Parnassus Value Equity Fund Institutional Shares (PFPWX)

Fund Assets	5.35B
Expense Ratio	0.65%
Min. Investment	$100,000
Turnover	34.25%
Dividend (ttm)	6.87
Dividend Yield	10.35%
Dividend Growth	55.27%
Payout Frequency	n/a
Ex-Dividend Date	Dec 19, 2025

Previous Close	66.70
YTD Return	19.51%
1-Year Return	29.61%
5-Year Return	58.79%
52-Week Low	53.60
52-Week High	67.16
Beta (5Y)	1.27
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.

• Fund Family: Parnassus
• Category: Large Value
• Performance Rating: Above Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: PFPWX
• Share Class: Institutional Shares
• Index: Russell 1000 Value TR

Performance

PFPWX had a total return of 29.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.04%.

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™ Admiral™	0.18%

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

36.27% of assets

Name	Symbol	Weight
Amazon.com, Inc.	AMZN	6.77%
Microsoft Corporation	MSFT	5.13%
JPMorgan Chase & Co.	JPM	3.72%
Alphabet Inc.	GOOGL	3.42%
The Bank of New York Mellon Corporation	BNY	3.34%
The Coca-Cola Company	KO	3.03%
Verizon Communications Inc.	VZ	2.95%
Taiwan Semiconductor Manufacturing Company Limited	TSM	2.66%
CBRE Group, Inc.	CBRE	2.65%
Mastercard Incorporated	MA	2.61%

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

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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