Sterling Capital National Municipal Bond ETF

Sterling Capital National Municipal Bond ETF is an actively managed exchange-traded fund focused on fixed income. It seeks to generate current income exempt from regular federal income taxes while preserving capital, primarily by investing in a diversified portfolio of municipal instruments across various economic sectors such as energy, utilities, transportation, housing, and education. The fund employs a top-down investment approach, adjusting interest rate sensitivity based on market expectations and selecting securities for their credit quality, yield curve positioning, maturity, duration, and total return potential. Portfolio managers actively reposition holdings to optimize along the yield curve, replace underperformers, or exit deteriorating credits. Holdings typically include investment-grade municipal bonds from issuers like state agencies, local governments, and public authorities nationwide, spanning intermediate to long-term maturities. With an expense ratio of 0.35%, the ETF benchmarks against the Bloomberg U.S. Municipal Index and provides investors access to tax-exempt income through a liquid, actively overseen vehicle in the municipal bond market. Launched in 2025 and managed by Sterling Capital Management, it plays a key role in tax-efficient fixed income strategies for taxable accounts.