T. Rowe Price Total Return ETF is an exchange traded fund launched and managed by T. Rowe Price Associates, Inc. The fund invests in fixed income markets of the United States. It invests directly and through derivatives in debt instruments issued by the U.S. government and its agencies, corporate bonds, bank loans, and various types of mortgage-backed and asset-backed securities of varying maturities. The investment seeks to maximize total return through income and, secondarily, capital appreciation. T. Rowe Price Total Return ETF is domiciled in the United States.