T. Rowe Price has announced the introduction of its fourth actively managed fixed income ETF, the T. Rowe Price U.S. High Yield ETF (ticker: THYF), which is available to the public beginning today on NYSE Arca, Inc.
The U.S. High Yield ETF is managed by the same investment team and uses the same process as the T. Rowe Price U.S. High Yield mutual fund (TUHYX). The U.S. High Yield strategy is managed by Kevin Loome, CFA, who has 29 years of investment experience, 16 of which are at T. Rowe Price.
T. Rowe Price debuted its first active equity ETFs in 2020, and its first fixed income ETFs in 2021. U.S. The High Yield ETF brings the firm’s active ETF roster to nine. The firm has also recently completed an SEC filing for an ETF that invests in floating rate bonds, expected later this year.
