Parnassus Mid Cap Growth Fund - Institutional (PFPRX)

Fund Assets	791.12M
Expense Ratio	0.68%
Min. Investment	$100,000
Turnover	61.51%
Dividend (ttm)	9.31
Dividend Yield	15.97%
Dividend Growth	119.63%
Payout Frequency	Annual
Ex-Dividend Date	Dec 5, 2025

Previous Close	57.48
YTD Return	6.85%
1-Year Return	11.39%
5-Year Return	15.82%
52-Week Low	48.54
52-Week High	66.13
Beta (5Y)	0.97
Holdings	46
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.

• Fund Family: Parnassus
• Category: Mid-Cap Growth
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PFPRX
• Share Class: Institutional Shares
• Index: Russell MidCap Growth TR

Performance

PFPRX had a total return of 11.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.74%.

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

33.34% of assets

Name	Symbol	Weight
Datadog, Inc.	DDOG	4.35%
W.W. Grainger, Inc.	GWW	3.66%
Rockwell Automation, Inc.	ROK	3.64%
Teradyne, Inc.	TER	3.59%
Snowflake Inc.	SNOW	3.27%
Monolithic Power Systems, Inc.	MPWR	3.12%
StandardAero, Inc.	SARO	3.01%
Hilton Worldwide Holdings Inc.	HLT	2.94%
Quanta Services, Inc.	PWR	2.93%
Cloudflare, Inc.	NET	2.84%

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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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