.....And the wonderful young agent was, typically, tripping over himself with multi-syllabic utterances so that he would
sound intelligent and informative, grasping at different words in order not to be repetitive, and so that there would not be any "dead air" between us. Jay-zuz, I hate that. I suppose they are TRAINED never to use the word "no," even when "no" is the appropriate, true and correct reply. And if they dare to simply communicate within a common sense framework, they'd earn demerits. I guess the trainer-types have all forgotten the 13th Commandment: ESCHEW OBFUSCATION.
..... That 5 minute conversation should have taken maybe 90 seconds. At least, amid all the pap flapping around me from his end,
I was informed that there is no way to figure out or plan for just when that fund may open for business, and no way to let me--- and interested folks like me--- know when it happens.
Interesting summary prospectus, though. Already posted here, and I bookmarked it. Monthly pay-outs. Stock-bond split that is divided more evenly than the PRWCX which we all already know and love. I'm interested because I'm looking to grow my dividends these days, preparing to start taking divs. rather than re-investing them. And TCAPX can hold foreign securities, too, though not in amounts that would make it function like my current holdings, PRSNX or PREMX. Yes, I'm ALMOST married to TRP. I have a good slug in Mairs & Power, too, and then just a couple of very small other holdings. Here's that link, again:
https://www.sec.gov/Archives/edgar/data/1689311/000168931117000021/canpta-may35.htm
Comments
Here is a response from TRP that was recently posted to the M* forum site:
"This being Nov 7, I checked on the status of this fund with TRP today. I was informed that the inception date has been postponed to "the middle of next year". Vague explanation, no additional information available.
See:
http://socialize.morningstar.com/NewSocialize/forums/p/377522/3871721.aspx#PageIndex=2
I had planned to put some available $'s into TCAPX instead of adding to my existing investment in VWINX.....but may rethink that plan....