TMNL T. Rowe Price Long Municipal Income ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 47.09 | Day Range | 47.16 – 47.20 |
| 52-Week Range | 46.85 – 50.84 | Volume | 445 |
| Avg Volume | 727 | AUM | $22.3M (Oct 10, 2026) |
| Expense Ratio | 0.26% | Yield (TTM) | 3.77% |
| NAV | 46.89 | Premium/Discount | +0.63% indicative |
| Inception | Nov 19, 2025 | Holdings | — |
| Issuer | T. Rowe | Exchange | NASDAQ |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 87283Q651 | ISIN | US87283Q6513 |
| Management | Not stated in source data | ||
About this ETF
TMNL invests in municipal securities, including relevant derivates, that generate income exempt from regular federal income taxes. Its portfolio typically has a weighted average maturity greater than 10 years, with no set limits on maturity or duration for individual holdings. While focusing on tax-exempt income, some income may be subject to the alternative minimum tax. The fund holds a variety of municipal securities, such as general obligation and revenue bonds, including private activity bonds, and may concentrate in certain states or sectors when attractive opportunities are identified by the adviser. Most holdings are investment-grade, but up to 25% may be below investment-grade or unrated. Investment selections are guided by the adviser's views on interest rates, economic outlook, and credit quality.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -3.29% | -6.34% | -5.87% | -5.76% | — | — | — | — | -5.74% |
| Total return | -3.28% | -6.00% | -4.51% | -3.42% | — | — | — | — | -3.04% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.26% | Annual cost of a $10,000 investment | $26.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 134 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Cash/Cash equivalent USD | — | 6.55% | 0 | $1.5M |
| 2 | HENRICO CNTY VA ECON DEV AUTH HENMFH 12/45… | — | 3.10% | 750.00K | $725.7K |
| 3 | NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/55… | — | 2.72% | 650.00K | $636.7K |
| 4 | UNIV OF NORTH CAROLINA NC AT C UNCHGR 12/55… | — | 2.40% | 575.00K | $561.8K |
| 5 | KNOX CNTY TN HLTH EDUCTNL HS KNOMED 07/59… | — | 2.03% | 500.00K | $477.0K |
| 6 | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/51… | — | 2.03% | 500.00K | $475.0K |
| 7 | MARYLAND ST ECON DEV CORP PRIV MDSDEV 06/52… | — | 1.78% | 460.00K | $417.1K |
| 8 | MARYLAND ST HLTH HGR EDUCTNL MDSMED 01/46… | — | 1.71% | 400.00K | $401.4K |
| 9 | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 06/59… | — | 1.69% | 400.00K | $396.2K |
| 10 | DENVER CITY CNTY CO ARPT REV DENAPT 12/37… | — | 1.69% | 400.00K | $395.2K |
| 11 | NEW YORK ST MTGE AGY REVENUE NYSHSG 10/30 FIXED… | — | 1.65% | 400.00K | $388.0K |
| 12 | NORTH CAROLINA ST TURNPIKE AUT NCSTRN 01/39… | — | 1.58% | 400.00K | $370.8K |
| 13 | VIRGINIA SMALL BUSINESS FING A VASDEV 12/56… | — | 1.40% | 375.00K | $328.8K |
| 14 | MARYLAND ST HLTH HGR EDUCTNL MDSMED 08/45… | — | 1.34% | 380.00K | $314.6K |
| 15 | MARYLAND ST CMNTY DEV ADMIN DE MDSDEV 09/51… | — | 1.33% | 320.00K | $311.3K |
| 16 | PUERTO RICO CMWLTH PRC 11/51 ADJUSTABLE VAR | — | 1.30% | 417.98K | $305.1K |
| 17 | GEO L SMITH II GA CONGRESS CTR GLSFAC 01/54… | — | 1.27% | 400.00K | $298.1K |
| 18 | AUSTIN TX ARPT SYS REVENUE AUSAPT 11/43 FIXED 5 | — | 1.26% | 310.00K | $295.4K |
| 19 | CALIFORNIA ST STWD CMNTYS DEV CASDEV 09/40… | — | 1.22% | 290.00K | $284.9K |
| 20 | AQUARION WTR AUTH CT WTR SYS R AQUWTR 08/48… | — | 1.20% | 1.00M | $280.8K |
| 21 | SAVANNAH GA HOSP AUTH SAVMED 07/36 FIXED 4 | — | 1.18% | 300.00K | $277.3K |
| 22 | PUERTO RICO SALES TAX FING COR PRCGEN 07/40… | — | 1.18% | 300.00K | $275.6K |
| 23 | MADISON CNTY VA INDL DEV AUTH MADDEV 10/46… | — | 1.16% | 390.00K | $272.3K |
| 24 | CALIFORNIA CMNTY CHOICE FING A CCEDEV 10/54… | — | 1.10% | 250.00K | $258.6K |
| 25 | MAIN STREET NATURAL GAS INC GA MAIUTL 05/54… | — | 1.08% | 250.00K | $253.1K |
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Distributions
| Yield (TTM) | 3.77% | Paid (last 12 months) | $1.7791 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 25, 2026 | Last payment | $0.1779 (Sep 29, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 25, 2026 | Sep 25, 2026 | Sep 29, 2026 | $0.1779 |
| Aug 26, 2026 | Aug 26, 2026 | Aug 28, 2026 | $0.1786 |
| Jul 28, 2026 | Jul 28, 2026 | Jul 30, 2026 | $0.1774 |
| Jun 25, 2026 | Jun 25, 2026 | Jun 29, 2026 | $0.1771 |
| May 26, 2026 | May 26, 2026 | May 28, 2026 | $0.1755 |
| Apr 27, 2026 | Apr 27, 2026 | Apr 29, 2026 | $0.1760 |
| Mar 26, 2026 | Mar 26, 2026 | Mar 30, 2026 | $0.1760 |
| Feb 24, 2026 | Feb 24, 2026 | Feb 26, 2026 | $0.1774 |
| Jan 27, 2026 | Jan 27, 2026 | Jan 29, 2026 | $0.1699 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 26, 2025 | $0.1933 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 5.08% / — | Sharpe 1Y / 3Y | -1.46 / — |
| Max drawdown 1Y / 3Y | -7.25% / — | Sortino 1Y | -1.85 |
| Beta vs S&P 500 (3Y) | 0.168 | Correlation vs S&P 500 (1Y) | 0.352 |
| Downside deviation 1Y | 4.00% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 10, 2026. Formulas →
Liquidity
| Volume today | 445 | Average volume | 727 |
| AUM | $22.3M | Premium/Discount | +0.63% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $28.5K | +0.13% | $22.2M → $22.3M |
| 1 Month | $686.2K | +3.12% | $22.0M → $22.3M |
| 1 Week | -$159.5K | -0.71% | $22.5M → $22.3M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for TMNL
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.