T. Rowe Price Group, Inc.
Sep 13, 2017

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

BALTIMORE, Sept. 13, 2017 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $934 billion as of August 31, 2017.  Client transfers from mutual funds to other portfolios were $1.4 billion for the month-ended August 31, 2017.

The firm's assets under management as of August 31, 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)


8/31/2017


7/31/2017


6/30/2017


12/31/2016

Sponsored U.S. mutual funds









 Stock and blended asset


$

455



$

453



$

446



$

401


 Bond and money market


124



122



121



113




579



575



567



514


Other investment portfolios









 Stock and blended asset


267



265



254



221


 Bond, money market, and stable value


88



87



83



76




355



352



337



297


Total assets under management


$

934



$

927



$

904



$

811




Target date retirement portfolios


$

220



$

219



$

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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