T. Rowe Price Capital Appreciation Fund (PRWCX)
T. Rowe Price Capital Appreciation Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $39.04, up 0.05% on the session, giving a market capitalisation of $40.22B. Its beta of 0.80 implies it has historically moved less than the broad market.
This fund's primary goal is to achieve substantial capital growth over the long term. It typically commits at least half of its total assets to equities. The remaining portion of its portfolio is generally diversified across convertible securities, various forms of corporate and government debt (including those backed by mortgages and other assets), and bank loans, which represent a share in credit extended by a group of lenders to a borrower. The fund also has the flexibility to invest up to 25% of its assets in international securities.
T. Rowe Price Capital Appreciation Fund is most often compared with the following Financial Services names: