TDVG – T. Rowe Price Dividend Growth ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks dividend income and long-term capital growth. The fund normally invests at least 80% of its assets in stocks that have a strong track record of paying dividends or are expected to pay dividends over time (even if not currently paying dividends) (or futures that have similar economic characteristics). It primarily invests in exchange-traded securities that trade synchronously with the fund's shares, cash, and cash equivalents. The fund may also invest in ADRs and common stocks listed on a foreign exchange that trade on such exchange synchronously with the fund's shares (i.e., during the U.S. listing exchange's trading hours).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TDVG	T. Rowe Price Dividend Growth ETF	ETF	Open			Aug 4, 2020	$1.29B	0.500%	—	—	$166.36M

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