Parnassus Value Equity Fund Investor Shares (PARWX)
| Fund Assets | 4.61B |
| Expense Ratio | 0.88% |
| Min. Investment | $2,000 |
| Turnover | 34.25% |
| Dividend (ttm) | 6.75 |
| Dividend Yield | 11.16% |
| Dividend Growth | 56.16% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 59.71 |
| YTD Return | 8.77% |
| 1-Year Return | 36.30% |
| 5-Year Return | 49.93% |
| 52-Week Low | 49.96 |
| 52-Week High | 62.05 |
| Beta (5Y) | 1.00 |
| Holdings | 46 |
| Inception Date | Apr 29, 2005 |
About PARWX
Parnassus Value Equity Fund Investor Shares is an actively managed mutual fund focused on large-cap value equities in the United States. Its primary objective is to achieve capital appreciation by investing in a diversified portfolio of equity securities, including common and preferred stocks. The fund typically holds 40 to 45 high-conviction positions, targeting companies that are, in the view of the management team, undervalued but possess strong prospects for long-term growth. Notably, the fund maintains a high concentration in its top holdings, with approximately 32% of assets allocated to its top ten investments, spanning sectors such as financial services, consumer goods, industrials, and real estate. Launched in 2005, the fund is managed by a team with an average tenure of over three years and is recognized for integrating environmental, social, and governance (ESG) considerations into its investment process. It serves investors seeking exposure to U.S. large-cap stocks with a value-oriented and responsible investment approach, playing a notable role within the U.S. equity mutual fund landscape.
Performance
PARWX had a total return of 36.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.62%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSLVX | Fidelity | Fidelity Stock Selector Large Cap Value Fund | 0.81% |
| SWLVX | Schwab | Schwab U.S. Large-Cap Value Index Fund | 0.03% |
| FSCZX | Fidelity | Fidelity Advisor Stock Selector Large Cap Value Fund - Class Z | 0.71% |
| FLUAX | Fidelity | Fidelity Advisor Stock Selector Large Cap Value Fund - Class A | 1.11% |
| FIOOX | Fidelity | Fidelity Series Large Cap Value Index Fund | 0.05% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PFPWX | Institutional Shares | 0.65% |
Top 10 Holdings
32.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Alphabet Inc. | GOOGL | 4.20% |
| JPMorgan Chase & Co. | JPM | 3.65% |
| The Bank of New York Mellon Corporation | BK | 3.57% |
| Verizon Communications Inc. | VZ | 3.44% |
| Cummins Inc. | CMI | 3.29% |
| CBRE Group, Inc. | CBRE | 3.09% |
| S&P Global Inc. | SPGI | 2.91% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.72% |
| AstraZeneca PLC | AZN | 2.71% |
| Mastercard Incorporated | MA | 2.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.5702 | Dec 19, 2025 |
| Dec 5, 2025 | $6.1843 | Dec 5, 2025 |
| Dec 20, 2024 | $0.7519 | Dec 20, 2024 |
| Dec 6, 2024 | $3.5734 | Dec 6, 2024 |
| Dec 20, 2023 | $0.6042 | Dec 20, 2023 |
| Nov 16, 2023 | $0.2863 | Nov 16, 2023 |