Parnassus Core Equity Fund (PRBLX)
Fund Info
| ISIN | US7017691012 |
|---|---|
| CUSIP | 701769101 |
| Issuer | Parnassus |
| Inception Date | Aug 31, 1992 |
| Region | North America (U.S.) |
| Category | Large Cap Blend Equities |
| Min. Investment | $2,000 |
| Home Page | www.parnassus.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
The Parnassus Core Equity Fund has a high expense ratio of 0.82%, 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 Core Equity 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 Core Equity Fund had a return of 5.14% year-to-date (YTD) and 23.31% in the last 12 months. Over the past 10 years, Parnassus Core Equity Fund had an annualized return of 11.94%, outperforming the S&P 500 benchmark which had an annualized return of 10.46%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.14% | 5.84% |
| 1 month | -3.73% | -2.98% |
| 6 months | 21.10% | 22.02% |
| 1 year | 23.31% | 24.47% |
| 5 years (annualized) | 13.01% | 11.44% |
| 10 years (annualized) | 11.94% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.69% | 4.46% | 3.55% | |||||||||
| 2023 | -5.25% | -1.63% | 9.06% | 4.21% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Parnassus Core Equity Fund(PRBLX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Parnassus Core Equity Fund (PRBLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Parnassus Core Equity Fund granted a 5.72% dividend yield in the last twelve months. The annual payout for that period amounted to $3.31 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.31 | $3.31 | $4.75 | $4.93 | $3.15 | $3.77 | $3.76 | $3.05 | $1.49 | $3.56 | $1.27 | $2.36 |
Dividend yield | 5.72% | 6.01% | 10.13% | 7.77% | 5.87% | 8.02% | 9.64% | 7.16% | 3.80% | 9.62% | 3.12% | 6.42% |
Monthly Dividends
The table displays the monthly dividend distributions for Parnassus Core Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.07 | |||||||||
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $3.00 | $0.09 |
| 2022 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $4.52 | $0.07 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $4.40 | $0.37 |
| 2020 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $2.84 | $0.09 |
| 2019 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $3.43 | $0.09 |
| 2018 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $3.31 | $0.09 |
| 2017 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.00 | $2.50 | $0.21 |
| 2016 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $1.09 | $0.08 |
| 2015 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $2.75 | $0.50 |
| 2014 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.20 | $0.00 | $0.67 | $0.20 |
| 2013 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $1.87 | $0.16 |
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 Core Equity 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 Core Equity Fund was 42.20%, occurring on Mar 9, 2009. Recovery took 258 trading sessions.
The current Parnassus Core Equity Fund drawdown is 4.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.2% | Jun 6, 2008 | 189 | Mar 9, 2009 | 258 | Mar 17, 2010 | 447 |
| -30.09% | Feb 20, 2020 | 23 | Mar 23, 2020 | 92 | Aug 3, 2020 | 115 |
| -26.31% | Dec 30, 2021 | 198 | Oct 12, 2022 | 298 | Dec 19, 2023 | 496 |
| -22.19% | Mar 12, 2002 | 147 | Oct 9, 2002 | 150 | May 15, 2003 | 297 |
| -20.49% | Apr 16, 1998 | 126 | Oct 8, 1998 | 31 | Nov 20, 1998 | 157 |
Volatility
Volatility Chart
The current Parnassus Core Equity Fund volatility is 3.51%, 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.