Parnassus Growth Equity Institutional (PFPGX)
| Fund Assets | 82.24M |
| Expense Ratio | 0.63% |
| Min. Investment | $100,000 |
| Turnover | 43.62% |
| Dividend (ttm) | 2.75 |
| Dividend Yield | 9.28% |
| Dividend Growth | 104.98% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 29.63 |
| YTD Return | 6.57% |
| 1-Year Return | 17.20% |
| 5-Year Return | n/a |
| 52-Week Low | 24.52 |
| 52-Week High | 31.70 |
| Beta (5Y) | 1.20 |
| Holdings | 39 |
| Inception Date | Dec 28, 2022 |
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 17.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 27.69%.
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
50.05% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.89% |
| Microsoft Corporation | MSFT | 7.75% |
| Amazon.com, Inc. | AMZN | 6.12% |
| Apple Inc. | AAPL | 4.73% |
| Alphabet Inc. | GOOGL | 4.55% |
| Eli Lilly and Company | LLY | 4.08% |
| GE Vernova Inc. | GEV | 4.00% |
| Broadcom Inc. | AVGO | 3.52% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 3.29% |
| Applied Materials, Inc. | AMAT | 3.11% |
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 |