T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For October 2018

BALTIMORE, Nov. 12, 2018

The firm's assets under management as of October 31, 2018, and for the prior 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)		10/31/2018 ARIVA.DE Börsen-Geflüster Kurse T. Rowe Price Group 108,83 $ -2,01%				9/30/2018				12/31/2017
U.S. mutual funds
Equity and blended assets		$	474			$	515			$	480
Fixed income and money market		128				130				126
		602				645				606
Subadvised and separately managed accounts and other investment products
Equity and blended assets		314				339				292
Fixed income and money market		97				100				93
		411				439				385
Total assets under management		$	1,013			$	1,084			$	991
Target date retirement products(b)		$	238			$	252			$	234
(a) Preliminary - subject to adjustment
(b) Includes the assets under management of the firm's target date retirement mutual funds and trusts as well as those target date retirement portfolios managed in separate accounts.

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.