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Parnassus Core Equity Fund - Institutional Shares (PRILX)

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66.92 +0.63    +0.95%
07/11 - Delayed Data. Currency in USD
  • Morningstar Rating:
  • Total Assets: 16.81B
Type:  Fund
Market:  United States
Issuer:  Parnassus
Asset Class:  Equity
Parnassus Core Equity Institutional 66.92 +0.63 +0.95%

PRILX Overview

 
On this page you'll find an in-depth profile of Parnassus Core Equity Fund - Institutional Shares. Learn about the key management, total assets, investment strategy and contact information of PRILX among other information.
Category

Large Blend

Total Assets

16.81B

Expenses

0.61%

Inception Date

38835

Investment Strategy

The investment seeks to achieve both capital appreciation and current income. The fund's objective is to achieve both capital appreciation and current income by investing primarily in a diversified portfolio of equity securities. Equity securities include common and preferred stock. Under normal circumstances, the fund will invest a minimum of 80% of its net assets (plus borrowings for investment purposes) in equity securities. At least 65% of the fund's total assets will normally be invested in equity securities that pay interest or dividends.

Contact Information

Address 1 Market Street, Suite 1600
San Francisco,CA 94105
United States
Phone (800) 999-3505

Top Executives

Name Title Since Until
Andrew S. Choi Portfolio Manager, Senior Analyst 2022 Now
Biography Andrew Choi is the lead portfolio manager of the Parnassus Growth Equity strategy, a portfolio manager of the Parnassus Core Equity strategy and a senior analyst. He is responsible for portfolio management of the firm’s Growth Equity and Core Equity strategies. Andrew joined Parnassus Investments as a senior analyst in 2018 after serving as a Parnassus research intern. Prior to joining Parnassus, he worked at Deloitte Consulting as a business analyst. Andrew received his bachelor’s degree in chemistry from Princeton University and his MBA from Harvard Business School.
Benjamin E. Allen Analyst 2012 Now
Biography Benjamin Allen is chief executive officer of Parnassus Investments and portfolio manager of the Parnassus Core Equity strategy. He is responsible for Parnassus’s people, culture and direction as well as portfolio management of the firm’s Core Equity strategy.
Todd C. Ahlsten Chief Investment Officer, Portfolio Manager 2001 Now
Biography Todd Ahlsten is chief investment officer of Parnassus Investments and lead portfolio manager of the Parnassus Core Equity strategy. He is responsible for portfolio management of the firm’s Core Equity strategy. He also oversees all the firm’s strategies, including mentoring investment staff, managing investment risk and acting as an adviser and final arbiter on investment and sustainability-related decisions.
Jerome L. Dodson Chairman 1992 2002
Biography Jerome L. Dodson is the Founder and President of Parnassus Investments. He is the lead Portfolio Manager of the Parnassus Multi-Cap Equity strategy and the Parnassus Asia Pacific Equity strategy and is the sole Portfolio Manager of the Parnassus Endeavor Equity strategy. Prior to founding Parnassus Investments in 1984, he served as President and Chief Executive Officer of Continental Savings of America from 1976 to 1982, where he started the “Solar T-Bill” program to finance solar energy installations and also developed innovative programs to finance low and moderate income housing. Mr. Dodson received his bachelor’s degree in political science from the University of California, Berkeley and his master’s degree in business administration from Harvard Business School.
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