Parnassus Core Equity Fund

Shareclass
Parnassus Core Equity Investor (PRBLX)
Type
Open-end mutual fund
Manager
Sustainability mandate
Member of US-SIF
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
$7.94 BILLION
Prison industrial complex
8
flagged holdings
29%
of assets flagged
Data as of 31 Dec 2023
Flagged investments:
$7.94 BILLION, 29% 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
$3.16B
invested
11%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
7
holdings
$7.54B
invested
27%
of portfolio
All flagged holdings
8 holdings
8 holdings
  • 1.  Microsoft Corp
    Prison industryBorder industry
    $1.8B
    6.49%
  • 2.  Alphabet Inc Class A
    Border industry
    $1.46B
    5.25%
  • 3.  Salesforce Inc
    Border industry
    $1.24B
    4.48%
  • 4.  Deere & Co
    Border industry
    $1.11B
    4%
  • 5.  Bank of America Corp
    Prison industryBorder industry
    $954.93M
    3.44%
Higher risk
Private prison operator
See all
Parnassus Core Equity Fund $PRBLX is 29% ($7.94 BILLION) invested in companies with prison involvement
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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: 1/31/24
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 
-0.33% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.17% less invested
Less invested in higher risk companies, border industry 
1.25% less invested
Less invested in higher risk companies 
1.25% less invested
Less invested in all screened prison industry companies 
6.08% less invested
More invested in all screened border industry companies 
5.56% more invested
More invested in all screened companies 
3.5% 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: 1/31/24
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 
-0.33% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.17% less invested
Less invested in higher risk companies, border industry 
1.25% less invested
Less invested in higher risk companies 
1.25% less invested
Less invested in all screened prison industry companies 
6.08% less invested
More invested in all screened border industry companies 
5.56% more invested
More invested in all screened companies 
3.5% 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: 1/31/24
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 
-0.33% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.17% less invested
Less invested in higher risk companies, border industry 
1.25% less invested
Less invested in higher risk companies 
1.25% less invested
Less invested in all screened prison industry companies 
6.08% less invested
More invested in all screened border industry companies 
5.56% more invested
More invested in all screened companies 
3.5% 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
20%
10%
14%
12%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
21%
11%
14%
13%
0% 
Fund compared to benchmark
 
-0.35%
-0.69%
0.18%
-0.33%
Same
Find more financial data on PRBLX at Morningstar.com
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Action toolkit
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