Enhanced Investments - Financial Portal

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

Published: 2024-03-12 12:30:00 ET

BALTIMORE, March 12, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.51 trillion as of February 29, 2024. Preliminary net outflows for February 2024 were $2.0 billion.

The below table shows the firm's assets under management as of February 29, 2024, and for the prior month- and year-end by asset class and in the firm's target date retirement portfolios.

	As of
	Preliminary(a)
(in billions)	2/29/2024	1/31/2024	12/31/2023

Equity	$ 785	$ 747	$ 744
Fixed income, including money market	169	170	170
Multi-asset	504	486	483
Alternatives	48	47	48
Total assets under management	$ 1,506	$ 1,450	$ 1,445

Target date retirement products	$ 428	$ 411	$ 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 $1.51 trillion in assets under management as of February 29, 2024, and serves millions of clients globally. News and other updates can be found on Facebook, Instagram, LinkedIn, X, YouTube, and troweprice.com/newsroom.

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SOURCE T. Rowe Price Group

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.