T. Rowe Price Capital Appreciation Fund Advisor Class (PACLX)
T. Rowe Price Capital Appreciation Fund Advisor Class operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $38.25, up 0.05% on the session, giving a market capitalisation of $39.41B. Its beta of 0.80 implies it has historically moved less than the broad market.
The fund's core objective is to generate substantial capital growth over an extended period. Typically, it dedicates at least half of its overall portfolio to equity holdings. The remaining assets are generally invested in a variety of debt obligations, including corporate and government bonds (such as those backed by mortgages and other assets), as well as bank loans, which represent a share in the amounts borrowed by an entity from a consortium of lenders. The fund is also permitted to allocate up to 25% of its total assets to international securities.
T. Rowe Price Capital Appreciation Fund Advisor Class is most often compared with the following Financial Services names: