T. Rowe Price Securitized Income ETF is an actively managed exchange-traded fund that normally invests at least 80% of its net assets in a diversified portfolio of investment-grade U.S. securitized credit instruments, including asset-backed securities (ABS), agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and collateralized loan obligations (CLOs). The fund utilizes fundamental security analysis, credit assessment, and quantitative modeling to dynamically adjust duration, weighted average maturity, and sector allocations across fixed-, floating-, and variable-rate debt obligations to generate high current income with secondary capital appreciation.
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