T. Rowe Price Capital Appreciation Fund I Class (TRAIX)
| Fund Assets | 69.99B |
| Expense Ratio | 0.58% |
| Min. Investment | $2,500 |
| Turnover | 85.00% |
| Dividend (ttm) | 3.20 |
| Dividend Yield | 9.07% |
| Dividend Growth | -12.07% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 35.24 |
| YTD Return | -1.20% |
| 1-Year Return | 9.35% |
| 5-Year Return | 53.70% |
| 52-Week Low | 29.81 |
| 52-Week High | 36.21 |
| Beta (5Y) | n/a |
| Holdings | 210 |
| Inception Date | Dec 17, 2015 |
About TRAIX
T. Rowe Price Capital Appreciation Fund I Class is a diversified moderate allocation mutual fund designed to provide long-term capital appreciation. The fund primarily invests at least half of its assets in common stocks of established U.S. companies that are believed to offer above-average potential for capital growth, while the remaining assets are generally allocated to corporate and government debt securities, including mortgage- and asset-backed securities, as well as bank loans. Up to 25% of assets may be invested in foreign securities, providing a global dimension to its strategy. The fund's robust portfolio—spanning several hundred holdings—also incorporates cash and other fixed income instruments for principal preservation and risk management. Managed by a seasoned team led by David Giroux, the fund is recognized for its strong, consistent track record, having outperformed its Morningstar category average for 17 consecutive years. Its blend of equity and fixed income exposure makes it a core holding for investors seeking balanced risk and return within the moderate allocation category. The fund is classified as institutional, characterized by a relatively low expense ratio and high asset base, and it is often benchmarked against the S&P 500 Index.
Performance
TRAIX had a total return of 9.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.37%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQWX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class Z | 0.55% |
| FBKFX | Fidelity | Fidelity Balanced K6 Fund | 0.32% |
| FASDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class A | 0.92% |
| FTSDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class M | 1.17% |
| FASGX | Fidelity | Fidelity Asset Manager 70% | 0.64% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PACLX | -advisor Class | 0.97% |
Top 10 Holdings
41.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Aggregate Miscellaneous Equity | n/a | 8.68% |
| Microsoft Corporation | MSFT | 4.45% |
| NVIDIA Corporation | NVDA | 4.22% |
| Apple Inc. | AAPL | 3.86% |
| Alphabet Inc. | GOOGL | 3.73% |
| United States Treasury Notes 3.625% | T.3.625 10.31.30 | 3.55% |
| Amazon.com, Inc. | AMZN | 3.52% |
| United States Treasury Notes 3.5% | T.3.5 11.30.30 | 3.33% |
| United States Treasury Notes 3.875% | T.3.875 07.31.30 | 3.17% |
| T. Rowe Price Gov. Reserve | TRPGRIA | 2.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $3.201 | Dec 18, 2025 |
| Dec 18, 2024 | $3.6406 | Dec 19, 2024 |
| Dec 19, 2023 | $1.4505 | Dec 20, 2023 |
| Dec 19, 2022 | $2.8826 | Dec 20, 2022 |
| Dec 14, 2021 | $3.460 | Dec 15, 2021 |
| Dec 14, 2020 | $2.760 | Dec 15, 2020 |