T. Rowe Price Floating Rate ETF

Frequently Asked Questions About TFLR

What does TFLR invest in?

The primary goal of this fund is to generate a robust stream of current income. A secondary objective is to achieve growth in its overall asset value.

What is the expense ratio of TFLR?

T. Rowe Price Floating Rate ETF (TFLR) charges an expense ratio of 0.61%. This is the annual fee deducted from fund assets to cover management and operations.

What is TFLR's dividend yield?

TFLR's trailing-twelve-month yield is 6.70%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TFLR?

Effective duration measures TFLR's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TFLR's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of TFLR?

TFLR's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of TFLR?

Yield to maturity (YTM) is the total return you'd earn from TFLR if every bond in the portfolio is held to maturity at the current price. TFLR's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.