# Parnassus Income Funds - Parnassus Core Select ETF (PRCS): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/prcs for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Parnassus · Asset class: Large Cap Equity - Strategy: Actively Managed · Inception: 2024-12-11 PRCS targets a concentrated portfolio of approximately 20-30 equity securities, emphasizing both value and growth stocks primarily from large-cap US companies. The fund aims to identify businesses that are perceived to be undervalued or possess significant potential for revenue and earnings growth. The investment process involves a comprehensive analysis of company fundamentals, including assessment of financial statements and management quality. Key to the selection criteria are competitive advantages such as strong brand loyalty, operational efficiencies, and a robust network effect. PRCS... ## Key Facts | Metric | Value | |---|---| | Price | $28.96 | | Expense Ratio | 0.58% | | Assets Under Management | $191.1M | | NAV | $28.94 | | Holdings Count | 26 | | Distribution Yield (TTM) | 0.12% | | Annual Distribution (TTM) | $0.04 /share | | Distribution Frequency | Irregular | | 52-Week Range | $24.22 – $29.96 | | Beta | 0.88 | ## Latest Distribution - Amount: $0.0350 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-26 ## Frequently Asked Questions ### What does PRCS invest in? PRCS targets a concentrated portfolio of approximately 20-30 equity securities, emphasizing both value and growth stocks primarily from large-cap US companies. The fund aims to identify businesses that are perceived to be undervalued or possess significant potential for revenue and earnings growth. The investment process involves a comprehensive analysis of company fundamentals, including assessment of financial statements and management quality. Key to the selection criteria are competitive advantages such as strong brand loyalty, operational efficiencies, and a robust network effect. PRCS additionally considers factors related to sustainable business practices, assessing ESG criteria including environmental impact, product safety, and corporate governance. The fund actively monitors its holdings to ensure compliance with its investment criteria, aiming to achieve capital appreciation while maintaining a commitment to responsible investing principles. ### What is the expense ratio of PRCS? Parnassus Income Funds - Parnassus Core Select ETF (PRCS) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PRCS? Parnassus Income Funds - Parnassus Core Select ETF (PRCS) manages $191.1M 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 PRCS actively managed or an index fund? PRCS is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRCS's is 0.58%) in exchange for the discretion to over- or under-weight positions. ### When was PRCS launched? Parnassus Income Funds - Parnassus Core Select ETF (PRCS) launched in December 2024 and is managed by Parnassus. ### How has PRCS performed? PRCS'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 PRCS pay a dividend? Parnassus Income Funds - Parnassus Core Select ETF (PRCS) currently distributes little or no income. Trailing-twelve-month yield is 0.12%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PRCS pay dividends? Parnassus Income Funds - Parnassus Core Select ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PRCS's dividend yield? PRCS's trailing-twelve-month yield is 0.12%, calculated from the sum of dividends over the past year divided by the current price. ### When is PRCS's next ex-dividend date? The most recently announced ex-dividend date for PRCS was 2025-12-19. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will PRCS's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.58% 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 PRCS charge its expense ratio? The expense ratio is deducted in tiny daily slices from PRCS'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 PRCS cost more than a fund like VOO? PRCS is actively managed (current expense ratio 0.58%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PRCS's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PRCS? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as PRCS (0.58%) 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/prcs - Distribution history: https://www.dividenddata.com/funds/prcs/dividend - Holdings & diversification: https://www.dividenddata.com/funds/prcs/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/prcs/expenses - Peer comparison: https://www.dividenddata.com/funds/prcs/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.