Key stats
About T. Rowe Price U.S. High Yield ETF
Home page
Inception date
Oct 25, 2022
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
US87283Q8758
THYF seeks to provide total return and current income by investing in high-yield debt instruments or junk bonds. The fund primarily holds US-issued or USD-denominated securities, with allocation to non-USD-denominated debt instruments capped at 20%. The high-yield portfolio mainly consists of corporate bonds, although it may include other income-producing instruments such as bank loans, convertibles, and preferred stocks. THYF may hold securities of any maturity or duration, the weighted average maturity or duration of the portfolio is expected to vary depending on market conditions. The fund adviser relies on credit research and analysis to select investments, typically evaluating the bonds income and appreciation potential, as well as the issuers ability to make income and principal payments.
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
Bonds, Cash & Other100.00%
Corporate89.66%
Loans5.30%
Cash4.10%
Miscellaneous0.94%
Stock breakdown by region
North America90.67%
Europe7.13%
Latin America1.65%
Asia0.55%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
THYF last dividends amounted to 0.31 USD. The year before, the issuer paid 0.32 USD in dividends, which shows a 2.88% decrease.
THYF assets under management is 786.41 M USD. It's risen 0.87% over the last month.
THYF fund flows account for 716.18 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, THYF pays dividends to its holders with the dividend yield of 7.05%. The last dividend (Sep 29, 2025) amounted to 0.31 USD. The dividends are paid annually.
THYF shares are issued by T. Rowe Price Group, Inc. under the brand T. Rowe Price. The ETF was launched on Oct 25, 2022, and its management style is Active.
THYF expense ratio is 0.56% meaning you'd have to pay 0.56% of your investment to help manage the fund.
THYF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
THYF invests in bonds.
THYF price has risen by 0.50% over the last month, and its yearly performance shows a 0.27% increase. See more dynamics on THYF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.44% over the last month, showed a 2.94% increase in three-month performance and has increased by 7.99% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.44% over the last month, showed a 2.94% increase in three-month performance and has increased by 7.99% in a year.
THYF trades at a premium (0.40%) meaning the ETF is trading at a higher price than the calculated NAV.