Mutual fund
Parnassus Value Equity Fund
TickerPFPWXMember 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
$514.8 MILLION
Prison industrial complex
5
flagged holdings
11%
of assets flagged
Data as of 3/31/23
Flagged investments:
$514.8 MILLION, 11% 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
2
holdings
$219.3M
invested
4.72%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
5
holdings
$514.8M
invested
11%
of portfolio
All flagged holdings
5 holdings
5 holdings
  • 1.  Deere & Co
    Border industry
    $118.8M
    2.56%
  • 2.  Bank of America Corp
    Prison industryBorder industry
    $112.64M
    2.42%
  • 3.  Microsoft Corp
    Prison industryBorder industry
    $106.66M
    2.3%
  • 4.  Alphabet Inc Class A
    Border industry
    $103.01M
    2.22%
  • 5.  Accenture PLC Class A
    Border industry
    $73.7M
    1.59%
Higher risk
Private prison operator
Parnassus Value Equity Fund $PFPWX has $514.8 MILLION invested in 5 companies involved in the prison industrial complex, amounting to 11% of fund assets
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Financial performance
Performance data provided byMorningstarFind more financial data on PFPWX at Morningstar.com
Current fund
PFPWX
Parnassus Value Equity Fund
Family
Parnassus
Category
Large Value
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:
Higher 10-yr returns 
1.74% more 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 
11.2% less invested
Less invested in all screened border industry companies 
8.78% less invested
Less invested in all screened companies 
12.31% less invested
Current fund
PFPWX
Parnassus Value Equity Fund
Family
Parnassus
Category
Large Value
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:
Higher 10-yr returns 
1.74% more 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 
11.2% less invested
Less invested in all screened border industry companies 
8.78% less invested
Less invested in all screened companies 
12.31% less invested
Current fund
PFPWX
Parnassus Value Equity Fund
Family
Parnassus
Category
Large Value
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:
Higher 10-yr returns 
1.74% more 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 
11.2% less invested
Less invested in all screened border industry companies 
8.78% less invested
Less invested in all screened companies 
12.31% less invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
PFPWX - Parnassus Value Equity Fund
0.78%
21%
12%
14%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
2.63%
14%
11%
12%
0% 
Fund compared to benchmark
 
-1.85%
6.53%
1%
1.74%
Same
Find more financial data on PFPWX at Morningstar.com
What's next?
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Action toolkit
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