T. Rowe Price Capital Opportunity Fund (PRCOX)
Ticker Symbol:
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Objective
Quick Stats
Fiscal Year End  December
Morningstar Category  Large Blend
Inception Date 11/30/1994
Tax ID 52-1905304
Investment Objective
The fund seeks to provide long-term capital growth by investing primarily in U.S. common stocks.
A team of T. Rowe Price equity analysts selects stocks for the fund from the industries they cover based on rigorous fundamental analysis that assesses the quality of the business franchise, earnings growth potential for the company, and value of the stock.

The fund’s sector weightings are approximately the same as those of the Standard & Poor’s 500 Stock Index® (S&P 500 Index). The majority of the fund’s assets will be invested in large-capitalization U.S. common stocks, but small- and mid-capitalization and foreign stocks may also be purchased in keeping with fund objectives. In addition, the fund may buy some securities that do not meet its normal investment criteria when it perceives an unusual opportunity for gain.
Risk/Reward Potential*
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The fund offers the possibility of attractive returns through a disciplined portfolio construction process and emphasis on stock selection by our industry-focused analysts. In addition, the fund’s flexible strategy, which gives the management team the latitude to diversify throughout nearly any industry or company size and use either a value or growth approach to select stocks, may help reduce the fund's risk.

There is no guarantee that the fund’s investment approach will succeed, and, as with all equity funds, this fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings. Stocks of growth companies could have sharp price declines if their earnings disappoint investors. Stocks believed to be undervalued (i.e., value stocks) may actually be appropriately priced or may have an intrinsic value that is not recognized by the market for a long time. Small and medium-sized companies held by the fund should generally be more volatile than larger companies, and foreign stock holdings may lose value because of declining foreign currencies or adverse political or economic events overseas.
* Annually we evaluate the standard deviation of each US mutual fund listed and its resulting placement within specific risk/return categories.

Methodology: If a fund is at least 5 year old, it is generally placed in risk/return categories based on the standard deviation of its performance for the longest period of its calendar year returns; the longest time period used for analysis is 10 years (regardless of the fund's inception). If a fund is less than 5 years old, we generally use the fund's primary benchmark disclosed in its prospectus as a proxy and follow the same process of using 10-year standard deviation of the benchmark, or longest time period available. The firm at its sole discretion may show a fund in a higher risk category based on qualitative or other factors that may differ from this methodology.
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