T. Rowe Price Value Fund Advisor Class
PAVLX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 East Pratt Street Baltimore MD United States of America 21202
- IPO Date
- Mar 31, 2000
- CIK
- 0000927845
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Value Fund Advisor Class (PAVLX) is an open-end mutual fund managed by T. Rowe Price Group, Inc. that seeks long-term capital appreciation through investments in common stocks of companies regarded as undervalued; income is a secondary objective. The fund normally invests at least 65% of its total assets in a portfolio of equity securities, with a focus on large-cap value stocks across sectors including financial services (21.95%), industrials (16.00%), healthcare (12.12%), technology (9.38%), and consumer cyclical (9.05%); top holdings include JPMorgan Chase & Co. (3.86%), Berkshire Hathaway Inc. (3.31%), Keysight Technologies Inc. (2.13%), Deere & Co. (1.93%), and Charles Schwab Corp. (1.87%). It maintains diversification with approximately 96.86% in U.S. stocks, 2.57% in non-U.S. stocks, and minimal cash (0.58%), primarily targeting institutional and individual investors in the United States through financial intermediaries. Launched on March 31, 2000, as an Advisor Class share of the broader T. Rowe Price Value Fund (with the original fund inception on September 30, 1994), PAVLX features a net expense ratio of 0.94-0.95%, a minimum initial investment of $2,500, and daily pricing. The fund is managed by Ryan Hedrick since January 1, 2023, with total net assets of approximately $29.61 billion across the fund family and a share class size of $225.31 million. T. Rowe Price Group, Inc., the fund's investment manager, was founded in 1937 and is headquartered at 100 East Pratt Street in Baltimore, Maryland, with additional offices across the United States and internationally, serving clients in over 50 countries. Recent developments at T. Rowe Price Group include a strategic partnership announced on February 3, 2025, with Oak Hill Advisors (OHA), its alternative credit subsidiary, and Aspida Holdings Ltd. to manage public and private assets for insurance clients, explore product development, and support Aspida's growth, building on T. Rowe Price's prior minority equity investment in Aspida. In September 2025, T. Rowe Price entered a multi-year collaboration with Goldman Sachs Group Inc., under which Goldman committed up to $1 billion to purchase T. Rowe Price stock and the firms will jointly develop and offer private-market investment products to retail and retirement investors, with new launches expected by mid-2026. These alliances underscore T. Rowe Price's expansion into insurance asset management, alternatives, and private markets amid $1.6 trillion in total assets under management.