Parnassus Fund Investor Fund Quote
| PARNX Fund | USD 59.67 0.03 0.05% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Parnassus Fund is trading at 59.67 as of the 18th of January 2025; that is 0.05 percent up since the beginning of the trading day. The fund's open price was 59.64. Parnassus Fund has about a 22 % 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 18th of January 2025. 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 Investor
Moving together with 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 Investor [PARNX] is traded in USA and was established 18th of January 2025. 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 minimum initial investment of 2 K. Parnassus Fund Investor is currently producing year-to-date (YTD) return of 2.1%, while the total return for the last 3 years was 2.86%.
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 Investor 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 Investor Mutual Fund Constituents
| CDNS | Cadence Design Systems | Stock | Information Technology | |
| NVS | Novartis AG ADR | Stock | Health Care | |
| PX | P10 Inc | Stock | Financials | |
| IBM | International Business Machines | Stock | Information Technology | |
| MSI | Motorola Solutions | Stock | Information Technology | |
| HOLX | Hologic | Stock | Health Care | |
| NVDA | NVIDIA | Stock | Information Technology | |
| GILD | Gilead Sciences | Stock | Health Care |
Parnassus Fund Investor Risk Profiles
| Mean Deviation | 0.8766 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.65 | |||
| Risk Adjusted Performance | (0.06) |
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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