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T. Rowe Price Capital Appreciation Fund I Class (TRAIX)

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34.87 -0.19    -0.54%
27/12 - Closed. Currency in USD
  • Morningstar Rating:
  • Total Assets: 28.75B
Type:  Fund
Market:  United States
Issuer:  T. Rowe Price
Asset Class:  Equity
T. Rowe Price Capital Appreciation I 34.87 -0.19 -0.54%

TRAIX Overview

 
On this page you'll find an in-depth profile of T. Rowe Price Capital Appreciation Fund I Class. Learn about the key management, total assets, investment strategy and contact information of TRAIX among other information.
Category

Allocation--50% to 70% Equity

Total Assets

28.75B

Expenses

0.58%

Inception Date

42355

Investment 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.

Contact Information

Address The Gate, Level 15, Office 24
Dubai,Dubai XXXXXX
United Arab Emirates
Phone 97 14 401 9266

Top Executives

Name Title Since Until
David R. Giroux Vice President 2006 Now
Biography David R. Giroux, CFA, is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc. Mr. Giroux is a portfolio manager, Chief Investment Officer, U.S. Equity Multi-Discipline, and president and chairman of the Investment Advisory Committee. Mr. Giroux joined the firm in 1998 and, until 2006, had analytical responsibility for the firm’s investments in the industrials and automotive sectors. As an analyst, Mr. Giroux covered the automotive sector. Mr. Giroux has a B.A. in Finance and Political Economy from Hillsdale College. Mr. Giroux is also a chartered financial analyst.
Jeffrey W. Arricale Deputy Director 2006 2007
Biography Jeffrey Arricale, Deputy Director and Global Equity Research, joined Lord, Abbett & Co. LLC in 2012. Arricale is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc., and a portfolio manager and research analyst in the Equity Division following life assurance, asset managers, and investment banks under the financial services industry. Jeff joined the firm in January 2001 after serving as a summer intern at T. Rowe Price in 2000, covering technology companies. Prior to this, Jeff was a manager in the auditing division of KPMG LLP.
Stephen W. Boesel Managing Director and portfolio manager 2001 2006
Biography Boesel joined T. Rowe Price Associates in 1973 and is now a managing director and portfolio manager. Previously, he was a senior research analyst at National City Bank. Boesel is a member of the Baltimore Security Analysts Society and the Association of Investment Management and Research.
Richard P. Howard Senior Vice President 1989 2001
Biography Howard joined T. Rowe Price Associates in 1982, initially researching natural-resource and related securities. Prior to 1982, Howard worked as a senior industry specialist for Fidelity Management & Research and for CG Investment Management Company. Howard is a member and past president of the Baltimore Security Analysts Society and a member of the National Association of Petroleum Investment Analysts.
Richard H. Fontaine Vice President, Portfolio Manager 1986 1989
Biography In January 1989, Fontaine became president and chief investment officer of Richard Fontaine Associates. He served as a vice president and investment manager at T. Rowe Price Associates from 1981 to 1988. As a portfolio manager, he seeks capital appreciation based on four tenets: valuation, contrary thinking, opportunistic execution, and preservation of principal. Fontaine has completed NASD Series 7, 26, 63, and 65. Born June 29, 1951 in Westerly, Rhode Island, he has four children.
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