# T.Rowe Price Small-Mid Cap ETF (TMSL) — Overview

TMSL · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/tmsl

## Price

Last close $41.00 on Oct 15, 2026. 52-week range $33.50 – $44.77.

## Fund profile

TMSL is an actively managed fund that invests in US small- and mid-cap companies with either growth or value characteristics. Holdings are based on several factors and bottom-up stock selection.

| Metric | Value |
| --- | --- |
| Issuer | T. Rowe Price Associates, Inc. |
| Industry | — |
| Inception | Jun 14, 2023 |
| Assets under management | $3.0B |
| Expense ratio | 0.55% |
| Net asset value | $40.35 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is T.Rowe Price Small-Mid Cap ETF (TMSL)?

TMSL is an actively managed fund that invests in US small- and mid-cap companies with either growth or value characteristics. Holdings are based on several factors and bottom-up stock selection.

### What is TMSL's expense ratio?

T.Rowe Price Small-Mid Cap ETF charges an annual expense ratio of 0.55%. The fund is issued by T. Rowe Price Associates, Inc..

### How large is TMSL?

T.Rowe Price Small-Mid Cap ETF manages $3.0B in assets and has traded since Jun 14, 2023.

### How do I buy shares of T.Rowe Price Small-Mid Cap ETF (TMSL)?

TMSL trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).