X0404 N-CEN LIVE 0001795351 XXXXXXXX false false N-1A S000077051 C000237191 S000077050 C000237190 S000072798 C000229339 S000072799 C000229340 T. Rowe Price Exchange-Traded Funds, Inc. 811-23494 0001795351 549300XZPUK24E1UMH17 100 East Pratt Street Baltimore 21202 US-MD US 410-345-2000 State Street Bank and Trust Company One Iron St Boston 02110 617-662-0670 Custodian records for the Registrant; Transfer agent and dividend disbursing agent records, and Fund accounting records T. Rowe Price Associates, Inc. 100 East Pratt Street Baltimore 21202 410-345-2000 Investment Advisor records T. Rowe Price Exchange-Traded Fund, Inc. 100 East Pratt Street Baltimore 21202 410-345-2000 All accounts, books, and other documents required to be maintained by the Registrant under Section 31(a) of the Investment Company Act of 1940 and the rules thereunder. T. Rowe Price Investment Services, Inc. 100 East Pratt Street Baltimore 21202 410-345-2000 Underwriter records N N N-1A 15 Y Bruce W. Duncan N/A N David Oestreicher 004594569 Y Eric L. Veiel 003269676 Y Kellye L. Walker N/A N Mark J. Parrell N/A N Melody Bianchetto N/A N Paul F. McBride N/A N Robert J. Gerrard, Jr. N/A N Teresa Bryce Bazemore N/A N Arlene Klein 002281295 100 East Pratt Street Baltimore 21202 XXXXXX Y N N N N N T. Rowe Price Investment Services, Inc. 008-25130 000008348 N/A Y N PricewaterhouseCoopers LLP 238 5493002GVO7EO8RNNS37 N N N N N N N T. Rowe Price U.S. High Yield ETF S000077051 549300BA4BIBITWKOB05 N 0 0 0 Exchange-Traded Fund N N Y N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 6c-11 (17 CFR 270.6c-11) Rule 18f-4 (17 CFR 270.18f-4) Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4)) N N N N T. Rowe Price Associates, Inc. 801-00856 000105496 7HTL8AEQSEDX602FBU63 N T. Rowe Price Investment Management, Inc. 801-121434 000314590 549300JB5MWIPVHMEH37 Y N State Stree Bank and Trust Company 085-05003 571474TGEMMWANRLN572 N N N Bloomberg Finance L.P. 5493001KJTIIGC8Y1R12 N ICE Data Services, Inc. 13-3668779 Tax ID Number N London Stock Exchange Group PLC 213800QAUUUP6I445N30 GB N S&P Global Inc. Y6X4K52KMJMZE7I7MY94 GB N N Euroclear Bank 549300OZ46BRLZ8Y6F65 BE N Y Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) Royal Bank of Canada ES7IP3U3RHIGC71XBU11 CA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N State Street Bank and Trust Company 571474TGEMMWANRLN572 N/A N N N T. Rowe Price Associates, Inc. 7HTL8AEQSEDX602FBU63 N/A Y N N T. Rowe Price Investment Services, Inc. 008-25130 000008348 N/A 0.00 0.00 BARCLAYS CAPITAL INC. 008-41342 000019714 AC28XWWI3WIBK2824319 6292184.00 BOFA SECURITIES, INC. 008-69787 000283942 549300HN4UKV1E2R3U73 8690884.00 Citigroup Inc. N/A N/A 6SHGI4ZSSLCXXQSBB395 8204539.00 GOLDMAN SACHS & CO. LLC 008-00129 000000361 FOR8UP27PHTHYVLBNG30 12144154.00 J.P. MORGAN SECURITIES LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 6913670.00 JEFFERIES LLC 008-15074 000002347 58PU97L1C0WSRCWADL48 6558025.00 Jane Street Execution Services, LLC 008-69254 000167280 549300HXJLXCPDWAH070 4424971.00 MORGAN STANLEY & CO. LLC 008-15869 000008209 9R7GPTSO7KV3UQJZQ078 14983244.00 UBS AG N/A N/A BFM8T61CT2L1QCEMIK50 CH 2533665.00 WELLS FARGO SECURITIES, LLC 008-65876 000126292 VYVVCKR63DVZZN70PB21 6771054.00 93185690.00 N 39595077.00 N N N T. Rowe Price Floating Rate ETF S000077050 5493005Y3VRUR59CUG92 N 0 0 0 Exchange-Traded Fund N N Y N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 6c-11 (17 CFR 270.6c-11) Rule 18f-4 (17 CFR 270.18f-4) Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4)) Rule 18f-4(e) (17 CFR 270.18f-4(e)) Rule 18f-4(f)(17 CFR 270.18f-4(f)) N N N N T. Rowe Price Associates, Inc. 801-00856 000105496 7HTL8AEQSEDX602FBU63 N State Stree Bank and Trust Company 085-05003 571474TGEMMWANRLN572 N N N Bloomberg Finance L.P. 5493001KJTIIGC8Y1R12 N ICE Data Services, Inc. 13-3668779 Tax ID Number N London Stock Exchange Group PLC 213800QAUUUP6I445N30 GB N S&P Global Inc. Y6X4K52KMJMZE7I7MY94 GB N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N State Street Bank and Trust Company 571474TGEMMWANRLN572 N/A N N N T. Rowe Price Associates, Inc. 7HTL8AEQSEDX602FBU63 N/A Y N N T. Rowe Price Investment Services, Inc. 008-25130 000008348 N/A 0.00 0.00 BARCLAYS CAPITAL INC. 008-41342 000019714 AC28XWWI3WIBK2824319 14242539.00 BOFA SECURITIES, INC. 008-69787 000283942 549300HN4UKV1E2R3U73 28808717.00 Citigroup Inc. N/A N/A 6SHGI4ZSSLCXXQSBB395 9893422.00 Deutsche Bank Securities Inc. 008-17822 000002525 9J6MBOOO7BECTDTUZW19 6836879.00 GOLDMAN SACHS & CO. LLC 008-00129 000000361 FOR8UP27PHTHYVLBNG30 15229203.00 J.P. MORGAN SECURITIES LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 30705834.00 JEFFERIES LLC 008-15074 000002347 58PU97L1C0WSRCWADL48 14864343.00 MORGAN STANLEY & CO. LLC 008-15869 000008209 9R7GPTSO7KV3UQJZQ078 14807569.00 RBC Capital Markets, LLC 008-45411 000031194 549300LCO2FLSSVFFR64 8456037.00 UBS AG N/A N/A BFM8T61CT2L1QCEMIK50 CH 7711677.00 184280991.00 N 101521087.00 Committed 1150000000.00 N N N T. Rowe Price Total Return ETF S000072798 549300YYO0GDGZ739W96 N 0 0 0 Exchange-Traded Fund N N Y N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Revenue sharing split Other Rebate 2162133.00 9798.00 Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 6c-11 (17 CFR 270.6c-11) Rule 18f-4 (17 CFR 270.18f-4) Rule 18f-4(e) (17 CFR 270.18f-4(e)) Rule 18f-4(f)(17 CFR 270.18f-4(f)) N N N N T. Rowe Price Associates, Inc. 801-00856 000105496 7HTL8AEQSEDX602FBU63 N T. Rowe Price Hong Kong Limited 801-72035 000155827 549300J2AF74HTUGWG28 Y HK N T. Rowe Price International Ltd 801-61894 000126032 FAJ59K74IZRGQOSHUS25 Y GB N State Stree Bank and Trust Company 085-05003 571474TGEMMWANRLN572 N N N Bloomberg Finance L.P. 5493001KJTIIGC8Y1R12 N ICE Data Services, Inc. 13-3668779 Tax ID Number N London Stock Exchange Group PLC 213800QAUUUP6I445N30 GB N S&P Global Inc. Y6X4K52KMJMZE7I7MY94 GB N N Banco Nacional de Mexico, S.A., Integrante del Grupo Financiero Banamex 2SFFM4FUIE05S37WFU55 MX N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Bank Hapoalim B.M. B6ARUI4946ST4S7WOU88 IL N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Citibank, National Association (Sao Paulo, Sao Paulo, BR, Branch) E57ODZWZ7FF32TWEFA76 BR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Cititrust Colombia S A Sociedad Fiduciaria 549300242J3IJCOSGI49 CO N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Euroclear Bank 549300OZ46BRLZ8Y6F65 BE N Y Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) Mizuho Bank, Ltd. RB0PEZSDGCO3JS6CEU02 JP N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) State Street Trust Company Canada 549300L71XG2CTQ2V827 CA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Hongkong and Shanghai Banking Corporation Limited (Auckland, Auckland, NZ, Branch) 2HI3YI5320L3RW6NJ957 NZ N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) N State Street Bank and Trust Company 571474TGEMMWANRLN572 N/A N N N T. Rowe Price Associates, Inc. 7HTL8AEQSEDX602FBU63 N/A Y N N T. Rowe Price Investment Services, Inc. 008-25130 000008348 N/A 0.00 BOFA SECURITIES, INC. 008-69787 000283942 549300HN4UKV1E2R3U73 6710.00 CITADEL SECURITIES INSTITUTIONAL LLC 008-69663 000281102 549300MLQ1S3715IUK04 323.00 Citigroup Inc. N/A N/A 6SHGI4ZSSLCXXQSBB395 2520.00 Cowen and Company, LLC 008-22522 000007616 549300WR155U7DVMIW58 1.00 GOLDMAN SACHS & CO. LLC 008-00129 000000361 FOR8UP27PHTHYVLBNG30 2371.00 J.P. MORGAN SECURITIES LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 2050.00 JEFFERIES LLC 008-15074 000002347 58PU97L1C0WSRCWADL48 2.00 Jane Street Execution Services, LLC 008-69254 000167280 549300HXJLXCPDWAH070 1350.00 MORGAN STANLEY & CO. LLC 008-15869 000008209 9R7GPTSO7KV3UQJZQ078 1582.00 Virtu ITG Hong Kong Limited N/A N/A 54930088A108K3K5M708 HK 8.00 16916.00 BARCLAYS CAPITAL INC. 008-41342 000019714 AC28XWWI3WIBK2824319 40993542.00 BMO Capital Markets Corp. N/A N/A NQQ6HPCNCCU6TUTQYE16 CA 15634256.00 BNP PARIBAS N/A N/A R0MUWSFPU8MPRO8K5P83 FR 21636824.00 BOFA SECURITIES, INC. 008-69787 000283942 549300HN4UKV1E2R3U73 22928783.00 Citigroup Inc. N/A N/A 6SHGI4ZSSLCXXQSBB395 82353262.00 GOLDMAN SACHS & CO. LLC 008-00129 000000361 FOR8UP27PHTHYVLBNG30 76687158.00 J.P. MORGAN SECURITIES LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 52765626.00 MORGAN STANLEY & CO. LLC 008-15869 000008209 9R7GPTSO7KV3UQJZQ078 84440482.00 Nomura International PLC N/A N/A DGQCSV2PHVF7I2743539 GB 41102806.00 WELLS FARGO SECURITIES, LLC 008-65876 000126292 VYVVCKR63DVZZN70PB21 83097381.00 614497259.00 N 96905049.00 N N N T. Rowe Price Ultra Short-Term Bond ETF S000072799 549300XEFO03D2YJGG72 N 0 0 0 Exchange-Traded Fund N N Y N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Revenue sharing split Other Rebate 1040958.00 2386.00 Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 6c-11 (17 CFR 270.6c-11) Rule 18f-4 (17 CFR 270.18f-4) N N N N T. Rowe Price Associates, Inc. 801-00856 000105496 7HTL8AEQSEDX602FBU63 N T. Rowe Price Hong Kong Limited 801-72035 000155827 549300J2AF74HTUGWG28 Y HK N T. Rowe Price International Ltd 801-61894 000126032 FAJ59K74IZRGQOSHUS25 Y GB N State Stree Bank and Trust Company 085-05003 571474TGEMMWANRLN572 N N N Bloomberg Finance L.P. 5493001KJTIIGC8Y1R12 N ICE Data Services, Inc. 13-3668779 Tax ID Number N London Stock Exchange Group PLC 213800QAUUUP6I445N30 GB N S&P Global Inc. Y6X4K52KMJMZE7I7MY94 GB N N Euroclear Bank 549300OZ46BRLZ8Y6F65 BE N Y Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) Mizuho Bank, Ltd. RB0PEZSDGCO3JS6CEU02 JP N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N State Street Bank and Trust Company 571474TGEMMWANRLN572 N/A N N N T. Rowe Price Associates, Inc. 7HTL8AEQSEDX602FBU63 N/A Y N N T. Rowe Price Investment Services, Inc. 008-25130 000008348 N/A 0.00 BOFA SECURITIES, INC. 008-69787 000283942 549300HN4UKV1E2R3U73 620.00 Citigroup Inc. N/A N/A 6SHGI4ZSSLCXXQSBB395 1189.00 GOLDMAN SACHS & CO. LLC 008-00129 000000361 FOR8UP27PHTHYVLBNG30 1217.00 J.P. MORGAN SECURITIES LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 263.00 MORGAN STANLEY & CO. LLC 008-15869 000008209 9R7GPTSO7KV3UQJZQ078 300.00 3589.00 BARCLAYS CAPITAL INC. 008-41342 000019714 AC28XWWI3WIBK2824319 110914371.00 BOFA SECURITIES, INC. 008-69787 000283942 549300HN4UKV1E2R3U73 144273098.00 Citigroup Inc. N/A N/A 6SHGI4ZSSLCXXQSBB395 98234725.00 GOLDMAN SACHS & CO. LLC 008-00129 000000361 FOR8UP27PHTHYVLBNG30 37482717.00 J.P. MORGAN SECURITIES LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 111875574.00 MIZUHO SECURITIES USA LLC 008-37710 000019647 7TK5RJIZDFROZCA6XF66 194864528.00 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. N/A N/A O7YCEUWQXFIO1CHULC69 JP 49290556.00 RBC Capital Markets, LLC 008-45411 000031194 549300LCO2FLSSVFFR64 36893555.00 Truist Securities, Inc. 008-17212 000006271 CSVTK36R0PNGXEM7NS14 39755555.00 WELLS FARGO SECURITIES, LLC 008-65876 000126292 VYVVCKR63DVZZN70PB21 74511489.00 1035046570.00 N 112903110.00 N N N T. Rowe Price U.S. High Yield ETF S000077051 N 25000.00 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100.00 0.485714 0.00 100.00 0.485714 N/A N/A N/A N/A N/A N/A N T. Rowe Price Floating Rate ETF S000077050 N 25000.00 100.00 0.00 0.00 0.00 100.00 0.00 0.00 0.00 0.00 100.00 0.46129 0.00 100.00 0.46129 0.00 100.00 0.00 0.00 100.00 0.00 N T. Rowe Price Total Return ETF S000072798 N 25000.00 100.00 0.00 0.00 0.00 100.00 0.00 0.00 0.00 0.00 100.00 0.14 0.00 100.00 0.14 0.00 100.00 0.00 0.00 100.00 0.00 N T. Rowe Price Ultra Short-Term Bond ETF S000072799 N 25000.00 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100.00 0.04 0.00 100.00 0.04 N/A N/A N/A N/A N/A N/A N true