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

Published

BALTIMORE, Dec. 12, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.39 trillion as of November 30, 2023. Preliminary net outflows for November 2023 were $12.6 billion.

The below table shows the firm's assets under management as of November 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)

11/30/2023

10/31/2023

9/30/2023

12/31/2022

 Equity

$            717

$           668

$            690

$            664

 Fixed income, including money market

168

168

169

167

 Multi-asset

462

429

440

400

 Alternatives

47

47

47

44

Total assets under management

$         1,394

$        1,312

$         1,346

$         1,275

Target date retirement products

$            391

$           364

$            372

$            334

(a) Preliminary - subject to adjustment

About T. Rowe Price

Founded in 1937, T. Rowe Price (NASDAQ - GS: TROW) helps people 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. Investors rely on the award-winning firm for its retirement expertise and active management approach of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price manages $1.39 trillion in assets under management as of November 30, 2023, and serves millions of clients globally. News and other updates can be found on FacebookInstagram, LinkedIn, X, YouTube, and troweprice.com/newsroom.

T. ROWE PRICE CONTACTS:

Public Relations

Investor Relations

Jamaal Mobley

Linsley Carruth

410-345-3403

410-345-3717

jamaal.mobley@troweprice.com

linsley.carruth@troweprice.com

 

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SOURCE T. Rowe Price Associates, Inc.; T. Rowe Price Group, Inc.

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