T. Rowe Price Capital Appreciation I

Snapshot

Compare

Profile

Performance

TRAIX - Snapshot

Vitals

YTD Return 15.9%
3 Yr Annualized Return 11.0%
5 Yr Annualized Return 10.7%
Net Assets $40.3 B
Holdings in Top 10 39.7%

52 WEEK LOW AND HIGH

$35.76

$23.88

$36.21

Expenses

OPERATING RELATED FEES

Expense Ratio 0.60%

SALES FEES

Front Load N/A
Deferred Load N/A

BROKERAGE FEES

Turnover 44.80%

TRADING FEES

Max Redemption Fee N/A

Min Investment

Closed to new investors as of Dec 17, 2015

Standard (Taxable) $1,000,000
IRA N/A

Fund Classification

Primary Theme
U.S. Balanced Allocation
Fund Type Open End Mutual Fund
Investment Style Allocation--50% to 70% Equity

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

American Funds American Balanced Fund®

Fund

$30.41

+0.90%

$166.16 B

1.33%

$0.40

6.70%

Vanguard Wellington™ Fund

Fund

$46.18

-0.26%

$104.44 B

2.17%

$1.00

6.45%

Vanguard Balanced Index Fund

Fund

$43.73

+0.90%

$46.53 B

1.31%

$0.57

11.47%

T. Rowe Price Capital Appreciation Fund

Fund

$36.15

+1.26%

$40.35 B

1.34%

$0.48

15.79%

Fidelity® Balanced Fund

Fund

$27.65

+1.10%

$36.20 B

1.45%

$0.40

12.40%

TRAIX - Profile

Distributions

YTD Total Return 15.9%
3 Yr Annualized Total Return 11.0%
5 Yr Annualized Total Return 10.7%
Capital Gain Distribution Frequency Annually
Net Income Ratio 1.70%

DIVIDENDS

Dividend Yield 0.0%
Dividend Distribution Frequency Annually

Fund Details

Legal Name

T. Rowe Price Capital Appreciation Fund
Fund Family Name

T. Rowe Price
Inception Date

Dec 17, 2015
Shares Outstanding

N/A
Share Class

Inst
Currency

USD
Domiciled Country

United States
Manager

David Giroux

TRAIX - Performance

Return Ranking - Trailing

Period	TRAIX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	15.9%	-40.7%	30.5%	2.33%
1 Yr	11.3%	-21.7%	26.7%	4.75%
3 Yr	11.0%*	-4.7%	12.9%	1.59%
5 Yr	10.7%*	-0.8%	11.3%	1.28%
10 Yr	11.7%*	0.4%	11.8%	0.38%

* Annualized

Return Ranking - Calendar

Period	TRAIX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	17.7%	-5.8%	25.7%	11.90%
2018	-6.2%	-32.7%	0.0%	5.78%
2017	7.9%	-6.5%	22.4%	57.41%
2016	4.6%	-43.7%	23.3%	40.25%
2015	N/A	-32.5%	2.6%	N/A

Total Return Ranking - Trailing

Period	TRAIX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	15.9%	-40.7%	29.5%	2.33%
1 Yr	11.3%	-21.7%	26.7%	3.99%
3 Yr	11.0%*	-4.7%	12.9%	1.27%
5 Yr	10.7%*	-0.8%	11.3%	1.12%
10 Yr	11.7%*	0.4%	11.8%	0.38%

* Annualized

Total Return Ranking - Calendar

Period	TRAIX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	17.7%	-5.8%	25.7%	12.22%
2018	-6.2%	-32.7%	0.8%	28.89%
2017	7.9%	-3.7%	31.9%	85.01%
2016	4.6%	-43.7%	23.3%	74.11%
2015	N/A	-32.5%	5.6%	N/A

NAV & Total Return History

TRAIX - Holdings

Concentration Analysis

	TRAIX	Category Low	Category High	TRAIX % Rank
Net Assets	40.3 B	716 K	166 B	3.38%
Number of Holdings	257	2	14317	40.03%
Net Assets in Top 10	15.4 B	654 K	30 B	3.30%
Weighting of Top 10	39.68%	9.3%	100.0%	50.33%

Top 10 Holdings

T. Rowe Price Gov. Reserve 9.03%
Microsoft Corp 5.47%
General Electric Co 4.01%
American Electric Power Co Inc 3.50%
Amazon.com Inc 3.31%
Alphabet Inc Class C 3.19%
Fiserv Inc 2.99%
Marsh & McLennan Companies Inc 2.86%
PNC Financial Services Group Inc 2.71%
Humana Inc 2.60%

Asset Allocation

	Weighting	Return Low	Return High	TRAIX % Rank
Stocks	66.96%	0.00%	134.22%	11.53%
Bonds	21.21%	-2.18%	97.64%	92.96%
Cash	9.21%	-34.22%	89.35%	11.69%
Preferred Stocks	2.58%	0.00%	28.13%	4.95%
Convertible Bonds	0.05%	0.00%	26.75%	86.66%
Other	0.00%	-3.55%	30.21%	56.52%

Stock Sector Breakdown

	Weighting	Return Low	Return High	TRAIX % Rank
Healthcare	20.98%	0.00%	36.21%	1.65%
Technology	19.51%	0.00%	48.90%	50.07%
Financial Services	13.89%	0.00%	100.00%	40.93%
Utilities	13.64%	0.00%	100.00%	2.25%
Industrials	12.85%	0.00%	35.09%	14.84%
Consumer Cyclical	10.63%	0.00%	24.29%	64.02%
Communication Services	6.55%	0.00%	43.64%	83.66%
Consumer Defense	1.95%	0.00%	17.85%	95.50%
Real Estate	0.00%	0.00%	100.00%	94.30%
Energy	0.00%	0.00%	90.89%	92.80%
Basic Materials	0.00%	0.00%	30.87%	93.40%

Stock Geographic Breakdown

	Weighting	Return Low	Return High	TRAIX % Rank
US	64.17%	0.13%	131.11%	3.45%
Non US	2.79%	0.00%	39.23%	82.01%

Bond Sector Breakdown

	Weighting	Return Low	Return High	TRAIX % Rank
Corporate	70.97%	0.00%	99.06%	6.45%
Cash & Equivalents	27.86%	0.08%	100.00%	11.54%
Securitized	1.17%	0.00%	59.07%	86.51%
Derivative	0.00%	0.00%	32.58%	43.33%
Municipal	0.00%	0.00%	24.46%	73.31%
Government	0.00%	0.00%	99.53%	95.20%

Bond Geographic Breakdown

	Weighting	Return Low	Return High	TRAIX % Rank
US	19.34%	-6.66%	74.69%	87.41%
Non US	1.87%	-7.18%	73.06%	83.51%

TRAIX - Expenses

Operational Fees

	TRAIX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Expense Ratio	0.60%	0.01%	4.93%	68.65%
Management Fee	0.59%	0.00%	1.75%	69.10%
12b-1 Fee	N/A	0.00%	1.00%	4.74%
Administrative Fee	N/A	0.01%	0.83%	N/A

Sales Fees

	TRAIX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Front Load	N/A	2.00%	5.75%	N/A
Deferred Load	N/A	1.00%	5.00%	N/A

Trading Fees

	TRAIX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Max Redemption Fee	N/A	1.00%	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.

	TRAIX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Turnover	44.80%	0.00%	484.00%	51.69%

TRAIX - Distributions

Dividend Yield Analysis

	TRAIX	Category Low	Category High	TRAIX % Rank
Dividend Yield	0.00%	0.00%	8.70%	8.45%

Dividend Distribution Analysis

	TRAIX	Category Low	Category High	Category Mod
Dividend Distribution Frequency	Annually	Annually	Monthly	Quarterly

Net Income Ratio Analysis

	TRAIX	Category Low	Category High	TRAIX % Rank
Net Income Ratio	1.70%	-0.99%	11.02%	50.23%

Capital Gain Distribution Analysis

	TRAIX	Category Low	Category High	Capital Mode
Capital Gain Distribution Frequency	Annually	Annually	Semi-Annually	Annually

Dividend Payout History

Date	Amount
Dec 14, 2018	$0.700
Dec 15, 2017	$0.410

View More +

TRAIX - Fund Manager Analysis

Managers

David Giroux

Start Date

Tenure

Tenure Rank

Jun 30, 2006

14.35

14.4%

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
0.03	36.86	6.24	0.83

You have successfully subscribed to Advisor Access. Thank you!

T. Rowe Price Capital Appreciation I

TRAIX - Snapshot

Vitals

52 WEEK LOW AND HIGH

Expenses

OPERATING RELATED FEES

SALES FEES

BROKERAGE FEES

TRADING FEES

Min Investment

Fund Classification

TRAIX - Profile

Distributions

Fund Details

TRAIX - Performance

Return Ranking - Trailing

Return Ranking - Calendar

Total Return Ranking - Trailing

Total Return Ranking - Calendar

NAV & Total Return History

TRAIX - Holdings

Concentration Analysis

Top 10 Holdings

Asset Allocation

Stock Sector Breakdown

Stock Geographic Breakdown

Bond Sector Breakdown

Bond Geographic Breakdown

TRAIX - Expenses

Operational Fees

Sales Fees

Trading Fees

Related Fees

TRAIX - Distributions

Dividend Yield Analysis

Dividend Distribution Analysis

Net Income Ratio Analysis

Capital Gain Distribution Analysis

Dividend Payout History

TRAIX - Fund Manager Analysis

Managers

David Giroux

Tenure Analysis

Advertisement

Wait! Do you know all the important aspects of mutual funds?

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access