Key stats
About T. Rowe Price Multi-Sector Income ETF
Home page
Inception date
Nov 19, 2025
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
US87283Q6448
TMSF invests its assets in fixed income securities, aiming for high income and some capital appreciation. It actively shifts allocations among multiple sectors including, US and foreign high yield and investment-grade corporate debt, mortgage-backed and asset-backed securities, government bonds, and emerging market debt. The fund may invest across all maturities, adjust allocations as opportunities arise, and hedge most foreign currency exposure. It uses a variety of derivatives for purposes including hedging, managing interest rate or credit risk, and gaining market or currency exposure. Asset allocation and portfolio duration are actively managed in response to changing interest rates, credit conditions, and market opportunities, with the flexibility to invest in other T. Rowe Price mutual funds or ETFs.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
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.
TMSF trades at 50.21 USD today, its price has risen 0.08% in the past 24 hours. Track more dynamics on TMSF price chart.
TMSF assets under management is 24.98 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.
TMSF fund flows account for 0.00 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.
TMSF invests in bonds. See more details in our Analysis section.
TMSF expense ratio is 0.37%. 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, TMSF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, TMSF doesn't pay dividends to its holders.
TMSF trades at a premium (0.12%).
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.
TMSF shares are issued by T. Rowe Price Group, Inc.
TMSF 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 Nov 19, 2025.
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.