Parnassus Core Equity Fund - Institutional Shares

Frequently Asked Questions About PRILX

What does PRILX invest in?

This fund aims to both expand capital and generate regular income. It achieves these goals principally through substantial investments in a diverse array of equity instruments, encompassing both common and preferred stocks. Ordinarily, a minimum of 80% of its net assets—including any capital borrowed for investment—will be committed to such equity holdings. Furthermore, at least three-quarters of the fund's total assets are typically allocated to income-producing equities, meaning those that pay out interest or dividends.

What is the expense ratio of PRILX?

Parnassus Core Equity Fund - Institutional Shares (PRILX) charges an expense ratio of 0.61%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PRILX?

Parnassus Core Equity Fund - Institutional Shares (PRILX) manages $21.34B 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 PRILX actively managed or an index fund?

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

When was PRILX launched?

Parnassus Core Equity Fund - Institutional Shares (PRILX) launched in April 2006 and is managed by Parnassus.

How has PRILX performed?

PRILX'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.