Skip to Content
Morningstar

Parnassus Mid Cap Institutional PFPMX

Morningstar Medalist Rating
Medalist Rating as of | See Parnassus Investment Hub
  • NAV / 1-Day Return 37.81  /  +0.13 %
  • Total Assets 3.4 Bil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Mid-Cap Blend
  • Investment Style Mid Blend
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 0.50%
  • Turnover 42%

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

Morningstar’s Analysis PFPMX

Will PFPMX 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 PFPMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PFPMX 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 PFPMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This strategy's risk-consciousness has been hard to discern lately.

Senior Analyst Stephen Welch

Stephen Welch

Senior Analyst

Summary

Parnassus Mid Cap is still a solid option that benefits from veteran managers and a sensible approach, but recent execution issues warrant a Process rating downgrade to Above Average from High.

by Stephen Welch
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PFPMX

More PFPMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity National Information Services Inc

3.71 136.2 Mil
Technology

Cboe Global Markets Inc

3.34 122.9 Mil
Financial Services

Roper Technologies Inc

3.23 118.7 Mil
Technology

TransUnion

3.04 111.7 Mil
Industrials

Hologic Inc

3.02 111.0 Mil
Healthcare

Sherwin-Williams Co

2.77 101.7 Mil
Basic Materials

Old Dominion Freight Line Inc Ordinary Shares

2.76 101.5 Mil
Industrials

Republic Services Inc

2.76 101.5 Mil
Industrials

IQVIA Holdings Inc

2.70 99.4 Mil
Healthcare

Guidewire Software Inc

2.66 97.8 Mil
Technology