Skip to main content
Loading market data...
ETF Nasdaq USD

T. Rowe Price Long Municipal Income ETF TMNL

Issuer: T. Rowe Price SEC registrant: T. Rowe Price Exchange-Traded Funds, Inc. Fixed income · US
Watch TMNL (sign in) Add to portfolio (TMNL) Set an alert for TMNL Compare TMNL with other ETFs Position size calculator for TMNL at 48.17 USD

How position sizing works
Last price 48.17 USD Change: Up +0.12 Percent change: Up +0.25%

Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed

Expense ratio
0.26%
Prospectus 1 May 2026
Net assets
$22.6M
As of 31 May 2026
Holdings
111
As of 31 May 2026
12-month distribution yield
3.69%
Monthly
Asset class
Fixed income
From holdings

T. Rowe Price Long Municipal Income ETF (TMNL) is an exchange-traded fund listed on the Nasdaq in the United States, issued by T. Rowe Price. Its category is Fixed income · US (fixed income). Its last price was US$48.17 on 20 Oct 2026. Its expense ratio is 0.26% a year, from its prospectus dated 1 May 2026. It reported net assets of US$22.59 million as of 31 May 2026. Its latest holdings report lists 111 holdings as of 31 May 2026. Over the last 12 months it paid distributions of US$1.78 a unit, a 12-month distribution yield of 3.69%, paid monthly.

General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Fees

Total annual operating expenses (gross)
0.26%
Net, after fee waivers or reimbursements
No waiver stated
Management fee
0.26%
Prospectus date
1 May 2026
Filed with the SEC
24 Apr 2026

Source: SEC prospectus risk/return data sets (opens in a new tab) Filed

Size and reporting

Net assets
$22,587,051
Total assets
$22,592,016
Holdings as of
31 May 2026
Report made public
28 Jul 2026 (58 days after the month end)

Net assets are for the whole fund series, which for some funds (Vanguard's, for example) also includes mutual fund share classes.

Source: SEC Form N-PORT (opens in a new tab) Filed

Top holdings

Largest 25 of 111 positions, as of 31 May 2026. Weight is the percent of net assets the fund reported.

TMNL top holdings as of 31 May 2026
# Holding Identifier Weight Value (USD) Type Country Currency
1 NEW YORK MUNI-AA-1 NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/55 FIXED 5.25 US64972GS390 4.68% $1.1M Debt United States USD
2 HENRICO CO ECO AUTH HENRICO CNTY VA ECON DEV AUTH HENMFH 12/45 ADJUSTABLE VAR US42605KAB26 3.34% $754K Debt United States USD
3 HARRIS CNTY TX TOLL REV FIRST LIEN SER A HARRIS CNTY TX TOLL ROAD REVEN HARTRN 08/49 FIXED OID 4 US41423PDY07 3.17% $717K Debt United States USD
4 UNIV OF NC CHAPEL-A UNIV OF NORTH CAROLINA NC AT C UNCHGR 12/55 FIXED 5 US914713W996 2.68% $606K Debt United States USD
5 NY TRANSITIONAL FIN-B NEW YORK CITY NY TRANSITIONAL NYCGEN 05/51 FIXED 5 US64972JXR49 2.30% $519K Debt United States USD
6 CHESAPEAKE BAY VA BRDG & TNL1ST TR AGM CHESAPEAKE BAY VA BRIDGE TUN CHBTRN 07/41 FIXED 5 US16514PAC32 2.22% $500K Debt United States USD
7 MD ST ECON PRPLE LINE LT RAIL SR BP3 AMT MARYLAND ST ECON DEV CORP PRIV MDSDEV 06/52 FIXED 5.25 US57422JBZ03 2.04% $461K Debt United States USD
8 NY TRANSPRTN DEV CORP AMT NEW YORK ST TRANSPRTN DEV CORP NYTTRN 06/59 FIXED 6 US650116JQ04 1.87% $421K Debt United States USD
9 DENVER CITY & CNTY CO ARPT REV SER A AMT DENVER CITY CNTY CO ARPT REV DENAPT 12/37 FIXED 5 US249182LT15 1.83% $412K Debt United States USD
10 SALT LAKE CITY UT ARPT REV AMT SER A SALT LAKE CITY UT ARPT REVENUE SALAPT 07/53 FIXED 5.25 US795576MD67 1.82% $410K Debt United States USD
11 NORTH CAROLINA ST TUR NORTH CAROLINA ST TURNPIKE AUT NCSTRN 01/39 FIXED OID 4 US65830RCJ68 1.78% $403K Debt United States USD
12 MD H&H ED FACS ADVENTIST HLTHCRE SER A MARYLAND ST HLTH HGR EDUCTNL MDSMED 01/46 FIXED 5.5 US574218T373 1.78% $403K Debt United States USD
13 NEW YORK ST MTGE AGY NEW YORK ST MTGE AGY REVENUE NYSHSG 10/30 FIXED 3.4 US64988RGM88 1.77% $399K Debt United States USD
14 VA SML BFA PRIV TRAN 66 P3 PROJ AMT VIRGINIA SMALL BUSINESS FING A VASDEV 12/56 FIXED 5 US928097AD68 1.62% $366K Debt United States USD
15 MD ST CMNTY HSG & CMTY DEV SER B MARYLAND ST CMNTY DEV ADMIN DE MDSDEV 09/51 FIXED 3 US57419TTP65 1.57% $355K Debt United States USD
16 AUSTIN TX ARPT SYS REV AMT AUSTIN TX ARPT SYS REVENUE AUSAPT 11/43 FIXED 5 US052398HU16 1.44% $325K Debt United States USD
17 MADISON IDA-A-REF MADISON CNTY VA INDL DEV AUTH MADDEV 10/46 FIXED OID 3 US557432AE19 1.38% $313K Debt United States USD
18 CA STATEWIDE DEV-C-1 CALIFORNIA ST STWD CMNTYS DEV CASDEV 09/40 FIXED 5 US13078YXQ33 1.38% $311K Debt United States USD
19 SAVANNAH-A-REF SAVANNAH GA HOSP AUTH SAVMED 07/36 FIXED 4 US804833FB26 1.33% $300K Debt United States USD
20 PR COMWLTH CVI-SUBSER CW HTA 98 TXBL PUERTO RICO CMWLTH PRC 11/51 ADJUSTABLE VAR US74514L4C84 1.30% $294K Debt Puerto Rico USD
21 PA ECON DEV FING AMT PENNSYLVANIA ST ECON DEV FING PASDEV 12/38 FIXED OID 4.125 US70869PHW05 1.28% $289K Debt United States USD
22 BATTERY PARK-REF BATTERY PARK CITY NY AUTH BTYGEN 11/46 FIXED 5 US07133AKN18 1.21% $274K Debt United States USD
23 CA CMTY CHOICE AUTH PROJ SER F CALIFORNIA CMNTY CHOICE FING A CCEDEV 10/54 ADJUSTABLE VAR US13013JDD54 1.20% $272K Debt United States USD
24 MAIN STREET NAT GAS INC REV SER A MAIN STREET NATURAL GAS INC GA MAIUTL 05/54 ADJUSTABLE VAR US56035DGT37 1.19% $268K Debt United States USD
25 SAVANNAH GEORGIA-A SAVANNAH GEORGIA CONVENTION CT SGCFAC 06/40 FIXED 5.25 US804828AA94 1.18% $268K Debt United States USD

Source: SEC Form N-PORT (opens in a new tab) Made public Holdings as of 31 May 2026

All 111 stored holdings

Breakdowns

Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.

Asset type

Asset type by weight
TypeWeightBar
Debt 98.41%

Country

Country by weight
CountryWeightBar
United States 94.14%
Puerto Rico 4.27%

The country each issuer is assigned to in the report.

Currency exposure

Currency exposure by weight
CurrencyWeightBar
US dollar (USD) 98.41%

The currency each holding is denominated in. Currency hedges are not netted off, so a hedged fund still shows its holdings' currencies.

Sector

No sector data

None of this fund's holdings matched a stock listed on this site, so no sector is shown.

Partial coverage: sectors are known for 0.0% of net assets, the holdings matched by CUSIP or ticker to US stocks listed on this site. The rest is not assigned a sector.

Source: SEC Form N-PORT (opens in a new tab) Holdings as of

Distributions

Paid in the last 12 months
$1.7790
10 payments per unit
12-month yield
3.69%
Distributions only, not total return
Frequency
Monthly
From the gaps between ex-dates
Latest ex-date
25 Sep 2026

12-month yield = distributions per unit with an ex-date in the last 12 months ($1.7790) ÷ latest price ($48.17) × 100 = 3.69%. It looks back, so it is not a forecast; special distributions in the window are included.

Why a distribution yield is not the fund's return: yield vs total return

Distribution history table (10 payments)
TMNL distributions per unit by ex-date
Ex-dateAmount per unit
25 Sep 2026$0.1780
26 Aug 2026$0.1790
28 Jul 2026$0.1770
25 Jun 2026$0.1770
26 May 2026$0.1760
27 Apr 2026$0.1760
26 Mar 2026$0.1760
24 Feb 2026$0.1770
27 Jan 2026$0.1700
23 Dec 2025$0.1930

Source: Yahoo Finance (opens in a new tab) Checked · 2 days ago Amounts are adjusted for later unit splits

Filings and sources

Compare with

Largest funds in the same category:

Up to four symbols separated by commas. ASX funds end in .AX, for example IVV.AX.

How ETF overlap is measured, with a worked example

IMPORTANT FINANCIAL DISCLAIMER: The information provided on this platform is for educational and informational purposes only and should not be construed as investment advice. All investments involve risk, including potential loss of principal. Past performance does not guarantee future results. Take Profits is not a registered investment advisor and does not provide personalized investment advice. Users should conduct their own research and consult with qualified financial professionals before making investment decisions. Market data may be delayed and is provided by third-party sources.

Catalyst evidence

Loading…

Loading evidence…

Supporting sources
    Skip to main content

    All resources and tools

    Market ticker

    Markets

    Research

    Tools

    My investments

    Account

    Region and currency

    Region and currency: automatic

    Prices stay in each listing's own currency. Your currency is used for totals and for "≈" estimates at the daily reference rate. How this works

    Colour theme