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T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For September 2017

October 11, 2017

BALTIMORE, Oct. 11, 2017 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $948 billion as of September 30, 2017. Client transfers from mutual funds to other portfolios were $2.9 billion and $8.1 billion for the month- and quarter-ended September 30, 2017, respectively.

The firm's assets under management as of September 30, 2017, and for prior month, quarter, and year-end, by investment vehicle, asset class, and in the firm's target date retirement portfolios are as follows:

As of

Preliminary(a)





(in billions)

9/30/2017

8/31/2017

6/30/2017

12/31/2016

Sponsored U.S. mutual funds







 Stock and blended asset

$

462

$

455

$

446

$

401

 Bond and money market

123

124

121

113


585

579

567

514

Other investment portfolios







 Stock and blended asset

273

267

254

221

 Bond, money market, and stable value

90

88

83

76


363

355

337

297

Total assets under management

$

948

$

934

$

904

$

811

Target date retirement portfolios

$

223

$

220

$

214

$

189

(a) Preliminary - subject to adjustment

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.

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SOURCE T. Rowe Price Group, Inc.

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