TEQI – T. Rowe Price Equity Income ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of dividend income and long-term capital growth. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities with a track record of paying dividends. It typically employs a "value" approach in selecting investments. The fund's in-house research team seeks companies that appear to be undervalued by various measures and may be temporarily out of favor but have good prospects for capital appreciation and dividend growth.

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
TEQI	T. Rowe Price Equity Income ETF	ETF	Open			Aug 4, 2020	$480.04M	0.540%	—	—	$52.07M

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