THYF Fees and Costs — T. Rowe Price U.S. High Yield ETF
Data updated: 2026-08-12
The net expense ratio is 0.50%. There are no sales loads or redemption fees. Portfolio turnover was 82%.
THYF Fees and Expenses
Annual operating expenses and sales charges of THYF. Prospectus, as of July 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
THYF Costs Over Time
On $10,000 invested in THYF, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.52% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.50%) | $52 | $165 | $287 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $173 | $316 |
| Value after costs | $10,448 | $11,403 | $12,447 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
THYF Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 82%
- Securities lending: none during the year
THYF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $193.7M | 18.23% |
| WELLS FARGO SECURITIES, LLC | $192.8M | 18.15% |
| MORGAN STANLEY & CO. LLC | $147.5M | 13.88% |
| GOLDMAN SACHS & CO. LLC | $146.3M | 13.77% |
| BOFA SECURITIES, INC. | $135.7M | 12.77% |
| Citigroup Inc. | $116.4M | 10.96% |
| BARCLAYS CAPITAL INC. | $62.6M | 5.89% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $23.2M | 2.18% |
| RBC Capital Markets, LLC | $22.4M | 2.11% |
| SMBC NIKKO SECURITIES AMERICA, INC. | $22.1M | 2.08% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.