# TCAL (T. Rowe Price Capital Appreciation Premium Income ETF)

T. Rowe Price · Income ETFs · data as of Sep 11, 2026

Over the year to Sep 11, 2026, TCAL paid 11.3% in cash and still finished 15.0 points behind SPY.

## Key facts

- TCAL, cash paid, 1 year, on its starting price: 11.3%, as of Sep 11, 2026.
- TCAL, total return, 1 year: +2.5%, as of Sep 11, 2026.
- TCAL, against SPY: −15.0 pts, as of Sep 11, 2026.
- TCAL, latest payout, annualized: 9.3%, as of Sep 11, 2026.
- TCAL, net assets: $276m (SEC filing, whole fund, as filed for Jun 30, 2026).
- TCAL, expense ratio: 0.34% (485BPOS XBRL, Feb 25, 2026).

## TCAL over each window to Sep 11, 2026

| Window | Cash paid | Price | Total return | SPY | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 3.5% | +0.5% | +4.0% | +3.3% | +0.7 pts |
| 6 months | 6.1% | −2.8% | +3.4% | +16.0% | −12.6 pts |
| 1 year | 11.3% | −9.0% | +2.5% | +17.5% | −15.0 pts |
| Since launch | 15.2% | −11.1% | +4.5% | +36.7% | −32.2 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | covered call | ETFIQ |
| Benchmark | S&P 500 (SPY), used as a default proxy (proxy) | ETFIQ |
| Pays | monthly | ETFIQ |
| Net assets | $276m | SEC filing, whole fund, as filed for Jun 30, 2026 |
| Latest payout, annualized | 9.3% | ETFIQ |
| Expense ratio | 0.34% | 485BPOS XBRL, Feb 25, 2026 |
| Cash paid, last 12 months, over today’s price | 12.4% | ETFIQ |
| Launched | Mar 27, 2025 | ETFIQ |
| Pays | monthly | ETFIQ |
| Typical gap between ex-dates | 30 days | ETFIQ |
| Typical wait from ex-date to payment | 2 days | ETFIQ |
| Last paid, per share | $0.1739 ex Aug 31, 2026 | ETFIQ |
| Sum of the last 12 distributions | $2.5737 | ETFIQ |

## Questions

### How much has TCAL paid over the last year?

Over the year to Sep 11, 2026, TCAL paid 11.3% of its starting price in cash distributions, while the price fell 9.0%.

### Is TCAL ahead of SPY?

Over the year to Sep 11, 2026, with every distribution reinvested, TCAL returned +2.5% against +17.5% for S&P 500 (SPY), used as a default proxy, so a holder was behind it by 15.0 points.

### How often does TCAL pay, and how much?

TCAL pays monthly. The latest distribution annualizes to 9.3% at its price on Sep 11, 2026, which is not a promise; the next one can differ.

### When does TCAL next pay a distribution?

TCAL pays monthly. The last distribution went ex on Aug 31, 2026 at $0.1739 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Sep 30, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.

### What does TCAL cost?

The prospectus expense ratio is 0.34% a year.


## Cite this page

ETFIQ, TCAL, data as of Sep 11, 2026. https://etfiq.com/funds/tcal
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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