Mutual fund
Parnassus Core Equity Fund
TickerPRBLXMember of USSIFsocially responsible
Fund manager
Parnassus
Prison industrial complex grade: One or more holdings were flagged by our prison industrial complex screen, but there were no higher risk companies in the portfolio. Assigned a grade of B.
B
$6.64 BILLION
Prison industrial complex
7
flagged holdings
26%
of assets flagged
Data as of 3/31/23
Flagged investments:
$6.64 BILLION, 26% of assets
Higher risk:
$0, 0% of assets
 Private prison operators:
$0, 0% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
3
holdings
$2.96B
invested
12%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
6
holdings
$6.11B
invested
24%
of portfolio
All flagged holdings
7 holdings
7 holdings
  • 1.  Microsoft Corp
    Prison industryBorder industry
    $1.71B
    6.82%
  • 2.  Alphabet Inc Class A
    Border industry
    $1.13B
    4.47%
  • 3.  Salesforce Inc
    Border industry
    $981.14M
    3.9%
  • 4.  Deere & Co
    Border industry
    $980.26M
    3.9%
  • 5.  Bank of America Corp
    Prison industryBorder industry
    $713.88M
    2.84%
Higher risk
Private prison operator
See all
Parnassus Core Equity Fund $PRBLX has $6.64 BILLION invested in 7 companies involved in the prison industrial complex, amounting to 26% of fund assets
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Financial performance
Performance data provided byMorningstarFind more financial data on PRBLX at Morningstar.com
Current fund
PRBLX
Parnassus Core Equity Fund
Family
Parnassus
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.24% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.18% less invested
Less invested in higher risk companies, border industry 
1.47% less invested
Less invested in higher risk companies 
1.47% less invested
Less invested in all screened prison industry companies 
4.16% less invested
More invested in all screened border industry companies 
4.43% more invested
More invested in all screened companies 
2.99% more invested
Current fund
PRBLX
Parnassus Core Equity Fund
Family
Parnassus
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.24% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.18% less invested
Less invested in higher risk companies, border industry 
1.47% less invested
Less invested in higher risk companies 
1.47% less invested
Less invested in all screened prison industry companies 
4.16% less invested
More invested in all screened border industry companies 
4.43% more invested
More invested in all screened companies 
2.99% more invested
Current fund
PRBLX
Parnassus Core Equity Fund
Family
Parnassus
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.24% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.18% less invested
Less invested in higher risk companies, border industry 
1.47% less invested
Less invested in higher risk companies 
1.47% less invested
Less invested in all screened prison industry companies 
4.16% less invested
More invested in all screened border industry companies 
4.43% more invested
More invested in all screened companies 
2.99% more invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
PRBLX - Parnassus Core Equity Fund
2.76%
14%
12%
12%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
2.63%
14%
11%
12%
0% 
Fund compared to benchmark
 
0.12%
0.01%
0.8%
-0.24%
Same
Find more financial data on PRBLX at Morningstar.com
What's next?
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