PAWAX Performance — T. Rowe Price All-Cap Opportunities Fund, Advisor Class
Data updated: 2026-08-27
PAWAX returned +1.03% year to date and +9.48% over one year to Jun 2026. Annualised returns are +16.94% over 3 years and +9.26% over 5 years. The fund trailed its US Large Growth category average: $100 invested three years ago grew to $160, against $175 for the category, and to $109 over one year, against $117. Volatility over the past three years was 13.25% a year. In the 12 months to Jun 2026 the fund lost a net $2.0B, and assets reached $14.63B.
PAWAX Growth of $100
What $100 invested in T. Rowe Price All-Cap Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | PAWAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $109 | $117 |
| 3 years (Jul 2023 – Jun 2026) | $160 | $175 |
| 5 years (Jul 2021 – Jun 2026) | $156 | $166 |
| Since data start (Jul 2019 – Jun 2026) | $284 | $271 |
PAWAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.03% |
| 1 year | +9.48% |
| 3 years (annualised) | +16.94% |
| 5 years (annualised) | +9.26% |
PAWAX Annual Returns
Calendar-year total returns of T. Rowe Price All-Cap Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.03% |
| 2025 | +16.00% |
| 2024 | +24.86% |
| 2023 | +28.73% |
| 2022 | −21.53% |
| 2021 | +20.50% |
| 2020 | +44.29% |
| 2019 (Jul–Dec) | +10.57% |
PAWAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.9% | −2.7% | −6.3% | +8.7% | +2.3% | +0.6% | — | — | — | — | — | — |
| 2025 | +4.1% | −2.6% | −5.9% | +0.5% | +5.6% | +5.8% | +1.6% | +2.1% | +3.8% | +1.3% | −0.2% | −0.4% |
| 2024 | +2.9% | +7.0% | +3.0% | −4.3% | +4.8% | +4.2% | −0.6% | +2.6% | +1.6% | −1.2% | +6.3% | −3.2% |
| 2023 | +6.0% | −2.1% | +3.1% | +2.1% | +1.3% | +6.4% | +4.2% | −1.0% | −4.3% | −1.5% | +8.0% | +3.9% |
| 2022 | −7.0% | −1.3% | +2.1% | −10.3% | −1.3% | −7.8% | +8.9% | −4.6% | −7.9% | +8.3% | +4.4% | −5.4% |
| 2021 | −1.4% | +5.2% | +0.2% | +6.7% | −0.4% | +3.6% | +2.2% | +1.8% | −4.4% | +4.7% | −1.3% | +2.5% |
| 2020 | +3.0% | −6.3% | −10.8% | +15.8% | +7.0% | +5.4% | +8.3% | +7.1% | −4.1% | −1.5% | +11.8% | +4.8% |
| 2019 | — | — | — | — | — | — | +1.8% | −2.1% | +0.3% | +2.6% | +4.7% | +2.9% |
PAWAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.25%
- 3-year Sharpe ratio: 0.94 (vs 4.5% risk-free rate)
- Best month: +8.69% (Apr 2026)
- Worst month: −6.30% (Mar 2026)
PAWAX Fund Flows
Monthly money in and out of T. Rowe Price All-Cap Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.0B
- 12-month gross sales (incl. reinvestments): $3.5B
- Sales ÷ redemptions: 0.64×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $121.6M | $614.3M | −$492.7M |
| May 2026 | $108.5M | $621.2M | −$512.7M |
| Apr 2026 | $130.0M | $520.0M | −$390.0M |
| Mar 2026 | $149.2M | $413.5M | −$264.4M |
| Feb 2026 | $190.7M | $511.2M | −$320.5M |
| Jan 2026 | $195.6M | $464.1M | −$268.5M |
| Dec 2025 | $1.5B | $502.6M | $967.6M |
| Nov 2025 | $234.5M | $360.4M | −$125.8M |
| Oct 2025 | $296.7M | $448.7M | −$151.9M |
| Sep 2025 | $196.6M | $269.1M | −$72.6M |
| Aug 2025 | $225.3M | $401.6M | −$176.3M |
| Jul 2025 | $201.9M | $345.2M | −$143.4M |
PAWAX Assets Under Management
Net assets of T. Rowe Price All-Cap Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $14.63B |
| 2026-03-31 | $14.36B |
| 2025-12-31 | $16.76B |
| 2025-09-30 | $17.26B |
| 2025-06-30 | $16.40B |
| 2025-03-31 | $14.78B |
| 2024-12-31 | $15.04B |
| 2024-09-30 | $14.81B |
| 2024-06-30 | $14.20B |
| 2024-03-31 | $13.23B |
| 2023-12-31 | $11.40B |
| 2023-09-30 | $9.95B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.