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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$49.43

$4.95 B

1.09%

$0.54

0.88%

Vitals

YTD Return

9.2%

1 yr return

-7.6%

3 Yr Avg Return

8.0%

5 Yr Avg Return

6.0%

Net Assets

$4.95 B

Holdings in Top 10

31.9%

52 WEEK LOW AND HIGH

$49.1
$40.97
$52.53

Expenses

OPERATING FEES

Expense Ratio 0.88%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 37.22%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,000

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$49.43

$4.95 B

1.09%

$0.54

0.88%

PARWX - Profile

Distributions

  • YTD Total Return 9.2%
  • 3 Yr Annualized Total Return 8.0%
  • 5 Yr Annualized Total Return 8.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.20%
DIVIDENDS
  • Dividend Yield 1.1%
  • 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
    Billy Hwan

Fund Description

The Parnassus Endeavor Fund’s objective is to achieve capital appreciation 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. 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. The Parnassus Endeavor Fund is primarily a large‑cap fund, which means that it normally invests more than half of its net assets in large, well-established companies. The Fund may invest to a lesser extent in small- and mid‑capitalization companies. The Fund may purchase foreign securities directly on foreign markets. The Fund invests mainly in domestic stocks of companies that are financially 
sound and have good prospects for the future, and to a lesser extent may also invest in foreign securities of similar companies. The Fund is fossil-fuel free, as it does not invest in companies that derive significant revenues from the extraction, exploration, production or refining of fossil fuels; the Fund may invest in companies that use fossil fuel-based energy to power their operations or for other purposes. The Fund defines “significant revenues” as being 10% or greater. To determine a company’s prospects, the Adviser reviews the company’s income statement, cash flow statement and balance sheet, and analyzes the company’s sustainable strategic advantage and management team. Upon initial investment, a company’s stock must be deemed to represent relative value. To determine whether the company demonstrates relative value, the Adviser considers the companies valuation relative to its own valuation history and relative to similar companies operating in the same industry. The Adviser also takes ESG factors into account in making investment decisions, as discussed in more detail in the prospectus. The Fund will sell a security if the Adviser believes a company’s fundamentals will deteriorate, if it believes a company’s stock has little potential for appreciation or if the company no longer meets the Adviser’s ESG criteria. 
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PARWX - Performance

Return Ranking - Trailing

Period PARWX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.2% -21.2% 27.4% 10.82%
1 Yr -7.6% -62.9% 51.5% 46.02%
3 Yr 8.0%* -24.5% 59.5% 12.70%
5 Yr 6.0%* -16.4% 31.3% 16.01%
10 Yr 7.7%* -16.2% 14.8% 11.93%

* Annualized

Return Ranking - Calendar

Period PARWX Return Category Return Low Category Return High Rank in Category (%)
2022 -16.2% -65.1% 38.0% 81.44%
2021 5.8% -25.3% 29.0% 66.64%
2020 8.2% -8.4% 56.7% 2.25%
2019 7.2% -24.3% 10.4% 1.07%
2018 -4.9% -9.4% 21.9% 86.78%

Total Return Ranking - Trailing

Period PARWX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.2% -21.2% 27.4% 10.82%
1 Yr -7.6% -62.9% 61.5% 47.29%
3 Yr 8.0%* -24.5% 59.5% 14.27%
5 Yr 8.3%* -15.4% 34.4% 12.19%
10 Yr 12.6%* -3.3% 21.5% 2.60%

* Annualized

Total Return Ranking - Calendar

Period PARWX Return Category Return Low Category Return High Rank in Category (%)
2022 -16.2% -65.1% 38.0% 81.44%
2021 5.8% -25.3% 29.0% 66.64%
2020 8.2% -8.4% 56.7% 2.25%
2019 7.2% -24.3% 10.4% 1.07%
2018 -2.9% -8.9% 21.9% 65.18%

NAV & Total Return History


PARWX - Holdings

Concentration Analysis

PARWX Category Low Category High PARWX % Rank
Net Assets 4.95 B 390 K 151 B 18.71%
Number of Holdings 47 2 1727 80.49%
Net Assets in Top 10 1.55 B 2.1 K 32.3 B 16.78%
Weighting of Top 10 31.88% 2.8% 99.2% 32.82%

Top 10 Holdings

  1. Micron Technology Inc 4.91%
  2. Merck & Co Inc 4.37%
  3. Applied Materials Inc 4.33%
  4. Apple Inc 4.23%
  5. W.W. Grainger Inc 4.13%
  6. Verizon Communications Inc 3.72%
  7. Mastercard Inc A 3.68%
  8. Gap Inc 3.53%
  9. Sysco Corp 3.42%
  10. Charles Schwab Corp 3.41%

Asset Allocation

Weighting Return Low Return High PARWX % Rank
Stocks
98.84% 10.06% 125.26% 42.26%
Cash
1.16% -88.20% 89.94% 54.61%
Preferred Stocks
0.00% 0.00% 19.30% 61.02%
Other
0.00% -2.02% 26.80% 57.51%
Convertible Bonds
0.00% 0.00% 3.66% 59.04%
Bonds
0.00% 0.00% 80.18% 59.80%

Stock Sector Breakdown

Weighting Return Low Return High PARWX % Rank
Financial Services
21.56% 0.00% 58.05% 25.65%
Healthcare
21.26% 0.00% 35.26% 10.72%
Technology
18.11% 0.00% 54.02% 9.19%
Industrials
14.69% 0.00% 42.76% 14.17%
Consumer Cyclical
7.80% 0.00% 22.74% 26.19%
Communication Services
7.74% 0.00% 26.58% 21.21%
Consumer Defense
6.66% 0.00% 34.10% 73.28%
Real Estate
2.18% 0.00% 90.54% 58.58%
Utilities
0.00% 0.00% 27.04% 94.95%
Energy
0.00% 0.00% 54.00% 98.55%
Basic Materials
0.00% 0.00% 21.69% 96.32%

Stock Geographic Breakdown

Weighting Return Low Return High PARWX % Rank
US
96.51% 9.63% 121.23% 32.34%
Non US
2.33% 0.00% 45.02% 60.72%

PARWX - Expenses

Operational Fees

PARWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.88% 0.01% 4.02% 44.60%
Management Fee 0.66% 0.00% 1.50% 70.48%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

PARWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.95% 5.50% N/A

Trading Fees

PARWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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 37.22% 0.00% 488.00% 48.54%

PARWX - Distributions

Dividend Yield Analysis

PARWX Category Low Category High PARWX % Rank
Dividend Yield 1.09% 0.00% 41.02% 84.70%

Dividend Distribution Analysis

PARWX Category Low Category High Category Mod
Dividend Distribution Frequency None Quarterly Monthly Monthly

Net Income Ratio Analysis

PARWX Category Low Category High PARWX % Rank
Net Income Ratio 1.20% -1.51% 4.28% 59.05%

Capital Gain Distribution Analysis

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

Distributions History

View More +

PARWX - Fund Manager Analysis

Managers

Billy Hwan


Start Date

Tenure

Tenure Rank

May 01, 2018

4.08

4.1%

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
0.09 86.59 7.88 16.42