Previous close | 121.78 |
Open | 123.50 |
Bid | 119.83 x 800 |
Ask | 121.41 x 1000 |
Day's range | 120.56 - 123.65 |
52-week range | 112.65 - 224.56 |
Volume | |
Avg. volume | 1,727,567 |
Market cap | 27.573B |
Beta (5Y monthly) | 1.34 |
PE ratio (TTM) | 9.82 |
EPS (TTM) | 12.36 |
Earnings date | 27 Jul 2022 - 01 Aug 2022 |
Forward dividend & yield | 4.80 (3.94%) |
Ex-dividend date | 14 Jun 2022 |
1y target est | 141.56 |
The fear is that these events together could result in a recession, which is why the S&P 500 index has dipped 18.3% year to date. With $1.42 trillion in assets under management (AUM) as of April 30, T. Rowe Price (NASDAQ: TROW) is one of the largest asset managers in the world. Unsurprisingly, T. Rowe Price has been adversely impacted by the sell-off in stocks this year -- with its own stock price plunging 38.5% year to date.
T Rowe Price plans to add strategies to its nascent bond ETF suite, including one that aims to defend portfolios from rising interest rates. The manager plans to launch the Floating Rate ETF and the US High Yield Bond ETF, according to paperwork filed last week. The forthcoming ETFs will be managed by the same portfolio managers and with broadly similar strategies to existing mutual funds, the $5.6bn Floating Rate Fund and $501mn US High Yield Bond Fund, a spokesperson for the Baltimore-based shop confirmed.
Mutual Fund Report for PRSIX