TROW - T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR MAY 2024

June, 12 2024 08:30 AM T. Rowe Price Group Inc.

PR Newswire

BALTIMORE , June 12, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1 .54 trillion as of May 31, 2024. Preliminary net inflows for May 2024 were $6.7 billion , including a large institutional fixed income inflow.

The below table shows the firm's assets under management as of May 31, 2024 , 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)

5/31/2024

4/30/2024

3/31/2024

12/31/2023









Equity

790

762

803

744
Fixed income, including money market

180

169

171

170
Multi-asset

524

506

520

483
Alternatives

48

48

48

48
Total assets under management

1,542

1,485

1,542

1,445
Target date retirement products

447

432

443

408

(a) Preliminary - subject to adjustment

About T. Rowe Price

Founded in 1937, T. Rowe Price (NASDAQ – GS: TROW) helps individuals and institutions around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Clients rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price has $1.54 trillion in assets under management as of May 31, 2024, and serves millions of clients globally. News and other updates can be found on Facebook , Instagram , LinkedIn , X , YouTube , and troweprice.com/newsroom .

SOURCE T. Rowe Price Group

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

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