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home / news releases / TROW - T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR SEPTEMBER 2023


TROW - T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR SEPTEMBER 2023

PR Newswire

BALTIMORE , Oct. 11, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.35 trillion as of September 30, 2023. Preliminary net outflows were $4.2 billion for September 2023 and $17.4 billion for the quarter-ended September 2023 .

The below table shows the firm's assets under management as of September 30, 2023, and for the prior month-, quarter-, and year-end by asset class and in the firm's target date retirement portfolios.



As of



Preliminary (a)







(in billions)


9/30/2023


8/31/2023


6/30/2023


12/31/2022










Equity


690


730


732


664

Fixed income, including money market


169


169


169


167

Multi-asset


440


457


453


400

Alternatives


47


46


45


44

Total assets under management


1,346


1,402


1,399


1,275










Target date retirement products


372


384


380


334

(a) Preliminary - subject to adjustment

T. Rowe Price will release Q3 2023 earnings on Friday, October 27, 2023 at 7:00 AM ET . The company will host an earnings call from 8:00 – 8:45 AM ET that day. To access the webcast and accompanying materials, visit the company's investor relations website at: investors.troweprice.com

Founded in 1937, Baltimore -based T. Rowe Price ( troweprice.com ) is a global investment management organization that provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The organization also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

SOURCE T. Rowe Price Associates, Inc.

Stock Information

Company Name: T. Rowe Price Group Inc.
Stock Symbol: TROW
Market: NASDAQ
Website: troweprice.com

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