Key stats
About T. Rowe Price Ultra Short-Term Bond ETF
Expense ratio
0.17%
Home page
Inception date
Sep 28, 2021
TBUX seeks to provide a high level of income by actively investing in corporate and government securities, including mortgage backed securities, municipal bonds, money market securities, and bank obligations, while overweighting short-duration securities and investment-grade bonds. The fund predominantly holds USD-denominated securities, and may invest in non-USD holdings of foreign issuers up to 10% only. To minimize volatility within investors fixed income allocations, the portfolio manager utilizes a multi-sector short-duration strategy that seeks higher income potential than traditional cash investments, with modest additional risk. TBUX utilizes the same investment strategy and management team as its mutual fund counterpart Ultra Short-Term Bond Fund.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Securitized
Bonds, Cash & Other99.30%
Corporate56.84%
Securitized30.82%
Cash5.43%
Government3.46%
Miscellaneous2.74%
Top 10 holdings
Dividends
Dividend payout history