T. Rowe Price Group reports developments tied to its global asset management business, including assets under management, client flows, earnings, dividends, stockholder meeting results, and capital return activity. Company updates also cover its investment platform across equity, fixed income, multi-asset, and alternative strategies, with recurring references to retirement-related assets and client solutions.
News about T. Rowe Price also includes product and platform changes such as fixed income vehicles, CLO activity, 529 education savings offerings, private credit initiatives associated with OHA, and investment commentary from the firm's research and portfolio teams.
T. Rowe Price (TROW) is expanding the use of Anthropic's Claude AI across its investment organization to support research, workflows, and technology development.
Portfolio managers and analysts are using Claude Cowork to synthesize complex information, increase research capacity, and assist with knowledge-intensive, multistep processes. Developers are adopting Claude Code to build and improve tools that enhance productivity in investment and operating workflows. All applications operate under the firm's AI leadership model and standards for responsible use, which keep human judgment and accountability central to client outcomes. The initiative is part of a broader firmwide effort to pair AI adoption with training, talent development, and continued investment in people and capabilities. T. Rowe Price portfolios also invest in Anthropic.
T. Rowe Price (TROW) launched the T. Rowe Price Securitized Income ETF (TSCZ), a fully transparent, actively managed fixed income ETF that began trading on NYSE Arca on September 3, 2026.
TSCZ seeks high current income by investing across U.S. securitized credit sectors, including ABS, CMBS, CLOs, and non-agency RMBS, and has a total expense ratio of 0.20%. The fund is co-managed by Jean-Marc Breaux and Ramon de Castro, who bring 20 and over 30 years of investment experience, respectively. With this launch, T. Rowe Price's ETF lineup grows to 35 funds across fixed income, equities, multi-asset, digital assets, and thematic strategies. Separately, the firm has agreed to acquire F/m Investments, which at expected closing in early 2027 is anticipated to increase fixed income assets under management by nearly 9% and more than double its fixed income ETF assets under management.
T. Rowe Price (NASDAQ: TROW) released the latest episode of its podcast series “The Angle from T. Rowe Price,” featuring a conversation between Eric Veiel, President, Co‑Head of Global Investments and CIO, and Vimal Kapur, Chairman and CEO of Honeywell Technologies.
The episode examines Honeywell’s recent transformation into three distinct companies, Kapur’s rationale that streamlining can sharpen strategic focus, and the secular growth opportunities he sees in industrial automation and artificial intelligence. Discussion topics include how AI and automation could make hospitals, data centers, semiconductor fabs, and energy infrastructure more autonomous, the importance of industrial data and domain expertise, and how agentic systems may help address skilled‑labor shortages and productivity needs.
According to T. Rowe Price, this is the seventeenth episode in its C‑suite series, following prior interviews with CEOs from major global companies. The firm also highlights its broader podcast lineup and notes it manages $1.87 trillion in client assets as of July 31, 2026.
T. Rowe Price (NASDAQ: TROW) agreed to acquire F/m Investments, a fixed income asset manager and ETF specialist with approximately $19 billion in assets under management as of July 31, 2026. The deal is expected to deepen T. Rowe Price's fixed income capabilities and accelerate growth across its ETF franchise.
According to T. Rowe Price, the transaction should increase its fixed income assets under management by nearly 9%, more than double its fixed income ETF AUM, and expand its SMA offering. F/m will operate as “F/m Investments, a T. Rowe Price Company,” retaining its brand and leadership. Closing is expected in early 2027, subject to customary conditions; financial terms were not disclosed.
T. Rowe Price OHA Select Private Credit Fund (OCREDIT) (NYSE:TROW) reported Q2 2026 net investment income (NII) of $38.3 million, or $0.61 per share, and earnings per share of $0.41, while declaring total Q2 distributions of $0.60 per share, implying a 9.2% annualized distribution rate. Since inception on November 14, 2022, the annualized total return based on NAV was 10.58%.
As of June 30, 2026, the fund’s investment portfolio had a fair value of $3.1 billion across 144 portfolio companies in 25 sectors, with a weighted average yield on debt and income-producing investments of 9.8%. Net assets were $1.64 billion and NAV per share was $25.96, down from $26.15 on March 31, 2026. Debt-to-equity remained at 0.93x, with $1.52 billion of net debt at a 6.0% weighted average interest rate. Subsequent to quarter end, the Company issued $400 million of notes due 2031 with a fixed 6.50% coupon.
T. Rowe Price (NASDAQ: TROW) announced new leadership structures to advance its firmwide artificial intelligence strategy, aiming to accelerate responsible adoption and scale practical AI capabilities across Investments, Global Distribution, and enterprise Technology, Data, and Operations.
The firm is expanding its Investment AI Solutions group, creating a Global Distribution AI Strategy and Transformation team, and using T. Rowe Price Labs as an AI innovation hub. An Enterprise AI, Model, and Technology Risk function will oversee governance and regulatory readiness. T. Rowe Price reported $1.87 trillion in client assets as of July 31, 2026.
T. Rowe Price Group (NASDAQ: TROW) reported July 31, 2026 assets under management (AUM) of $1.87 trillion, with July net outflows of $8.2 billion. Equity AUM was $896 billion, fixed income $222 billion, multi-asset $687 billion, and alternatives $62 billion.
Total AUM declined from $1.893 trillion at June 30, 2026 but increased from $1.776 trillion at December 31, 2025. Target date retirement portfolios held $620 billion, up from $561 billion at year-end 2025.
T. Rowe Price Group (NASDAQ-GS: TROW) announced that its Board of Directors declared a quarterly dividend of $1.30 per share, payable on September 29, 2026, to shareholders of record as of September 15, 2026.
The company reported managing $1.9 trillion in client assets as of July 31, 2026, with about two-thirds related to retirement.
T. Rowe Price Group (NASDAQ-GS: TROW) announced it has released its financial results for the second quarter of 2026, available at troweprice.com/newsroom. Senior executives will host a webcast today, July 31, 2026, from 8:00 to 8:45 AM Eastern Time to discuss performance and answer questions.
According to T. Rowe Price Group, investors can access the webcast and obtain dial-in details via investors.troweprice.com. Supplemental materials will be posted shortly before the call, and a replay of the webcast will be available on the firm’s investor relations website after the event.
T. Rowe Price (NASDAQ: TROW) and Goldman Sachs Asset Management launched the T. Rowe Price Goldman Sachs Private Markets Fund, an interval fund providing individual investors access to institutional-style private equity, private credit, private real estate, private infrastructure, and leveraged loans in a single professionally managed portfolio.
The fund combines T. Rowe Price’s multi-asset, equity, and OHA private credit capabilities with GSAM’s global alternatives platform. It offers lower investment minimums (A and D shares: $2,500; I shares: $1,000,000), daily pricing, simplified 1099 tax reporting, and no accreditation requirement. Liquidity is limited to quarterly repurchase offers of 5%–25% of outstanding shares at NAV under an interval fund structure, so shares should be viewed as illiquid. This product is part of the firms’ broader public‑private collaboration announced in 2025.