# EDGAR Filing Document

**Accession Number:** 0001795351
**File Stem:** 0001999371-26-011732
**Filing Date:** 2026-6
**Character Count:** 4500
**Document Hash:** c672e0519a63a7bd4293c11f25d94a54
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-011732.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0001999371-26-011732

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**EFFECTIVENESS DATE**: 20260601

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Exchange-Traded Funds, Inc.
- **CENTRAL INDEX KEY:** 0001795351

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-235450
- **FILM NUMBER:** 261047418

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price High Yield Fund, Inc.
- **CENTRAL INDEX KEY:** 0000754915

**ORGANIZATION NAME:**
- **EIN:** 521371712
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-93707
- **FILM NUMBER:** 261047419

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE HIGH YIELD FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### T. Rowe Price U.S. High Yield Fund (Series ID: S000057617)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                       | Ticker Symbol | Class ID   |
| T. Rowe Price U.S. High Yield Fund               | TUHYX         | C000183992 |
| T. Rowe Price U.S. High Yield Fund-Advisor Class | TUHAX         | C000183993 |
| T. Rowe Price U.S. High Yield Fund-I Class       | TUHIX         | C000183994 |

---

### T. Rowe Price U.S. High Yield ETF (Series ID: S000077051)

---

|  |  |  |
|:---|:---|:---|
| Class Name                        | Ticker Symbol | Class ID   |
| T. Rowe Price U.S. High Yield ETF | THYF          | C000237191 |

---

## Series and Classes Contracts Data

### T. Rowe Price U.S. High Yield Fund (Series ID: S000057617)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000183992 | T. Rowe Price U.S. High Yield Fund               | TUHYX           |
| C000183993 | T. Rowe Price U.S. High Yield Fund-Advisor Class | TUHAX           |
| C000183994 | T. Rowe Price U.S. High Yield Fund-I Class       | TUHIX           |

### T. Rowe Price U.S. High Yield ETF (Series ID: S000077051)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000237191 | T. Rowe Price U.S. High Yield ETF | THYF            |

**T. Rowe Price U.S. High Yield ETF**

**T. Rowe Price U.S. High Yield Fund**

Supplement to Prospectuses and Summary Prospectuses dated August 1, 2025

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In the Summary Prospectus and Section 1 of the Prospectus, the disclosure under "Management" is supplemented as follows:

Effective immediately, Douglas Zinser will join Kevin Loome as the fund's co-portfolio manager and cochair of the fund's Investment Advisory Committee. Effective December 31, 2026, Mr. Loome will step down from his role on the fund and Mr. Zinser will become the fund's sole portfolio manager and sole chair of the fund's Investment Advisory Committee. Mr. Zinser joined T. Rowe Price in 2017.

In Section 2 of the Prospectus, the disclosure under "Portfolio Management" is supplemented as follows:

Effective immediately, Douglas Zinser will join Kevin Loome as the fund's co-portfolio manager and cochair of the fund's Investment Advisory Committee. Effective December 31, 2026, Mr. Loome will step down from his role on the fund and Mr. Zinser will become the fund's sole portfolio manager and sole chair of the fund's Investment Advisory Committee. Mr. Zinser joined the Firm in 2017, and his investment experience dates from 1998. During the past five years, he has served as a high yield credit analyst and as team lead in the Fixed Income Division of Price Investment Management (beginning in 2024).

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The date of this supplement is June 1, 2026.

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G76-041 6/1/26