Parnassus Endeavor Fund (PARWX)
The fund’s 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 adviser's opinion, be undervalued, but they must also have good prospects for long-term capital appreciation over the course of the expected holding period.
Fund Info
| ISIN | US7017658698 |
|---|---|
| CUSIP | 701765869 |
| Issuer | Parnassus |
| Inception Date | Apr 29, 2005 |
| Category | Large Cap Value Equities |
| Min. Investment | $2,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
PARWX has a high expense ratio of 0.88%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Parnassus Endeavor Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Parnassus Endeavor Fund had a return of 7.82% year-to-date (YTD) and 22.29% in the last 12 months. Over the past 10 years, Parnassus Endeavor Fund had an annualized return of 13.26%, outperforming the S&P 500 benchmark which had an annualized return of 10.90%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.82% | 11.05% |
| 1 month | 3.65% | 4.86% |
| 6 months | 17.53% | 17.50% |
| 1 year | 22.29% | 27.37% |
| 5 years (annualized) | 15.01% | 13.14% |
| 10 years (annualized) | 13.26% | 10.90% |
Monthly Returns
The table below presents the monthly returns of PARWX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.01% | 2.59% | 6.32% | -6.02% | 7.82% | ||||||||
| 2023 | 7.33% | -3.64% | -1.92% | 0.83% | -3.87% | 6.45% | 3.61% | -2.08% | -5.18% | -3.07% | 9.54% | 6.34% | 13.67% |
| 2022 | -2.70% | -3.35% | 0.30% | -7.04% | 1.67% | -8.01% | 5.94% | -4.11% | -8.96% | 11.47% | 6.90% | -4.50% | -13.71% |
| 2021 | 1.47% | 9.24% | 5.42% | 4.61% | 1.47% | 1.75% | -0.57% | 1.50% | -5.40% | 3.92% | -2.64% | 7.54% | 31.09% |
| 2020 | -1.26% | -5.84% | -19.38% | 11.60% | 4.67% | 5.38% | 4.94% | 4.71% | -0.21% | 0.75% | 17.83% | 6.08% | 27.42% |
| 2019 | 12.92% | 4.72% | 0.15% | 3.54% | -10.65% | 8.00% | 3.51% | -5.54% | 4.76% | 3.17% | 3.41% | 3.08% | 33.28% |
| 2018 | 6.51% | -5.15% | -3.46% | -1.88% | 2.19% | 1.35% | 4.72% | 1.27% | -0.67% | -8.55% | 5.05% | -13.84% | -13.58% |
| 2017 | 1.00% | 3.27% | -0.17% | 0.93% | 1.62% | 3.04% | 1.07% | -0.03% | 2.45% | 0.43% | 6.09% | -1.25% | 19.85% |
| 2016 | -7.41% | 3.08% | 5.56% | -1.52% | 4.78% | -1.92% | 4.16% | 5.27% | 1.18% | -1.73% | 7.07% | 2.02% | 21.41% |
| 2015 | -2.67% | 6.28% | -0.48% | 0.65% | 2.03% | -1.04% | 1.44% | -5.57% | -3.20% | 7.71% | 0.06% | -1.24% | 3.25% |
| 2014 | -2.33% | 4.32% | 0.87% | 1.01% | 2.18% | 2.65% | -0.58% | 2.74% | -0.77% | 1.44% | 5.19% | 0.62% | 18.52% |
| 2013 | 5.37% | -0.64% | 3.45% | 1.33% | 3.45% | -0.08% | 5.41% | -3.02% | 3.73% | 2.66% | 2.72% | 3.40% | 31.17% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PARWX is 67, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
PARWX (Parnassus Endeavor Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Parnassus Endeavor Fund (PARWX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Parnassus Endeavor Fund granted a 1.63% dividend yield in the last twelve months. The annual payout for that period amounted to $0.89 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.89 | $0.89 | $1.35 | $9.05 | $0.34 | $0.30 | $3.56 | $2.35 | $1.08 | $2.88 | $2.01 | $2.03 |
Dividend yield | 1.63% | 1.76% | 2.97% | 16.75% | 0.70% | 0.79% | 12.34% | 6.32% | 3.27% | 10.26% | 6.72% | 7.52% |
Monthly Dividends
The table displays the monthly dividend distributions for Parnassus Endeavor Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.60 | $0.89 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.58 | $1.35 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.08 | $0.97 | $9.05 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.04 | $0.52 | $3.56 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.58 | $0.77 | $2.35 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | $0.32 | $1.08 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.01 | $0.87 | $2.88 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.50 | $0.51 | $2.01 |
| 2013 | $1.53 | $0.50 | $2.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Parnassus Endeavor Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Parnassus Endeavor Fund was 47.76%, occurring on Mar 9, 2009. Recovery took 153 trading sessions.
The current Parnassus Endeavor Fund drawdown is 2.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.76% | Oct 15, 2007 | 351 | Mar 9, 2009 | 153 | Oct 14, 2009 | 504 |
| -37.21% | Feb 13, 2020 | 27 | Mar 23, 2020 | 138 | Oct 7, 2020 | 165 |
| -25.62% | Jan 13, 2022 | 180 | Sep 30, 2022 | 355 | Mar 1, 2024 | 535 |
| -25.58% | Jan 29, 2018 | 229 | Dec 24, 2018 | 145 | Jul 24, 2019 | 374 |
| -23.53% | Feb 22, 2011 | 156 | Oct 3, 2011 | 109 | Mar 9, 2012 | 265 |
Volatility
Volatility Chart
The current Parnassus Endeavor Fund volatility is 3.15%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.