PACLX – T. Rowe Price Capital Appreciation Adv Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. 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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PRWCX	T. Rowe Price Capital Appreciation Fund	No Load	Limited			Jun 30, 1986	$36.74B	0.710%	Average	$2,500	−$3.64B
PACLX	T. Rowe Price Capital Appreciation Fund Advisor Class	No Load	Limited			Dec 31, 2004	$805.58M	0.980%	Above Average	$2,500	−$97.81M
TRAIX	T. Rowe Price Capital Appreciation Fund I Class	Institutional	Limited			Dec 17, 2015	$32.68B	0.580%	Below Average	$500,000	−$2.32B

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