Parnassus Value Equity Fund Investor Shares

Frequently Asked Questions About PARWX

What does PARWX invest in?

The fund aims for capital growth primarily by allocating assets to a diverse array of corporate equities. These holdings encompass both common and preferred shares. The adviser targets businesses they deem undervalued, provided these companies also demonstrate robust potential for significant long-term value appreciation throughout the projected holding period.

What is the expense ratio of PARWX?

Parnassus Value Equity Fund Investor Shares (PARWX) charges an expense ratio of 0.88%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PARWX?

Parnassus Value Equity Fund Investor Shares (PARWX) manages $5.19B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is PARWX actively managed or an index fund?

PARWX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PARWX launched?

Parnassus Value Equity Fund Investor Shares (PARWX) launched in April 2005 and is managed by Parnassus.

How has PARWX performed?

PARWX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.