Form 10-Q · Quarterly report
T. Rowe Price 10-Q, filed Oct 29, 2026
- Filed
- CIK
- 0001113169
- Accession no.
- 0001113169-26-000005
Summary
T. Rowe Price reported third-quarter 2026 assets under management of $1,862.7 billion, down $30.7 billion from June 30 on $28.3 billion of net outflows and $2.4 billion of market depreciation. The quarter also saw mixed global equity markets and negative fixed income returns as the Federal Reserve raised its target range to 3.75%–4.00% in September.
Key points
- T. Rowe Price's assets under management ended the third quarter of 2026 at $1,862.7 billion, down $30.7 billion from June 30, 2026, driven by $28.3 billion of net cash outflows and $2.4 billion of market depreciation.
- The Federal Reserve raised its federal funds target range to 3.75%–4.00% in September 2026, its first increase in more than three years, after holding at 3.50%–3.75% in July.
- Global equity markets were mixed in the third quarter of 2026: the S&P 500 returned 2.3%, the Nasdaq Composite returned 2.5%, and the Russell 2000 returned -7.2%.
- Global fixed income markets produced negative returns in the quarter, with the Bloomberg U.S. Aggregate Bond Index returning -3.5%.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations. OVERVIEW. Our revenues and net income are derived primarily from investment advisory services provided globally to individual and institutional investors in a broad range of investment solutions across equity, fixed income, multi-asset, and alternatives capabilities. We also provide certain investment advisory clients with related administrative services, including distribution, mutual fund transfer agent, accounting, and shareholder services; participant recordkeeping and transfer agent services for defined contribution retirement plans; brokerage; trust services; and other advisory services. …
An excerpt of the text as filed with the SEC, cut for length.
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