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SCMC

GradeCChicago Board Options Exchange

Sterling Capital Multi-Strategy Income ETF

Core US Bond · Sterling Capital · Inception 2025-12-11 · SEC filings

$24.60−0.12 (−0.47%)

As of Sep 23, 2026, 2:11 PM EDT

History starts Dec 11, 2025.History starts Dec 11, 2025.
Intraday session: down, 13 prints from 24.72 to 24.60. Range 24.59 to 24.72. Use the arrow keys to read each point.$24.65$24.7010 AM12 PM2 PM4 PM
Expense ratio
0.55%
Fund size
$230M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$24.64
52W range
low $24.64high $25.43

The ETF.net SCMC Grade

C

48/ 100

Rank 21 of 29 in Global Aggregate Bond (Unhedged)⁠

Confidence High

Six-pillar profile for SCMC. Scores out of 100: Cost 21, Risk 75, Mission 67, Tradability 23, Holdings 90, Durability 30. Strongest: Holdings (90). Weakest: Cost (21). Leans toward Holdings.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 48 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 21
    Category rank24/29 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 67
    Category rank19/27 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 75
    Category rank5/29 · top 17%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 23
    Category rank26/29 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 90
    Category rank3/29 · top 10%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 30
    Category rank27/29 · bottom quartile

Graded as of Sep 22, 2026

Our read on SCMC

ETF.net Research

CA go-anywhere bond fund in a category built on index clones. Sterling Capital's managers roam US and overseas debt hunting total return and current income, rather than owning whatever the aggregate index says to own. It opened in December 2025.

Stated mandate

The actively managed ETF seeks competitive total return and current income. It uses a flexible, unconstrained approach across U.S. and non-U.S. markets, normally investing at least 80% of its assets in bonds and other debt obligations.

Why people hold it

  1. 01Unconstrained by design: the mandate spans US, developed international and emerging market debt, with at least 80% of assets in bonds and other debt obligations.
  2. 02Actively managed, so the credit and sector mix shifts with the manager's read instead of tracking a fixed benchmark.
  3. 03Current income sits in the objective itself, alongside total return, not as an afterthought.
  4. 04The portfolio is the strong suit: broad issuer and sector spread, with no structural red flags in the fund's filings.

Worth knowing

  1. 010.55% a year is the cost of the flexibility. The index-tracking aggregate bond giants (BND, SCHZ, SPAB) run at 0.03%.
  2. 02It launched in December 2025, so there's no long record showing how this strategy handles a full credit cycle.
  3. 03A small, lightly traded fund so far, which can mean wider spreads, and the filings don't lock in a set distribution schedule.

SCMC Holdings

As of Sep 20, 2026, 8:43 AM
Asset class
Bonds
Holdings
—
Top-10 weight
11%
Largest holding
B 10/01/261.8%
The fund’s holdings, weight-ordered — page 1 of 13.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—B 10/01/261.78%4,099,500$4M21
002—FEDERATED HERMES MM TREAS1.40%3,218,895$3M6
003—FR SL08081.11%2,546,522$3M1
004—GBLATL 7.95 10/15/541.01%2,332,000$2M13
005—SECBEN 6 1/2 PERP1.01%2,516,000$2M3
006—OMF 7 7/8 03/15/300.99%2,225,000$2M6
007—GNR 2025-134 VE0.99%2,324,132$2M1
008—GEL 6 3/4 03/15/340.98%2,282,000$2M18
009—FN FS80070.98%2,307,596$2M1
010—CRBG 6 7/8 PERP0.98%2,197,000$2M8
011—OII 6 7/8 07/15/340.98%2,220,000$2M9
012—C 6 5/8 PERP0.97%2,230,000$2M13
013—ADNT 7 1/2 02/15/330.96%2,162,000$2M16
014—AROC 6 02/01/340.96%2,280,000$2M14
015—STONEB 8 1/8 12/15/300.95%2,195,000$2M10

Showing 1–15 of 194 holdings

SCMC Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SCMC$10,194
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. SCMC $10,194. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SCMC. Periods over one year show the average yearly return.
PeriodSCMC
Year to date+1.9%
1 month−0.4%
3 months−0.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SCMC
YearReturn barSCMC
2026 YTD+1.9%
2025−0.1%

Since listing, Dec 11, 2025

SCMC in the news

ETF.net Research hasn’t filed on SCMC yet — coverage lands here as it’s written.

SCMC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.10 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 9 payments from 2025 to 2026 YTD. Dec 30, 2025 $0.07; Feb 2, 2026 $0.06; Mar 2, 2026 $0.10; Apr 1, 2026 $0.12; May 1, 2026 $0.09; Jun 1, 2026 $0.10; Jul 1, 2026 $0.11; Aug 3, 2026 $0.11; Sep 1, 2026 $0.10. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 3, 2026$0.10
Aug 3, 2026Aug 5, 2026$0.11
Jul 1, 2026Jul 6, 2026$0.11
Jun 1, 2026Jun 3, 2026$0.10
May 1, 2026May 5, 2026$0.09
Apr 1, 2026Apr 6, 2026$0.12
Mar 2, 2026Mar 4, 2026$0.10
Feb 2, 2026Feb 4, 2026$0.06
Dec 30, 2025Jan 2, 2026$0.07

SCMC Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.09
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SCMC Cost

Expense ratio0.55%
  • The middle half of Global Aggregate Bond (Unhedged) funds
  • Median 0.41%

19 of the 27 Global Aggregate Bond (Unhedged) funds charge less.

SCMC costs $55.00 a year on $10,000. The median Global Aggregate Bond (Unhedged) fund costs $41.00.