T. Rowe Price High Income Municipal ETFTHYM

T. Rowe PriceBonds & CashMunicipal#212 of 786 by YTD

$49.12

+0.4% last session

+1.8% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 5, 2026THYMS&P 500 · VOOBonds & Cash average

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.4%	+4.5%	−1.1%	+1.8%	—	—	—	+2.1%
Peer average	+0.3%	+4.1%	−0.5%	+0.9%	+1.2%	+15.4%	+2.9%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $34M
Expense ratio: 0.32%
Distribution yield: 4.2%
NAV: $48.88
Volume: 5K
Avg. volume 30D: 6K
High today: $49.18
Low today: $49.07
Previous close: $48.91
52-week high: $51.74
52-week low: $47.07
Our risk indicator: 2/5

THYM in One Breath

THYM Among Municipal ETFs

YTD

#1MMMANY Life Investments+2.7%$59.6M

#2MYMGSPDR+2.4%$8.6M

#3TAXTFlexShares+2.4%$197M

#4SMMUPIMCO+2.3%$1.3B

#5SHYMiShares+2.2%$921M

#6FTMSFranklin Templeton+2.1%$265M

#7MUNAFlexShares+2.0%$8.0M

#8CGSMCapital Group+2.0%$1.7B

#22THYMT. Rowe Price+1.8%$34.2M

End-of-day Nov 6, 2026 · 141 Municipal ETFs by YTD

$10,000 in THYM

$10,000 in THYM became

$10,212

In the S&P 500 (VOO)

$11,251

Total return, dividends in · Nov 21, 2025 – Nov 5, 2026 · S&P 500 uses VOO

THYM’s Top Holdings

Today

PUERTO RICO SAPuerto Rico Sales Tax Fing Cor Prcgen 07/58 Fixed Oid 51.4%TOBACCO SETT1.1%BUCKEYE OH T1.1%BLACK BELT E1.1%Cash/Cash eq1.0%CALIFORNIA S0.9%ILLINOIS ST 0.9%PUERTO RICO 0.9%DELAWARE ST 0.8%PUERTO RICO 0.8%MARYLAND ST 0.8%DELAWARE ST 0.8%SUMMIT CNTY 0.8%LOS ANGELES 0.7%CALIFORNIA S0.7%PUERTO RICO 0.7%CALIFORNIA S0.7%CHESTER CNTY0.7%CALIFORNIA S0.6%TEXAS ST MUN0.6%ALABAMA ST T0.6%KENTUCKY ST 0.6%

T. Rowe Price THYM · 292 holdings · top 22 shown · tile size = share of the fund · as of Nov 5, 2026

What THYM Holds

Today

All holdings100.0%

PUERTO RIC 1.4 · TOBACCO SE 1.1 · BUCKEYE OH 1.1 · BLACK BELT 1.1 · Cash/Cash · CALIFORNIA · ILLINOIS S

T. Rowe Price THYM · share of the fund · as of Nov 5, 2026

Puerto’s Share of THYM

Today

1.4%

$14 of every $1,000 in THYM is Puerto

Puerto held by THYM

$470K

T. Rowe Price THYM · each square = $10 of $1,000 · as of Nov 5, 2026

THYM’s Share of Municipal ETFs

Today

0.0%

of the $244B in 166 Municipal ETFs

THYM$34.2M0.0%

MUB$54.7B22.4%

VTEB$49.6B20.3%

163 others$140B57.3%

Municipal ETF AUM · Nov 6, 2026

THYM Fee per $100 vs Peers

Today

$0.32a year
per $100

$32 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

JMUB$0.18

CGMU$0.27

THYM$0.32

Expense ratio · Municipal peers · Nov 6, 2026

Inside THYM

100 holdings · as of Nov 5, 2026

THYM

T. Rowe Price High Income Municipal ETF

Today

All holdings100.0%86 more holdings87.0% of the fund

All holdings100.0%94 more holdings93.5% of the fund

#	Ticker	Company	Weight ▼
1	—	Puerto Rico Sales TAX Fing COR Prcgen 07/58 Fixed OID 5	1.37%
2	—	Tobacco Settlement Fing N Tobgen 06/46 Fixed 5	1.11%
3	—	Buckeye OH Tobacco Settlement Bucgen 06/55 Fixed 5	1.07%
4	—	Black Belt Energy GAS Dist AL Bbeutl 12/55 Adjustable VAR	1.07%
5	—	Cash/Cash equivalent	1.00%
6	—	California ST Stwd Cmntys DEV Casdev 09/40 Fixed 5	0.90%
7	—	Illinois ST Toll Highway Auth Ilstrn 01/40 Fixed 5	0.86%
8	—	Puerto Rico Cmwlth PRC 11/51 Adjustable VAR	0.85%
9	—	Delaware ST Econ DEV Auth Chrt Desedu 06/52 Fixed 4	0.83%
10	—	Puerto Rico Sales TAX Fing COR Prcgen 07/46 Zerocpnoid 0	0.83%

See all 292 holdings ↓

T. Rowe Price THYM · current holdings by weight · as of Nov 5, 2026 · each tile is one holding · top 20 = 17.1%

All THYM Holdings

292 holdings · as of Nov 5, 2026

THYM

THYM’s Holdings

Today

#
1	—Puerto Rico Sales TAX Fing COR Prcgen 07/58 Fixed OID 5	1.37%	$137.31	500K	$470K
2	—Tobacco Settlement Fing N Tobgen 06/46 Fixed 5	1.11%	$111.10	395K	$380K
3	—Buckeye OH Tobacco Settlement Bucgen 06/55 Fixed 5	1.07%	$106.81	500K	$365K
4	—Black Belt Energy GAS Dist AL Bbeutl 12/55 Adjustable VAR	1.07%	$106.51	350K	$364K
5	—Cash/Cash equivalent	1.00%	$99.53	0	$341K
6	—California ST Stwd Cmntys DEV Casdev 09/40 Fixed 5	0.90%	$90.47	300K	$310K
7	—Illinois ST Toll Highway Auth Ilstrn 01/40 Fixed 5	0.86%	$86.24	295K	$295K
8	—Puerto Rico Cmwlth PRC 11/51 Adjustable VAR	0.85%	$85.41	422K	$292K
9	—Delaware ST Econ DEV Auth Chrt Desedu 06/52 Fixed 4	0.83%	$83.10	400K	$284K
10	—Puerto Rico Sales TAX Fing COR Prcgen 07/46 Zerocpnoid 0	0.83%	$82.65	799K	$283K
11	—Maryland ST Hlth HGR Eductnl Mdsmed 07/42 Fixed 5.75	0.80%	$80.19	250K	$274K
12	—Delaware ST Econ DEV Auth Reve Desdev 09/46 Fixed 5	0.76%	$75.96	275K	$260K
13	—Summit Cnty OH DEV FIN Auth PK Sumdev 12/58 Fixed OID 6	0.75%	$75.46	250K	$258K
14	—LOS Angeles CA Dept OF Arpts A Losapt 05/37 Fixed 5	0.75%	$74.78	250K	$256K
15	—California ST Muni FIN Auth RE Casfin 01/55 Fixed OID 6	0.74%	$74.50	250K	$255K

T. Rowe Price THYM · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 5, 2026

How It Compares

THYM

T. Rowe Price High Income Municipal ETF’s Peers

YTD


MUB	iSharesRead Desk	0.05%	+0.5%	+0.9%	$54.7B
VTEB	VanguardRead Desk	0.03%	+0.6%	+0.9%	$49.6B
SUB	iSharesRead Desk	0.07%	+1.6%	+2.4%	$13.3B
JMUB	J.P. MorganRead Desk	0.18%	+0.8%	+1.1%	$9.0B
CGMU	Capital GroupRead Desk	0.27%	+1.1%	+1.7%	$7.5B
THYM	T. Rowe PriceThis fundRead Desk	0.32%	+1.8%	new	$34M

Municipal peers · YTD and past-year returns · as of Nov 6, 2026 · sorted by AUM

Head to Head

Put THYM head to head with MUB →

MUB vs THYM

YTD

MUBiShares · MunicipalTHYMT. Rowe Price · Municipal

Year to date

+0.5%

+1.8%

THYM wins+1.3 pts

Past year

+0.9%

[…]

Level

Fee

0.05%

0.32%

MUB winslower fee

Yield

3.3%

4.2%

THYM wins+0.9 pts

AUM

$54.7B

$34.2M

MUB1597.3× more

2–1THYM wins

iShares MUB and T. Rowe Price THYM · year-to-date · as of Nov 6, 2026 · AUM not scored

THYM vs VOO

YTD

THYM · T. Rowe Price High Income Municipal

+1.8%

VOO · S&P 500

+8.4%

Gap

6.6 pts

T. Rowe Price THYM and Vanguard VOO · YTD total return · as of Nov 6, 2026

THYM vs Its Peer Average

YTD

THYMAvsBPeer average

1D+0.4%+0.3%

1M+4.5%+4.1%

3M−1.1%−0.5%

YTD+1.8%+0.9%

1Y[…]+1.2%

3Y[…]+15.4%

5Y[…]+2.9%

3–1THYM wins

165 Municipal peers · each row scaled to its leader

The Details

THYM

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y[…]

Deepest drop · 1Y[…]

Lowest point · 5Y−2.3%

52-week range

$49.12

$47.07−5.1% from the high$51.74

T. Rowe Price THYM · past-year price moves · as of Nov 6, 2026

THYM

Fund Facts

Today

2025launched Nov 19

Tracks[…]

Exchange · CUSIPNASDAQ · 87283Q677

StructureETF

Leverage1x

Cost on $10,000$32 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

T. Rowe Price THYM · fund facts · as of Nov 6, 2026

THYM

Payouts by Year

$0.18per share, Oct 2026

Distribution yield4.2%

PaidEvery month

Latest ex-date · paidOct 27 · Oct 29, 2026

11 payouts added up$2.04 a share

T. Rowe Price THYM · distributions by ex-date · 2025–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-08-31 ↗SEC reported portfolio · 2026-05-31 ↗SEC reported portfolio · 2026-02-28 ↗summary prospectus · SEC 497K ↗annual report · SEC N-CSR ↗SEC reported portfolio · 2025-11-30 ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$48.88

Premium / discount[…]

Median spread · 30D[…]

Volume today5K

Average volume · 30D6K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.32%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$32.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Oct 27, 2026	Oct 29, 2026	$0.18
Sep 25, 2026	Sep 29, 2026	$0.18
Aug 26, 2026	Aug 28, 2026	$0.19
Jul 28, 2026	Jul 30, 2026	$0.19
Jun 25, 2026	Jun 29, 2026	$0.19
May 26, 2026	May 28, 2026	$0.18
Apr 27, 2026	Apr 29, 2026	$0.19
Mar 26, 2026	Mar 30, 2026	$0.19
Feb 24, 2026	Feb 26, 2026	$0.18
Jan 27, 2026	Jan 29, 2026	$0.18
Dec 23, 2025	Dec 26, 2025	$0.19

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