# Parnassus Mid Cap Growth Fund (PFPRX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pfprx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Parnassus · Asset class: Equity - Strategy: Thematic · Inception: 2015-04-30 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. ## Key Facts | Metric | Value | |---|---| | Price | $55.91 | | Expense Ratio | 0.68% | | Assets Under Management | $801.7M | | NAV | $55.91 | | Holdings Count | — | | Distribution Yield (TTM) | 16.66% | | Annual Distribution (TTM) | $9.31 /share | | Distribution Frequency | Annual | | 52-Week Range | $48.54 – $66.13 | | Beta | 1.17 | ## Latest Distribution - Amount: $9.3130 /share - Ex-date: 2025-12-05 - Pay date: 2025-12-05 ## Frequently Asked Questions ### 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 $801.7M 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 Parnassus. ### 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. ### Does PFPRX pay a dividend? Parnassus Mid Cap Growth Fund (PFPRX) currently distributes little or no income. Trailing-twelve-month yield is 16.66%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PFPRX pay dividends? Parnassus Mid Cap Growth Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PFPRX's dividend yield? PFPRX's trailing-twelve-month yield is 16.66%, calculated from the sum of dividends over the past year divided by the current price. ### When is PFPRX's next ex-dividend date? The most recently announced ex-dividend date for PFPRX was 2025-12-05. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will PFPRX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.68% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PFPRX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PFPRX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PFPRX cost more than a fund like VOO? PFPRX's strategy (current expense ratio 0.68%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where PFPRX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to PFPRX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PFPRX (0.68%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/pfprx - Distribution history: https://www.dividenddata.com/funds/pfprx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pfprx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pfprx/expenses - Peer comparison: https://www.dividenddata.com/funds/pfprx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.