Parnassus Mid Cap Fund Quote
| PARMX Fund | USD 36.62 0.25 0.69% |
PerformanceVery Weak
| Odds Of DistressLow
|
Parnassus Mid is trading at 36.62 as of the 19th of March 2025; that is 0.69 percent up since the beginning of the trading day. The fund's open price was 36.37. Parnassus Mid has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in mid-sized companies. The funds managers consider a mid-sized company to be one that has a market capitalization between that of the smallest and largest constituents of the Russell Midcap Index measured at the time of purchase. More on Parnassus Mid Cap
Moving together with Parnassus Mutual Fund
Parnassus Mutual Fund Highlights
| Fund Concentration | Parnassus Funds, Large Funds, Mid-Cap Blend Funds, Mid-Cap Blend, Parnassus (View all Sectors) |
| Update Date | 31st of March 2025 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Parnassus Mid Cap [PARMX] is traded in USA and was established 19th of March 2025. Parnassus Mid is listed under Parnassus category by Fama And French industry classification. The fund is listed under Mid-Cap Blend category and is part of Parnassus family. This fund at this time has accumulated 5.83 B in assets with no minimum investment requirementsParnassus Mid Cap is currently producing year-to-date (YTD) return of 2.49% with the current yeild of 0.0%, while the total return for the last 3 years was 4.04%.
Check Parnassus Mid Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Parnassus Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Parnassus Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Parnassus Mid Cap Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Parnassus Mid Cap Mutual Fund Constituents
| GWRE | Guidewire Software | Stock | Information Technology | |
| XRAY | Dentsply Sirona | Stock | Health Care | |
| COLD | Americold Realty Trust | Stock | Real Estate | |
| WDC | Western Digital | Stock | Information Technology | |
| HOLX | Hologic | Stock | Health Care | |
| BURL | Burlington Stores | Stock | Consumer Discretionary | |
| RSG | Republic Services | Stock | Industrials | |
| FDX | FedEx | Stock | Industrials |
Parnassus Mid Cap Risk Profiles
| Mean Deviation | 0.7839 | |||
| Standard Deviation | 1.06 | |||
| Variance | 1.13 | |||
| Risk Adjusted Performance | (0.17) |
Parnassus Mid Against Markets
Other Information on Investing in Parnassus Mutual Fund
Parnassus Mid financial ratios help investors to determine whether Parnassus Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parnassus with respect to the benefits of owning Parnassus Mid security.
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