T. Rowe Price Capital Appreciation Fund I Class (TRAIX)
T. Rowe Price Capital Appreciation Fund I Class operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $39.06, up 0.08% on the session, giving a market capitalisation of $40.24B. Its beta of 0.80 implies it has historically moved less than the broad market.
The fund's core objective is to generate significant long-term capital growth. Typically, this fund allocates a minimum of 50% of its overall capital to common stocks. The balance of its assets is generally diversified across various debt instruments, such as corporate and government bonds (including those backed by mortgages and other assets), and syndicated bank loans. These bank loans represent a fractional claim on sums due from a borrower to a consortium of financial institutions. Furthermore, it has the discretion to commit up to 25% of its total assets to international securities.
T. Rowe Price Capital Appreciation Fund I Class is most often compared with the following Financial Services names: