# TMNL (T. Rowe Price Long Municipal Income ETF)

T. Rowe Price · Bond ETFs · Municipal, national, long · data as of Oct 2, 2026

TMNL is actively managed and returned −2.3% since it listed on Nov 20, 2025.

## Key facts

- TMNL, total return, 1 year: −2.3%, as of Oct 2, 2026.
- TMNL, expense ratio: 0.26%, as of Oct 2, 2026.
- TMNL, holdings: 111, as of Oct 2, 2026.
- TMNL, below its high: −5.8%, as of Oct 2, 2026.
- TMNL, net assets: $23m (SEC filing, whole fund, as filed for May 31, 2026).

## TMNL over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −5.7% | +3.6% | −9.3 pts | −11.0 pts |
| 6 months | −3.5% | +17.9% | −21.4 pts | −31.9 pts |
| Since listing | −2.3% | +19.2% | −21.5 pts | −30.8 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Bond fund | ETFIQ |
| Category | Bonds · Municipal, national, long | ETFIQ |
| Expense ratio | 0.26% | 485BPOS XBRL, Apr 24, 2026 |
| Price | $47.24 | ETFIQ |
| Listed since | Nov 20, 2025 | ETFIQ |
| Net assets | $23m | SEC filing, whole fund, as filed for May 31, 2026 |
| Below its high | −5.8% | ETFIQ |
| Holdings | 111 | ETFIQ |
| Top ten weight | 26.3% | ETFIQ |
| Holdings as of | May 31, 2026 | SEC N-PORT |

## Questions

### 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.


## Cite this page

ETFIQ, TMNL, data as of Oct 2, 2026. https://etfiq.com/funds/tmnl
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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