Parnassus Income Funds Parnassus Core Select ETFParnassus Income Funds Parnassus Core Select ETFParnassus Income Funds Parnassus Core Select ETF

Parnassus Income Funds Parnassus Core Select ETF

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Key stats


Assets under management (AUM)
‪17.59 M‬USD
Fund flows (1Y)
‪17.33 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.01%
Shares outstanding
‪750.00 K‬
Expense ratio
0.58%

About Parnassus Income Funds Parnassus Core Select ETF


Brand
Parnassus Investments
Home page
Inception date
Dec 12, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Parnassus Investments LLC
Distributor
Parnassus Funds Distributor LLC
PRCS targets a concentrated portfolio of approximately 20-30 equity securities, emphasizing both value and growth stocks primarily from large-cap US companies. The fund aims to identify businesses that are perceived to be undervalued or possess significant potential for revenue and earnings growth. The investment process involves a comprehensive analysis of company fundamentals, including assessment of financial statements and management quality. Key to the selection criteria are competitive advantages such as strong brand loyalty, operational efficiencies, and a robust network effect. PRCS additionally considers factors related to sustainable business practices, assessing ESG criteria including environmental impact, product safety, and corporate governance. The fund actively monitors its holdings to ensure compliance with its investment criteria, aiming to achieve capital appreciation while maintaining a commitment to responsible investing principles.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Finance
Health Technology
Retail Trade
Electronic Technology
Stock breakdown by region
96%3%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

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