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The Allocation Fund Investors Wish They Owned

Morningstar's 2017 Allocation Fund Manager of the Year David Giroux has amassed a tremendous record at the closed, Gold-rated T. Rowe Price Capital Appreciation.

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The following is our latest Fund Analyst Report for T. Rowe Price Capital Appreciation (PRWCX). Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. Not a Premium Member? Gain full access to our analyst reports and advanced tools immediately when you try Morningstar Premium free for 14 days.

A proven lead manager, a disciplined investment process, and below-average fees support T. Rowe Price Capital Appreciation's Morningstar Analyst Rating of Gold.

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Leo Acheson does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.