THYF

T. Rowe Price U.S. High Yield ETF

$52.08

+0.00%

Market closed. Last update: 12:25 PM ET

📎 Investment Objective

The T. Rowe Price U.S. High Yield ETF seeks to provide a high level of current income by investing primarily in a diversified portfolio of high-yield corporate bonds.

Overview

ETF tracking T. Rowe Price U.S. High Yield ETF

Category High Yield

Issuer Other

Inception Date 2022-10-26

Market Cap $777.2M

Average Volume N/A

Dividend Yield 6.03%

52-Week Range $49.54 - $52.90

VWAP $52.05

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The T. Rowe Price U.S. High Yield ETF seeks to provide a high level of current income by investing primarily in a diversified portfolio of high-yield corporate bonds.

🎯 Investment Strategy

The ETF invests in a broad range of high-yield, below-investment-grade corporate bonds issued by U.S. companies. The portfolio is actively managed, with the goal of generating attractive income while managing risk through diversification and credit analysis.

✨ Key Features

Focuses on high-yield corporate bonds, which typically offer higher income potential than investment-grade bonds
Actively managed portfolio to balance yield and risk
Diversified exposure across different industries and issuers
No expense ratio currently, though this may change in the future

⚠️ Primary Risks

High-yield bonds are subject to greater credit and default risk than investment-grade bonds
Potential for increased volatility and price fluctuations compared to investment-grade fixed income
Interest rate risk, as bond prices may decline when interest rates rise
Liquidity risk, as high-yield bonds may be less liquid than investment-grade bonds

👤 Best For

The T. Rowe Price U.S. High Yield ETF may be suitable for investors seeking higher income potential and willing to accept the additional risks associated with high-yield bonds as part of a diversified fixed income allocation. It is generally best suited for investors with a medium to long-term investment horizon and a moderate to high-risk tolerance.