T. Rowe Price QM U.S. Bond ETF — new fund registration

T. Rowe Price Exchange-Traded Funds, Inc. registered 3 new fund series on Form 485APOS, filed 2021-06-04. Featured series: T. Rowe Price QM U.S. Bond ETF.

Registration

Registrant / trust: T. Rowe Price Exchange-Traded Funds, Inc.
CIK: 0001795351
Form: 485APOS
Filed: 2021-06-04
State of incorporation: MD
Accession: 0001741773-21-001758
Reported net assets: $1.9B

Series & classes (3)

Series	Class	Ticker	New
T. Rowe Price QM U.S. Bond ETF	T. Rowe Price QM U.S. Bond ETF	TAGG	Yes
T. Rowe Price Total Return ETF	T. Rowe Price Total Return ETF	TOTR	Yes
T. Rowe Price Ultra Short-Term Bond ETF	T. Rowe Price Ultra Short-Term Bond ETF	TBUX	Yes

Fees (from the effective prospectus)

Gross expense ratio: 0.08%
Management fee: 0.08%
Other expenses: 0.00%

Investment objective

The fund seeks to provide a total return that exceeds the performance of the U.S. investment-grade bond market.

Advisers

T. Rowe Price Associates, Inc. (Advisor)