- **STATE:** NC
- **ZIP:** 27612

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BB&T FUNDS /
- **DATE OF NAME CHANGE:** 20010419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BB&T MUTUAL FUNDS GROUP
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Sterling Capital Real Estate Fund (Series ID: S000049656)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| A Shares   | STMMX         | C000156999 |
| C Shares   | STMOX         | C000157000 |

---

## Series and Classes Contracts Data

### Sterling Capital Real Estate Fund (Series ID: S000049656)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000156999 | A Shares     | STMMX           |
| C000157000 | C Shares     | STMOX           |

?xml version="1.0" encoding="utf-8"?

**STERLING CAPITAL FUNDS**

**SUPPLEMENT DATED MARCH 31, 2023**

**TO THE**

**CLASS A AND CLASS C SHARES PROSPECTUS, DATED FEBRUARY 1, 2023**

**This Supplement provides the following amended and supplemental information and supersedes any information to the contrary in the Class A and Class C Shares Prospectus, dated February 1, 2023 (the "Prospectus") with respect to the Sterling Capital Real Estate Fund:**

Effective March 31, 2023, the Bloomberg US 3000 REIT Index replaced the FTSE NAREIT All Equity REITs Index as the Sterling Capital Real Estate Fund's primary benchmark. The Average Annual Total Returns table is replaced with the following:

**Average Annual Total Returns** as of December 31, 2022

---

| | | | |
|:---|:---|:---|:---|
| | **1<br> Year** | **5<br> Years** | **10<br> Years** |
| **Class A Shares<sup>(1)</sup>** |  |  |  |
| Return Before Taxes | -30.57% | 3.13% | 6.32% |
| Return After Taxes on Distributions | -31.92% | 1.45% | 4.66% |
| Return After Taxes on Distributions<br> and Sale of Fund Shares | -17.34% | 2.17% | 4.63% |
| **Class C Shares<sup>(1)</sup>** | -26.88% | 3.59% | 6.39% |
| **Bloomberg US 3000 REIT Index<sup>(2)</sup>** |  |  |  |
| (reflects no deductions for fees,<br> expenses, or taxes) | -25.08% | 4.45% | -- |
| **FTSE NAREIT All Equity REITs Index<sup>(3)</sup>** |  |  |  |
| (reflects no deductions for fees,<br> expenses, or taxes) | -24.95% | 4.43% | 7.10% |
| **S&P 500<sup>®</sup> Index** |  |  |  |
| (reflects no deductions for fees,<br> expenses, or taxes) | -18.11% | 9.42% | 12.56% |

---

<sup>(1)</sup> Performance for Class A Shares and Class C Shares for periods prior to inception on November 16, 2015 is based on the performance of the shares of the Fund's predecessor, the Stratton Real Estate Fund (the "Predecessor Fund"), which transferred all of its assets and liabilities to the Fund pursuant to a reorganization.

<sup>(2)</sup> Effective March 31, 2023, the primary benchmark for the Fund changed from the FTSE NAREIT All Equity REITs Index to the Bloomberg US 3000 REIT Index (the "New Benchmark"), as the New Benchmark was determined to be a more appropriate broad-based index for comparison purposes.

<sup>(3)</sup> Returns for the FTSE NAREIT All Equity REITs Index are included to show how the Fund's performance compared with the returns of all publicly traded REITs that invest predominantly in the equity ownership of real estate and the index is designed to reflect the performance of all publicly traded equity REITs as a whole.

SHAREHOLDERS SHOULD RETAIN THIS SUPPLEMENT

WITH THE PROSPECTUS FOR FUTURE REFERENCE.

STATSUP-0323-1