Parnassus Value Equity Fund

Shareclass
Parnassus Value Equity Institutional (PFPWX)
Type
Open-end mutual fund
Manager
Sustainability mandate
Member of US-SIF
Military weapon grade: Fund is invested in military contractors above the threshold of 2.5% and below the threshold of 4%. Assigned a grade of D.
How we track weapon investments
D
$143.35 MILLION
Military weapons
1
military weapon stocks found
2.92%
of assets flagged
Data as of 31 Dec 2023
Military weapons
Military contractors
Military contractors
Largest international arms manufacturers and military contractors
1
holdings
$143.35M
invested
2.92%
of portfolio
Nuclear weapons
Nuclear weapons
Manufacturers/servicers of nuclear armaments and delivery systems
0 direct stock holdings
Controversial weapons
Controversial weapons
Manufacturers involved with cluster munitions, landmines, white phosphorus, depleted uranium
0 direct stock holdings
Military weapon companies
1 holdings
1 holdings
  • 1.  Ball Corp
    $143.35M
    2.92%
  For each weapons category, we show the fund's exposure. When calculating a portfolio's percent exposure to a list of companies, we only consider long investments, ignoring any shorts or liabilities.
Civilian firearm manufacturers and retailers

We also track investments in civilian firearm manufacturers and retailers raking in billions in handgun, assault rifle, and ammunition sales. Gun Free Funds is made for people looking to align their investments with their values by moving money out of companies that make and sell guns.

Parnassus Value Equity Fund earns a D grade for investments in military weapons
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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: 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:
Higher
 10-yr returns 
0.91% more in annualized returns
Less invested in military weapons 
0.14% less invested
Less invested in major military contractors 
0.14% less invested
Less invested in manufacturers/servicers of nuclear weapons 
2.38% less invested
Less invested in manufacturers of controversial weapons 
1.12% 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: 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:
Higher
 10-yr returns 
0.91% more in annualized returns
Less invested in military weapons 
0.14% less invested
Less invested in major military contractors 
0.14% less invested
Less invested in manufacturers/servicers of nuclear weapons 
2.38% less invested
Less invested in manufacturers of controversial weapons 
1.12% 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: 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:
Higher
 10-yr returns 
0.91% more in annualized returns
Less invested in military weapons 
0.14% less invested
Less invested in major military contractors 
0.14% less invested
Less invested in manufacturers/servicers of nuclear weapons 
2.38% less invested
Less invested in manufacturers of controversial weapons 
1.12% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Military weapon weight
This fund
PFPWX - Parnassus Value Equity Fund
7.26%
8.79%
15%
13%
2.92% 
Benchmark
IVV - iShares Core S&P 500 ETF
21%
11%
14%
13%
3.06% 
Fund compared to benchmark
 
-13.53%
-2.17%
0.3%
0.91%
0.14%  lower
Find more financial data on PFPWX at Morningstar.com
What's next?
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Action toolkit
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