Key stats
About T. Rowe Price Total Return 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
US87283Q8006
TOTR seeks to maximize total return from a diversified portfolio of fixed income securities including debt instruments issued by the US government and its agencies, corporate bonds, bank loans, as well as mortgage-backed and asset-backed securities. The funds active mandate allows it to invest in securities of any maturity, provide exposure to high yield bonds for up to 35%, and have non-USD holdings of up to 20% (without limitations to USD-denominated securities of foreign issuers). To further enhance returns, the fund may purchase or sell mortgage-backed securities through to-be-announced (TBA) or dollar roll transactions. In addition, the fund also uses swaps and futures to hedge against shifts in interest rates, credit quality, and currency exchange rates. TOTR utilizes the same investment strategy and management team as its mutual fund counterpartTotal Return Fund.
Related funds
Classification
What's in the fund
Exposure type
Securitized
Government
Corporate
Stock breakdown by region
Top 10 holdings
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TOTR assets under management is 566.74 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TOTR invests in bonds. See more details in our Analysis section.
TOTR expense ratio is 0.31%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TOTR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, TOTR pays dividends to its holders with the dividend yield of 5.02%.
TOTR shares are issued by T. Rowe Price Group, Inc.
TOTR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 28, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.