Fund Evaluator:
T. Rowe Price Floating Rate ETF (TFLR)
Follow This Fund
Fixed Income
Global Asset Class
Taxable Bond
Fund Group
Bank Loan
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.61% C
Expense Ratio
$649 Mil
Assets
Open
Status
na
12b-1 Fee
6.76%
TTM Yield
0.00%
Max Load
53%
Portfolio Turnover
Best Performing in Bank Loan Over the Last Year
| 5.0% | Fidelity Advisor Floating Rate Hi Inc Z (FIQSX) |
| 5.0% | Aristotle Floating Rate Income I-2 (PLFDX) |
| 5.0% | American Beacon DoubleLine Fltng Rt Inv (ADLPX) |
| 5.0% | Fidelity Floating Rate High Income (FFRHX) |
| 4.9% | Artisan Floating Rate Investor (ARTUX) |
Data as of 6/30/2026
-0.2% F
1-Mo Return
1.6% D
3-Mo Return
1.2% C
YTD Return
4.8% B
1-Yr Return
7.6% B
3-Yr Return
na
5-Yr Return
0.87 B
Category Risk Index
0.15
Total Risk Index
Fund Details
Fund Family
T. Rowe Price
Inception Date
11/16/2022
Share Class Type
Equity Investment Style
na
Bond Investment Style
High Quality
Limited Sensitivity
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg US Agg Bond TR USD: 100%
Additional Fund Details
T. Rowe Price Floating Rate ETF Overview
TFLR Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TFLR Return (NAV) | -0.2% | 1.6% | 4.8% | 7.6% | na | na |
| TFLR Grade | F | D | B | B | na | na |
| +/- Category | -0.3% | -0.3% | 0.8% | 0.8% | na | na |
| Bank Loan Avg | 0.1% | 1.9% | 4.0% | 6.9% | 5.0% | 4.5% |
| TFLR Tax Cost Ratio | na | na | 2.7% | 3.0% | na | na |
TFLR Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TFLR Return (NAV) | 1.2% | 6.7% | 8.9% | 11.9% | na | na | na | na | na | na | na |
| TFLR Grade | C | A | B | D | na | na | na | na | na | na | na |
| +/- Category | -0.1% | 1.6% | 0.7% | -0.2% | na | na | na | na | na | na | na |
| Bank Loan Avg | 1.4% | 5.1% | 8.2% | 12.1% | -2.3% | 4.7% | 1.3% | 7.6% | -0.4% | 3.7% | 9.2% |
| Risk Measures | |
| Standard Deviation: | 1.8% |
| Total Risk Index: | 0.15 - Low |
| Category Risk Index: | 0.87 - Below Average |
| Category Risk Grade: | B (33% Rank) |
| Beta: | 0.05 |
| R-Squared: | 3% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 6.8% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $649 Mil |
| Fund Total Assets: | $ 649 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 53% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 3.6 years | |||
| Average Tenure: 3.6 years | |||
| Managers (Year): Massaro Paul (2022) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 373 |
| % in Top 10 Holdings: | 22.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 4.8% |
Portfolio Allocation |
|
| Domestic Stock: | 0.1% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.5% |
| Domestic Bond: | 83.0% |
| Foreign Bond: | 4.8% |
| Convertible Bond: | 0.0% |
| Other: | 11.7% |
| Cash: | 0.0% |
Purchase Information
| Fund Family: | T. Rowe Price |
| Phone Number: | 800-638-5660 |
| Website: |
| Status: | Open |
| Inception Date: | November 16, 2022 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.61% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 1.05% |
| Share Class: | T. Rowe Price Floating Rate ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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