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T. Rowe Price All-Cap Opportunities Fund - I Class

PNAIX · NASDAQ

Market closed$78.24$-0.320000 (-0.41%)

Key statistics

Previous close$78.56
Open$78.24
Day high$78.24
Day low$78.24
52-week high$87.34
52-week low$69.23
Market cap7.17B
Volume—
Average volume—
P/E ratio29.85
Forward P/E—
EPS2.62
Dividend yield0.00%

What is happening

Recent company-specific developments and publisher coverage.

July 20, 2026T. Rowe Price All-Cap Opportunities Fund - I Class declined 1.51%, pressured by a risk-off session weighing on asset managers broadly, as the financial services sector faced headwinds from escalating U.S.-Iran tensions pushing oil above $90/bbl, a semiconductor-led tech selloff driven by China AI competition fears, and a BMO Capital downgrade of Charles Schwab to Market Perform — all dampening sentiment despite a strong Q2 earnings backdrop for asset managers like State Street, which posted a 56% profit jump on record AUM.

-1.5106

July 17, 2026T. Rowe Price All-Cap Opportunities Fund - I Class is trading modestly lower as broader market sentiment turns defensive, with the S&P 500 pulling back amid tech-led selling pressure following reports of a new Chinese AI development and rotation out of chip stocks. The financial services sector, however, remains a relative bright spot near 52-week highs, buoyed by a blowout Q2 earnings season for Wall Street banks — Goldman Sachs, JPMorgan, BofA, and Citigroup all beat estimates — lifting asset manager sentiment as rising equity markets expand fee-based AUM.

-0.4012

July 15, 2026T. Rowe Price All-Cap Opportunities Fund - I Class edged higher, buoyed by a powerful tailwind from the broader financial services sector. Major asset managers including BlackRock beat Q2 2026 earnings estimates with record AUM inflows, while Wall Street banks posted blowout results driven by surging trading revenue and investment banking fees. A softer-than-expected June CPI report eased rate hike fears, providing additional support for equity valuations heading into H2 2026.

1.2261

July 13, 2026T. Rowe Price All-Cap Opportunities Fund - I Class edged lower, in line with a cautious market backdrop shaped by renewed U.S.-Iran military strikes, a sharp oil price surge above $79/barrel, and a broad selloff in semiconductor stocks. Parent company T. Rowe Price Group reported June month-end AUM of $1.89 trillion, while Morningstar flagged the financial services sector as the second-worst performer over the past year amid worries about AI disruption and private credit cracks. Investors are focused on Q2 earnings season kicking off this week, headlined by major bank reports on July 14.

-0.6904

July 9, 2026T. Rowe Price All-Cap Opportunities Fund - I Class edged higher as the broader financial sector navigated a complex macro backdrop ahead of the Q2 bank earnings season, with major banks including JPMorgan, Bank of America, and Citigroup set to report on July 14. The fund's modest gain came despite ongoing U.S.-Iran geopolitical tensions that have reignited oil price volatility and inflation concerns, while analyst optimism around strong capital markets activity and resilient consumer credit trends continues to support the asset management sector.

0.7717

July 8, 2026T. Rowe Price All-Cap Opportunities Fund - I Class closed modestly lower, pressured by a broad risk-off session as President Trump declared the U.S.-Iran interim peace agreement 'over,' sending oil prices surging more than 5% and triggering a global equity selloff. The financial services sector also faced headwinds, with the XLF sector ETF retreating on the day as investors weighed rising geopolitical tensions, climbing Treasury yields, and uncertainty ahead of the Federal Reserve's June meeting minutes — a backdrop that weighed on asset managers and broader financial stocks alike.

-1.2401

July 2, 2026T. Rowe Price All-Cap Opportunities Fund - I Class is trading modestly lower, in line with a cautious broader market tone as investors await the June U.S. nonfarm payrolls report. The asset management sector has faced headwinds after a mixed Q1 earnings season — peers including Carlyle, Artisan Partners, and Blackstone all declined sharply following results — while macro uncertainty around Fed rate policy and geopolitical developments with Iran continues to weigh on sentiment. Despite the finance sector posting a strong 10.9% Q2 gain, rising rate expectations and a chip-stock selloff triggered by Meta's cloud ambitions are dampening risk appetite to start the third quarter.

-0.4503

July 1, 2026T. Rowe Price All-Cap Opportunities Fund - I Class edged up nearly 1% on the final trading day of Q2 2026, benefiting from a broadly constructive backdrop for asset managers. The finance sector posted a strong quarter, with the Zacks Finance sector surging 10.9% in Q2 amid a revival in retail trading, higher capital market volumes, and fading recession fears — though it underperformed the S&P 500's stellar 15.5% quarterly gain. As an all-cap equity fund, PNAIX's performance is closely tied to broader equity market health, which remained supported by AI infrastructure optimism and improving corporate earnings estimates despite a hawkish Fed tone and geopolitical uncertainty around U.S.-Iran tensions.

0.9898

24/7 Wall St. · July 19, 2026Active Funds Can’t Beat the S&P 500? This One Didn’t Get the MemoUS News Money · August 28, 2024The Best T. Rowe Price Funds for Retirement

Peers

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