T. Rowe Price Debuts Active Securitized Income ETF (TSCZ)

T. Rowe Price has launched the Securitized Income ETF (TSCZ), an actively managed fund focused primarily on U.S. investment-grade securitized debt, with flexibility to invest in developed markets. The portfolio has no maturity restrictions, allowing duration to shift with interest-rate expectations. TSCZ can use the TBA mortgage market, short sales and derivatives, including futures, swaps and FX instruments, to manage credit, duration, currency and inflation risks, gain market exposure and pursue additional returns.