Sterling Capital Enhanced Core Bond ETF

Frequently Asked Questions About SCEC

What does SCEC invest in?

Under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in a diversified portfolio of bonds, including: securities issued or guaranteed by the U.S. government, its agencies or instrumentalities, corporate bonds, asset-backed securities, mortgage-backed securities, including commercial mortgage-backed securities and collateralized mortgage obligations, CLOs, municipal securities, restricted securities, and bonds that are below investment grade, which are commonly referred to as “high yield” or “junk” bonds.

What is the expense ratio of SCEC?

Sterling Capital Enhanced Core Bond ETF (SCEC) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

What is SCEC's dividend yield?

SCEC's trailing-twelve-month yield is 4.93%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SCEC?

Effective duration measures SCEC's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SCEC's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of SCEC?

SCEC's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of SCEC?

Yield to maturity (YTM) is the total return you'd earn from SCEC if every bond in the portfolio is held to maturity at the current price. SCEC's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.