T. Rowe Price QM U.S. Bond ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Jan 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About TAGG
The fund normally invests at least 80% of its net assets (plus any borrowingsfor investment purposes) in U.S. bonds. 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. The fund’s overall investment strategy is to provide total returns (after all of the fund’s expenses have been deducted) that exceed the total returns of the Bloomberg U.S. Aggregate Bond Index (Index). The Index is a broadly diversified index that typically consists of investment-grade, fixed income instruments with intermediate- to long-term maturities. Consistent with the Index, the fund’s holdings will normally include U.S. government and agency obligations, mortgage- and asset-backed securities, corporate bonds, municipal securities, and U.S. dollar-denominated securities of foreign issuers. The adviser generally invests in arange of bonds represented in the Index. While the fund’s portfolio is structured to have a risk profile and overall characteristicssimilar to the Index, the adviser does not attempt to fully replicate the Index. The adviser may adjust certain holdings in relationto their weighting in the Index and rely on quantitative models and fundamental research in an attempt to exceed the returns of the Indexnet of fees. These quantitative models are designed to help replicate the overall risk factors and other characteristics of the Indexin a more efficient manner and inform portfolio construction. In conjunction with the quantitative models, the adviser uses fundamentalresearch to evaluate and select specific bonds for the portfolio. This could result in the fund being underweight or overweight in certainsectors versus the Index or having a duration that differs from that of the Index. Duration, which is expressed in years, is a calculationthat attempts to measure the price sensitivity of a bond or bond fund to changes in interest rates. For example, the price of a bondfund with a duration of three years would be expected to fall approximately 3% if interest rates rose by one percentage point. A bondfund with a longer duration should be more sensitive to changes in interest rates than a bond fund with a shorter duration. The fund may use a variety of derivatives,such as futures, forwards, options, and swaps for a number of purposes, such as for hedging risk or managing certain exposure. Specifically,the fund buys and sells interest rate futures, including U.S. Treasury futures, and mortgage-backed securities on a delayed deliveryor forward commitment basis through the “to-be-announced” (TBA) market as a means of adjusting the fund’s durationand gaining exposure to investment-grade bonds. Interest rate futures are futures contracts based on underlying financial instrumentsthat pay interest, such as U.S. Treasury securities. The price of an interest rate future moves inversely to a change in interest rates.With TBA transactions, the particular mortgage-backed securities to be delivered are not identified at the trade date, but the deliveredsecurities must meet specified terms and standards. In an effort to obtain underlying mortgage-backed securities on more preferable termsor to enhance returns, the fund may extend the settlement by entering into “dollar roll” transactions in which the fund sellsmortgage-backed securities and simultaneously agrees to purchase substantially similar securities on a future date. The fund also investsin credit default swap indexes (CDX). A CDX is a swap on an index of credit default swaps. CDXs are used by the fund as a means to managecredit risk or take a position on a basket of credit entities (such as credit default swaps or a reference index) rather than transactingin a single-name credit default swap.
TAGG News
- T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) Short Interest Update
- Understanding Momentum Shifts in (TAGG)
- Avoiding Lag: Real-Time Signals in (TAGG) Movement
- Discipline and Rules-Based Execution in TAGG Response
- T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) Sets New 12-Month Low – Time to Sell?
- Independent Bank Corporation Appoints Nathan E. Tagg to Its Board of Directors
- T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) Short Interest Up 506.7% in June
- Discipline and Rules-Based Execution in TAGG Response
- Behavioral Patterns of TAGG and Institutional Flows
- (TAGG) Movement Within Algorithmic Entry Frameworks
- T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) Short Interest Up 240.3% in May
Data for TAGG is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.