T. Rowe Price Group (FRA:TR1) Mutual Fund Assets (USD Mil) : 0.00 (As of . 20)

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What is T. Rowe Price Group Mutual Fund Assets (USD Mil)?

Mutual Fund Assets (USD Mil) are asset management companies' holding in mutual fund. Its volume reflects the portfolio structure of the company.

The historical rank and industry rank for T. Rowe Price Group's Mutual Fund Assets (USD Mil) or its related term are showing as below:

FRA:TR1's Mutual Fund Assets (USD Mil) is not ranked ^*
in the Asset Management industry.
Industry Median:
* Ranked among companies with meaningful Mutual Fund Assets (USD Mil) only.

T. Rowe Price Group Mutual Fund Assets (USD Mil) Historical Data

The historical data trend for T. Rowe Price Group's Mutual Fund Assets (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

T. Rowe Price Group Mutual Fund Assets (USD Mil) Chart

T. Rowe Price Group (FRA:TR1) Mutual Fund Assets (USD Mil) Explanation

A mutual fund is an open-end professionally managed investment that pools money from many investors to purchase securities. Each shareholder, therefore, participates proportionally in the gains or losses of the fund. Asset management companies can be the buyer or issuer of a mutual fund. If it's the former, the company will take the earnings of the mutual fund. If it’s the latter, the company will earn the administration fee, which is a more stable income source.

Mutual funds pool money from the investing public and use that money to buy other securities, usually stocks and bonds. The value of the mutual fund company depends on the performance of the securities it decides to buy. The price of a mutual fund share is referred to as the net asset value (NAV) per share.

T. Rowe Price Group Mutual Fund Assets (USD Mil) Related Terms

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T. Rowe Price Group (FRA:TR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » T. Rowe Price Group Inc (FRA:TR1) » Definitions » Mutual Fund Assets (USD Mil)

Comparable Companies

Traded in Other Exchanges

TROW:USA 1TROW:Italy TR1:Germany T1RO34:Brazil TROW:Austria

Address

100 East Pratt Street, Baltimore, MD, USA, 21202

Website

https://www.troweprice.com

T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.

T. Rowe Price Group (FRA:TR1) Headlines

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