Frequently Asked Questions About PRFIX

What does PRFIX invest in?

The fund typically allocates a minimum of 80% of its total assets (including any capital acquired through borrowing for investment) to a diverse array of bonds and other fixed-income securities. Its primary holdings consist of corporate bonds, U.S. Treasury securities, and debt instruments from supranational organizations, with a strong emphasis placed on corporate debt. The portfolio may also incorporate obligations from U.S. government agencies, mortgage-backed securities (both commercial and residential), and various other asset-backed securities. While the majority of its investments are in domestic securities, a smaller portion may be allocated to U.S. dollar-denominated foreign securities.

What is the expense ratio of PRFIX?

Parnassus Fixed Income Fund - Investor Shares (PRFIX) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations.

What is the duration of PRFIX?

Effective duration measures PRFIX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PRFIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PRFIX?

PRFIX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of PRFIX?

Yield to maturity (YTM) is the total return you'd earn from PRFIX if every bond in the portfolio is held to maturity at the current price. PRFIX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

How big is PRFIX?

Parnassus Fixed Income Fund - Investor Shares (PRFIX) manages $85.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

PRFIX (Parnassus Fixed Income Fund - Investor Shares) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

PRFIX

Parnassus Fixed Income Fund - Investor Shares

NASDAQ·Asset Management, Income · Financial Services

$14.72$0.00+0.00%

Market closed·May 1 8:00 PM UTC

Price Chart

$14.72+$0.00 (+0.00%)today

−16.74%CAGR −3.60%

Select date range

FromTo

Aug 31, 1992Sep 13, 2021 → Sep 13, 2026· 5.0 yrsSep 13, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

FrequencyMonthly

Most Recent—

Ex-Dividend Date—

Payment Date—

Cost & RiskExpenses Tab

Expense Ratio0.58%

Cost per 10k Invested$58.00

AUM$85.88M

Avg Daily Volume—

Price$14.72

NAV$14.72

Premium / Discount+0.00%

52-Week Range$14.44 – $15.28

Beta0.97

Fund Overview

Cost Verdict

Is PRFIX's expense ratio expensive, average, or a steal for its category?

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Issuer: Parnassus
Asset Class: Bond
Strategy: Thematic
Inception: August 31, 1992
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: —
CUSIP: —

Peers

Peers Tab

PFPLX

Parnassus Fixed Income Fund - Institutional Shares

Cap

$85.9M

CLFLX

CLS Flexible Income Fund Class N

Cap

$89.9M

EVY

Eaton Vance New York Municipal Income Trust

Cap

$81.9M

Latest News

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Frequently Asked Questions About PRFIX

What does PRFIX invest in?: The fund typically allocates a minimum of 80% of its total assets (including any capital acquired through borrowing for investment) to a diverse array of bonds and other fixed-income securities. Its primary holdings consist of corporate bonds, U.S. Treasury securities, and debt instruments from supranational organizations, with a strong emphasis placed on corporate debt. The portfolio may also incorporate obligations from U.S. government agencies, mortgage-backed securities (both commercial and residential), and various other asset-backed securities. While the majority of its investments are in domestic securities, a smaller portion may be allocated to U.S. dollar-denominated foreign securities.
What is the expense ratio of PRFIX?: Parnassus Fixed Income Fund - Investor Shares (PRFIX) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations.
What is the duration of PRFIX?: Effective duration measures PRFIX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PRFIX's current duration is published on the fund's factsheet on the issuer's website.
What is the credit quality of PRFIX?: PRFIX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
What is the yield to maturity of PRFIX?: Yield to maturity (YTM) is the total return you'd earn from PRFIX if every bond in the portfolio is held to maturity at the current price. PRFIX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
How big is PRFIX?: Parnassus Fixed Income Fund - Investor Shares (PRFIX) manages $85.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.