Parnassus Mid Cap Growth Fund (PFPRX)
Parnassus Mid Cap Growth Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Houston, TX, US. The stock last traded at $57.70, up 0.51% on the session, giving a market capitalisation of $853.0M. Its beta of 1.17 implies it has historically moved more than the broad market.
The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in mid-sized growth companies. The fund will not automatically sell or cease to purchase stock of a company it already owns just because the company's market capitalization grows or falls outside the ranges of the Russell Midcap® Growth Index, which are subject to change. The fund may normally invest up to 20% of its net assets in smaller- and larger-capitalization companies.
Parnassus Mid Cap Growth Fund is most often compared with the following Financial Services names: