Parnassus Growth Equity Institutional (PFPGX)
| Fund Assets | 86.49M |
| Expense Ratio | 0.63% |
| Min. Investment | $100,000 |
| Turnover | 34.89% |
| Dividend (ttm) | 2.75 |
| Dividend Yield | 10.39% |
| Dividend Growth | 104.98% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 27.02 |
| YTD Return | -6.07% |
| 1-Year Return | 8.04% |
| 5-Year Return | n/a |
| 52-Week Low | 19.30 |
| 52-Week High | 28.90 |
| Beta (5Y) | 1.22 |
| Holdings | 40 |
| Inception Date | n/a |
About PFPGX
The Parnassus Growth Equity Fund Institutional Shares is an actively managed mutual fund that focuses on U.S. large-cap growth equities. The fund maintains a concentrated, high-conviction portfolio of approximately 40 stocks, primarily targeting companies poised for long-term growth across diverse sectors such as technology, consumer cyclical, communication services, financial services, and healthcare. Designed for institutional investors, it offers a competitive expense ratio and below-average distribution fee relative to its peers, providing cost efficiency at scale. The portfolio is characterized by a substantial allocation to the technology sector and typically has a moderate turnover rate, reflecting disciplined investment decisions. Managed by a stable and experienced team, the fund seeks to deliver growth by selecting high-quality companies with strong fundamentals and the potential to outperform over time. Its approach and structure position it as a notable option within the large-cap growth segment of the mutual fund market, appealing to investors seeking exposure to leading U.S. growth companies through a thoughtfully curated investment vehicle.
Performance
PFPGX had a total return of 8.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 33.05%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PFGEX | Investor Shares | 0.84% |
Top 10 Holdings
50.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 9.77% |
| NVIDIA Corporation | NVDA | 9.50% |
| Alphabet Inc. | GOOGL | 5.87% |
| Amazon.com, Inc. | AMZN | 4.58% |
| Broadcom Inc. | AVGO | 4.53% |
| Apple Inc. | AAPL | 4.05% |
| Visa Inc. | V | 3.77% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 3.03% |
| Eli Lilly and Company | LLY | 2.59% |
| ASML Holding N.V. | ASML | 2.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.0416 | Dec 19, 2025 |
| Dec 5, 2025 | $2.7068 | Dec 8, 2025 |
| Dec 20, 2024 | $0.2414 | Dec 20, 2024 |
| Dec 6, 2024 | $1.0994 | Dec 6, 2024 |
| Dec 20, 2023 | $0.384 | Dec 20, 2023 |