TOTR

Fund Description
The fund invests in a diversified portfolio of bonds and other debt instruments. The fund has considerable flexibility in seeking strong returns and its portfolio is constructed with a goal of being able to respond to a wide variety of market conditions. The fund s investments typically include, but are not limited to, debt instruments issued by the U.S. government and its agencies (such as U.S. Treasury securities), corporate bonds, bank loans (which represent an interest in amounts owed by a borrower to a syndicate of lenders), and various types of mortgage-backed and asset-backed securities. The fund may invest up to 35% of its net assets in corporate bonds and other debt instruments that are rated non-investment-grade (below BBB, or an equivalent rating), commonly known as junk bonds or high yield bonds, by each of the rating agencies that have assigned a rating to the security or, if unrated, deemed by T. Rowe Price to be non-investment-grade. The fund may purchase securities of any credit rating, including distressed and defaulted securities. If a holding is split rated (i.e., rated investment grade by at least one rating agency and non-investment-grade by another rating agency), the higher rating will be used for purposes of this requirement. The fund may invest in securities issued by both U.S. and non-U.S. issuers, including issuers in emerging market countries. Up to 20% of the fund s net assets can be invested in non-U.S. dollar-denominated holdings, and there is no limit on the fund s investments in U.S. dollar-denominated securities of foreign issuers, including issuers in emerging markets. The fund relies on a classification by an unaffiliated third-party data provider to determine which countries are emerging markets. The fund may also gain exposure to currencies through derivative instruments without holding any bonds or other securities denominated in those particular currencies.
Fund Profile
Fund Name T. Rowe Price Total Return ETF
Fund Exchange Ticker TOTR
Fund Sponsor T. Rowe Price
Fund ISIN US87283Q8006
Net Expense Ratio 0.31 %
Fund Inception Date 28 September 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Bond Type Broad Market
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination Multiple Currencies
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 20.28 Million (USD)
1 Month Total Return -4.30 %
Year To Date Return -13.69 %
1 Year Total Return
3 Year Annualized Total Return
NAV 42.696
Share Outstanding 475,000
Top 10 Holdings (28 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
US TREASURY N/B BOND 0.0549544377
FNMA TBA 30 YR 2 SINGLE FAMILY MORTGAGE BOND 0.0455236205
US TREASURY N/B BOND 0.0447531841
US TREASURY N/B BOND 0.0432690166
US TREASURY N/B BOND 0.0223384057
FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE BOND 0.0220871526
US TREASURY N/B BOND 0.0213411442
FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE BOND 0.0200484463
GNMA II TBA 30 YR 3 JUMBOS BOND 0.0196775607
US TREASURY N/B BOND 0.0172332418