PARWX: Parnassus Endeavor Investor

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PARWX Parnassus Endeavor Investor


Profile

PARWX - Profile

Vitals

  • YTD Return -7.7%
  • 3 Yr Annualized Return -1.4%
  • 5 Yr Annualized Return 2.1%
  • Net Assets $2.81 B
  • Holdings in Top 10 57.5%

52 WEEK LOW AND HIGH

$35.24
$25.23
$40.18

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.97%

SALES FEES

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

BROKERAGE FEES

  • Turnover 57.29%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA $500

Fund Classification


Distributions

  • YTD Total Return -7.7%
  • 3 Yr Annualized Total Return 4.3%
  • 5 Yr Annualized Total Return 8.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.73%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jerome 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.


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Categories

Performance

PARWX - Performance

Return Ranking - Trailing

Period PARWX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.7% -36.9% 1873.3% 76.68%
1 Yr 1.4% -73.2% 1983.6% 33.25%
3 Yr -1.4%* -33.7% 187.4% 66.64%
5 Yr 2.1%* -21.2% 93.8% 46.88%
10 Yr 6.5%* -6.6% 38.7% 48.67%

* Annualized

Return Ranking - Calendar

Period PARWX Return Category Return Low Category Return High Rank in Category (%)
2019 32.2% -72.6% 39.5% 2.26%
2018 -22.4% -67.0% 10.0% 86.07%
2017 12.7% -32.8% 33.2% 58.67%
2016 17.5% -18.6% 19.7% 0.63%
2015 -6.3% -35.5% 7.8% 57.89%

Total Return Ranking - Trailing

Period PARWX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.7% -36.9% 1873.3% 76.68%
1 Yr 1.4% -73.2% 1983.6% 33.16%
3 Yr 4.3%* -33.7% 187.4% 49.58%
5 Yr 8.4%* -16.2% 93.8% 15.70%
10 Yr 13.2%* -4.5% 38.7% 3.45%

* Annualized

Total Return Ranking - Calendar

Period PARWX Return Category Return Low Category Return High Rank in Category (%)
2019 32.2% -72.6% 39.5% 2.26%
2018 -13.6% -67.0% 10.0% 69.22%
2017 19.9% -22.1% 33.2% 46.59%
2016 21.4% -16.4% 26.8% 0.63%
2015 3.2% -26.4% 106.5% 7.00%

NAV & Total Return History


Holdings

PARWX - Holdings

Concentration Analysis

PARWX Category Low Category High PARWX % Rank
Net Assets 2.81 B 1.14 K 872 B 27.48%
Number of Holdings 25 1 3498 97.58%
Net Assets in Top 10 1.59 B -27.1 M 186 B 17.33%
Weighting of Top 10 57.47% 3.2% 100.0% 3.56%

Top 10 Holdings

  1. Micron Technology Inc 11.06%
  2. Applied Materials Inc 10.74%
  3. Charles Schwab Corp 6.41%
  4. Cisco Systems Inc 5.17%
  5. Lam Research Corp 4.93%
  6. FedEx Corp 4.24%
  7. Gap Inc 3.93%
  8. W.W. Grainger Inc 3.91%
  9. Agilent Technologies Inc 3.64%
  10. Apple Inc 3.44%

Asset Allocation

Weighting Return Low Return High PARWX % Rank
Stocks
89.57% 81.36% 167.47% 99.25%
Cash
10.43% -141.62% 13.02% 0.50%
Preferred Stocks
0.00% 0.00% 14.17% 52.75%
Other
0.00% -7.25% 89.69% 52.58%
Convertible Bonds
0.00% 0.00% 13.48% 51.42%
Bonds
0.00% 0.00% 78.72% 57.12%

Stock Sector Breakdown

Weighting Return Low Return High PARWX % Rank
Technology
41.55% 0.00% 41.55% 0.17%
Financial Services
23.15% 0.00% 47.71% 4.06%
Industrials
18.49% 0.00% 27.72% 3.38%
Consumer Cyclical
10.45% 0.00% 45.17% 42.52%
Healthcare
4.06% 0.00% 31.87% 98.90%
Communication Services
2.31% 0.00% 29.84% 95.77%
Utilities
0.00% 0.00% 18.14% 91.63%
Real Estate
0.00% 0.00% 54.83% 93.91%
Energy
0.00% -1.47% 14.48% 94.25%
Consumer Defense
0.00% 0.00% 35.63% 98.65%
Basic Materials
0.00% -0.14% 11.81% 95.60%

Stock Geographic Breakdown

Weighting Return Low Return High PARWX % Rank
US
89.57% 80.15% 157.79% 86.42%
Non US
0.00% -4.87% 18.41% 95.83%

Expenses

PARWX - Expenses

Operational Fees

PARWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.01% 49.73% 46.44%
Management Fee 0.67% 0.00% 2.00% 73.91%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.95% N/A

Sales Fees

PARWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

PARWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

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 Return Low Category Return High Rank in Category (%)
Turnover 57.29% 0.00% 438.00% 70.94%

Distributions

PARWX - Distributions

Dividend Yield Analysis

PARWX Category Low Category High PARWX % Rank
Dividend Yield 0.00% 0.00% 16.43% 52.71%

Dividend Distribution Analysis

PARWX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Semi-Annually Annually

Net Income Ratio Analysis

PARWX Category Low Category High PARWX % Rank
Net Income Ratio 0.73% -3.93% 3.34% 76.27%

Capital Gain Distribution Analysis

PARWX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

PARWX - Fund Manager Analysis

Managers

Jerome Dodson


Start Date

Tenure

Tenure Rank

Apr 29, 2005

15.18

15.2%

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.

Billy Hwan


Start Date

Tenure

Tenure Rank

May 01, 2018

2.17

2.2%

Billy J. Hwan is a Portfolio Manager of the Parnassus Asia Fund and a Senior Research Analyst. He joined Parnassus Investments in 2012 and was previously a Parnassus research intern. His prior experience includes equity research at Dodge & Cox in San Francisco and at the Government of Singapore Investment Corporation. Mr. Hwan received his bachelor's degree in engineering from Stanford University and a master's degree in accountancy from the University of Houston. He graduated with honors from the University of California, Berkeley with his master's degree in business administration. Mr. Hwan holds the CPA and CFA designations, and was a former Blakemore Freeman Fellow.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.98 6.23 1.0