Parnassus Core Equity Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
21.4%
1 yr return
32.0%
3 Yr Avg Return
8.1%
5 Yr Avg Return
14.8%
Net Assets
$29.4 B
Holdings in Top 10
44.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.82%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PRBLX - Profile
Distributions
- YTD Total Return 21.4%
- 3 Yr Annualized Total Return 8.1%
- 5 Yr Annualized Total Return 14.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.38%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameParnassus Core Equity Fund
-
Fund Family NameParnassus
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTodd Ahlsten
Fund Description
PRBLX - Performance
Return Ranking - Trailing
Period | PRBLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 21.4% | 3.6% | 45.1% | 73.50% |
1 Yr | 32.0% | 6.6% | 65.8% | 75.96% |
3 Yr | 8.1%* | -5.9% | 16.1% | 61.53% |
5 Yr | 14.8%* | -0.8% | 110.8% | 45.86% |
10 Yr | 12.5%* | 2.9% | 52.7% | 34.56% |
* Annualized
Return Ranking - Calendar
Period | PRBLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.5% | -42.6% | 47.4% | 56.97% |
2022 | -26.0% | -56.3% | -4.2% | 80.97% |
2021 | 18.2% | -27.2% | 537.8% | 45.33% |
2020 | 14.1% | -22.5% | 2181.7% | 37.02% |
2019 | 20.6% | -13.5% | 40.4% | 65.61% |
Total Return Ranking - Trailing
Period | PRBLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 21.4% | 3.6% | 45.1% | 73.50% |
1 Yr | 32.0% | 6.6% | 65.8% | 75.96% |
3 Yr | 8.1%* | -5.9% | 16.1% | 61.53% |
5 Yr | 14.8%* | -0.8% | 110.8% | 45.86% |
10 Yr | 12.5%* | 2.9% | 52.7% | 34.56% |
* Annualized
Total Return Ranking - Calendar
Period | PRBLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 24.9% | -5.0% | 47.4% | 43.60% |
2022 | -18.6% | -36.8% | -2.2% | 59.15% |
2021 | 27.5% | 3.0% | 537.8% | 39.67% |
2020 | 21.2% | -15.8% | 2266.0% | 15.83% |
2019 | 30.7% | -0.4% | 241.3% | 41.83% |
NAV & Total Return History
PRBLX - Holdings
Concentration Analysis
PRBLX | Category Low | Category High | PRBLX % Rank | |
---|---|---|---|---|
Net Assets | 29.4 B | 2.34 M | 1.55 T | 8.69% |
Number of Holdings | 46 | 2 | 3963 | 83.92% |
Net Assets in Top 10 | 13.3 B | 1.07 M | 517 B | 8.45% |
Weighting of Top 10 | 44.10% | 0.3% | 112.9% | 18.84% |
Top 10 Holdings
- MICROSOFT CORP 0.00000000 6.89%
- NVIDIA CORP 0.00000000 6.63%
- ALPHABET INC-CL A 0.00000000 6.46%
- APPLE INC 0.00000000 4.56%
- SALESFORCE INC 0.00000000 4.16%
- DEERE AND CO 0.00000000 3.43%
- REALTY INCOME CORP 0.00000000 3.23%
- MASTERCARD INC - A 0.00000000 3.16%
- BALL CORP 0.00000000 2.81%
- LINDE PLC 0.00000000 2.78%
Asset Allocation
Weighting | Return Low | Return High | PRBLX % Rank | |
---|---|---|---|---|
Stocks | 96.28% | 0.00% | 105.85% | 87.33% |
Other | 3.23% | -13.91% | 100.00% | 4.39% |
Cash | 0.47% | 0.00% | 99.07% | 65.39% |
Bonds | 0.01% | 0.00% | 94.06% | 10.56% |
Preferred Stocks | 0.00% | 0.00% | 2.53% | 72.46% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 71.72% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PRBLX % Rank | |
---|---|---|---|---|
Technology | 21.98% | 0.00% | 48.94% | 66.67% |
Financial Services | 16.62% | 0.00% | 55.59% | 19.60% |
Communication Services | 13.25% | 0.00% | 27.94% | 5.21% |
Healthcare | 13.08% | 0.00% | 52.29% | 78.00% |
Industrials | 12.52% | 0.00% | 29.90% | 13.98% |
Consumer Defense | 6.69% | 0.00% | 47.71% | 54.51% |
Consumer Cyclical | 6.31% | 0.00% | 30.33% | 89.08% |
Basic Materials | 4.85% | 0.00% | 25.70% | 12.08% |
Real Estate | 4.71% | 0.00% | 31.91% | 8.52% |
Utilities | 0.00% | 0.00% | 20.91% | 96.11% |
Energy | 0.00% | 0.00% | 41.64% | 95.70% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PRBLX % Rank | |
---|---|---|---|---|
US | 96.28% | 0.00% | 105.85% | 76.77% |
Non US | 0.00% | 0.00% | 64.54% | 76.36% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PRBLX % Rank | |
---|---|---|---|---|
Derivative | 0.00% | -1.75% | 25.41% | 72.58% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 94.55% |
Securitized | 0.00% | 0.00% | 52.16% | 72.12% |
Corporate | 0.00% | 0.00% | 100.00% | 74.94% |
Municipal | 0.00% | 0.00% | 2.10% | 72.12% |
Government | 0.00% | 0.00% | 100.00% | 72.63% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PRBLX % Rank | |
---|---|---|---|---|
US | 0.01% | 0.00% | 94.06% | 10.56% |
Non US | 0.00% | 0.00% | 14.23% | 70.92% |
PRBLX - Expenses
Operational Fees
PRBLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.82% | 0.01% | 19.75% | 48.49% |
Management Fee | 0.57% | 0.00% | 1.90% | 60.16% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
PRBLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PRBLX 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.
PRBLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 25.82% | 0.00% | 268.00% | 54.23% |
PRBLX - Distributions
Dividend Yield Analysis
PRBLX | Category Low | Category High | PRBLX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.37% | 0.00% | 25.47% | 77.61% |
Dividend Distribution Analysis
PRBLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | SemiAnnual | Quarterly | Quarterly |
Net Income Ratio Analysis
PRBLX | Category Low | Category High | PRBLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.38% | -54.00% | 2.44% | 68.96% |
Capital Gain Distribution Analysis
PRBLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.062 | OrdinaryDividend |
Mar 28, 2024 | $0.067 | OrdinaryDividend |
Dec 20, 2023 | $0.088 | OrdinaryDividend |
Nov 16, 2023 | $2.997 | CapitalGainLongTerm |
Sep 29, 2023 | $0.092 | OrdinaryDividend |
Jun 30, 2023 | $0.066 | OrdinaryDividend |
Mar 31, 2023 | $0.068 | OrdinaryDividend |
Dec 21, 2022 | $0.066 | OrdinaryDividend |
Nov 17, 2022 | $4.522 | CapitalGainLongTerm |
Sep 30, 2022 | $0.087 | OrdinaryDividend |
Jun 30, 2022 | $0.048 | OrdinaryDividend |
Mar 31, 2022 | $0.030 | OrdinaryDividend |
Dec 22, 2021 | $0.367 | OrdinaryDividend |
Nov 18, 2021 | $4.400 | CapitalGainLongTerm |
Sep 30, 2021 | $0.057 | OrdinaryDividend |
Jun 30, 2021 | $0.062 | OrdinaryDividend |
Mar 31, 2021 | $0.043 | OrdinaryDividend |
Dec 17, 2020 | $0.086 | OrdinaryDividend |
Nov 19, 2020 | $2.842 | CapitalGainLongTerm |
Sep 30, 2020 | $0.050 | OrdinaryDividend |
Jun 30, 2020 | $0.073 | OrdinaryDividend |
Mar 31, 2020 | $0.099 | OrdinaryDividend |
Dec 27, 2019 | $0.093 | OrdinaryDividend |
Nov 21, 2019 | $3.428 | CapitalGainLongTerm |
Sep 30, 2019 | $0.089 | OrdinaryDividend |
Jun 28, 2019 | $0.070 | OrdinaryDividend |
Mar 29, 2019 | $0.093 | OrdinaryDividend |
Dec 27, 2018 | $0.088 | OrdinaryDividend |
Nov 20, 2018 | $3.315 | CapitalGainLongTerm |
Sep 28, 2018 | $0.111 | OrdinaryDividend |
Jun 29, 2018 | $0.089 | OrdinaryDividend |
Mar 29, 2018 | $0.157 | OrdinaryDividend |
Dec 27, 2017 | $0.207 | OrdinaryDividend |
Nov 21, 2017 | $2.501 | CapitalGainLongTerm |
Sep 29, 2017 | $0.126 | OrdinaryDividend |
Jun 30, 2017 | $0.101 | OrdinaryDividend |
Mar 31, 2017 | $0.120 | OrdinaryDividend |
Dec 28, 2016 | $0.085 | OrdinaryDividend |
Nov 22, 2016 | $1.091 | CapitalGainLongTerm |
Sep 30, 2016 | $0.103 | OrdinaryDividend |
Jun 30, 2016 | $0.086 | OrdinaryDividend |
Mar 31, 2016 | $0.127 | OrdinaryDividend |
Dec 30, 2015 | $0.499 | OrdinaryDividend |
Nov 24, 2015 | $2.755 | CapitalGainLongTerm |
Sep 30, 2015 | $0.117 | OrdinaryDividend |
Jun 30, 2015 | $0.105 | OrdinaryDividend |
Mar 31, 2015 | $0.083 | OrdinaryDividend |
Dec 30, 2014 | $0.197 | OrdinaryDividend |
Nov 25, 2014 | $0.675 | CapitalGainLongTerm |
Sep 30, 2014 | $0.203 | OrdinaryDividend |
Jun 30, 2014 | $0.094 | OrdinaryDividend |
Mar 31, 2014 | $0.101 | OrdinaryDividend |
Dec 27, 2013 | $0.161 | OrdinaryDividend |
Nov 22, 2013 | $1.873 | CapitalGainLongTerm |
Sep 30, 2013 | $0.125 | OrdinaryDividend |
Jun 28, 2013 | $0.101 | OrdinaryDividend |
Mar 28, 2013 | $0.098 | OrdinaryDividend |
Dec 27, 2012 | $0.475 | OrdinaryDividend |
Nov 16, 2012 | $0.443 | CapitalGainLongTerm |
Sep 28, 2012 | $0.087 | OrdinaryDividend |
Jun 29, 2012 | $0.098 | OrdinaryDividend |
Mar 30, 2012 | $0.078 | OrdinaryDividend |
Dec 28, 2011 | $0.084 | OrdinaryDividend |
Nov 18, 2011 | $0.447 | CapitalGainLongTerm |
Sep 30, 2011 | $0.067 | OrdinaryDividend |
Jun 30, 2011 | $0.095 | OrdinaryDividend |
Mar 31, 2011 | $0.069 | OrdinaryDividend |
Dec 29, 2010 | $0.099 | OrdinaryDividend |
Sep 30, 2010 | $0.054 | OrdinaryDividend |
Jun 30, 2010 | $0.073 | OrdinaryDividend |
Mar 31, 2010 | $0.067 | OrdinaryDividend |
Dec 30, 2009 | $0.086 | OrdinaryDividend |
Sep 30, 2009 | $0.075 | OrdinaryDividend |
Jun 30, 2009 | $0.081 | OrdinaryDividend |
Mar 31, 2009 | $0.079 | OrdinaryDividend |
Dec 30, 2008 | $0.071 | OrdinaryDividend |
Sep 30, 2008 | $0.057 | OrdinaryDividend |
Jun 30, 2008 | $0.053 | OrdinaryDividend |
Mar 31, 2008 | $0.060 | OrdinaryDividend |
Dec 28, 2007 | $1.031 | OrdinaryDividend |
Nov 16, 2007 | $1.822 | CapitalGainLongTerm |
Sep 28, 2007 | $0.040 | OrdinaryDividend |
Jun 29, 2007 | $0.042 | OrdinaryDividend |
Mar 30, 2007 | $0.064 | OrdinaryDividend |
Dec 28, 2006 | $1.116 | OrdinaryDividend |
Nov 17, 2006 | $1.335 | CapitalGainLongTerm |
Sep 29, 2006 | $0.096 | OrdinaryDividend |
Jun 30, 2006 | $0.077 | OrdinaryDividend |
Mar 31, 2006 | $0.094 | OrdinaryDividend |
Dec 29, 2005 | $0.523 | OrdinaryDividend |
Nov 18, 2005 | $0.782 | CapitalGainLongTerm |
Sep 30, 2005 | $0.105 | OrdinaryDividend |
Jun 30, 2005 | $0.108 | OrdinaryDividend |
Mar 31, 2005 | $0.110 | OrdinaryDividend |
Dec 28, 2004 | $0.242 | OrdinaryDividend |
Nov 19, 2004 | $0.544 | CapitalGainLongTerm |
Sep 30, 2004 | $0.098 | OrdinaryDividend |
Jun 30, 2004 | $0.215 | OrdinaryDividend |
Mar 31, 2004 | $0.086 | OrdinaryDividend |
Dec 29, 2003 | $0.077 | OrdinaryDividend |
Sep 30, 2003 | $0.124 | OrdinaryDividend |
Jun 30, 2003 | $0.147 | OrdinaryDividend |
Mar 31, 2003 | $0.137 | OrdinaryDividend |
Dec 27, 2002 | $0.145 | OrdinaryDividend |
Nov 13, 2002 | $0.044 | CapitalGainLongTerm |
Sep 30, 2002 | $0.063 | OrdinaryDividend |
Jun 28, 2002 | $0.037 | OrdinaryDividend |
Mar 28, 2002 | $0.180 | OrdinaryDividend |
Dec 28, 2001 | $0.090 | OrdinaryDividend |
Dec 28, 2001 | $0.170 | CapitalGainShortTerm |
Nov 14, 2001 | $0.456 | CapitalGainLongTerm |
Sep 28, 2001 | $0.115 | OrdinaryDividend |
Jun 29, 2001 | $0.091 | OrdinaryDividend |
Mar 30, 2001 | $0.154 | OrdinaryDividend |
Dec 15, 2000 | $0.101 | OrdinaryDividend |
Dec 15, 2000 | $2.683 | CapitalGainLongTerm |
Sep 29, 2000 | $0.111 | OrdinaryDividend |
Jun 30, 2000 | $0.087 | OrdinaryDividend |
Mar 31, 2000 | $0.061 | OrdinaryDividend |
Dec 17, 1999 | $0.075 | OrdinaryDividend |
Dec 17, 1999 | $0.672 | CapitalGainShortTerm |
Dec 17, 1999 | $0.569 | CapitalGainLongTerm |
Sep 30, 1999 | $0.054 | OrdinaryDividend |
Jun 30, 1999 | $0.083 | OrdinaryDividend |
Mar 31, 1999 | $0.047 | OrdinaryDividend |
Dec 31, 1998 | $0.035 | OrdinaryDividend |
Dec 31, 1998 | $0.283 | CapitalGainShortTerm |
Dec 31, 1998 | $2.059 | CapitalGainLongTerm |
Sep 30, 1998 | $0.085 | OrdinaryDividend |
Jun 30, 1998 | $0.145 | OrdinaryDividend |
Mar 31, 1998 | $0.183 | OrdinaryDividend |
Dec 31, 1997 | $0.482 | OrdinaryDividend |
Dec 31, 1997 | $0.091 | CapitalGainShortTerm |
Dec 31, 1997 | $1.223 | CapitalGainLongTerm |
Sep 30, 1997 | $0.260 | OrdinaryDividend |
Jun 30, 1997 | $0.210 | OrdinaryDividend |
Mar 31, 1997 | $0.205 | OrdinaryDividend |
Dec 31, 1996 | $0.243 | OrdinaryDividend |
Dec 31, 1996 | $0.091 | CapitalGainShortTerm |
Dec 31, 1996 | $1.402 | CapitalGainLongTerm |
Sep 30, 1996 | $0.203 | OrdinaryDividend |
Jun 28, 1996 | $0.206 | OrdinaryDividend |
Mar 29, 1996 | $0.230 | OrdinaryDividend |
Dec 29, 1995 | $0.305 | OrdinaryDividend |
Sep 29, 1995 | $0.230 | OrdinaryDividend |
Jun 30, 1995 | $0.210 | OrdinaryDividend |
Mar 31, 1995 | $0.180 | OrdinaryDividend |
Dec 30, 1994 | $0.189 | OrdinaryDividend |
Sep 30, 1994 | $0.210 | OrdinaryDividend |
Jun 30, 1994 | $0.210 | OrdinaryDividend |
Mar 31, 1994 | $0.200 | OrdinaryDividend |
PRBLX - Fund Manager Analysis
Managers
Todd Ahlsten
Start Date
Tenure
Tenure Rank
May 01, 2001
21.1
21.1%
Todd Ahlsten is the Chief Investment Officer and lead Portfolio Manager of the Parnassus Core Equity Fund. Mr. Ahlsten has responsibility for portfolio management for the firm’s Core Equity strategy. He also oversees all of the firm’s strategies, including mentoring investment staff, managing investment risk and acting as final arbiter on ESG decisions. He joined Parnassus Investments in 1995 as a Research Analyst after serving as a Parnassus research intern. In 1998, Mr. Ahlsten was promoted to Director of Research and subsequently became Portfolio Manager of the Parnassus Core Equity Fund in 2001. He became Chief Investment Officer in 2008. Mr. Ahlsten received his bachelor's degree in business administration from the University of California, Berkeley with an emphasis in finance and accounting.
Benjamin Allen
Start Date
Tenure
Tenure Rank
May 01, 2012
10.09
10.1%
Benjamin Allen is the Chief Executive Officer of Parnassus Investments and Portfolio Manager of the Parnassus Core Equity Fund. Mr. Allen is responsible for Parnassus’s long-term strategic direction, products and personnel. He is also responsible for portfolio management for the firm’s Core Equity strategy. He joined Parnassus Investments in 2005 as a Senior Research Analyst after serving as a Parnassus research intern. In 2008, Mr. Allen was promoted to Director of Research and subsequently became Portfolio Manager of the Parnassus Core Equity Fund in 2012. Prior to joining the firm, Mr. Allen worked at Morgan Stanley in New York, first as an Investment Banking Analyst and later in the firm's venture capital group. Mr. Allen graduated Phi Beta Kappa and magna cum laude from Georgetown University with a bachelor's degree in government and completed the general course in philosophy at the London School of Economics. He received his master's degree in business administration from the University of California, Berkeley.
Andrew Choi
Start Date
Tenure
Tenure Rank
Jan 03, 2022
0.41
0.4%
Andrew Choi is a Portfolio Manager of the Parnassus Core Equity Fund and a Senior Research Analyst. Mr. Choi has responsibility for portfolio management for the firm’s Core Equity strategy and firmwide research. Mr. Choi joined Parnassus as a Senior Research Analyst in 2018 after serving as a Parnassus research intern. Prior to joining Parnassus, Mr. Choi worked at Deloitte Consulting as a Business Analyst. Mr. Choi received his bachelor’s degree in Chemistry from Princeton University and his master’s degree in business administration from Harvard Business School.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.24 | 2.42 |