Sterling Capital National Municipal Bond ETF(SCNM · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

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SCNM
Snapshot
Info

Sterling Capital National Municipal Bond ETF (SCNM) ETF

Exchange
BATS
Inception
2025-12-10
Has Options
No
ETF Profile
holdings as of 2026-09-30
Holdings
74
AUM
$198.7M
Provider
Nport
Inception
2025-12-10
Exchange
BATS
Data As Of
2026-09-30
Expense Ratio
Dividend Yield
1.78%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-07-01 2026-07-06 $0.0670 CD
2026-06-01 2026-06-03 $0.0721 CD
2026-05-01 2026-05-05 $0.0692 CD
2026-04-01 2026-04-06 $0.0740 CD
2026-03-02 2026-03-04 $0.0657 CD
2026-02-02 2026-02-04 $0.0378 CD
Asset Allocation
Top Holdings
top 50 of 74 holdings
Symbol Name Weight % Asset Class Country
Money Market Obligations Trust 5.00% Short-term investment US
SOUTHEAST ENERGY AUTH COOP DIST ALA 2.56% Debt US
NEW MEXICO MUN ENERGY ACQUISITION AUTH 2.55% Debt US
MAIN STR NAT GAS INC GA 2.45% Debt US
CALIFORNIA CMNTY CHOICE FING AUTH 2.35% Debt US
ENERGY SOUTHEAST ALA COOP DIST 2.03% Debt US
SOUTHERN CALIF PUB PWR AUTH 1.99% Debt US
CALIFORNIA CMNTY CHOICE FING AUTH 1.91% Debt US
GEORGIA ST HSG & FIN AUTH 1.88% Debt US
NEW YORK TRANSN DEV CORP 1.85% Debt US
CHANDLER ARIZ INDL DEV AUTH 1.81% Debt US
MASSACHUSETTS ST DEV FIN AGY 1.80% Debt US
METROPOLITAN WASH D C ARPTS AUTH 1.79% Debt US
PENNSYLVANIA ST TPK COMMN 1.79% Debt US
MASSACHUSETTS ST DEV FIN AGY 1.78% Debt US
UNIVERSITY MICH 1.73% Debt US
SHELBY CNTY KY SCH DIST FIN CORP 1.72% Debt US
NEW YORK N Y CITY TRANSITIONAL FIN AUTH 1.72% Debt US
HOUSTON TEX 1.70% Debt US
ILLINOIS ST 1.70% Debt US
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH 1.69% Debt US
OHIO ST 1.69% Debt US
ILLINOIS ST 1.66% Debt US
SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH 1.58% Debt US
NEW YORK N Y 1.57% Debt US
WHITING IND 1.57% Debt US
BROWARD CNTY FLA SCH BRD 1.52% Debt US
MASSACHUSETTS ST PORT AUTH 1.51% Debt US
NEW YORK ST MTG AGY 1.48% Debt US
SPRING TEX INDPT SCH DIST 1.40% Debt US
ATLANTA GA 1.38% Debt US
TEXAS MUN GAS ACQUISITION & SUPPLY CORP V 1.35% Debt US
TEXAS TRANSN COMMN ST HWY FD 1.34% Debt US
NORTH CAROLINA TPK AUTH 1.29% Debt US
NEW JERSEY ECONOMIC DEV AUTH 1.26% Debt US
HOUSTON TEX 1.22% Debt US
JEA FLA 1.22% Debt US
PORT SEATTLE WASH 1.18% Debt US
DALLAS-FORT WORTH TEX INTL ARPT 1.18% Debt US
PORT AUTH N Y & N J 1.17% Debt US
COLORADO HEALTH FACS AUTH 1.15% Debt US
JEFFERSON CNTY ALA 1.11% Debt US
METROPOLITAN TRANSN AUTH N Y 1.09% Debt US
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV 1.07% Debt US
BLACK BELT ENERGY GAS DIST ALA 1.06% Debt US
MASSACHUSETTS ST 1.06% Debt US
DENVER COLO CITY & CNTY 1.05% Debt US
MIAMI-DADE CNTY FLA 1.04% Debt US
TEXAS ST 1.04% Debt US
SALES TAX SECURITIZATION CORP ILL 1.04% Debt US
Non-Equity Breakdown
STERLING CAPITAL NATIONAL MUNICIPAL BOND ETF · NPORT-P period 2026-09-30 (filed 2026-05-29)
Net assets: $197M · 74 total positions · equity 0.00% · non-equity 101.07%
Non-equity holdings — 74 positions, 101.07% of NAV
Category Weight Value Positions
Municipal 96.07% $188.9M 73
Short-term investment 5.00% $9.8M 1
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan +0.40% 1
Feb +1.19% 1
Mar -1.93% 1
Apr +1.04% 1
May +0.26% 1
Jun +0.87% 1
Jul -1.40% 1
Aug 0
Sep 0
Oct 0
Nov 0
Dec -0.14% 1
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators
SMA 20: $25.04
SMA 50: $25.01
SMA 200:
Current: $24.71
EMA 12: $24.95
EMA 26: $25.00
MACD: -0.0543 | Signal: -0.0370
BEARISH
ADX (14): 23.20
WEAK TREND
+DI: 10.89
−DI: 46.99
Momentum Oscillators
RSI (14): 22.66
OVERSOLD
Stoch %K: 6.66
Stoch %D: 7.95
Williams %R: -88.24
Volume & Volatility
BB Upper: $25.27
BB Lower: $24.81
OVERSOLD
OBV: 5,618,632
Vol SMA 20: 26,507
Vol ROC: 77.65%
ATR: $0.08
True Range: $0.21
HV 20: 2.8%
HV 30: 3.1%
HV 60: 3.2%

Data Summary
Data Points: 153
Last Updated:
Date Range: 2025-12-11T00:00:00 – 2026-07-23T00:00:00
AI Analysis

Choose Frenzy-Fast™ for quick analysis or Frenzy-Pro™ for comprehensive analysis.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
Options Activity
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Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
pts EXTREME
ATM — / Wing —
30 DTE / 10d
pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
0.08
Correlation (SPY)
34.1%
0.12
Ann. Volatility
3.3%
SPY Volatility
13.5%

Low volatility - stock moves less than market

Beta & Alpha Over Time
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month