Parnassus Fund Inst Fund Quote
| PFPRX Fund | USD 65.81 0.16 0.24% |
Performance12 of 100
| Odds Of DistressLess than 18
|
Parnassus Fund is trading at 65.81 as of the 1st of December 2024; that is 0.24 percent up since the beginning of the trading day. The fund's open price was 65.65. Parnassus Fund has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Parnassus Fund Inst are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2023 and ending today, the 1st of December 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in mid-sized growth companies. The fund will not automatically sell or cease to purchase stock of a company it already owns just because the companys market capitalization grows or falls outside the ranges of the Russell Midcap Growth Index, which are subject to change. More on Parnassus Fund Inst
Moving together with Parnassus Mutual Fund
| 0.91 | PFGEX | Parnassus Funds | PairCorr |
| 0.91 | PFPGX | Parnassus Funds | PairCorr |
| 0.97 | PFPMX | Parnassus Mid Cap | PairCorr |
| 0.96 | PFPWX | Parnassus Endeavor | PairCorr |
| 0.94 | PRBLX | Parnassus E Equity | PairCorr |
Moving against Parnassus Mutual Fund
Parnassus Mutual Fund Highlights
| Fund Concentration | Parnassus Funds, Large Funds, Mid-Cap Growth Funds, Mid-Cap Growth, Parnassus (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Parnassus Fund Inst [PFPRX] is traded in USA and was established 1st of December 2024. Parnassus Fund is listed under Parnassus category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of Parnassus family. This fund at this time has accumulated 740.82 M in assets with no minimum investment requirementsParnassus Fund Inst is currently producing year-to-date (YTD) return of 17.88%, while the total return for the last 3 years was 1.65%.
Check Parnassus Fund 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 Fund Inst 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 Fund Inst Mutual Fund Constituents
| POOL | Pool Corporation | Stock | Consumer Discretionary | |
| PGR | Progressive Corp | Stock | Financials | |
| MAT | Mattel Inc | Stock | Consumer Discretionary | |
| TTD | Trade Desk | Stock | Information Technology | |
| ODFL | Old Dominion Freight | Stock | Industrials | |
| IDXX | IDEXX Laboratories | Stock | Health Care | |
| SBUX | Starbucks | Stock | Consumer Discretionary | |
| CDNS | Cadence Design Systems | Stock | Information Technology |
Parnassus Fund Inst Risk Profiles
| Mean Deviation | 0.6985 | |||
| Semi Deviation | 0.8651 | |||
| Standard Deviation | 0.9435 | |||
| Variance | 0.8901 |
Parnassus Fund Against Markets
Other Information on Investing in Parnassus Mutual Fund
Parnassus Fund 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 Fund security.
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