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PARWX Parnassus Endeavor Investor

  • Fund
  • PARWX
  • Price as of: Dec 09, 2016
  • $33.49
  • - $0.06
  • - 0.18%
  • Category
  • Large Cap Growth Equities

PARWX - Profile

Vitals

  • YTD Return 19.3%
  • 3 Yr Annualized Return 14.6%
  • 5 Yr Annualized Return 18.5%
  • Net Assets $2.35 B
  • Holdings in Top 10 48.1%

52 WEEK LOW AND HIGH

$33.49
$24.67
$33.55

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.98%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 63.23%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$500

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 19.3%
  • 3 Yr Annualized Total Return 14.6%
  • 5 Yr Annualized Total Return 18.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.56%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name Parnassus Endeavor Fund
  • Fund Family Name Parnassus
  • Inception Date Apr 29, 2005
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Jerome L. Dodson

Fund Description

The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in companies believed by the fund's investment adviser to provide good workplaces for their employees. Companies with good workplaces usually are able to recruit and retain better employees, and perform at a higher level than competitors in terms of innovation, productivity, customer loyalty and profitability. These companies must, in the adviser's opinion, be undervalued, but they must also have good prospects for long-term capital appreciation over the course of the expected holding period.

PARWX - Performance

Return Ranking - Trailing

Period PARWX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 19.3% -97.0% 126.7% 0.26% 1
1 Yr 17.6% -52.0% 75.7% 1.23% 1
3 Yr 14.6% * -15.1% 30.2% 0.14% 1
5 Yr 18.5% * 3.8% 18.5% 0.08% 1
10 Yr 11.9% * -0.3% 11.9% 0.09% 1

* Annualized


Return Ranking - Calendar

Period PARWX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.3% -52.0% 11.4% 61.09% 4
2014 11.0% -40.3% 19.3% 6.91% 1
2013 21.7% -11.8% 56.4% 71.09% 4
2012 12.9% -21.6% 29.1% 58.07% 3
2011 -5.6% -36.6% 14.5% 69.92% 4

Total Return Ranking - Trailing

Period PARWX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 19.3% -97.0% 131.7% 0.26% 1
1 Yr 17.6% -71.3% 2606.2% 0.84% 1
3 Yr 14.6% * -21.9% 43.7% 0.35% 1
5 Yr 18.5% * 2.6% 19.7% 0.08% 1
10 Yr 11.9% * -0.9% 11.9% 0.09% 1

* Annualized


Total Return Ranking - Calendar

Period PARWX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 3.7% -38.0% 19.0% 45.49% 3
2014 22.5% -17.3% 28.8% 0.72% 1
2013 44.9% -2.9% 382.6% 56.13% 3
2012 38.6% -13.0% 615.0% 13.58% 1
2011 -3.1% -100.0% 67.8% 50.36% 3

NAV & Total Return History

PARWX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

PARWX Category Low Category High PARWX % Rank Quintile
Net Assets 2.35 B 373 K 146 B 7.39% 2
Number of Holdings 24 1 2199 12.02% 5
Net Assets in Top 10 940 M 0 36 B 6.36% 2
Weighting of Top 10 48.1% 0.0% 150.9% 4.76% 1

Top 10 Holdings

  1. International Business Machines Corp 4.71%
  2. Applied Materials Inc 4.39%
  3. Qualcomm Inc 4.74%
  4. American Express Co 5.01%
  5. Micron Technology Inc 6.05%
  6. Gilead Sciences Inc 4.71%
  7. Perrigo Co PLC 4.68%
  8. Whole Foods Market Inc 4.66%
  9. Wells Fargo & Co 4.59%
  10. Deere & Co 4.51%

Asset Allocation

Weighting Category Low Category High PARWX % Rank Quintile
Stocks
83.48% 0.00% 110.73% 23.39% 5
Cash
16.52% -10.73% 100.00% 0.64% 1
Other
0.00% -1.57% 24.55% 7.33% 3
Convertible Bonds
0.00% 0.00% 3.55% 0.71% 2
Preferred Stocks
0.00% 0.00% 5.54% 2.44% 3
Bonds
0.00% -0.14% 76.74% 3.53% 2

Stock Sector Breakdown

Weighting Category Low Category High PARWX % Rank Quintile
Technology
36.74% -1.29% 53.71% 1.93% 1
Financial Services
19.48% -2.38% 33.61% 2.76% 1
Healthcare
12.31% -1.03% 91.28% 21.27% 5
Industrials
10.29% -0.37% 25.68% 12.98% 3
Consumer Defense
4.66% -1.43% 27.63% 20.24% 4
Utilities
0.00% -0.64% 11.30% 8.10% 3
Energy
0.00% -1.24% 16.88% 21.66% 5
Communication Services
0.00% 0.00% 12.93% 20.37% 5
Real Estate
0.00% -0.04% 11.06% 14.14% 4
Consumer Cyclical
0.00% -2.22% 49.24% 29.11% 5
Basic Materials
0.00% -1.18% 12.25% 19.34% 5

Stock Geographic Breakdown

Weighting Category Low Category High PARWX % Rank Quintile
US
83.48% 0.00% 110.73% 24.23% 5
Non US
0.00% 0.00% 89.90% 23.71% 5

PARWX - Expenses

Operational Fees

PARWX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.98% 0.00% 24.91% 12.80% 2
Management Fee 0.71% 0.00% 1.50% 2.25% 4
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 1.00% N/A N/A

Sales Fees

PARWX Fees (% of AUM) Category Low Category High PARWX Rank Quintile
Front Load N/A 1.50% 8.50% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

PARWX Fees (% of AUM) Category Low Category High PARWX Rank Quintile
Max Redemption Fee N/A 0.05% 5.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PARWX Fees (% of AUM) Category Low Category High PARWX Rank Quintile
Turnover 63.23% 0.00% 601.00% 6.95% 4

PARWX - Distributions

Dividend Yield Analysis

PARWX Category Low Category High PARWX % Rank Quintile
Dividend Yield 0.5% 0.00% 2.85% 3.58% 1

Dividend Distribution Analysis

PARWX Category Low Category High Category Mode
Dividend Distribution Frequency None Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

PARWX Category Low Category High PARWX % Rank Quintile
Net Income Ratio 0.56% -7.69% 3.70% 7.01% 1

Capital Gain Distribution Analysis

PARWX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

PARWX - Managers

Jerome L. Dodson

Manager

Start Date

Apr 29, 2005

Tenure

11.6

Tenure Rank

3.1%

Jerome L. Dodson is the Founder and President of Parnassus Investments. He is the lead Portfolio Manager of the Parnassus Multi-Cap Equity strategy and the Parnassus Asia Pacific Equity strategy and is the sole Portfolio Manager of the Parnassus Endeavor Equity strategy. Prior to founding Parnassus Investments in 1984, he served as President and Chief Executive Officer of Continental Savings of America from 1976 to 1982, where he started the “Solar T-Bill” program to finance solar energy installations and also developed innovative programs to finance low and moderate income housing. Mr. Dodson received his bachelor’s degree in political science from the University of California, Berkeley and his master’s degree in business administration from Harvard Business School.


Tenure Analysis

Category Low

0.0

Category High

49.0

Category Average

7.2

Category Mode

1.9