- CEO
- Steven D. Powell
- Full Time Employees
- 14,888
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4300 Sharon Road, Suite 400 Charlotte NC United States of America 28211
- IPO Date
- Mar 14, 2025
- Business
- Sterling Capital Enhanced Core Bond ETF (SCEC) is an actively managed exchange-traded fund that seeks a high level of current income and competitive total return through a combination of income and capital appreciation; it invests primarily in a diversified portfolio of fixed income securities, including investment-grade bonds, high-yield USD-denominated bonds, U.S. Treasury securities, mortgage-backed securities, corporate bonds, and asset-backed securities across sectors such as government, securitized, and credit; the fund employs a top-down investment approach focusing on interest rate risk, sector allocation, credit risk, and individual security selection to implement an enhanced core bond strategy. SCEC trades on the CBOE BZX Exchange under ticker SCEC with CUSIP 14064D444 and benchmarks the Bloomberg U.S. Aggregate Bond Index; its portfolio features holdings like U.S. Treasuries (e.g., T 2 1/2 02/15/45 at 2.82%, T 1 3/8 08/15/50 at 2.97%), Federal National Mortgage Association and Freddie Mac securities, and corporate issues from issuers including Oracle, Organon, and JPMorgan; the expense ratio stands at 0.39%, with assets under management around $482 million targeting broad market fixed income investors seeking intermediate core-plus bond exposure. Launched on March 14, 2025, SCEC represents the first fixed income ETF from Sterling Capital Management LLC since its active ETF platform debut in 2020 and the first product following Sterling Capital's acquisition by Guardian Capital Group Limited, completed in July 2024; Sterling Capital, founded in 1970 and headquartered in Charlotte, North Carolina, operates as an indirect wholly-owned subsidiary of Guardian Capital, managing approximately $77 billion in assets under management and administration with a focus on fixed income, equity, and multi-asset solutions for institutional and intermediary clients. The ETF pays monthly cash dividends, with recent distributions including $0.107 per share ex-date November 3, 2025; in 2025, institutional investors such as Flow Traders U.S. LLC and Kingdom Financial Group LLC initiated new stakes valued up to $43.95 million during Q2; Sterling Capital continues to expand its ETF lineup amid the Guardian integration, maintaining operational autonomy for its investment teams.