TAGG – T. Rowe Price QM US Bond ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide a total return that exceeds the performance of the U.S. investment-grade bond market. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. bonds. The fund’s overall investment strategy is to provide total returns that exceed the total returns of the Bloomberg U.S. Aggregate Bond Index. The index is a broadly diversified index that typically consists of investment-grade, fixed income instruments with intermediate- to long-term maturities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TAGG	T. Rowe Price QM U.S. Bond ETF	ETF	Open			Sep 28, 2021	$2.63B	0.080%	—	—	$1.26B

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