The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PACLX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PACLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PACLX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A manager unlike any other.
Jason Kephart
Director
Summary
Investors in T. Rowe Price Capital Appreciation are in the hands of an exceptional portfolio manager.