Parnassus Mid Cap Fund (PARMX)

Fund Assets	2.38B
Expense Ratio	0.95%
Min. Investment	$2,000
Turnover	52.63%
Dividend (ttm)	0.09
Dividend Yield	0.21%
Dividend Growth	13.32%
Payout Frequency	n/a
Ex-Dividend Date	Dec 19, 2025

Previous Close	41.16
YTD Return	7.86%
1-Year Return	12.32%
5-Year Return	22.13%
52-Week Low	36.45
52-Week High	42.90
Beta (5Y)	0.99
Holdings	41
Inception Date	Apr 29, 2005

About PARMX

Parnassus Mid Cap Fund Investor Shares is an actively managed mutual fund that primarily targets capital appreciation by investing at least 80% of its net assets in mid-sized U.S. companies. The fund defines mid-cap companies as those with market capitalizations that fit within the range of the smallest to largest constituents of the Russell Midcap® Index, which itself broadly represents approximately 800 of the smallest firms in the larger Russell 1000® Index. The portfolio typically holds 35 to 45 high-conviction positions, emphasizing companies with strong fundamentals and long-term growth potential. Parnassus Mid Cap Fund also integrates environmental, social, and governance (ESG) criteria in its investment decision-making process, appealing to investors seeking responsible investing options. With total assets around $2.85 billion and an expense ratio of 0.96%, the fund provides semi-annual dividend payouts and has delivered a consistent record of long-term returns, including an average annual return since inception of 8.41%. The fund plays a significant role in offering diversified exposure to high-quality U.S. mid-cap equities in the mutual fund landscape.

• Fund Family: Parnassus
• Category: Mid-Cap Blend
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PARMX
• Share Class: Investor Shares
• Index: Russell MidCap TR

Performance

PARMX had a total return of 12.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.84%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWMCX	Schwab	Schwab ® US Mid-Cap Index	0.04%
FLAPX	Fidelity	Fidelity Flex Mid Cap Index Fund	n/a
FSMDX	Fidelity	Fidelity Mid Cap Index Fund	0.03%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PFPMX	Institutional Shares	0.75%

Top 10 Holdings

33.57% of assets

Name	Symbol	Weight
The Bank of New York Mellon Corporation	BNY	4.78%
Cboe Global Markets, Inc.	CBOE	3.73%
Xylem Inc.	XYL	3.34%
US Foods Holding Corp.	USFD	3.25%
The Williams Companies, Inc.	WMB	3.14%
Ferguson Enterprises Inc.	FERG	3.14%
KLA Corporation	KLAC	3.07%
CMS Energy Corporation	CMS	3.07%
NXP Semiconductors N.V.	NXPI	3.03%
Ingersoll Rand Inc.	IR	3.02%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.873	Dec 19, 2025
Dec 5, 2025	$3.0531	Dec 5, 2025
Dec 20, 2024	$1.8574	Dec 20, 2024
Dec 6, 2024	$1.8541	Dec 6, 2024
Dec 20, 2023	$0.1362	Dec 20, 2023
Nov 16, 2023	$0.7164	Nov 16, 2023

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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