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About T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF
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Inception date
Jun 14, 2023
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
T. Rowe Price Associates, Inc. (IM)
Distributor
T. Rowe Price Investment Services, Inc.
TCAF uses fundamental analysis to evaluate individual stocks based on characteristics such as an experienced and capable management, high potential for risk-adjusted returns, market position and a track record for attractive valuations. The fund typically holds a portfolio of 100 US companies, mostly in the large-cap space. However, the fund may also invest in securities of companies of any capitalization. The main objective of the fund is capital appreciation. In order to achieve this, both growth and value approaches are utilized for TCAFs stock selection process. The fund manager may buy, sell, hold and make decisions at their discretion.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Stocks99.87%
Technology Services29.27%
Electronic Technology20.99%
Health Technology12.83%
Finance8.62%
Utilities7.13%
Retail Trade5.67%
Consumer Services3.48%
Distribution Services2.96%
Energy Minerals2.39%
Health Services2.20%
Producer Manufacturing1.98%
Non-Energy Minerals1.06%
Industrial Services0.52%
Commercial Services0.37%
Transportation0.25%
Consumer Non-Durables0.15%
Bonds, Cash & Other0.13%
Mutual fund0.09%
Cash0.03%
Stock breakdown by region
North America97.39%
Europe2.61%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TCAF invests in stocks. The fund's major sectors are Technology Services, with 29.27% stocks, and Electronic Technology, with 20.99% of the basket. The assets are mostly located in the North America region.
TCAF top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 9.99% and 5.84% of the portfolio correspondingly.
TCAF last dividends amounted to 0.14 USD. The year before, the issuer paid 0.07 USD in dividends, which shows a 51.24% increase.
TCAF assets under management is 4.43 B USD. It's risen 18.59% over the last month.
TCAF fund flows account for 2.70 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TCAF pays dividends to its holders with the dividend yield of 0.44%. The last dividend (Dec 26, 2024) amounted to 0.14 USD. The dividends are paid annually.
TCAF shares are issued by T. Rowe Price Group, Inc. under the brand T. Rowe Price. The ETF was launched on Jun 14, 2023, and its management style is Active.
TCAF expense ratio is 0.31% meaning you'd have to pay 0.31% of your investment to help manage the fund.
TCAF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TCAF invests in stocks.
TCAF price has risen by 10.44% over the last month, and its yearly performance shows a 7.54% increase. See more dynamics on TCAF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.60% over the last month, showed a −3.34% decrease in three-month performance and has increased by 8.18% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 11.60% over the last month, showed a −3.34% decrease in three-month performance and has increased by 8.18% in a year.
TCAF trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.