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T. Rowe Price has launched the U.S. High Yield ETF (Ticker: THYF), its fourth actively managed fixed income ETF, now trading on NYSE Arca. This ETF focuses on U.S. high yield corporate bonds, aiming for total return and current income. Managed by Kevin Loome, the ETF has a net expense ratio of 0.56%. This addition expands T. Rowe Price's active ETF offerings to nine, complementing its mutual fund lineup. The firm plans to introduce more ETFs, enhancing its range of strategies available for investors.
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