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.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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.
THYF trades at 52.45 USD today, its price has risen 0.02% in the past 24 hours. Track more dynamics on THYF price chart.
THYF net asset value is 52.20 today — it's risen 0.48% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
THYF assets under management is 782.42 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.
THYF price has fallen by −0.15% over the last month, and its yearly performance shows a 0.61% increase. See more dynamics on THYF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.48% over the last month, showed a 2.12% increase in three-month performance and has increased by 7.81% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.48% over the last month, showed a 2.12% increase in three-month performance and has increased by 7.81% in a year.
THYF fund flows account for 591.27 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.
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.
THYF invests in bonds. See more details in our Analysis section.
THYF expense ratio is 0.56%. 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, THYF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, THYF technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating THYF shows the buy signal. See more of THYF technicals for a more comprehensive analysis.
Today, THYF technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating THYF shows the buy signal. See more of THYF technicals for a more comprehensive analysis.
Yes, THYF pays dividends to its holders with the dividend yield of 7.09%.
THYF trades at a premium (0.44%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
THYF shares are issued by T. Rowe Price Group, Inc.
THYF 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 Oct 25, 2022.
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.