Parnassus Value Equity Fund Institutional Shares (PFPWX)
| Fund Assets | 4.95B |
| Expense Ratio | 0.65% |
| Min. Investment | $100,000 |
| Turnover | 34.25% |
| Dividend (ttm) | 6.87 |
| Dividend Yield | 12.83% |
| Dividend Growth | 55.27% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 53.60 |
| YTD Return | -3.96% |
| 1-Year Return | 17.54% |
| 5-Year Return | 40.49% |
| 52-Week Low | 45.59 |
| 52-Week High | 62.35 |
| Beta (5Y) | n/a |
| Holdings | 46 |
| Inception Date | Apr 30, 2015 |
About PFPWX
The Parnassus Value Equity Fund is a mutual fund designed to achieve capital appreciation by investing primarily in a diversified portfolio of equity securities. It focuses on a high-conviction strategy, typically holding approximately 40 to 45 U.S. large-cap stocks that have potential for growth but are currently undervalued. This fund is tailored towards investors seeking long-term capital growth through a concentrated portfolio of companies with strong fundamentals. The Parnassus Value Equity Fund plays a significant role in the financial market by providing investors with access to a curated selection of large-cap equities, emphasizing value investing principles. It caters to those seeking exposure to established companies with future growth potential, contributing to the broader landscape of equity investment opportunities.
Performance
PFPWX had a total return of 17.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.24%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWNEX | Vanguard | Vanguard Windsor™ Fund Admiral™ Shares | 0.26% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PARWX | Investor Shares | 0.88% |
Top 10 Holdings
31.89% of assets| Name | Symbol | Weight |
|---|---|---|
| Alphabet Inc. | GOOGL | 4.24% |
| The Bank of New York Mellon Corporation | BK | 3.35% |
| Cummins Inc. | CMI | 3.29% |
| Verizon Communications Inc. | VZ | 3.21% |
| CBRE Group, Inc. | CBRE | 3.15% |
| Bank of America Corporation | BAC | 3.13% |
| JPMorgan Chase & Co. | JPM | 3.01% |
| Sysco Corporation | SYY | 2.93% |
| S&P Global Inc. | SPGI | 2.81% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.6901 | Dec 19, 2025 |
| Dec 5, 2025 | $6.1843 | Dec 8, 2025 |
| Dec 20, 2024 | $0.854 | Dec 20, 2024 |
| Dec 6, 2024 | $3.5734 | Dec 6, 2024 |
| Dec 20, 2023 | $0.7149 | Dec 20, 2023 |
| Nov 16, 2023 | $0.2863 | Nov 16, 2023 |