Sterling Capital Multi-Strategy Income ETF
$24.45−0.01 (−0.02%)
- 0.55%
- $230M
- 0M sh
- $24.38
- low $24.28high $25.43
The ETF.net SCMC Grade
C
Score 49 out of 100
- 21 of 29
Score 49 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F23 out of 100Rank 21 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.B69 out of 100Rank 20 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A79 out of 100Rank 4 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F22 out of 100Rank 28 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A91 out of 100Rank 3 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D30 out of 100Rank 27 of 29
Our read on SCMC
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.
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
- Unconstrained by design: the mandate spans US, developed international and emerging market debt, with at least 80% of assets in bonds and other debt obligations.
- Actively managed, so the credit and sector mix shifts with the manager's read instead of tracking a fixed benchmark.
- Current income sits in the objective itself, alongside total return, not as an afterthought.
- The portfolio is the strong suit: broad issuer and sector spread, with no structural red flags in the fund's filings.
Worth knowing
- 0.55% a year is the cost of the flexibility. The index-tracking aggregate bond giants (BND, SCHZ, SPAB) run at 0.03%.
- It launched in December 2025, so there's no long record showing how this strategy handles a full credit cycle.
- A small, lightly traded fund so far, which can mean wider spreads, and the filings don't lock in a set distribution schedule.
SCMC Holdings
- Bonds
- 196
- 10%
- Fr SL0808
SCMC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
SCMC$10,137
Returns run to the Oct 12, 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.
| Period | SCMC |
|---|---|
| Year to date | +1.4% |
| 1 month | −0.5% |
| 3 months | −0.8% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SCMC |
|---|---|---|
| 2026 YTD | +1.4% | |
| 2025 | −0.1% |
SCMC in the news
SCMC Dividends
- $0.12 per share
- Monthly
Distribution data unavailable.
Distribution history
SCMC Risk
- —
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.
- —
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.
- —
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.
- 0.09
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
0.55%
SCMC0.55%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.45%
19 of the 28 Global Aggregate Bond (Unhedged) funds charge less.
Other funds in Global Aggregate Bond (Unhedged)
- BBONDPIMCO Active Bond Exchange-Traded FundExpense ratio 0.56%1 year return −2.1%
- CJFLXJPMorgan Flexible Debt ETFExpense ratio 0.64%1 year return +2.2%
- CFTBDFidelity Tactical Bond ETFExpense ratio 0.55%1 year return −1.0%
- CFISRState Street Fixed Income Sector Rotation ETFExpense ratio 0.50%1 year return −2.4%
- CSTXTStrive Total Return Bond ETFExpense ratio 0.49%1 year return −2.2%