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Trending ETFs

Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$37.93

$59 B

1.68%

$0.63

0.99%

Vitals

YTD Return

13.6%

1 yr return

18.9%

3 Yr Avg Return

6.1%

5 Yr Avg Return

11.0%

Net Assets

$59 B

Holdings in Top 10

31.4%

52 WEEK LOW AND HIGH

$37.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.99%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 47.80%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$37.93

$59 B

1.68%

$0.63

0.99%

PACLX - Profile

Distributions

  • YTD Total Return 13.6%
  • 3 Yr Annualized Total Return 6.1%
  • 5 Yr Annualized Total Return 11.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.66%
DIVIDENDS
  • Dividend Yield 1.7%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    T. Rowe Price Capital Appreciation Fund
  • Fund Family Name
    TROWEPRICE
  • Inception Date
    Dec 31, 2004
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Giroux

Fund Description

The fund normally invests at least 50% of its total assets in stocks and the remaining assets are generally invested in corporate and government debt (including mortgage- and asset-backed securities), convertible securities, and bank loans (which represent an interest in amounts owed by a borrower to a syndicate of lenders) in keeping with the fund’s objective. The fund may also invest up to 25% of its total assets in foreign securities.

The fund’s investments in stocks generally fall into one of two categories: the larger category comprises long-term core holdings whose prices when purchased are considered low in terms of company assets, earnings, or other factors; the smaller category comprises opportunistic investments whose prices the adviser expects to rise in the short term but not necessarily over the long term. There are no limits on the market capitalization of the issuers of the stocks in which the fund invests. Since the adviser attempts to prevent losses as well as achieve gains, the adviser typically uses a value approach in selecting investments. The adviser’s in-house research team seeks to identify companies that seem undervalued by various measures, such as price/book value, and may be temporarily out of favor but have good prospects for capital appreciation. The adviser may establish relatively large positions in companies it finds particularly attractive.

In addition, the adviser searches for attractive risk/reward values among all types of securities. The portion of the fund’s investment in a particular type of security, such as common stocks, results largely from case-by-case investment decisions, and the size of the fund’s cash reserves may reflect the portfolio manager’s ability to find companies that meet valuation criteria rather than his market outlook.

The fund may purchase bonds, convertible securities, and bank loans for their income or other features or to gain additional exposure to a company. Maturity and quality are not necessarily

major considerations and there are no limits on the maturities or credit ratings of the debt instruments in which the fund invests. The fund may invest up to 30% of its total assets in below investment-grade corporate bonds (also known as “junk bonds”) and other debt instruments that are rated below investment grade. If a security is split rated (i.e., rated investment grade by at least one rating agency and below investment grade by another rating agency), the higher rating will be used for purposes of this requirement.

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PACLX - Performance

Return Ranking - Trailing

Period PACLX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.6% -2.2% 80.8% 34.01%
1 Yr 18.9% -2.2% 90.0% 37.94%
3 Yr 6.1%* -4.9% 20.0% 4.16%
5 Yr 11.0%* -2.4% 22.9% 3.52%
10 Yr 9.3%* 1.0% 13.5% 2.79%

* Annualized

Return Ranking - Calendar

Period PACLX Return Category Return Low Category Return High Rank in Category (%)
2023 14.0% -12.2% 23.9% 12.46%
2022 -19.7% -34.7% 2.8% 65.39%
2021 8.3% -11.9% 18.1% 33.08%
2020 9.1% -20.9% 39.7% 37.94%
2019 17.5% 0.8% 25.7% 12.42%

Total Return Ranking - Trailing

Period PACLX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.6% -2.2% 80.8% 34.01%
1 Yr 18.9% -2.2% 90.0% 37.94%
3 Yr 6.1%* -4.9% 20.0% 4.16%
5 Yr 11.0%* -2.4% 22.9% 3.52%
10 Yr 9.3%* 1.0% 13.5% 2.79%

* Annualized

Total Return Ranking - Calendar

Period PACLX Return Category Return Low Category Return High Rank in Category (%)
2023 18.5% -12.2% 26.8% 8.99%
2022 -12.2% -29.0% 10.9% 26.51%
2021 18.2% -3.0% 27.3% 5.01%
2020 17.8% -19.5% 40.6% 12.38%
2019 24.2% 2.2% 32.7% 5.39%

NAV & Total Return History


PACLX - Holdings

Concentration Analysis

PACLX Category Low Category High PACLX % Rank
Net Assets 59 B 861 K 235 B 4.32%
Number of Holdings 300 2 16015 31.45%
Net Assets in Top 10 19.4 B 859 K 69.8 B 4.06%
Weighting of Top 10 31.45% 10.8% 122.7% 70.14%

Top 10 Holdings

  1. MICROSOFT CORP 5.52%
  2. T. Rowe Price Government Reserve Fund 4.28%
  3. UNITED STATES TREASURY NOTE/BOND 3.67%
  4. UNITED STATES TREASURY NOTE/BOND 3.48%
  5. ALPHABET INC 2.75%
  6. AMAZON.COM INC 2.69%
  7. UNITEDHEALTH GROUP INC 2.57%
  8. NVIDIA CORP 2.47%
  9. INTUIT INC 2.02%
  10. UNITED STATES TREASURY NOTE/BOND 1.99%

Asset Allocation

Weighting Return Low Return High PACLX % Rank
Stocks
62.07% 0.00% 100.16% 67.10%
Bonds
30.42% 0.00% 74.58% 33.04%
Cash
7.37% -7.92% 100.00% 15.22%
Convertible Bonds
0.54% 0.00% 23.84% 44.53%
Preferred Stocks
0.34% 0.00% 23.91% 10.14%
Other
-0.19% -42.55% 113.97% 98.99%

Stock Sector Breakdown

Weighting Return Low Return High PACLX % Rank
Healthcare
23.66% 0.00% 29.35% 1.32%
Technology
22.21% 0.00% 44.21% 27.82%
Consumer Cyclical
15.19% 0.00% 19.36% 2.64%
Industrials
12.63% 0.00% 24.37% 14.79%
Financial Services
10.82% 0.00% 38.77% 89.75%
Communication Services
6.52% 0.00% 38.10% 64.13%
Utilities
4.88% 0.00% 99.55% 16.40%
Consumer Defense
2.79% 0.00% 15.14% 90.63%
Basic Materials
1.30% 0.00% 25.57% 90.04%
Real Estate
0.00% 0.00% 65.01% 99.27%
Energy
0.00% 0.00% 85.65% 99.12%

Stock Geographic Breakdown

Weighting Return Low Return High PACLX % Rank
US
62.07% 0.00% 100.16% 63.33%
Non US
0.00% 0.00% 39.06% 81.45%

Bond Sector Breakdown

Weighting Return Low Return High PACLX % Rank
Corporate
57.43% 0.00% 98.21% 16.20%
Government
17.09% 0.00% 97.26% 71.53%
Cash & Equivalents
4.28% 0.00% 99.92% 23.19%
Securitized
0.57% 0.00% 92.13% 84.96%
Municipal
0.00% 0.00% 24.80% 89.64%
Derivative
-0.25% -2.87% 42.43% 98.12%

Bond Geographic Breakdown

Weighting Return Low Return High PACLX % Rank
US
30.30% 0.00% 74.58% 32.03%
Non US
0.11% 0.00% 15.37% 9.86%

PACLX - Expenses

Operational Fees

PACLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.99% 0.03% 17.63% 49.42%
Management Fee 0.59% 0.00% 1.83% 70.94%
12b-1 Fee 0.25% 0.00% 1.00% 46.70%
Administrative Fee 0.15% 0.01% 0.83% 72.73%

Sales Fees

PACLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PACLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PACLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.80% 0.83% 343.00% 59.75%

PACLX - Distributions

Dividend Yield Analysis

PACLX Category Low Category High PACLX % Rank
Dividend Yield 1.68% 0.00% 17.90% 17.41%

Dividend Distribution Analysis

PACLX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Monthly Annual

Net Income Ratio Analysis

PACLX Category Low Category High PACLX % Rank
Net Income Ratio 0.66% -2.34% 13.92% 75.52%

Capital Gain Distribution Analysis

PACLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

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PACLX - Fund Manager Analysis

Managers

David Giroux


Start Date

Tenure

Tenure Rank

Jun 30, 2006

15.93

15.9%

David R. Giroux, CFA, is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc. Mr. Giroux is a portfolio manager, Chief Investment Officer, U.S. Equity Multi-Discipline, and president and chairman of the Investment Advisory Committee. Mr. Giroux joined the firm in 1998 and, until 2006, had analytical responsibility for the firm’s investments in the industrials and automotive sectors. As an analyst, Mr. Giroux covered the automotive sector. Mr. Giroux has a B.A. in Finance and Political Economy from Hillsdale College. Mr. Giroux is also a chartered financial analyst.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.37 2.41