Sterling Capital Behavioral Small Cap Value Equity Fund

---

Sterling Capital Behavioral Small Cap Value Equity Fund Portfolio Holdings, March 31, 2019 (unaudited)

Security Name ISHARES RUSSELL 2000 VALUE INDEX FUND FEDERATED TREASURY OBLIGATIONS FUND MGIC INVESTMENT CORP PORTLAND GENERAL ELECTRIC CO. IDACORP, INC. RADIAN GROUP, INC. NORTHWESTERN CORP. FIRST BANCORP/PUERTO RICO ALLETE, INC. IBERIABANK CORP. TECH DATA, CORP. ABERCROMBIE & FITCH CO. BLACK HILLS CORP. DECKERS OUTDOOR, CORP. AES CORP/VA AMERICAN EQUITY INVESTMENT LIFE HOLDING FTI CONSULTING, INC. HANCOCK HOLDING CO. NEW RESIDENTIAL INVESTMENT CORP. PINNACLE WEST CAPITAL CORP. SABRA HEALTH CARE REIT, INC. OFG BANCORP CNO FINANCIAL GROUP, INC. BED BATH & BEYOND, INC. FABRINET WASHINGTON FEDERAL, INC. NELNET, INC. OFFICE DEPOT, INC. LOUISIANA-PACIFIC CORP. ENTERPRISE FINANCIAL SERVICES CORP. ZIONS BANCORPORATION MEDICAL PROPERTIES TRUST, INC. ABM INDUSTRIES, INC. CATHAY GENERAL BANCORP ESSENT GROUP, LTD. RENT-A-CENTER, INC. (TX) ARCH COAL, INC. EL PASO ELECTRIC CO. CORE-MARK HOLDING CO., INC. CIRRUS LOGIC, INC. K12, INC. FLAGSTAR BANCORP, INC. SINCLAIR BROADCAST GROUP, INC. MURPHY USA, INC. LADDER CAPITAL CORP. REINSURANCE GROUP OF AMERICA, INC. HEIDRICK & STRUGGLES INTERNATIONAL, INC. VERSO CORP. MALLINCKRODT PLC DOMTAR CORP. HOLLYFRONTIER CORP. GENWORTH FINANCIAL, INC., CLASS A PENNYMAC, MORTGAGE INVESTMENT TRUST PIEDMONT OFFICE REALTY TRUST, INC. RAMBUS, INC. INSIGHT ENTERPRISES, INC. POPULAR, INC. GREAT WESTERN BANCORP, INC. PATTERSON COS., INC. REDWOOD TRUST, INC. HOPE BANCORP, INC. SANTANDER CONSUMER USA HOLDINGS, INC. ENCOMPASS HEALTH CORP. WARRIOR MET COAL, INC. MATERION CORP. ORITANI FINANCIAL CORP. ATLAS AIR WORLDWIDE HOLDINGS, INC. TRIMAS CORP. SALLY BEAUTY HOLDINGS, INC. TREEHOUSE FOODS, INC. W&T OFFSHORE, INC. INDUSTRIAL LOGISTICS PROPERTIES TRUST EMPLOYERS HOLDINGS, INC. XEROX CORP. ASSURED GUARANTY, LTD. TRUSTCO BANK CORP., NY MATSON, INC. HIBBETT SPORTS, INC.

Security ID 464287630 60934N500 552848103 736508847 451107106 750236101 668074305 318672706 018522300 450828108 878237106 002896207 092113109 243537107 00130H105 025676206 302941109 410120109 64828T201 723484101 78573L106 67103X102 12621E103 075896100 B4JSZL8 938824109 64031N108 676220106 546347105 293712105 989701107 58463J304 000957100 149150104 BFWGXR8 76009N100 039380407 283677854 218681104 172755100 48273U102 337930705 829226109 626755102 505743104 759351604 422819102 92531L207 BBJTYC4 257559203 436106108 37247D106 70931T103 720190206 750917106 45765U103 733174700 391416104 703395103 758075402 43940T109 80283M101 29261A100 93627C101 576690101 68633D103 049164205 896215209 79546E104 89469A104 92922P106 456237106 292218104 984121608 B00V7H8 898349105 57686G105 428567101

Ticker IWN TOIXX MTG POR IDA RDN NWE FBP ALE IBKC TECD ANF BKH DECK AES AEL FCN HWC NRZ PNW SBRA OFG CNO BBBY FN WAFD NNI ODP LPX EFSC ZION MPW ABM CATY ESNT RCII ARCH EE CORE CRUS LRN FBC SBGI MUSA LADR RGA HSII VRS MNK UFS HFC GNW PMT PDM RMBS NSIT BPOP GWB PDCO RWT HOPE SC EHC HCC MTRN ORIT AAWW TRS SBH THS WTI ILPT EIG XRX AGO TRST MATX HIBB

Shares or Par Market Value 26,149 $ 3,135,265 2,573,428 2,573,428 170,146 2,244,226 40,603 2,104,860 19,621 1,953,074 91,304 1,893,645 26,701 1,880,017 149,562 1,713,981 20,185 1,659,813 22,902 1,642,302 15,986 1,637,126 59,358 1,627,003 21,896 1,621,837 10,922 1,605,425 87,889 1,589,033 58,428 1,578,725 19,587 1,504,673 36,748 1,484,619 87,665 1,482,415 15,185 1,451,382 73,988 1,440,546 71,254 1,410,117 86,045 1,392,208 81,543 1,385,416 26,308 1,377,487 47,535 1,373,286 24,777 1,364,469 374,154 1,358,179 55,193 1,345,605 32,733 1,334,524 28,840 1,309,624 70,386 1,302,845 35,605 1,294,242 38,007 1,288,817 29,631 1,287,467 61,505 1,283,609 13,987 1,276,593 21,612 1,271,218 34,057 1,264,536 29,997 1,261,974 36,732 1,253,663 38,028 1,251,882 32,465 1,249,253 14,354 1,228,989 70,926 1,207,161 8,494 1,205,978 30,384 1,164,619 54,123 1,159,315 52,917 1,150,416 23,085 1,146,170 23,156 1,140,896 296,221 1,134,526 54,635 1,131,491 54,174 1,129,528 108,009 1,128,694 20,455 1,126,252 21,489 1,120,222 35,290 1,114,811 50,539 1,104,277 67,500 1,090,125 82,941 1,084,868 51,028 1,078,222 18,457 1,077,889 35,372 1,075,309 18,611 1,061,944 63,509 1,056,155 20,699 1,046,541 34,335 1,037,947 55,844 1,028,088 15,881 1,025,119 148,334 1,023,505 50,679 1,022,195 25,398 1,018,714 31,621 1,011,240 22,618 1,004,918 129,469 1,004,679 27,823 1,004,132 43,710 997,025

% of Total Coupon Rate Maturity or Market Value* (%) Expiration Date 1.50% 1.23% 1.07% 1.00% 0.93% 0.90% 0.90% 0.82% 0.79% 0.78% 0.78% 0.78% 0.77% 0.77% 0.76% 0.75% 0.72% 0.71% 0.71% 0.69% 0.69% 0.67% 0.66% 0.66% 0.66% 0.66% 0.65% 0.65% 0.64% 0.64% 0.62% 0.62% 0.62% 0.61% 0.61% 0.61% 0.61% 0.61% 0.60% 0.60% 0.60% 0.60% 0.60% 0.59% 0.58% 0.58% 0.56% 0.55% 0.55% 0.55% 0.54% 0.54% 0.54% 0.54% 0.54% 0.54% 0.53% 0.53% 0.53% 0.52% 0.52% 0.51% 0.51% 0.51% 0.51% 0.50% 0.50% 0.50% 0.49% 0.49% 0.49% 0.49% 0.49% 0.48% 0.48% 0.48% 0.48% 0.48% -

The coupon rate represents the rates of the underlying Bonds in the portfolio and does not represent the performance of the Fund itself. Holdings are subject to change.

1 of 3

Sterling Capital Behavioral Small Cap Value Equity Fund Portfolio Holdings, March 31, 2019 (unaudited)

Security Name GENESCO, INC. ON SEMICONDUCTOR CORP. ARBOR REALTY TRUST, INC. PARK HOTELS & RESORTS, INC. NEW YORK MORTGAGE TRUST, INC. NATIONAL FUEL GAS CO. OGE ENERGY CORP. SHOE CARNIVAL, INC. FIRST BANCORP (SOUTHERN PINES, NC) BARRETT BUSINESS SERVICES, INC. KIMCO REALTY CORP. POST HOLDINGS, INC. PERFICIENT, INC. BRIXMOR PROPERTY GROUP, INC. XPERI CORP. COM TTM TECHNOLOGIES, INC. DSW, INC. COMMUNITY TRUST BANCORP, INC. AMKOR TECHNOLOGY, INC. BANK OF THE OZARKS, INC. PENNYMAC FINANCIAL SERVICES, INC. AVX CORP. PC CONNECTION, INC. GREAT LAKES DREDGE & DOCK CORP. PAR PACIFIC HOLDINGS INC PEAPACK GLADSTONE FINANCIAL CORP ARCBEST CORP. CADENCE BANCORP REXFORD INDUSTRIAL REALTY, INC. SANDY SPRING BANCORP, INC. TENET HEALTHCARE CORP. COLUMBIA PROPERTY TRUST, INC. QUANEX BUILDING PRODUCTS CORP. AMERICAN EAGLE OUTFITTERS, INC. ALLISON TRANSMISSION HOLDINGS, INC. SIMMONS FIRST NATIONAL CORP VERA BRADLEY, INC. CHIMERA INVESTMENT CORP. AMBAC FINANCIAL GROUP, INC. RENEWABLE ENERGY GROUP, INC. ASSOCIATED BANC-CORP. KEMET CORP. ADTRAN, INC. DICK'S SPORTING GOODS, INC. ENNIS, INC. ATKORE INTERNATIONAL GROUP, INC. GREAT SOUTHERN BANCORP, INC. CHERRY HILL MORTGAGE INVESTMENT CORP. ZUMIEZ, INC. FIRST FINANCIAL CORP/IN FOOT LOCKER, INC. CVR ENERGY INC ARES COMMERCIAL REAL ESTATE CORP. ENDURANCE INTERNATIONAL GROUP HOLDINGS, SIGNATURE BANK (NY) ONEMAIN HOLDINGS INC SUNCOKE ENERGY, INC. PROPETRO HOLDING CORP. HAVERTY FURNITURE COS, INC. PBF ENERGY, INC. ANWORTH MORTGAGE ASSET CORP. HOSPITALITY PROPERTIES TRUST GLOBAL BRASS & COPPER HOLDINGS, INC. KFORCE, INC. SEAWORLD ENTERTAINMENT, INC. CUSTOMERS BANCORP, INC. MARINEMAX, INC. DAKTRONICS, INC. FRANKLIN FINANCIAL NETWORK, INC. FINANCIAL INSTITUTIONS, INC. CIT GROUP INC MATRIX SERVICE CO. JAZZ PHARMACEUTICALS, PLC MEET GROUP, INC. COM GENESEE & WYOMING, INC. PERFORMANCE FOOD GROUP CO REGAL-BELOIT CORP. IMMERSION CORP.

Security ID 371532102 682189105 038923108 700517105 649604501 636180101 670837103 824889109 318910106 068463108 49446R109 737446104 71375U101 11120U105 98421B100 87305R109 23334L102 204149108 031652100 06417N103 70932M107 002444107 69318J100 390607109 69888T207 704699107 03937C105 12739A100 76169C100 800363103 88033G407 198287203 747619104 02553E106 01973R101 828730200 92335C106 16934Q208 023139884 75972A301 045487105 488360207 00738A106 253393102 293389102 047649108 390905107 164651101 989817101 320218100 344849104 12662P108 04013V108 29272B105 82669G104 68268W103 86722A103 74347M108 419596101 69318G106 037347101 44106M102 37953G103 493732101 81282V100 23204G100 567908108 234264109 35352P104 317585404 125581801 576853105 B4Q5ZN4 58513U101 371559105 71377A103 758750103 452521107

Ticker GCO ON ABR PK NYMT NFG OGE SCVL FBNC BBSI KIM POST PRFT BRX XPER TTMI DSW CTBI AMKR OZK PFSI AVX CNXN GLDD PARR PGC ARCB CADE REXR SASR THC CXP NX AEO ALSN SFNC VRA CIM AMBC REGI ASB KEM ADTN DKS EBF ATKR GSBC CHMI ZUMZ THFF FL CVI ACRE EIGI SBNY OMF SXC PUMP HVT PBF ANH HPT BRSS KFRC SEAS CUBI HZO DAKT FSB FISI CIT MTRX JAZZ MEET GWR PFGC RBC IMMR

Shares or Par 21,856 48,276 75,656 31,291 158,351 15,751 22,247 28,140 27,513 12,222 50,861 8,501 33,840 50,454 39,606 78,917 41,334 22,338 107,207 31,374 40,350 51,288 24,230 99,175 49,553 33,493 28,482 47,219 24,442 27,780 29,907 38,304 54,141 38,667 19,062 34,682 64,018 45,236 46,613 38,459 39,515 49,519 61,308 22,812 40,412 38,837 16,041 48,136 33,299 19,703 13,611 19,898 53,857 112,627 6,374 25,589 95,294 35,715 36,771 25,812 198,537 30,411 23,175 22,541 30,712 43,194 41,249 105,451 27,065 28,856 16,312 39,940 5,467 155,009 8,896 19,431 9,343 90,708

Market Value 995,541 993,037 981,258 972,524 964,358 960,181 959,291 957,604 956,352 945,127 940,929 930,009 926,878 926,840 926,780 925,696 918,441 917,198 915,548 909,219 897,384 889,334 888,514 883,649 882,539 878,186 876,961 875,912 875,268 868,958 862,518 862,223 860,300 857,247 856,265 849,015 848,239 847,723 844,628 844,560 843,645 840,337 839,920 839,710 838,953 836,161 832,528 828,902 828,812 827,526 824,827 819,798 818,088 816,546 816,318 812,451 809,046 805,016 804,549 803,786 802,089 800,113 798,147 791,640 791,141 790,882 790,331 785,610 785,156 784,306 782,487 782,025 781,508 779,695 775,197 770,245 764,911 764,668

% of Total Coupon Rate Maturity or Market Value* (%) Expiration Date 0.48% 0.47% 0.47% 0.46% 0.46% 0.46% 0.46% 0.46% 0.46% 0.45% 0.45% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44% 0.43% 0.43% 0.42% 0.42% 0.42% 0.42% 0.42% 0.42% 0.42% 0.42% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.36% 0.36% -

The coupon rate represents the rates of the underlying Bonds in the portfolio and does not represent the performance of the Fund itself. Holdings are subject to change.

2 of 3

Sterling Capital Behavioral Small Cap Value Equity Fund Portfolio Holdings, March 31, 2019 (unaudited)

Security Name DANA, INC. AGCO CORP. VICI PROPERTIES, INC. RELIANCE STEEL & ALUMINUM CO. SONOCO PRODUCTS CO. MASTEC, INC. MFA FINANCIAL, INC. SL GREEN REALTY CORP. ENSIGN GROUP, INC. (THE) COMMSCOPE HOLDING CO., INC. OLD REPUBLIC INTERNATIONAL CORP. NIC, INC. PREMIER, INC. INNOVIVA, INC. UNITED THERAPEUTICS CORP. TERRENO REALTY CORP BERRY PLASTICS GROUP, INC. SYNOVUS FINANCIAL CORP COPA HOLDINGS SA ECHOSTAR CORP. MACQUARIE INFRASTRUCTURE CORP. NANOMETRICS, INC. FNB CORP. (PA) MUELLER INDUSTRIES, INC. OWENS-ILLINOIS, INC. WILLIAMS-SONOMA, INC. PREFERRED BANK/LOS ANGELES CA MERCHANTS BANCORP (IN) STERLING BANCORP/DE ATHENE HOLDING, LTD. UNUM GROUP COMFORT SYSTEMS USA, INC. TURTLE BEACH CORP. NAVIENT CORP. HELIX ENERGY SOLUTIONS GROUP, INC. AEROJET ROCKETDYNE HOLDINGS, INC. CBL & ASSOCIATES PROPERTIES, INC. JETBLUE AIRWAYS CORP. TITAN MACHINERY, INC. SPIRIT REALTY CAPITAL, INC. REGIONAL MANAGEMENT CORP. SMITH & WESSON HOLDING CORP. RBB BANCORP ALASKA AIR GROUP, INC. DENBURY RESOURCES, INC. BUCKLE, INC. (THE) GREAT AJAX CORP. DIAMONDROCK HOSPITALITY CO. INDEPENDENT BANK CORP./MI UNIVERSAL LOGISTICS HOLDINGS, INC. RAYONIER ADVANCED MATERIALS INC BANNER CORP. LANTHEUS HOLDINGS, INC. LTC PROPERTIES, INC. GROUP 1 AUTOMOTIVE, INC. DIME COMMUNITY BANCSHARES, INC. SPIRE, INC. DYNEX CAPITAL, INC. UNITED NATURAL FOODS, INC. ENCORE WIRE CORP. TRISTATE CAPITAL HOLDINGS, INC. GETTY REALTY CORP. * % of Total Market Value may not sum to 100.00% due to rounding.

Security ID 235825205 001084102 925652109 759509102 835495102 576323109 55272X102 78440X101 29358P101 20337X109 680223104 62914B100 74051N102 45781M101 91307C102 88146M101 08579W103 87161C501 B0TNJH9 278768106 55608B105 630077105 302520101 624756102 690768403 969904101 740367404 58844R108 85917A100 BZ13MZ1 91529Y106 199908104 900450206 63938C108 42330P107 007800105 124830100 477143101 88830R101 84860W300 75902K106 02874P103 74930B105 011659109 247916208 118440106 38983D300 252784301 453838609 91388P105 75508B104 06652V208 516544103 502175102 398905109 253922108 84857L101 26817Q506 911163103 292562105 89678F100 374297109

Ticker DAN AGCO VICI RS SON MTZ MFA SLG ENSG COMM ORI EGOV PINC INVA UTHR TRNO BERY SNV CPA SATS MIC NANO FNB MLI OI WSM PFBC MBIN STL ATH UNM FIX HEAR NAVI HLX AJRD CBL JBLU TITN SRC RM AOBC RBB ALK DNR BKE AJX DRH IBCP ULH RYAM BANR LNTH LTC GPI DCOM SR DX UNFI WIRE TSC GTY

Shares or Par 42,928 10,939 34,646 8,333 12,216 15,612 102,913 8,316 14,597 34,167 35,459 43,061 21,314 52,337 6,246 17,428 13,593 21,266 9,015 19,879 17,565 23,417 68,033 22,944 37,278 12,539 15,572 32,431 37,316 17,001 20,427 13,092 59,621 58,517 84,913 18,784 426,821 39,682 40,836 15,637 25,190 65,112 32,223 10,633 283,899 30,796 41,204 51,983 24,943 26,771 37,965 8,970 14,983 6,925 4,815 15,235 2,770 35,822 15,314 3,419 8,514 4,334

Market Value 761,543 760,807 758,054 752,137 751,650 750,937 748,178 747,775 747,220 742,449 741,802 735,912 735,120 734,288 733,093 732,673 732,255 730,700 726,699 724,590 724,029 723,117 721,150 719,065 707,536 705,570 700,273 697,267 695,197 693,641 691,045 685,890 677,295 677,042 671,662 667,396 661,573 649,198 635,408 621,258 615,140 608,146 605,792 596,724 581,993 576,501 566,143 562,976 536,275 526,853 514,805 485,905 366,784 317,165 311,531 285,352 227,943 218,156 202,451 195,635 173,941 138,818 $ 209,569,196

% of Total Coupon Rate Maturity or Market Value* (%) Expiration Date 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.34% 0.34% 0.34% 0.34% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.32% 0.32% 0.32% 0.32% 0.32% 0.31% 0.30% 0.30% 0.29% 0.29% 0.29% 0.28% 0.28% 0.28% 0.27% 0.27% 0.26% 0.25% 0.25% 0.23% 0.18% 0.15% 0.15% 0.14% 0.11% 0.10% 0.10% 0.09% 0.08% 0.07% 99.98%

The coupon rate represents the rates of the underlying Bonds in the portfolio and does not represent the performance of the Fund itself. Holdings are subject to change.

3 of 3