Parnassus Core Equity Fund

Frequently Asked Questions About PRBLX

What does PRBLX invest in?

This fund aims to generate both an increase in capital value and a consistent stream of current income for its shareholders. It primarily achieves these objectives through strategic investments in a broad and varied portfolio of company shares, encompassing both common and preferred stock. Typically, the fund allocates a minimum of 80% of its net assets, along with any borrowed capital used for investments, directly into these equity instruments. Additionally, under normal circumstances, at least 65% of the fund's entire asset base will be dedicated to equity holdings that provide either interest or dividend payments.

What is the expense ratio of PRBLX?

Parnassus Core Equity Fund (PRBLX) charges an expense ratio of 0.81%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PRBLX?

Parnassus Core Equity Fund (PRBLX) manages $23.92B 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 PRBLX actively managed or an index fund?

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

When was PRBLX launched?

Parnassus Core Equity Fund (PRBLX) launched in August 1992 and is managed by the fund issuer.

How has PRBLX performed?

PRBLX'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.