Parnassus Mid Cap Growth Fund - Institutional (PFPRX)
| Fund Assets | 809.85M |
| Expense Ratio | 0.68% |
| Min. Investment | $100,000 |
| Turnover | 41.45% |
| Dividend (ttm) | 9.31 |
| Dividend Yield | 17.34% |
| Dividend Growth | 119.63% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 5, 2025 |
| Previous Close | 53.12 |
| YTD Return | -0.81% |
| 1-Year Return | 2.22% |
| 5-Year Return | 9.70% |
| 52-Week Low | 38.78 |
| 52-Week High | 56.75 |
| Beta (5Y) | n/a |
| Holdings | 44 |
| Inception Date | Apr 30, 2015 |
About PFPRX
Parnassus Mid Cap Growth Fund Institutional Shares is a mutual fund specializing in U.S. mid-cap growth equities. Its primary objective is to achieve capital appreciation by investing predominantly—at least 80% of its net assets—in mid-sized, fast-growing companies with robust balance sheets and strong growth prospects. The portfolio typically comprises 35 to 45 high-conviction holdings, emphasizing quality, financial health, and sustainable growth characteristics. The fund's strategy allows for flexibility, as it may retain positions even if their market capitalization shifts outside the traditional mid-cap range, and can allocate up to 20% of assets to both smaller- and larger-cap companies. This fund is noted for its focus on companies driving innovation and expansion within their sectors, making it a significant option for those seeking exposure to the dynamic mid-cap segment of the U.S. equity market. While growth remains the central theme, the fund is also scrutinized for its social and environmental considerations, reflecting an awareness of issues like fossil fuel exposure and other ESG factors.
Performance
PFPRX had a total return of 2.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.15%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PARNX | Investor Shares | 0.80% |
Top 10 Holdings
32.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Hilton Worldwide Holdings Inc. | HLT | 4.21% |
| BILL Holdings, Inc. | BILL | 3.87% |
| Teradyne, Inc. | TER | 3.57% |
| Rockwell Automation, Inc. | ROK | 3.12% |
| W.W. Grainger, Inc. | GWW | 3.08% |
| Monolithic Power Systems, Inc. | MPWR | 2.99% |
| Cloudflare, Inc. | NET | 2.94% |
| Datadog, Inc. | DDOG | 2.86% |
| IDEXX Laboratories, Inc. | IDXX | 2.82% |
| StandardAero, Inc. | SARO | 2.79% |
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 |