Parnassus Mid Cap Fund (PARMX)
| Fund Assets | 2.53B |
| Expense Ratio | 0.95% |
| Min. Investment | $2,000 |
| Turnover | 52.63% |
| Dividend (ttm) | 3.93 |
| Dividend Yield | 9.26% |
| Dividend Growth | 5.78% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 42.09 |
| YTD Return | 9.84% |
| 1-Year Return | 15.78% |
| 5-Year Return | 27.25% |
| 52-Week Low | 36.45 |
| 52-Week High | 42.90 |
| Beta (5Y) | 0.98 |
| 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.
Performance
PARMX had a total return of 15.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.99%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
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
35.92% of assets| Name | Symbol | Weight |
|---|---|---|
| The Bank of New York Mellon Corporation | BNY | 4.66% |
| NXP Semiconductors N.V. | NXPI | 4.28% |
| Cboe Global Markets, Inc. | CBOE | 4.07% |
| Synopsys, Inc. | SNPS | 3.59% |
| Lam Research Corporation | LRCX | 3.38% |
| Western Digital Corporation | WDC | 3.29% |
| KLA Corporation | KLAC | 3.24% |
| Brookfield Renewable Corporation | BEPC | 3.18% |
| CMS Energy Corporation | CMS | 3.16% |
| Vulcan Materials Company | VMC | 3.07% |
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 |