T. Rowe Price Capital Appreciation Fund Advisor Class (PACLX)
| Fund Assets | 69.86B |
| Expense Ratio | 0.97% |
| Min. Investment | $500,000 |
| Turnover | 124.70% |
| Dividend (ttm) | 3.06 |
| Dividend Yield | 8.23% |
| Dividend Growth | -12.47% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 37.16 |
| YTD Return | 5.64% |
| 1-Year Return | 15.18% |
| 5-Year Return | 49.54% |
| 52-Week Low | 33.28 |
| 52-Week High | 38.49 |
| Beta (5Y) | n/a |
| Holdings | 217 |
| Inception Date | Dec 31, 2004 |
About PACLX
T. Rowe Price Capital Appreciation Fund Advisor Class is a multi-asset mutual fund designed for investors seeking long-term capital growth. Structured as a moderate allocation fund, it primarily invests at least half of its assets in equities—mostly established U.S. companies with strong potential for appreciation—while allocating the remainder to fixed income instruments such as government and corporate bonds, and occasionally convertible securities or cash equivalents. This flexible approach allows the fund to adjust its risk profile in response to market conditions and to help preserve principal value during periods of uncertainty. The fund is managed by a team led by David Giroux, known for consistent outperformance relative to peers in the moderate allocation category. With a large and diverse asset base, notable holdings include leading companies in the technology, healthcare, and consumer sectors, as well as allocations to U.S. Treasury notes. The fund’s balanced strategy and careful security selection have established its reputation as a core holding for investors seeking a blend of growth and risk management within their portfolios.
Performance
PACLX had a total return of 15.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.41%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TRAIX | -i Class | 0.58% |
Top 10 Holdings
33.34% of assets| Name | Symbol | Weight |
|---|---|---|
| Amazon.com, Inc. | AMZN | 4.80% |
| Microsoft Corporation | MSFT | 4.25% |
| US TREASURY N/B - UNITED STATES TREASURY NOTE/BOND | T.3.625 10.31.30 | 3.75% |
| Meta Platforms, Inc. | META | 3.70% |
| Apple Inc. | AAPL | 3.58% |
| NVIDIA Corporation | NVDA | 3.01% |
| US TREASURY N/B - UNITED STATES TREASURY NOTE/BOND | T.3.5 11.30.30 | 3.00% |
| US TREASURY N/B - UNITED STATES TREASURY NOTE/BOND | T.3.5 02.28.31 | 2.68% |
| CenterPoint Energy, Inc. | CNP | 2.33% |
| Alphabet Inc. | GOOGL | 2.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $3.0584 | Dec 18, 2025 |
| Dec 18, 2024 | $3.4943 | Dec 19, 2024 |
| Dec 19, 2023 | $1.3255 | Dec 20, 2023 |
| Dec 19, 2022 | $2.7387 | Dec 20, 2022 |
| Dec 14, 2021 | $3.290 | Dec 15, 2021 |
| Dec 14, 2020 | $2.620 | Dec 15, 2020 |