Parnassus Mid Cap Growth Fund - Investor (PARNX)
| Fund Assets | 808.75M |
| Expense Ratio | 0.80% |
| Min. Investment | $2,000 |
| Turnover | 61.51% |
| Dividend (ttm) | 9.31 |
| Dividend Yield | 16.14% |
| Dividend Growth | 119.63% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 5, 2025 |
| Previous Close | 57.69 |
| YTD Return | 6.75% |
| 1-Year Return | 12.47% |
| 5-Year Return | 18.54% |
| 52-Week Low | 48.10 |
| 52-Week High | 65.65 |
| Beta (5Y) | 1.17 |
| Holdings | 45 |
| 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.
Performance
PARNX had a total return of 12.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.38%.
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 |
|---|---|---|
| PFPRX | Institutional Shares | 0.68% |
Top 10 Holdings
36.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Hilton Worldwide Holdings Inc. | HLT | 4.54% |
| Datadog, Inc. | DDOG | 3.98% |
| Quanta Services, Inc. | PWR | 3.94% |
| Teradyne, Inc. | TER | 3.67% |
| W.W. Grainger, Inc. | GWW | 3.66% |
| Monolithic Power Systems, Inc. | MPWR | 3.43% |
| Rockwell Automation, Inc. | ROK | 3.42% |
| Royal Caribbean Cruises Ltd. | RCL | 3.24% |
| KLA Corporation | KLAC | 3.16% |
| Old Dominion Freight Line, Inc. | ODFL | 3.10% |
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 |