Key stats
About T. Rowe Price QM U.S. 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
US87283Q6026
TAGG seeks to provide a total return that exceeds its benchmark, the Bloomberg US Aggregate Bond Index - the most frequently used for measuring the performance of the US bond market. The fund actively invests in a wide range of fixed income securities with intermediate- to long-term maturities including, but not limited to, investment grade corporate and government debt, mortgage- and asset-backed securities, agency obligations, and USD-denominated securities of foreign issuers. While the fund does not attempt to fully replicate the index, the portfolio manager utilizes quantitative models and fundamental research to create a similar overall risk profile, while evaluating and selecting specific bonds for the portfolio. Due to its being active in nature, there is risk that the funds performance will deviate from its benchmark and cause a higher portfolio turnover. TAGG utilizes the same investment strategy and management team as its mutual fund counterpart - QM US Bond Index 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
Securitized
Government
Corporate
Bonds, Cash & Other99.46%
Securitized34.83%
Government34.30%
Corporate27.81%
Municipal1.31%
Cash1.20%
Stock breakdown by region
North America95.72%
Europe3.25%
Latin America0.51%
Oceania0.29%
Asia0.23%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TAGG invests in bonds. The fund's major sectors are Securitized, with 34.83% stocks, and Government, with 34.30% of the basket. The assets are mostly located in the North America region.
TAGG top holdings are United States Treasury Notes 3.875% 15-MAR-2028 and United States Treasury Bond 4.625% 15-NOV-2044, occupying 4.40% and 3.75% of the portfolio correspondingly.
TAGG last dividends amounted to 0.16 USD. The year before, the issuer paid 0.16 USD in dividends, which shows a 0.80% increase.
TAGG assets under management is 1.57 B USD. It's risen 1.88% over the last month.
TAGG fund flows account for 1.44 B 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, TAGG pays dividends to its holders with the dividend yield of 4.30%. The last dividend (Nov 26, 2025) amounted to 0.16 USD. The dividends are paid annually.
TAGG 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.
TAGG expense ratio is 0.08% meaning you'd have to pay 0.08% of your investment to help manage the fund.
TAGG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TAGG invests in bonds.
TAGG price has fallen by −1.12% over the last month, and its yearly performance shows a 1.78% increase. See more dynamics on TAGG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.24% over the last month, have fallen by −0.24% over the last month, showed a 2.33% increase in three-month performance and has increased by 6.98% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.24% over the last month, have fallen by −0.24% over the last month, showed a 2.33% increase in three-month performance and has increased by 6.98% in a year.
TAGG trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.