T. Rowe Price(US:TROW)2025-05-02 11:31Financial Performance - The Assets Under Management (AUM) decreased to $1.57 trillion in Q1 2025, compared to $1.61 trillion in Q4 2024 [6] - Net revenues for Q1 2025 were $1.76 billion, a decrease of 33% compared to $1.82 billion in Q4 2024 [6] - Diluted earnings per share (EPS) were $2.15 in Q1 2025, compared to $1.92 in Q4 2024 [6] - Adjusted operating expenses were $1.14 billion in Q1 2025, down from $1.22 billion in Q4 2024 [6] - The dividend per share increased to $1.27 in Q1 2025, compared to $1.24 in the previous quarters [6] Asset Flows and Management - Net outflows were $8.6 billion in Q1 2025 [6] - The investment advisory effective fee rate (EFR) with performance-based fees was 40.3 bps in Q1 2025, down from 40.9 bps in Q4 2024 [6] - U S defined contribution AUM reached $713 billion, with target date AUM at $484 billion [28] Investment Performance - 61% of funds outperformed the Morningstar median over 1 year [8] - 68% of funds outperformed the Morningstar median over 10 years [8]