T. Rowe Price Exchange-Traded Funds, Inc. - T. Rowe Price Floating Rate ETF

T. Rowe Price Exchange-Traded Funds, Inc. - T. Rowe Price Floating Rate ETF is an exchange traded fund launched and managed by T. Rowe Price Associates, Inc. The fund invests in fixed income markets of the United States. The fund invests in investment grade floating rate loans and other floating rate debt securities of varying maturity. It employs fundamental analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Bloomberg U.S. Aggregate Bond Index and the Morningstar LSTA Performing Loan Index. T. Rowe Price Exchange-Traded Funds, Inc. - T. Rowe Price Floating Rate ETF was formed on November 16, 2022 and is domiciled in the United States.