T. Rowe Price Capital Appreciation Fund (PRWCX) Fund Details & Analysis

Fund Information

Fund Category Allocation--50% to 70% Equity

Fund Family T. Rowe Price

Fund Style Large Blend

ISIN US77954M1053

CUSIP 77954M105

Inception Date 1986-06-30

Domicile United States

Country USA

Fiscal Year End December

NAV Chart

Fund Metrics

Net Assets $70.59 Billion

Share Class Net Assets $37.42 Billion

Expense Ratio 0.71%

Expense Ratio Date 2025-03-01

Dividend Yield 0.02%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 1.01%

1-Year Return 10.04%

3-Year Return 13.42%

5-Year Return 9.67%

NAV $36.11

Previous Close Price $36.10

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.02%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About T. Rowe Price Capital Appreciation Fund

The fund normally invests at least 50% of its total assets in stocks and the remaining assets are generally invested in corporate and government debt (including mortgage- and asset-backed securities) and bank loans (which represent an interest in amounts owed by a borrower to a syndicate of lenders) in keeping with the fund's objective. It may also invest up to 25% of its total assets in foreign securities.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 319017.19%

Giant 27.43%

Large 8.80%

Medium 16.65%

Micro 0.00%

Small 3.38%

Value & Growth Metrics

Book-Value Growth % 8.78%

Cash-Flow Growth % 5.41%

Dividend Yield % 1.09%

Historical Earnings % 10.45%

Long-Term Earnings % 10.08%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	32.92%	32.92%	0.00%	42.35%	35.37%
Cash	2.35%	2.72%	0.37%	12.77%	0.00%
Non US Stock	1.00%	1.00%	0.00%	8.75%	8.03%
Not Classified	0.07%	0.07%	0.00%	0.66%	0.00%
Other	8.68%	8.68%	0.00%	8.25%	4.52%
US Stock	54.99%	55.26%	0.27%	53.77%	52.06%

Top Holdings

Name	Weight	Owned	Change
MICROSOFT CORP	5.57%	-	-
T. Rowe Price Government Reserve Fund	4.21%	-	-
UNITED STATES TREASURY NOTE/BOND	2.22%	-	-
ALPHABET INC	2.75%	-	-
AMAZON.COM INC	4.12%	-	-
UNITEDHEALTH GROUP INC	2.47%	-	-
NVIDIA CORP	5.00%	-	-
INTUIT INC	2.02%	-	-
BECTON DICKINSON CO	2.79%	-	-
ROPER TECHNOLOGIES INC	2.54%	-	-
FORTIVE CORP	2.50%	-	-
APPLE INC	4.37%	-	-
META PLATFORMS INC	2.21%	-	-

See the full breakdown of PRWCX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	11.37%	15.88%	7.64%	0.01%
Bond Sector	Corporate	11.37%	19.62%	46.53%	27.47%
Bond Sector	Derivative	11.37%	6.52%	0.00%	0.00%
Bond Sector	Government	11.37%	40.60%	45.66%	49.10%
Bond Sector	Municipal	11.37%	0.16%	0.00%	0.03%
Bond Sector	Securitized	11.37%	17.23%	0.17%	23.39%
Cyclical	Basic Materials	0.00%	2.83%	0.00%	2.56%
Cyclical	Consumer Cyclical	10.78%	10.42%	0.00%	10.55%
Cyclical	Financial Services	7.49%	15.67%	0.00%	14.67%
Cyclical	Real Estate	0.00%	1.76%	0.00%	2.24%
Defensive	Consumer Defensive	1.12%	4.96%	0.00%	4.70%
Defensive	Healthcare	20.07%	10.74%	0.00%	9.66%
Defensive	Utilities	11.37%	3.08%	0.00%	2.34%
Sensitive	Communication Services	9.52%	9.41%	0.00%	9.67%
Sensitive	Energy	1.78%	3.23%	0.00%	3.05%
Sensitive	Industrials	1.78%	9.83%	0.00%	9.66%
Sensitive	Technology	36.09%	28.07%	0.00%	30.89%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.33%	-	0.29%
Americas	North America	87.25%	100.00%	87.95%
Greater Asia	Asia Developed	1.82%	-	0.94%
Greater Asia	Asia Emerging	1.03%	-	0.95%
Greater Asia	Australasia	0.42%	-	0.70%
Greater Asia	Japan	1.84%	-	2.46%
Greater Europe	Africa/Middle East	0.25%	-	0.29%
Greater Europe	Europe Developed	5.12%	-	4.93%
Greater Europe	Europe Emerging	0.06%	-	0.08%
Greater Europe	United Kingdom	1.88%	-	1.42%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-18	$0.805	$0.805	USD	-	2024-12-17	2024-12-19	Annual
2023-12-19	$0.715	$0.715	USD	-	2023-12-18	2023-12-20	Annual
2022-12-19	$0.467	$0.467	USD	2022-12-19	2022-12-16	2022-12-20	Annual
2021-12-14	$0.350	$0.350	USD	2021-12-13	2021-12-13	2021-12-15	Annual
2020-12-14	$0.400	$0.400	USD	2020-12-11	2020-12-11	2020-12-15	Annual
2019-12-13	$0.480	$0.480	USD	2019-12-12	2019-12-12	2019-12-16	Annual
2018-12-13	$0.670	$0.670	USD	2018-12-12	2018-12-12	2018-12-14	Other
2017-12-14	$0.370	$0.370	USD	2017-12-13	2017-12-13	2017-12-15	Other
2016-12-14	$0.410	$0.410	USD	2016-12-13	2016-12-13	2016-12-15	Other
2015-12-14	$0.380	$0.380	USD	2015-12-11	2015-12-11	2015-12-15	Other
2014-12-12	$0.370	$0.370	USD	2014-12-12	2014-12-11	2014-12-15	Other
2013-12-13	$0.290	$0.290	USD	2013-12-12	2013-12-12	2013-12-16	Other
2012-12-14	$0.410	$0.410	USD	2012-12-13	2012-12-13	2012-12-17	Other
2011-12-14	$0.330	$0.330	USD	-	2011-12-13	2011-12-15	Annual
2010-12-14	$0.350	$0.350	USD	-	2010-12-13	2010-12-15	Other
2009-12-14	$0.400	$0.400	USD	-	2009-12-11	2009-12-15	Annual
2008-12-12	$0.380	$0.380	USD	-	2008-12-11	2008-12-15	Other
2007-12-18	$0.530	$0.530	USD	-	2007-12-17	2007-12-19	Other
2006-12-19	$0.500	$0.500	USD	-	2006-12-18	2006-12-20	Other
2005-12-13	$0.300	$0.300	USD	-	2005-12-12	2005-12-14	Other
2004-12-14	$0.290	$0.290	USD	-	2004-12-13	2004-12-15	Other
2003-12-17	$0.260	$0.260	USD	-	2003-12-16	2003-12-18	Other
2002-12-18	$0.280	$0.280	USD	-	2002-12-17	2002-12-19	Other
2001-12-12	$0.380	$0.380	USD	-	2001-12-11	2001-12-13	Other
2000-12-13	$0.450	$0.450	USD	-	2000-12-12	2000-12-14	Other
1999-12-15	$0.500	$0.500	USD	-	1999-12-14	1999-12-16	Other
1998-12-16	$0.500	$0.500	USD	-	1998-12-15	1998-12-17	Other
1997-12-29	$0.500	$0.500	USD	-	1997-12-26	1997-12-29	Other
1996-12-27	$0.600	$0.600	USD	-	1996-12-26	1996-12-30	Other
1995-12-27	$0.440	$0.440	USD	-	1995-12-26	1995-12-28	Other
1994-12-28	$0.350	$0.350	USD	-	1994-12-27	1994-12-29	Other
1993-12-22	$0.180	$0.180	USD	-	1993-12-21	1993-12-31	Other
1992-12-23	$0.500	$0.500	USD	-	1992-12-22	1993-01-04	Other
1991-12-23	$0.430	$0.430	USD	-	1991-12-20	1992-01-02	Other
1990-12-20	$0.390	$0.390	USD	-	1990-12-19	1991-01-02	Other
1989-12-22	$0.450	$0.450	USD	-	-	-	-
1989-12-21	$1.810	$1.810	USD	-	1989-12-20	1990-01-02	Other
1988-12-20	$0.270	$0.270	USD	-	1988-12-19	1989-01-03	Other
1988-01-22	$0.010	$0.010	USD	-	-	-	-
1987-12-31	$0.150	$0.150	USD	-	1987-12-29	1988-01-04	Other
1987-12-18	$0.340	$0.340	USD	-	1987-12-17	1988-01-04	Annual
1987-01-12	$0.140	$0.140	USD	-	-	-	-

T. Rowe Price Capital Appreciation Fund NMFQS:PRWCX