T.Rowe Price High Income Municipal ETF (THYM US)
THYM US$48.39
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 48.39
- Change
- ▼ -0.03 (-0.07)
- Bid / Ask
- 48.36 - 48.82
- Volume
- 301
- Turnover
- 14,530
- Open
- 48.42
- Day Range
- 48.39 - 48.44
- VWAP
- 48.43
- Prev Close
- 48.43
- Last Trade
- 28/10 4:00pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$33.9M
OCT 2026
Distributions
Monthly
Since inception
0.9 yrs
NOV 2025
- Legal name
- T. Rowe Price High Income Municipal ETF
- Issuer
- T. Rowe Price
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- High Yield Muni
- Category index
- Bloomberg 65% High Grade/35% HY TR USD
- Benchmark
- N/A
- ETF net assets
- $33.9M
- Units on issue
- 700,000
- Management fee
- 0.32% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 19 NOV 2025
- Listed
- 20 NOV 2025
Objective and strategy
The investment seeks to provide a high level of income exempt from federal income taxes. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal securities whose income is exempt from federal income taxes. Any derivatives that provide exposure to the investment focus suggested by the fund’s name, or to one or more market risk factors associated with the investment focus suggested by the fund’s name, are counted (as applicable) toward compliance with the fund’s 80% investment policy.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 0.00%Non-US equity 0.00%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 0.00 | 0.00 | 0.00 |
| Bond | 99.96 | 99.96 | 0.00 |
| Cash | 0.04 | 0.56 | 0.52 |
| Other | 0.00 | 0.00 | 0.00 |
Portfolio statistics · 23 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Assets in top 10
- 13.71%
Top holdings · top 10 = 11.68% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 1.79 | — | 495,484 | USD | 700,000 | — | United States | |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | 1.61 | — | 445,884 | USD | 500,000 | — | Puerto Rico | |
| MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV 5.25% | 1.47 | — | 407,695 | USD | 450,000 | — | United States | |
| PUERTO RICO COMWLTH 0% | 1.07 | — | 297,078 | USD | 417,984 | — | Puerto Rico | |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH STATEWIDE CMNTY INFRASTRUCTURE PROGRAM | 1.05 | — | 291,462 | USD | 300,000 | — | United States | |
| DELAWARE ST ECONOMIC DEV AUTH CHARTER SCH REV 4% | 1.00 | — | 276,246 | USD | 400,000 | — | United States | |
| TOBACCO SETTLEMENT FING CORP N J 5% | 0.98 | — | 273,042 | USD | 295,000 | — | United States | |
| SUMMIT CNTY OHIO DEV FIN AUTH PKG SYS REV 6% | 0.92 | — | 253,972 | USD | 250,000 | — | United States | |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.5% | 0.91 | — | 251,124 | USD | 250,000 | — | United States | |
| CALIFORNIA MUN FIN AUTH REV 6% | 0.89 | — | 247,226 | USD | 250,000 | — | United States |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-4.3
3M
-6.3
6M
-2.7
YTD
-2.2
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -4.35 | -4.06 | -4.32 | 33 / 188 |
| 3 months | -6.32 | -6.03 | -6.25 | 43 / 188 |
| 6 months | -2.70 | -2.50 | -2.54 | 20 / 187 |
| Year to date | -2.25 | -2.07 | -2.01 | 18 / 186 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
- Best quarter
- 3.95% · JUN 2026
- Worst quarter
- -6.25% · SEP 2026
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.32% p.a.
- PDS dated
- 1 MAY 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.1849
- Ex Date
- 25 SEP 2026
- Record Date
- 25 SEP 2026
- Pay Date
- 29 SEP 2026
- NAV at ex date
- 47.60
- Paid this year
- 1.6817
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.2
| Year | Per unit ($) |
|---|---|
| 2024 | 0.1855 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 25 SEP 2026 | 0.1849 |
| 26 AUG 2026 | 0.1908 |
| 28 JUL 2026 | 0.1878 |
| 25 JUN 2026 | 0.1938 |
| 26 MAY 2026 | 0.1848 |
| 27 APR 2026 | 0.1862 |
| 26 MAR 2026 | 0.1869 |
| 24 FEB 2026 | 0.1839 |
| 27 JAN 2026 | 0.1826 |
| 23 DEC 2025 | 0.1855 |
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- James M. Murphy
- Colin T. Bando
- Michael Kane
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 3
- Average tenure
- 0.9 years
- Longest tenure
- 0.9 years
- Longest serving
- James M. Murphy, Colin T. Bando, Michael Kane · since 19 NOV 2025
- Most recent appointment
- James M. Murphy, Colin T. Bando, Michael Kane · since 19 NOV 2025
- Managed since
- 19 NOV 2025
- Other funds managed
- 7
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
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