T. Rowe Price High Income Municipal ETF
$48.76+0.13 (+0.26%)
- 0.32%
- $34M
- 4.74K sh
- low $47.07high $51.74
The ETF.net THYM Grade
B
Score 66 out of 100
- 7 of 19
Score 66 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A89 out of 100Rank 2 of 19Mission
Whether the fund did what it promised, tested against its stated mandate.A85 out of 100Rank 13 of 18Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D37 out of 100Rank 14 of 19Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D33 out of 100Rank 17 of 19Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A74 out of 100Rank 5 of 19Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F15 out of 100Rank 19 of 19
Our read on THYM
In short
BThe credit-risk end of T. Rowe Price's muni lineup: an active ETF chasing federally tax-exempt income in longer-term, low- to upper-medium quality bonds, terrain its muni desk has worked since 1985.
Stated mandate
The fund seeks a high level of income exempt from federal income taxes.
Why people hold it
Worth knowing
THYM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
THYM$10,104
Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | THYM |
|---|---|
| Year to date | +1.0% |
| 1 month | +3.2% |
| 3 months | −1.2% |
| 1 year | |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | THYM |
|---|---|---|
| 2026 YTD | +1.0% | |
| 2025 | +0.3% |
THYM in the news
THYM Dividends
- $0.18 per share
- Monthly
Distribution data unavailable.
Distribution history
THYM Risk
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.18
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
THYM Cost
Overpaying vs FMUB, cheapest in High-Yield Municipal Bonds
$393
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
THYM 0.32%
$6,542
FMUB 0.30% Cheapest
$6,149
Cost over time
Year by year
| Year | THYM | FMUB | Overpaying |
|---|---|---|---|
| 10 | $580 | $545 | $35 |
| 20 | $2,250 | $2,113 | $137 |
| 30 | $6,542 | $6,149 | $393 |
Other funds in High-Yield Municipal Bonds
- ASHYDVanEck Short High Yield Muni ETFExpense ratio 0.32%1 year return +2.4%
- BFTMHFranklin Municipal High Yield ETFExpense ratio 0.35%1 year return +0.6%
- BHIMUIshares High Yield Muni Active ETFExpense ratio 0.39%1 year return +0.8%
- BSHYMiShares Short Duration High Yield Muni Active ETFExpense ratio 0.40%1 year return +2.2%
- BIROCInvesco Rochester High Yield Municipal ETFExpense ratio 0.39%1 year return +1.6%
