Parnassus (PARNX)

41.49 +2.84  +7.35% Apr 6 USD
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Key Stats

Net Asset Value 41.49
Turnover Ratio 43.61%
1 Year Fund Level Flows -100.35M

Performance & Returns

  Total Return Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M -11.23% -18.06% 54
3M -18.02% -24.14% 45
6M -11.70% -16.01% 60
YTD -17.79% -24.08% 46
1Y -9.05% -14.61% 57
3Y 2.32% 1.47% 74
5Y 4.43% 3.61% 66
10Y 9.64% 8.28% 45
15Y 8.57% 6.32% 5
20Y 4.57% 4.29% 59
As of April 6, 2020. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 2.74% 2.74% 0.00%
Stock 97.26% 97.26% 0.00%
Bond 0.00% 0.00% 0.00%
Convertible 0.00% 0.00% 0.00%
Preferred 0.00% 0.00% 0.00%
Other 0.00% 0.00% 0.00%
As of Feb. 29, 2020

Region Exposure

Americas 94.14%
North America 94.14%
Latin America 0.00%
Greater Europe 5.86%
United Kingdom 3.12%
Europe Developed 2.74%
Europe Emerging 0.00%
Africa/Middle East 0.00%
Greater Asia 0.00%
Japan 0.00%
Australasia 0.00%
Asia Developed 0.00%
Asia Emerging 0.00%
Market Classification
% Developed Markets 100.0%
% Emerging Markets 0.00%
As of Feb. 29, 2020. Region breakdown data is calculated by using the long position holdings of the portfolio.

Stock Sector Exposure

Basic Materials 5.70%
Communication Services 7.49%
Consumer Cyclical 6.53%
Consumer Defensive 6.66%
Energy 0.00%
Financial Services 12.32%
Healthcare 17.23%
Industrials 11.77%
Real Estate 3.87%
Technology 28.43%
Utilities 0.00%
As of Feb. 29, 2020

Stock Market Capitalization

Giant 29.40%
Large 44.63%
Medium 25.97%
Small 0.00%
Micro 0.00%
As of Feb. 29, 2020

Stock Style Exposure

Large Cap Value 7.88%
Large Cap Blend 29.57%
Large Cap Growth 36.59%
Mid Cap Value 6.98%
Mid Cap Blend 5.91%
Mid Cap Growth 13.08%
Small Cap Value 0.00%
Small Cap Blend 0.00%
Small Cap Growth 0.00%
As of Feb. 29, 2020
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
MSFT Microsoft Corp 6.02% 165.27 +7.44%
TRI.TO Thomson Reuters Corp 4.59% 96.85 +3.26%
MDLZ Mondelez International Inc Class A 4.12% 52.03 +2.44%
NVDA NVIDIA Corp 3.93% 268.40 +10.04%
GOOGL Alphabet Inc A 3.87% 1183.40 +8.30%
TMUS T-Mobile US Inc 3.41% 86.09 +5.01%
CERN Cerner Corp 3.33% 63.96 +2.71%
MSI Motorola Solutions Inc 3.14% 140.90 +11.28%
LIN Linde PLC 3.04% 175.92 +8.51%
XRAY Dentsply Sirona Inc 3.02% 37.73 +6.43%
As of Feb. 29, 2020
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Basic Info

Investment Strategy
The investment seeks capital appreciation. The fund invests in undervalued stocks. It follows a "contrarian" strategy of seeking to invest in stocks that are currently out of favor with the financial community and are therefore deeply undervalued. The fund's investment adviser expects that if these undervalued companies are financially strong and have good prospects for the future, they will come back into favor and increase in market value. It is a "multi-cap" fund in that it can invest in companies of any size, from larger, well-established companies to smaller companies.
General
Security Type Mutual Fund
Oldest Share Symbol PARNX
Equity Style Large Cap/Growth
Fixed Income Style --
Broad Asset Class US Equity
Broad Category Equity
Category Name Large Blend
Prospectus Objective Growth
Fund Owner Firm Name Parnassus
Benchmark Index
S&P 500 TR USD 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
Ian Sexsmith 6.84 yrs
Robert Klaber 3.83 yrs

Share Classes

Symbol Share Class
PFPRX Inst

Net Fund Flows

1M -19.56M
3M -29.34M
6M -44.17M
YTD -29.34M
1Y -100.35M
3Y -246.36M
5Y -152.65M
10Y -154.87M
As of March 31, 2020

Risk Info

Beta (5Y) 1.008
Historical Sharpe Ratio (10Y) 0.6194
Historical Sortino (All) 0.5803
Daily Value at Risk (VaR) 1% (All) 3.66%
Monthly Value at Risk (VaR) 1% (All) 17.39%

Fundamentals

Dividend Yield TTM (4-6-20) 3.08%
30-Day SEC Yield --
7-Day SEC Yield --
Weighted Average PE Ratio 25.85
Weighted Average Price to Sales Ratio 2.759
Weighted Average Price to Book Ratio 3.746
Weighted Median ROE 22.61%
Weighted Median ROA 9.56%
Forecasted Dividend Yield 1.30%
Forecasted PE Ratio 20.41
Forecasted Price to Sales Ratio 2.482
Forecasted Price to Book Ratio 3.235
Number of Holdings 37
As of Feb. 29, 2020

Growth Estimates

Forecasted 5 Yr Earnings Growth 9.58%
Forecasted Book Value Growth 5.40%
Forecasted Cash Flow Growth 5.97%
Forecasted Earnings Growth 15.43%
Forecasted Revenue Growth 6.01%
As of Feb. 29, 2020

Comparables

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Attributes

Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment 2000.00 USD
Minimum Subsequent Investment 50.00 USD
Fees
Actual 12B-1 Fee --
Actual Management Fee 0.62%
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
Key Dates
Inception Date 12/27/1984
Termination Date
Last Annual Report Date 12/31/2019
Last Prospectus Date 3/17/2020
Attributes
Exchange Traded Share No
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund Yes
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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