With an annual dividend yield of 5.03%, T. Rowe Price Group, Inc. (NASDAQ:TROW) is included among the 10 High Yield Stocks for Lasting Retirement Income.
Image by Steve Buissinne from Pixabay
On May 12, T. Rowe Price Group, Inc. (NASDAQ:TROW) reported that assets under management rose to $1.83 trillion at the end of April, compared with $1.71 trillion at the end of March. The company said the increase was mainly driven by market appreciation across several asset classes.
April net outflows totaled $10.6 billion, largely due to a few sizable client redemptions. Management added that it expects flow activity to moderate during the remainder of the quarter. By asset class, equity assets under management increased to about $882 billion from $810 billion in March. Multi-asset AUM also rose, reaching $665 billion compared with $625 billion a month earlier.
Fixed income and alternative assets posted gains during the month as well. Target-date retirement portfolios grew to roughly $599 billion in assets.
T. Rowe Price Group, Inc. (NASDAQ:TROW) is a global asset management firm managing $1.83T in client assets as of April 30, 2026. About 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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