Senior research analyst Andrew Choi became a member of Parnassus Core Equity’s management team on Jan. 1, 2022. He joins firm and fund-manager veterans Todd Ahlsten and Ben Allen. His addition doesn’t alter the strategy’s Morningstar Analyst Ratings of Gold or Silver across its share classes, depending on fees.
Parnassus Core Equity Institutional PRILX
NAV / 1-Day Return
59.97
/
0.97
%
Total Assets
30.7 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.
0.620%
Expense Ratio
0.620%
Fee Level
Below Average
Longest Manager Tenure
20.72
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
100,000
Status
Open
TTM Yield
0.95%
Turnover
37%
Premium
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 PRILX 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 PRILX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PRILX 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 PRILX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A Manager Addition on Parnassus Core Equity; Ratings Unchanged
