Parnassus Core Equity Fund - Investor Shares (PRBLX)
| 39.32 Net Asset Value | -0.91% 1 Day | -3.37% Year-to-Date | Overall Morningstar Rating |
| Large blend Style or Category | No Load Sales Expenses | 0.87% Expense Ratio | Below Average Morningstar Risk Rating™ |
Investment Objective The investment seeks to achieve both capital appreciation and current income.
The Parnassus Core Equity Fund's objective is to achieve both capital appreciation and current income by investing primarily in a diversified portfolio of equity securities. Equity securities include common and preferred stock. Under normal circumstances, the fund will invest a minimum of 80% of its net assets (plus borrowings for investment purposes) in equity securities. At least 75% of the fund's total assets will normally be invested in equity securities that pay interest or dividends.
Performance
| 1 month | -4.38% | 3 years | +18.76% | |
| 3 months | +0.26% | 5 years | +14.77% | |
| 1 year | +14.47% | Since inception | +11.03% |
Data through --
Peer Comparisonvs. Large blend
| PRBLX | Category | |
|---|---|---|
| Performance 5-yr return | +14.77% | +13.88% |
| Expense ratio | 0.87% | 1.13% |
| Risk 5 year sharpe ratio | 1.21 | 1.03 |
| Net assets | $11.6B | $3.7B |
| Average market cap | $30.8B | $100.3B |
| Average P/E | 23.1 | 16.9 |
| Portfolio turnover | 17% | 17% |
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Fund Management and Purchase Info
| Fund family | Parnassus |
| Fund manager & tenure | Todd Ahlsten / 13 Years |
| Minimal initial investment | $2,000.00 |
| Minimum IRA investment | $500.00 |
Holdings
| U.S. stock | 86.73% |
| International stock | 8.18% |
| Cash | 5.09% |
| Fixed income | 0.00% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Financial service | 18.54% |
| Industrial materials | 16.59% |
| Telecommunication | 11.46% |
| Healthcare | 10.52% |
| Energy | 10.21% |
Top 10 HoldingsPortfolio weighting
| AMAT Applied Materials Inc | 3.88% |
| PNR Pentair PLC | 3.72% |
| MSI Motorola Solutions Inc | 3.71% |
| AGN Allergan Inc | 3.40% |
| IRM Iron Mountain Inc | 3.31% |
| PG Procter & Gamble Co | 3.31% |
| QCOM Qualcomm Inc | 3.22% |
| NOV National Oilwell Varco Inc | 3.06% |
| GOOG Google Inc Class C | 3.03% |
| CVS CVS Health Corp | 2.94% |
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