- 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 $23.98B 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 the fund issuer.
- 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.
