Parnassus Mid Cap Growth Fund - Investor (PARNX)

Fund Assets	791.12M
Expense Ratio	0.80%
Min. Investment	$2,000
Turnover	61.51%
Dividend (ttm)	9.31
Dividend Yield	16.29%
Dividend Growth	119.63%
Payout Frequency	Annual
Ex-Dividend Date	Dec 5, 2025

Previous Close	56.93
YTD Return	6.78%
1-Year Return	11.25%
5-Year Return	15.14%
52-Week Low	48.10
52-Week High	65.65
Beta (5Y)	1.17
Holdings	46
Inception Date	Dec 31, 1984

About PARNX

The Parnassus Mid Cap Growth Fund Investor Shares is a mutual fund focused on achieving long-term capital appreciation by investing primarily in high-quality, fast-growing U.S. mid-cap companies. The fund typically allocates at least 80% of its net assets to mid-sized growth firms, selecting companies that demonstrate strong balance sheets and robust growth potential. Employing a contrarian investment strategy, it seeks out stocks that are undervalued or out of favor within the financial community, aiming to capitalize on future growth opportunities. The fund may also allocate a portion of its assets to smaller or larger companies, and up to 15% in foreign securities. Additionally, it supports community development by investing up to 5% in loan funds targeting small businesses and affordable housing. With a concentrated portfolio usually comprising 35 to 45 holdings, the fund targets a high active share relative to its benchmark, the Russell Midcap Growth Index, striving for performance that exceeds passive strategies over the long term. This fund plays a significant role in providing investors access to the growth potential of mid-sized enterprises while incorporating thoughtful, active portfolio management and selective social impact elements.

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

Performance

PARNX had a total return of 11.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.35%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FDEGX	Fidelity	Fidelity Growth Strategies Fund	0.69%
FSKGX	Fidelity	Fidelity Growth Strategies K6 Fund	0.46%
FAGKX	Fidelity	Fidelity Growth Strategies K	0.62%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PFPRX	Institutional Shares	0.68%

Top 10 Holdings

33.34% of assets

Name	Symbol	Weight
Datadog, Inc.	DDOG	4.35%
W.W. Grainger, Inc.	GWW	3.66%
Rockwell Automation, Inc.	ROK	3.64%
Teradyne, Inc.	TER	3.59%
Snowflake Inc.	SNOW	3.27%
Monolithic Power Systems, Inc.	MPWR	3.12%
StandardAero, Inc.	SARO	3.01%
Hilton Worldwide Holdings Inc.	HLT	2.94%
Quanta Services, Inc.	PWR	2.93%
Cloudflare, Inc.	NET	2.84%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 5, 2025	$9.313	Dec 8, 2025
Dec 6, 2024	$4.2403	Dec 6, 2024
Nov 16, 2023	$1.5875	Nov 16, 2023
Nov 17, 2022	$0.5199	Nov 17, 2022
Dec 22, 2021	$0.9337	Dec 22, 2021
Nov 18, 2021	$1.9621	Nov 18, 2021

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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