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TMNL · T. Rowe Price Long Municipal Income ETF

Bond fundActively managed0.26% fee$23mSince Nov 20, 2025
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TMNL is actively managed and returned −2.3% since it listed on Nov 20, 2025.

−2.3%
Total return, 1 year
0.26%
Expense ratio
111
Holdings
−5.8%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026−5.7%+3.6%−9.3 pts−11.0 pts
6M Apr 2 – Oct 2, 2026−3.5%+17.9%−21.4 pts−31.9 pts
Since listing Nov 20, 2025 – Oct 2, 2026−2.3%+19.2%−21.5 pts−30.8 pts

TMNL over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

Head to head
Funds near this one
AGGBNDBNDXBONDBSVEDV

In plain words

TMNL is actively managed and tracks no index. The prospectus expense ratio is 0.26% a year. It sat 5.8% below its high of Jul 6, 2026 on Oct 2, 2026.
What it tracksNo index, actively managed
Fund typeBond fund
Category (ETFIQ)Bonds · Municipal, national, long
Expense ratio (485BPOS XBRL, Apr 24, 2026)0.26%
Price$47.24
Listed sinceNov 20, 2025
Net assets (SEC filing, whole fund, as filed for May 31, 2026)$23m
Below its high (ETFIQ)−5.8%
Holdings111
Top ten weight26.3%
Holdings as of (SEC N-PORT)May 31, 2026
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about TMNL

What does TMNL cost?
The prospectus expense ratio is 0.26% a year.
How far is TMNL below its high?
5.8% below its high of Jul 6, 2026, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, TMNL and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.26%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $23mSEC filing, whole fund · May 31, 2026
SourceHoldings filing (SEC Form N-PORT) ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, TMNL, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/tmnl

Free to use with attribution; the underlying files are at Open data.

T. Rowe Price: every fund ETFIQ covers→