Parnassus Mid Cap Growth’s capable managers and experienced investment team have increased our conviction and earn a Morningstar Analyst Rating upgrade to Bronze from Neutral for both share classes.
Parnassus Mid Cap Growth Institutional PFPRX
NAV / 1-Day Return
68.80
/
0.26
%
Total Assets
1.2 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.680%
Expense Ratio
0.680%
Fee Level
Below Average
Longest Manager Tenure
8.48
years
Category
Mid-Cap Growth
Investment Style
Mid GrowthMin. Initial Investment
100,000
Status
Open
TTM Yield
0.08%
Turnover
82%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PFPRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PFPRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PFPRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PFPRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A talented team backs this renewed strategy focus.
