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Morningstar

T. Rowe Price Ultra Short-Term Bond ETF TBUX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub

Morningstar’s Analysis TBUX

Will TBUX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TBUX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TBUX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TBUX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A drop in People Pillar rating is the primary driver of T. Rowe Price Ultra Short-Term Bond ETF's downgrade to a Morningstar Medalist Rating of Silver from Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TBUX

More TBUX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

OVINTIV INC 0%

1.08 1.8 Mil
Cash and Equivalents

Allegro Clo Ix Ltd / Allegro Clo Ix FRN 6.55666%

0.91 1.5 Mil
Securitized

Fifth Third Bank of Cincinnati 3.85%

0.88 1.5 Mil
Corporate

FMC Corp. 3.2%

0.78 1.3 Mil
Corporate

Bacardi-Martini Finance BV 0%

0.78 1.3 Mil
Cash and Equivalents

Corebridge Financial Inc. 3.5%

0.71 1.2 Mil
Corporate

Deutsche Bank AG 4.5%

0.69 1.1 Mil
Corporate

Constellation Energy Generation LLC 3.25%

0.65 1.1 Mil
Corporate

APA Infrastructure Ltd. 4.2%

0.63 1.0 Mil
Corporate

SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-2 5.78%

0.61 1.0 Mil
Securitized