T. Rowe Price (TROW) launched the T. Rowe Price Securitized Income ETF (TSCZ), a fully transparent, actively managed fixed income ETF that began trading on NYSE Arca on September 3, 2026.
TSCZ seeks high current income by investing across U.S. securitized credit sectors, including ABS, CMBS, CLOs, and non-agency RMBS, and has a total expense ratio of 0.20%. The fund is co-managed by Jean-Marc Breaux and Ramon de Castro, who bring 20 and over 30 years of investment experience, respectively. With this launch, T. Rowe Price's ETF lineup grows to 35 funds across fixed income, equities, multi-asset, digital assets, and thematic strategies. Separately, the firm has agreed to acquire F/m Investments, which at expected closing in early 2027 is anticipated to increase fixed income assets under management by nearly 9% and more than double its fixed income ETF assets under management.