Parnassus Core Equity Fund - Institutional Shares (PRILX)
Parnassus Core Equity Fund - Institutional Shares operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $62.87, up 0.05% on the session, giving a market capitalisation of $24.26B. Its beta of 0.93 implies it has historically moved less than the broad market.
This fund aims to both expand capital and generate regular income. It achieves these goals principally through substantial investments in a diverse array of equity instruments, encompassing both common and preferred stocks. Ordinarily, a minimum of 80% of its net assets—including any capital borrowed for investment—will be committed to such equity holdings. Furthermore, at least three-quarters of the fund's total assets are typically allocated to income-producing equities, meaning those that pay out interest or dividends.
Parnassus Core Equity Fund - Institutional Shares is most often compared with the following Financial Services names: