PFPGX – Parnassus Growth Equity Institutional Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation. The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of large‑sized growth companies. Equity securities include common stocks, depositary receipts, and interests in real estate investment trusts. The fund may normally invest up to 20% of its net assets in small- and mid‑ capitalization companies.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PFGEX	Parnassus Growth Equity Fund Investor Shares	No Load	Open			Dec 28, 2022	$31.85M	0.840%	Average	$2,000	−$495,120.46
PFPGX	Parnassus Growth Equity Fund Institutional Shares	Institutional	Open			Dec 28, 2022	$54.24M	0.630%	Below Average	$100,000	$838,933.09

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