TFIX — T. Rowe Price Capital Appreciation Fixed Income ETF

Data updated: 2026-07-24

TFIX — T. Rowe Price Capital Appreciation Fixed Income ETF. Developed ex-US Value Equity · 0.37% expense ratio. Holdings, fees, performance and SEC filings.

TFIX Fund Overview

TFIX — T. Rowe Price Capital Appreciation Fixed Income ETF is a US ETF managed by T. Rowe Price Exchange-Traded Funds, Inc., categorised as Developed ex-US Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

TFIX Investment Objective and Strategy

T. Rowe Price Capital Appreciation Fixed Income ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by T. Rowe Price Exchange-Traded Funds, Inc..

Investment objective

The fund seeks to provide income,

Principal investment strategy

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income securities. Any derivatives that provide exposure to the investment focus suggested by the fund’s name, or to one or more market risk factors associated with the investment focus suggested by the fund’s name, are counted (as applicable) toward compliance with the fund’s 80% investment policy. Normally, the fund invests its assets in a variety of U.S. and non-U.S. debt securities across the following primary sectors: ● Below investment-grade corporate debt (which is BB and lower, or an equivalent credit quality); ● Bank loans, mostly below investment-grade floating rate leveraged loans (loans where borrowing companies often have significantly more debt than equity); ● Investment-grade corporate debt (which is BBB and higher, or an equivalent credit quality), including bonds issued by corporations located in the U.S.

and other developed market countries; and ● Government debt, including bonds issued by the U.S. government and its agencies or by governments of other developed market countries and agency mortgage-backed securities. Under normal circumstances, the fund generally expects to be equally weighted in each of the categories. However, the proportion of fund assets allocated to each of these sectors will vary with market conditions and the fund’s assessment of each sector’s relative attractiveness as investment opportunities. The fund follows a bottom-up, fundamental security selection process with respect to each fixed income instrument. When deciding whether to adjust duration, credit risk exposure, or allocations among the various sectors, the advisor generally focuses on finding holdings with the best risk-adjusted return potential while emphasizing income generation.

The adviser may examine characteristics and relative prospects among government and agency obligations; bank loans; and corporate bonds, including those rated noninvestment gra

TFIX Costs and Fees

TFIX costs about $37 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.37%
  • Gross expense ratio: 0.37%

TFIX Debt Constituents

No individual debt constituents are reported in T. Rowe Price Capital Appreciation Fixed Income ETF's latest SEC N-PORT filing.

TFIX Prospectus and SEC Filings

Official T. Rowe Price Capital Appreciation Fixed Income ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Developed ex-US Value Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.