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SCEPSTERLING CAPITAL EQUITY PREMIUM INCOME ETF

Get incomeNewRanked #907 of 1,622 in this goal

Seeks to provide long-term capital growth, income and preservation of capital.

By Sterling Capital Funds · Launched 2025

Annual Cost

0.65%

#3,297 of 5,562 · average

Fund Size

$236M

#2,179 of 5,562 · mid-size

Dividend YieldGoal

Track Record

6 months

#5,075 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,462+4.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 44.3% of fundmoderately concentrated

NVIDIA Corp.
6.1%
Microsoft Corp.
6.0%
Alphabet Inc.
5.8%
Apple Inc.
5.8%
Amazon.com, Inc.
4.6%
JPMorgan Chase & Co.
3.6%
Broadcom Inc
3.2%
Visa Inc
3.2%
Meta Platforms Inc
3.1%
MasterCard Incorporated
2.9%

Asset allocation

Stocks
98.7%
Cash
1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-7.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide long-term capital growth, income and preservation of capital.
Strategy
Actively managed ETF investing primarily in U.S. large- and mid-cap equity and equity-related securities. Employs a dynamic option overlay strategy by writing covered call options and buying protective put options on up to 100% of the portfolio to generate income and mitigate downside risk. The Sub-Adviser uses a bottom-up research approach to assess relative value and capital growth potential, focusing on dividend growth and quality, while considering ESG factors in the investment process.
Inception date
December 10, 2025
Fund family
Sterling Capital Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19