Parnassus Mid Cap Growth Fund

Frequently Asked Questions About PFPRX

What does PFPRX invest in?

The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in mid-sized growth companies. The fund will not automatically sell or cease to purchase stock of a company it already owns just because the company's market capitalization grows or falls outside the ranges of the Russell Midcap® Growth Index, which are subject to change. The fund may normally invest up to 20% of its net assets in smaller- and larger-capitalization companies.

What is the expense ratio of PFPRX?

Parnassus Mid Cap Growth Fund (PFPRX) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PFPRX?

Parnassus Mid Cap Growth Fund (PFPRX) manages $855.2M 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 PFPRX actively managed or an index fund?

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

When was PFPRX launched?

Parnassus Mid Cap Growth Fund (PFPRX) launched in April 2015 and is managed by the fund issuer.

How has PFPRX performed?

PFPRX'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.