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T. Rowe Price's April AUM Balance Declines Sequentially
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T. Rowe Price Group, Inc. (TROW - Free Report) announced its preliminary assets under management (AUM) of $1.56 trillion for April 2025. The figure reflected a sequential marginal decrease compared to the prior month.
TROW experienced net outflows of $3.5 billion in April 2025.
Breakdown of TROW’s AUM Performance
At the end of April, T. Rowe Price’s equity products totaled $767 billion, a marginal decrease from the previous month. Fixed income (including money market) grew 1% to $198 billion. Furthermore, multi-asset products totaled $545 billion, a slight increase from the previous month.
Alternative products, valued at $53 billion, remained stable from the prior month.
T. Rowe Price registered $485 billion in target date retirement portfolios in April 2025, which marginally rose from the prior month.
Our Take on TROW
The company’s diversified business model and ongoing efforts are expected to continue supporting its top-line growth in the future, providing resilience amid market fluctuations. However, a decline in AUM balance looks discouraging. Also, the company’s overdependence on investment advisory fees remains a concern.
T. Rowe Price’s Zacks Rank & Price Performance
Over the past six months, TROW shares have plunged 17% compared with the industry’s 9.4% decline.
Image Source: Zacks Investment Research
Currently, T. Rowe Price carries a Zacks Rank #4 (Sell).
Franklin Resources, Inc. (BEN - Free Report) reported its preliminary AUM of $1.53 trillion as of April 30, 2025, which decreased marginally from the prior month.
The decline in BEN’s AUM balance was due to the impact of preliminary long-term net outflows of $10 billion, inclusive of $10 billion long-term net outflows at Western Asset Management, partially offset by the positive impact of foreign exchange.
Virtus Investment Partners, Inc. (VRTS - Free Report) announced its preliminary AUM of $163.7 billion as of April 30, 2025, down 2.2% from the March 31, 2025, level.
The decline in VRTS AUM was primarily due to net outflows in US retail funds, institutional accounts, retail separate accounts and global funds, partially offset by positive net flows of exchange-traded funds.
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T. Rowe Price's April AUM Balance Declines Sequentially
T. Rowe Price Group, Inc. (TROW - Free Report) announced its preliminary assets under management (AUM) of $1.56 trillion for April 2025. The figure reflected a sequential marginal decrease compared to the prior month.
TROW experienced net outflows of $3.5 billion in April 2025.
Breakdown of TROW’s AUM Performance
At the end of April, T. Rowe Price’s equity products totaled $767 billion, a marginal decrease from the previous month. Fixed income (including money market) grew 1% to $198 billion. Furthermore, multi-asset products totaled $545 billion, a slight increase from the previous month.
Alternative products, valued at $53 billion, remained stable from the prior month.
T. Rowe Price registered $485 billion in target date retirement portfolios in April 2025, which marginally rose from the prior month.
Our Take on TROW
The company’s diversified business model and ongoing efforts are expected to continue supporting its top-line growth in the future, providing resilience amid market fluctuations. However, a decline in AUM balance looks discouraging. Also, the company’s overdependence on investment advisory fees remains a concern.
T. Rowe Price’s Zacks Rank & Price Performance
Over the past six months, TROW shares have plunged 17% compared with the industry’s 9.4% decline.
Currently, T. Rowe Price carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Asset Managers
Franklin Resources, Inc. (BEN - Free Report) reported its preliminary AUM of $1.53 trillion as of April 30, 2025, which decreased marginally from the prior month.
The decline in BEN’s AUM balance was due to the impact of preliminary long-term net outflows of $10 billion, inclusive of $10 billion long-term net outflows at Western Asset Management, partially offset by the positive impact of foreign exchange.
Virtus Investment Partners, Inc. (VRTS - Free Report) announced its preliminary AUM of $163.7 billion as of April 30, 2025, down 2.2% from the March 31, 2025, level.
The decline in VRTS AUM was primarily due to net outflows in US retail funds, institutional accounts, retail separate accounts and global funds, partially offset by positive net flows of exchange-traded funds.