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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$48.56

$27.1 B

0.39%

$0.19

0.82%

Vitals

YTD Return

-23.4%

1 yr return

-3.3%

3 Yr Avg Return

15.4%

5 Yr Avg Return

13.6%

Net Assets

$27.1 B

Holdings in Top 10

43.0%

52 WEEK LOW AND HIGH

$47.8
$47.77
$67.16

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

Investment Style

Large Blend


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$48.56

$27.1 B

0.39%

$0.19

0.82%

PRBLX - Profile

Distributions

  • YTD Total Return -23.4%
  • 3 Yr Annualized Total Return 15.4%
  • 5 Yr Annualized Total Return 13.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.38%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Parnassus Core Equity Fund
  • Fund Family Name
    Parnassus
  • Inception Date
    Aug 31, 1992
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Todd Ahlsten

Fund Description

The 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 65% of the fund's total assets will normally be invested in equity securities that pay interest or dividends.


PRBLX - Performance

Return Ranking - Trailing

Period PRBLX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.4% -53.4% 32.8% 76.48%
1 Yr -3.3% -38.2% 46.9% 64.68%
3 Yr 15.4%* -6.0% 26.9% 46.25%
5 Yr 13.6%* -2.5% 19.2% 8.50%
10 Yr 14.2%* 2.8% 16.6% 14.88%

* Annualized

Return Ranking - Calendar

Period PRBLX Return Category Return Low Category Return High Rank in Category (%)
2021 18.2% -87.2% 537.8% 43.65%
2020 14.1% -94.0% 2181.7% 36.53%
2019 20.6% -22.7% 40.4% 63.85%
2018 -8.6% -100.0% 4.6% 22.15%
2017 8.6% -100.0% 36.4% 78.74%

Total Return Ranking - Trailing

Period PRBLX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.4% -97.2% 32.8% 75.44%
1 Yr -3.3% -38.2% 67.6% 59.78%
3 Yr 15.4%* -7.1% 26.9% 41.27%
5 Yr 13.6%* -2.9% 19.2% 8.60%
10 Yr 14.2%* 2.8% 16.6% 14.18%

* Annualized

Total Return Ranking - Calendar

Period PRBLX Return Category Return Low Category Return High Rank in Category (%)
2021 18.2% -87.2% 537.8% 44.10%
2020 14.1% -94.0% 2181.7% 36.53%
2019 20.6% -21.6% 40.4% 64.40%
2018 -8.6% -100.0% 8.2% 47.94%
2017 8.6% -100.0% 35.2% 93.34%

NAV & Total Return History


PRBLX - Holdings

Concentration Analysis

PRBLX Category Low Category High PRBLX % Rank
Net Assets 27.1 B 177 K 1.21 T 7.54%
Number of Holdings 41 2 4154 86.01%
Net Assets in Top 10 11.7 B 971 270 B 5.44%
Weighting of Top 10 42.98% 1.8% 100.0% 15.75%

Top 10 Holdings

  1. Microsoft Corp 6.85%
  2. Alphabet Inc Class A 5.79%
  3. Fiserv Inc 4.68%
  4. Mastercard Inc Class A 4.01%
  5. NVIDIA Corp 3.92%
  6. Amazon.com Inc 3.83%
  7. Becton, Dickinson and Co 3.78%
  8. Deere & Co 3.76%
  9. CME Group Inc Class A 3.71%
  10. Danaher Corp 3.70%

Asset Allocation

Weighting Return Low Return High PRBLX % Rank
Stocks
99.01% 0.00% 130.24% 50.27%
Cash
0.99% -102.29% 100.00% 47.21%
Preferred Stocks
0.00% 0.00% 2.23% 83.62%
Other
0.00% -13.91% 134.98% 82.69%
Convertible Bonds
0.00% 0.00% 5.54% 82.23%
Bonds
0.00% -0.04% 95.81% 82.23%

Stock Sector Breakdown

Weighting Return Low Return High PRBLX % Rank
Technology
21.98% 0.00% 62.33% 65.14%
Financial Services
16.62% 0.00% 55.59% 20.01%
Communication Services
13.25% 0.00% 27.94% 5.51%
Healthcare
13.08% 0.00% 60.70% 76.90%
Industrials
12.52% 0.00% 38.63% 16.12%
Consumer Defense
6.69% 0.00% 49.14% 55.20%
Consumer Cyclical
6.31% 0.00% 50.47% 89.46%
Basic Materials
4.85% 0.00% 26.10% 13.70%
Real Estate
4.71% 0.00% 37.52% 9.94%
Utilities
0.00% 0.00% 25.44% 97.31%
Energy
0.00% 0.00% 41.64% 97.04%

Stock Geographic Breakdown

Weighting Return Low Return High PRBLX % Rank
US
93.10% 0.00% 127.77% 72.55%
Non US
5.91% 0.00% 33.69% 22.02%

PRBLX - Expenses

Operational Fees

PRBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.82% 0.01% 3.53% 40.84%
Management Fee 0.57% 0.00% 2.00% 59.81%
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 0.00% 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% 496.00% 51.62%

PRBLX - Distributions

Dividend Yield Analysis

PRBLX Category Low Category High PRBLX % Rank
Dividend Yield 0.39% 0.00% 14.76% 21.94%

Dividend Distribution Analysis

PRBLX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

PRBLX Category Low Category High PRBLX % Rank
Net Income Ratio 0.38% -54.00% 6.06% 68.56%

Capital Gain Distribution Analysis

PRBLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

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 7.16 2.42