Symbols

TSPA

T. Rowe Price U.S. Equity Research ETF·ARCA

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Key Stats

Assets Under Management

2.17BUSD

Fund Flows (1Y)

690.80MUSD

Dividend Yield

0.62%

Discount/Premium to NAV

-0.02%

Shares Outstanding

50.30M

Expense Ratio

0.34%

About T. Rowe Price U.S. Equity Research ETF

Issuer

T. Rowe Price Associates, Inc.

Brand

T. Rowe Price

Home Page

https://www.troweprice.com/personal-investing/tools/fund-research/etf/TSPA

Inception Date

Jun 8, 2021

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

T. Rowe Price Associates, Inc. (IM)

Distributor

T. Rowe Price Investment Services, Inc.

TSPA invests in US-listed companies in an attempt to provide exposure similar to its benchmark, the S&P 500 — an index composed of the 500 largest publicly traded US firms. The fund aims to be sector neutral by weighting each industry close to the index, while seeking to outperform it by overweighting or underweighting individual holdings based on fundamental research, which measures how favorable each stock is. Unlike other ETFs that publish full portfolio holdings daily, TSPA publishes a "proxy portfolio” on its website. The proxy portfolio is a basket of securities designed to closely track the fund performance and may help facilitate arbitrage opportunities. Holdings will generally be disclosed 15 calendar days after each quarter-end. Take note of its non-transparent structure that could result in wider spreads