Key stats
About T. Rowe Price Ultra Short-Term Bond ETF
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Inception date
Sep 28, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
T. Rowe Price Associates, Inc. (IM)
Distributor
T. Rowe Price Investment Services, Inc.
ISIN
US87283Q7016
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 & Other100.00%
Corporate52.00%
Securitized35.43%
Cash9.34%
Government3.06%
Miscellaneous0.17%
Rights & Warrants0.00%
Stock breakdown by region
North America72.54%
Europe19.44%
Asia5.23%
Latin America1.14%
Middle East1.09%
Oceania0.56%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TBUX invests in bonds. The fund's major sectors are Corporate, with 52.00% stocks, and Securitized, with 35.43% of the basket. The assets are mostly located in the N/A region.
TBUX last dividends amounted to 0.19 USD. The year before, the issuer paid 0.19 USD in dividends, which shows a 0.11% increase.
TBUX assets under management is 645.61 M USD. It's risen 6.21% over the last month.
TBUX fund flows account for 444.85 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TBUX pays dividends to its holders with the dividend yield of 4.74%. The last dividend (Sep 29, 2025) amounted to 0.19 USD. The dividends are paid annually.
TBUX shares are issued by T. Rowe Price Group, Inc. under the brand T. Rowe Price. The ETF was launched on Sep 28, 2021, and its management style is Active.
TBUX expense ratio is 0.17% meaning you'd have to pay 0.17% of your investment to help manage the fund.
TBUX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TBUX invests in bonds.
TBUX price has risen by 0.11% over the last month, and its yearly performance shows a −0.26% decrease. See more dynamics on TBUX price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.42% increase in three-month performance and has increased by 5.27% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.42% increase in three-month performance and has increased by 5.27% in a year.
TBUX trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.