Parnassus Endeavor is trading at 53.74 as of the 18th of January 2025; that is 0.7 percent down since the beginning of the trading day. The fund's open price was 54.12. Parnassus Endeavor has about a 23 % 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 funds objective is to achieve capital appreciation by investing primarily in a diversified portfolio of equity securities. Equity securities include common and preferred stock. These companies must, in the advisers opinion, be undervalued, but they must also have good prospects for long-term capital appreciation over the course of the expected holding period.. More on Parnassus Endeavor Fund
Parnassus Endeavor Fund [PFPWX] is traded in USA and was established 18th of January 2025. Parnassus Endeavor is listed under Parnassus category by Fama And French industry classification. The fund is listed under Large Value category and is part of Parnassus family. This fund at this time has accumulated 4.69 B in assets with minimum initial investment of 100 K. Parnassus Endeavor is currently producing year-to-date (YTD) return of 0.97% with the current yeild of 0.01%, while the total return for the last 3 years was 2.81%.
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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 Endeavor Fund 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 Endeavor Fund Mutual Fund Constituents
Other Information on Investing in Parnassus Mutual Fund
Parnassus Endeavor 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 Endeavor security.