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T. Rowe Price Ultra Short-Term Bond ETF (TBUX)

Ultrashort Bond | Exchange Traded Fund | NYSEArca
49.78 USD -0.01 (-0.020%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 49.77 -0.01 (-0.010%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 3:38 a.m. EDT

This ultra-short-term bond fund offers a compelling income floor in a volatile environment, delivering a robust 4.32% yield that significantly outpaces typical inflation rates. The recent price action confirms stability, with the share price trading in a tight range between $49.61 and $50.14 over the last year, effectively acting as a defensive anchor against equity volatility. While the statistical forecasting model indicates a very high-confidence, albeit negligible, upward drift over the next 45 days, this metric reflects short-term noise rather than a transformative business shift. For investors seeking capital preservation and steady cash flow without the duration risk of long-duration bonds, this instrument serves as a reliable tactical holding, though it lacks the explosive growth potential required for a top-tier long-term compounder.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.000848
AutoTheta0.001135
AutoETS0.001190
MSTL0.001263

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 89%
H-stat 2.08
Ljung-Box p 0.000
Jarque-Bera p 0.360
Excess Kurtosis -0.72
Attribute Value
Trailing P/E 34.19

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.35% 4.39% 4.79%
Dividend History
Date Dividend Yield %
2026-08-26 0.172 0.345520
2026-07-28 0.178 0.357933
2026-06-25 0.174 0.349678
2026-05-26 0.176 0.353698
2026-04-27 0.178 0.357717
2026-03-26 0.172 0.346355
2026-02-24 0.166 0.333066
2026-01-27 0.174 0.349187
2025-12-23 0.237 0.476190
2025-11-24 0.185 0.371561
2025-10-28 0.183 0.367175
2025-09-25 0.189 0.379587
2025-08-26 0.189 0.379518
2025-07-28 0.192 0.386318
2025-06-25 0.192 0.386318
2025-05-27 0.192 0.386941
2025-04-25 0.189 0.381125
2025-03-26 0.192 0.386941
2025-02-25 0.191 0.384615
2025-01-28 0.197 0.397426
2024-12-23 0.299 0.603796
2024-11-25 0.213 0.428399
2024-10-28 0.202 0.406930
2024-09-25 0.220 0.441945
2024-08-27 0.218 0.439074
2024-07-26 0.235 0.474556
2024-06-25 0.223 0.451600
2024-05-24 0.201 0.406718
2024-04-24 0.213 0.432575
2024-03-22 0.209 0.423978
2024-02-23 0.216 0.438846
2024-01-25 0.222 0.450661
2023-12-22 0.295 0.600533
2023-11-24 0.219 0.447395
2023-10-25 0.219 0.448587
2023-08-25 0.213 0.436207
2023-07-25 0.137 0.280824
2023-06-26 0.184 0.377979
2023-05-24 0.176 0.361917
2023-04-24 0.170 0.349327
2023-03-27 0.166 0.341676
2023-02-22 0.161 0.331378
2023-01-25 0.142 0.292031
2022-12-23 0.371 0.766608
2022-11-23 0.127 0.262153
2022-10-25 0.140 0.289316
2022-09-26 0.111 0.228489
2022-08-25 0.091 0.186724
2022-07-25 0.066 0.135624
2022-06-24 0.179 0.367594
2022-05-24 0.049 0.099898
2022-04-25 0.040 0.081400
2022-03-25 0.041 0.083274
2022-02-22 0.029 0.058527
2022-01-25 0.007 0.014082
2021-12-27 0.083 0.166767
2021-11-23 0.031 0.062137
2021-10-25 0.020 0.040028
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 4.32

Info Dump

Attribute Value
All Time High 50.29
All Time Low 48.23
Ask 49.79
Ask Size 1,400
Average Daily Volume10 Day 334,150
Average Daily Volume3 Month 266,569
Average Volume 266,569
Average Volume10Days 334,150
Beta3 Year 0.07
Bid 49.78
Bid Size 4,100
Category Ultrashort Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 49.7999
Day Low 49.78
Dividend Yield 4.32
Eps Trailing Twelve Months 1.455915
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 49.84726
Fifty Day Average Change -0.06726074
Fifty Day Average Change Percent -0.0013493368
Fifty Two Week Change Percent -0.04016161
Fifty Two Week High 50.14
Fifty Two Week High Change -0.3600006
Fifty Two Week High Change Percent -0.0071799085
Fifty Two Week Low 49.61
Fifty Two Week Low Change 0.16999817
Fifty Two Week Low Change Percent 0.0034266915
Fifty Two Week Range 49.61 - 50.14
First Trade Date Milliseconds 1,632,922,200,000
Full Exchange Name NYSEArca
Fullday Change -0.0100021
Fullday Change Percent -0.0200886
Fullday Price 49.7703
Fund Family T. Rowe Price
Fund Inception Date 1,632,787,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in bonds. The fund invests in a diversified portfolio of shorter-term investment-grade fixed income securities, including corporate, government, mortgage- and asset-backed securities, municipal securities, money market securities and bank obligations, and securities of foreign issuers.
Long Name T. Rowe Price Ultra Short-Term Bond ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_717735706
Nav Price 49.74
Net Assets 1,304,227,840.0
Net Expense Ratio 0.17
Open 49.79
Phone 410-345-2000
Post Market Change -0.00969696
Post Market Change Percent -0.019479632
Post Market Price 49.7703
Post Market Time 1,787,959,806
Previous Close 49.79
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.0100021
Regular Market Change Percent -0.0200886
Regular Market Day High 49.7999
Regular Market Day Low 49.78
Regular Market Day Range 49.78 - 49.7999
Regular Market Open 49.79
Regular Market Previous Close 49.79
Regular Market Price 49.78
Regular Market Time 1,787,947,200
Regular Market Volume 241,490
Short Name T. Rowe Price Ultra Short-Term
Source Interval 15
Symbol TBUX
Three Year Average Return 0.057340696
Total Assets 1,304,227,840
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 34.191555
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.04493
Trailing Three Month Returns 1.04493
Triggerable 1
Two Hundred Day Average 49.861366
Two Hundred Day Average Change -0.08136749
Two Hundred Day Average Change Percent -0.0016318745
Type Disp ETF
Volume 241,490
Yield 0.0432
Ytd Return 2.33133