With an annual dividend yield of 5.03%, T. Rowe Price Group, Inc. (NASDAQ:TROW) is among the 10 High-Yield Stocks for Lasting Retirement Income.
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On May 12, T. Rowe Price Group, Inc. (NASDAQ:TROW) reported that assets under management increased to $1.83 trillion at the end of April, compared to $1.71 trillion at the end of March. The company said the increase was mainly due to market appreciation in various asset classes.
Net outflows in April totaled $10.6 billion, largely due to some large customer refunds. Management added that it expects flow activity to moderate for the remainder of the quarter. By asset class, equity assets under management rose to around $882 billion from $810 billion in March. Multi-asset assets under management also increased, reaching $665 billion compared to $625 billion the previous month.
Fixed income and alternative assets also posted gains during the month. Target-date retirement portfolios grew to approximately $599 billion in assets.
T. Rowe Price Group, Inc. (NASDAQ:TROW) is a global asset management company with $1.83 trillion in client assets under management as of April 30, 2026. Approximately two-thirds of those assets are retirement-related. The company has more than 85 years of experience in investment management, retirement services and proprietary research.
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