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T. Rowe Price Capital Appreciation and Income Fund in registration
@Tarwheel, in your opinion, is that a good or bad yield for a conservative balanced fund? I have no idea, myself. I rely on total return, which I think has been pretty good so far.
@MikeM — That’s low for a balanced fund with about 60% of assets in bonds and cash, but one month’s data is not enough time to draw conclusions from. The yield in December 2023 was quite a bit higher — about 3.1% if annualized. FMSDX has a similar asset allocation, and it’s currently yielding close to 4%.
Certainly doing very well, but we are just still in the first inning. The portfolio is finally posted. If someone was looking for a different sort of animal compared to PRWCX, they'll be disappointed. But the allocation, as advertised and expected, is tilted heavier toward bonds, and monthly pay-outs are planned. Given the Top 10 in the equities portfolio, I shall stick with PRWCX. No need to re-invent the wheel. Companies I love to hate, anyhow.
I'm all in @Bobpa. One of my largest holdings. Bought at conception. I really haven't paid attention to sort term results. I'm in because it has the same manager and process as PRWCX, albeit a more conservative version.
~35% in u.s. gov bonds, maybe less in feb as AUM @ 2.5X since new via vanguard : ---------------------------- Month end 10 largest holdings-12/31/2023 Rank Holdings % of fund 1 United States Treasury Notes 4.5% 17.13% 2 T. Rowe Price Gov. Reserve 17.09%
Comments
By my calculations, that would amount to a 1.7% yield if it pays at the same rate every month (which is probably unlikely).
Thanks, Derf
via vanguard :
----------------------------
Month end 10 largest holdings-12/31/2023
Rank Holdings % of fund
1 United States Treasury Notes 4.5% 17.13%
2 T. Rowe Price Gov. Reserve 17.09%