Parnassus Growth Equity Institutional (PFPGX)

Fund Assets	85.79M
Expense Ratio	0.619%
Min. Investment	$100,000
Turnover	43.62%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Dec 19, 2025

Previous Close	31.03
YTD Return	10.51%
1-Year Return	13.83%
5-Year Return	n/a
52-Week Low	24.52
52-Week High	32.27
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.

• Fund Family: Parnassus
• Category: Large-Cap Growth
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PFPGX
• Share Class: Institutional Shares

Performance

PFPGX had a total return of 13.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 26.71%.

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

52.62% of assets

Name	Symbol	Weight
Alphabet Inc.	GOOGL	11.62%
NVIDIA Corporation	NVDA	10.48%
Microsoft Corporation	MSFT	4.65%
Apple Inc.	AAPL	4.51%
Meta Platforms, Inc.	META	4.42%
Eli Lilly and Company	LLY	3.63%
Broadcom Inc.	AVGO	3.48%
GE Vernova Inc.	GEV	3.43%
Advanced Micro Devices, Inc.	AMD	3.25%
Visa Inc.	V	3.15%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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