STERLING CAPITAL NATIONAL MUNICIPAL BOND ETF
Sterling Capital Funds

Portfolio moves

Net position changes between two of this fund's N-PORT snapshots. These are differences between point-in-time reports — not a trade log — and share counts can be affected by splits and other corporate actions.

Dec 31, 2025 → Mar 31, 2026

Expand a category to see the positions behind it, ranked by weight.

Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
NM MUNI ENERGY ACQ AU 0 4,750,000 4,750,000 2.52% $5.01M
MAIN STR NAT GA 5% 5/1/2055 MT 0 4,600,000 4,600,000 2.43% $4.83M
S E ENERGY-B-REV 0 3,750,000 3,750,000 2.01% $4.00M
STHRN CA PUB PWR-A 0 3,755,000 3,755,000 1.97% $3.91M
California Community Choice Financing Authority, Series F 0 3,500,000 3,500,000 1.89% $3.76M
GEORGIA ST HSG & FIN AUTH REVENUE 0 3,810,000 3,810,000 1.86% $3.69M
PROJECTNEW YORK TRANS 0 3,500,000 3,500,000 1.84% $3.65M
MUNIBOND 0 3,500,000 3,500,000 1.79% $3.56M
MA ST DEV FIN -J2 0 3,500,000 3,500,000 1.78% $3.54M
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2016A-1 0 3,500,000 3,500,000 1.77% $3.51M
UMASS MEMORIAL HEALTH CARE OBLIGATED GROUP 5.0% 07-01-36 0 3,500,000 3,500,000 1.77% $3.51M
UNIV OF MICHIGAN MI 0 3,330,000 3,330,000 1.71% $3.41M
KY SHEEDU 4 08/01/2038 0 3,465,000 3,465,000 1.70% $3.39M
New York City Transitional Finance Authority Future Tax Secured Revenue 0 3,000,000 3,000,000 1.70% $3.38M
HOUSTON TX ARPT SYS REVENUE 0 3,200,000 3,200,000 1.69% $3.35M
State of Illinois Sales Tax Revenue 0 3,000,000 3,000,000 1.68% $3.34M
State of Ohio, Series 2025, GO Bonds 0 3,000,000 3,000,000 1.67% $3.32M
ILLINOIS ST-REF 0 3,000,000 3,000,000 1.64% $3.26M
SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE 0 3,000,000 3,000,000 1.57% $3.12M
NEW YORK NY 0 2,935,000 2,935,000 1.56% $3.09M
WHITING IN ENVRNMNTL FACS REVE WHGFAC 06/44 ADJUSTABLE VAR 0 3,000,000 3,000,000 1.55% $3.09M
School District of Broward County, Series 2020A 0 2,800,000 2,800,000 1.51% $3.00M
Massachusetts Port Authority 0 2,830,000 2,830,000 1.49% $2.96M
STATE OF NEW YORK MORTGAGE AGENCY HOMEOWNER MORTGAGE REVENUE 0 2,965,000 2,965,000 1.46% $2.91M
City of Atlanta, Series 2024 B 0 2,630,000 2,630,000 1.36% $2.71M
TX TXSUTL 01/01/2055 0 2,500,000 2,500,000 1.34% $2.66M
TX TRANSPRTN-C-REF 0 2,360,000 2,360,000 1.33% $2.63M
NEW JERSEY ST ECON DEV AUTH REVENUE 0 2,430,000 2,430,000 1.24% $2.47M
City of Houston TX Hotel Occupancy Tax & Special Revenue 0 2,165,000 2,165,000 1.21% $2.41M
JEA WTR & SWR-REF-A 0 2,500,000 2,500,000 1.21% $2.40M
WA PTSGEN 5.25 07/01/2049 0 2,250,000 2,250,000 1.17% $2.32M
Port Authority of New York & New Jersey, Series 241 0 2,235,000 2,235,000 1.16% $2.30M
COLORADO ST HLTH FACS AUTH REVENUE 0 2,150,000 2,150,000 1.14% $2.26M
Jefferson (County of), AL, Series 2024, Ref. Revenue Wts. 0 2,100,000 2,100,000 1.10% $2.18M
NY MTA TRANSP 5% 11/15/2050 0 2,135,000 2,135,000 1.08% $2.15M
TX TMGUTL 01/01/2054 0 2,000,000 2,000,000 1.06% $2.11M
AL BBEUTL 5 07/01/2033 0 2,000,000 2,000,000 1.05% $2.09M
MASSACHUSETTS ST 0 2,000,000 2,000,000 1.05% $2.08M
Denver (City & County of), CO, Series 2022 C, Ref. RB 0 2,000,000 2,000,000 1.04% $2.07M
Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Series 2025A 0 2,000,000 2,000,000 1.03% $2.05M
State of Texas 4%, Due 08/01/2033 0 2,000,000 2,000,000 1.03% $2.04M
SALES TAX SECURITIZTN 0 1,925,000 1,925,000 1.03% $2.04M
Texas Department of Housing & Community Affairs 3.65%, Due 01/01/2037 0 2,120,000 2,120,000 1.03% $2.04M
LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE 0 2,000,000 2,000,000 1.01% $2.02M
LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE 0 1,905,000 1,905,000 1.01% $2.01M
Henrico County Economic Development Authority, Virginia, Health Facilities Revenue Bonds, Bon Secours Mercy Health, Series 2025A-VA 0 1,990,000 1,990,000 1.01% $2.01M
MET TRANS AUTH -B-1 0 2,000,000 2,000,000 1.01% $2.01M
UT SALAPT 5 07/01/2047 0 2,000,000 2,000,000 1.01% $2.00M
HOUSTON TX ARPT SYS REVENUE HOUAPT 07/55 FIXED 5.5 0 1,910,000 1,910,000 1.00% $1.99M
New York (State of), NY Housing Development Corp. (Green Bonds), Series 2025 A-1, RB 0 1,795,000 1,795,000 0.89% $1.76M
NJ HSG & MTGE FIN-K 0 1,785,000 1,785,000 0.88% $1.74M
San Francisco City & County Airport Comm-San Francisco International Airport 0 1,490,000 1,490,000 0.82% $1.64M
SANTA BARBARA CNTY CA SOLID WASTE SYS REVENUE COPS 0 1,500,000 1,500,000 0.79% $1.57M
W VIRGINIA HOSP FIN-A 0 1,500,000 1,500,000 0.79% $1.57M
PORTLAND OR SWR SYS REVENUE 0 1,490,000 1,490,000 0.77% $1.53M
NY TRANS CORP 4% 12/1/2038 @ 0 1,500,000 1,500,000 0.72% $1.43M
LOVE FLD MOD TX 5% 11/1/2029 @ 0 1,270,000 1,270,000 0.68% $1.35M
IN FIN HSR(IN UNIV HLTH) 5% 10/1/53 0 1,300,000 1,300,000 0.66% $1.31M
UNC HEALTH NASH UNC HEALTH NASH 5.25% 2/1/2055 0 1,000,000 1,000,000 0.51% $1.01M
Pennsylvania Turnpike Commission, Series A 0 1,000,000 1,000,000 0.51% $1.01M
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
MAIN STR NAT GA 4% 9/1/2052 290,000 0 -290,000 0.00% -$296.99K
Black Belt Energy Gas District, Series D-1 275,000 0 -275,000 0.00% -$290.13K
GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE 220,000 0 -220,000 0.00% -$228.99K
AUSTIN TX INDEP SCH DIST 180,000 0 -180,000 0.00% -$201.22K
State of Ohio 5%, Due 05/01/2037 180,000 0 -180,000 0.00% -$200.83K
LAMAR TX CONSOL INDEP SCH DIST 185,000 0 -185,000 0.00% -$200.55K
SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE 185,000 0 -185,000 0.00% -$197.64K
Texas Municipal Gas Acquisition & Supply Corporation IV 175,000 0 -175,000 0.00% -$194.57K
Philadelphia (City of), PA, Series 2021, GO Bonds 175,000 0 -175,000 0.00% -$192.19K
UNIV OF CA REGENTS 175,000 0 -175,000 0.00% -$189.48K
ILLINOIS ST FIN AUTH REVENUE REGD B/E 5.00000000 165,000 0 -165,000 0.00% -$183.28K
IL ST TOLL HWY AUTH 180,000 0 -180,000 0.00% -$180.00K
City of Chicago Wastewater Transmission Revenue 150,000 0 -150,000 0.00% -$164.30K
City of Houston TX Airport System Revenue 5.5%, Due 07/01/2050 150,000 0 -150,000 0.00% -$158.56K
County of Miami-Dade FL 4%, Due 07/01/2034 150,000 0 -150,000 0.00% -$156.45K
Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Refunding Subordinate Green Series 2025A 150,000 0 -150,000 0.00% -$156.34K
NYC TRANSITIONAL-F-1 140,000 0 -140,000 0.00% -$155.54K
Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 2, Series 2021B-1 150,000 0 -150,000 0.00% -$151.52K
City of Atlanta, Series 2023 E 140,000 0 -140,000 0.00% -$149.04K
DALLAS TX AREA RAPID 135,000 0 -135,000 0.00% -$146.64K
UNC HEALTH NASH UNC HEALTH NASH 5.75% 2/1/2050 135,000 0 -135,000 0.00% -$145.19K
NEW YORK NY REGD B/E 5.00000000 135,000 0 -135,000 0.00% -$144.76K
Jefferson County, Alabama, Sewer Revenue Warrants, Series 2024 115,000 0 -115,000 0.00% -$125.77K
County of Baltimore MD 5%, Due 03/01/2029 115,000 0 -115,000 0.00% -$123.59K
Pennsylvania Economic Development Financing Authority 115,000 0 -115,000 0.00% -$122.99K
City of Charlotte NC Airport Revenue 5.25%, Due 07/01/2053 115,000 0 -115,000 0.00% -$121.43K
CO ST HLTH FACS AUTH 115,000 0 -115,000 0.00% -$120.83K
New York (City of), NY Municipal Water Finance Authority, Series 2018 BB-2, Ref. RB 115,000 0 -115,000 0.00% -$119.10K
South Carolina Transportation Infrastructure Bank 5%, Due 10/01/2027 110,000 0 -110,000 0.00% -$114.69K
HOUSTON TX 100,000 0 -100,000 0.00% -$113.50K
MASSACHUSETTS ST DEV FIN AGY REVENUE 110,000 0 -110,000 0.00% -$113.25K
Northampton County General Purpose Authority, Series A-2 100,000 0 -100,000 0.00% -$112.59K
State of Illinois 5%, Due 03/01/2032 100,000 0 -100,000 0.00% -$111.07K
NEW YORK CITY-A 100,000 0 -100,000 0.00% -$110.30K
Texas Public Finance Authority 5%, Due 02/01/2039 100,000 0 -100,000 0.00% -$110.22K
Pittsburgh Water & Sewer Authority 5%, Due 09/01/2034 100,000 0 -100,000 0.00% -$109.48K
MASSACHUSETTS ST EDUCTNL FING MASSACHUSETTS EDUCATIONAL FINANCING AUTHORITY 100,000 0 -100,000 0.00% -$108.17K
Portland (City of), OR, Series 2019 A, Ref. RB 100,000 0 -100,000 0.00% -$108.12K
School District of Broward County, Series 2019B 100,000 0 -100,000 0.00% -$107.59K
Omaha Public Power District 5%, Due 02/01/2033 100,000 0 -100,000 0.00% -$106.79K
Port Authority of New York & New Jersey 5%, Due 07/15/2029 100,000 0 -100,000 0.00% -$106.77K
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2025A 100,000 0 -100,000 0.00% -$106.73K
NYC TRANSITIONAL-A-1 90,000 0 -90,000 0.00% -$104.75K
State of Ohio 5%, Due 01/01/2028 100,000 0 -100,000 0.00% -$104.63K
WASHINGTON ST-C-REF 95,000 0 -95,000 0.00% -$104.53K
MET TRANSPRTN AUTH NY REVENUE 100,000 0 -100,000 0.00% -$104.52K
State of Illinois, Series 2024B 100,000 0 -100,000 0.00% -$104.43K
NYC WTR 5% 6/15/52 100,000 0 -100,000 0.00% -$103.26K
Denver (City & County of), CO, Series 2022 D, Ref. RB 100,000 0 -100,000 0.00% -$101.29K
NEW JERSEY ST ECON DEV AUTH RE REGD N/C B/E 5.00000000 95,000 0 -95,000 0.00% -$99.16K
Los Angeles Unified School District (Green Bonds), Series 2024 QRR, GO Bonds 90,000 0 -90,000 0.00% -$97.92K
COLORADO ST HLTH FACS AUTH REVENUE 80,000 0 -80,000 0.00% -$88.06K
State of Kansas Department of Transportation, Series 2017A 70,000 0 -70,000 0.00% -$72.89K
State of Connecticut Special Tax, Series A 70,000 0 -70,000 0.00% -$71.15K
WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY DEDICATED REVENUE 50,000 0 -50,000 0.00% -$55.53K
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
Federated Hermes Treasury Oligations Fund 21,071 9,834,365 9,813,294 4.95% $9.81M
Tender Option Bond Trust Receipts/Certificates 200,000 5,000,000 4,800,000 2.53% $4.82M
CALIFORNIA COMMUNITY VAR 265,000 4,265,000 4,000,000 2.32% $4.32M
MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE 100,000 3,500,000 3,400,000 1.78% $3.43M
MD HLTH & HGR EDL-A 200,000 3,200,000 3,000,000 1.68% $3.12M
SPRING TX INDEP SCH DIST 120,000 2,620,000 2,500,000 1.38% $2.62M
North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Senior Lien Series 2024A 145,000 2,540,000 2,395,000 1.28% $2.39M
DFW ARPT 5% 11/1/2034 @ 100,000 2,100,000 2,000,000 1.17% $2.21M
Miami-Dade (County of), FL, Series 2025 B, RB 100,000 1,825,000 1,725,000 0.95% $1.78M
Los Angeles Department of Water & Power, Series 2019D 200,000 1,700,000 1,500,000 0.87% $1.52M
Chicago O'Hare International Airport, Series 2024 A 100,000 1,655,000 1,555,000 0.86% $1.61M
CENTRL VLY CA ENERGY AUTH COMM REGD V/R B/E 5.00000000 270,000 1,515,000 1,245,000 0.82% $1.34M
Hillsborough County Aviation Authority, Series B 95,000 1,180,000 1,085,000 0.62% $1.14M
SOUTHEAST ENERGY-E 250,000 1,000,000 750,000 0.53% $792.48K

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