TAGG

T. Rowe Price QM U.S. Bond ETF

$43.12

+0.00%

Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The T. Rowe Price QM U.S. Bond ETF seeks to provide broad exposure to the U.S. investment-grade bond market, with the goal of generating current income and preserving capital.

Overview

ETF tracking T. Rowe Price QM U.S. Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2021-09-29

Market Cap $1.5B

Average Volume N/A

Dividend Yield 3.59%

52-Week Range $41.42 - $43.64

VWAP $43.13

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The T. Rowe Price QM U.S. Bond ETF seeks to provide broad exposure to the U.S. investment-grade bond market, with the goal of generating current income and preserving capital.

🎯 Investment Strategy

The ETF tracks the Bloomberg U.S. Aggregate Bond Index, a widely followed benchmark that includes U.S. Treasuries, government-related bonds, corporate bonds, and mortgage-backed securities. The fund aims to replicate the performance of this index through a passively managed, full-replication approach.

✨ Key Features

Broad exposure to the U.S. investment-grade bond market
Seeks to provide current income and capital preservation
Passively managed to track the Bloomberg U.S. Aggregate Bond Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: Bond prices may decline as interest rates rise
Credit risk: The risk of default by the bond issuers
Liquidity risk: Difficulty in buying or selling the fund's holdings
Tracking error risk: The fund may not perfectly track its benchmark index

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the U.S. investment-grade bond market as a core fixed-income holding in a diversified portfolio. It may be particularly appealing to investors focused on generating current income and preserving capital, with a medium-term investment horizon.