THYFT. Rowe Price U.S. High Yield ETF

Grow my money Get income3y track recordRanked #747 of 1,622 in this goal

Seeks total return.

By T. Rowe Price · Launched 2022

Annual Cost

0.50%

#2,576 of 5,562 · average

Fund Size

$816M

#1,231 of 5,562 · large

Return (1Y)Goal

+6.8%

Track Record

3 years

#2,828 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,681+6.8%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 19.7% of fund✓ well diversified

T. Rowe Price Government Reserve Fund

5.7%

VICI PROPERTIES LP

2.0%

SOUTH BOW CAN INFRA HOLD

2.0%

SIX FLAGS ENTERTAINMENT 144A

1.8%

EG GLOBAL FINANCE PLC 144A

1.5%

AVIS BUDGET CAR/FINANCE 144A

1.4%

JETBLUE AIRWAYS/LOYALTY 144A

1.4%

ARETEC ESCROW ISSUER 2 144A

1.4%

WILLIAMS SCOTSMAN INC 144A

1.3%

TENET HEALTHCARE CORP 144A

1.3%

Asset allocation

Bonds

94.6%

Other

2.5%

Preferred

2.0%

Convertible

1.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.6%Low

Year-on-year price swings

Max drawdown

-5.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.95Decent risk-adjusted returns

Sortino (3Y)

1.41Good downside protection

Bond profile

Duration

7.5 years

Avg maturity

10.1 years

Credit ratings

AAA

4.0%

BBB

5.0%

40.4%

43.0%

Below B

6.0%

Other

1.7%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks total return.
Strategy: Invests primarily in U.S. high yield instruments, including corporate bonds, bank loans, convertible securities, and preferred stocks. The fund normally invests at least 80% of its net assets in these instruments, which are rated below investment grade or deemed by the adviser to be below investment grade. It may also invest up to 20% in non-U.S. dollar-denominated foreign instruments, relying on rigorous credit research and analysis for selection.
Inception date: October 25, 2022
Fund family: T. Rowe Price