T. Rowe Price Short Municipal Income ETF (TMNS)

NASDAQ: TMNSExchange-traded fund from T. Rowe Price.

  • Net assets$22.2M
  • Duration2.80 yrs

TMNS ETF price chart

TMNS quote & trading statistics

TMNS performance

Total return · as of October 23, 2026
  • YTD+0.84%
1Y volatility
0.00%
3Y volatility
0.00%
3Y Sharpe ratio
0.00

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

TMNS asset allocation

Bonds
95.0%
Cash
0.2%

TMNS bond portfolio

Rate scenarios & peers →
Yield to maturity
4.62%
Effective duration
2.80 yrs
Average maturity
4.3 yrs
Average coupon
4.31%

A one-percentage-point rise in interest rates would lower the price by about 2.8%.

About T. Rowe Price Short Municipal Income ETF

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal securities whose income is exempt from federal income taxes. Any derivatives that provide exposure to the investment focus suggested by the fund"s name, or to one or more market risk factors associated with the investment focus suggested by the fund"s name, are counted (as applicable) toward compliance with the fund"s 80% investment policy.

TMNS ETF FAQ

How much money is in TMNS?

T. Rowe Price Short Municipal Income ETF has about $22.2M in net assets.

When was TMNS launched?

T. Rowe Price Short Municipal Income ETF began trading on November 19, 2025.