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Morningstar

Parnassus Fixed-Income PRFIX

Morningstar Medalist Rating
Medalist Rating as of | See Parnassus Investment Hub
  • NAV / 1-Day Return 14.15  /  0.35 %
  • Total Assets 267.9 Mil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.05%
  • Effective Duration 6.11 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 PM GMT+0

Morningstar’s Analysis PRFIX

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

People Pillar

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

A strong management team and sound investment process underpin Parnassus Fixed-Income's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PRFIX

More PRFIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 99
  • Other Holdings 5
  • % Assets in Top 10 Holdings 16.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

2.15
5,763,303
Cash and Equivalents

International Finance Corporation 2.125%

2.10
5,625,357
Government

iShares MBS ETF

2.02
5,407,212
—

Federal Home Loan Banks 0.5%

1.71
4,578,357
Government

United States Treasury Bonds 3.25%

1.59
4,271,484
Government

United States Treasury Bonds 4%

1.59
4,271,309
Government

Sysco Corporation 2.4%

1.58
4,225,900
Corporate

International Bank for Reconstruction & Development 1.625%

1.53
4,114,205
Government

Oracle Corp. 6.125%

1.51
4,063,255
Corporate

United States Treasury Notes 2.5%

1.46
3,914,844
Government