Parnassus Investments

Historical Shareholder Reports

2007 Shareholder Reports - 3/31/07, 6/30/07, 9/30/07, 12/31/07

2006 Shareholder Reports - 3/31/06, 6/30/06, 9/30/06, 12/31/06

2005 Shareholder Reports - 3/31/05, 6/30/05, 9/30/05, 12/31/05

2004 Shareholder Reports - 3/31/04, 6/30/04, 9/30/04, 12/31/04

2003 Shareholder Reports - 3/31/03, 6/30/03, 9/30/03, 12/31/03

2002 Shareholder Reports - 3/31/02, 6/30/02, 9/30/02, 12/31/02

2001 Shareholder Reports - 3/31/01, 6/30/01, 9/30/01, 12/31/01

2000 Shareholder Reports - 3/31/00, 6/30/00, 9/30/00, 12/31/00

1999 Shareholder Reports - 3/31/99, 6/30/99, 9/30/99, 12/31/99

1998 Shareholder Reports - 3/31/98, 6/30/98, 9/30/98, 12/31/98

1997 Shareholder Reports - 3/31/97, 6/30/97, 9/30/97, 12/31/97

1996 Shareholder Reports - 3/31/96, 6/30/96, 9/30/96, 12/31/96

Shareholder Reports - 12/31/07 - Top

All Parnassus Funds

Shareholder Reports - 9/30/07 - Top

Parnassus Fund
Workplace Fund
Small-Cap Fund
Mid-Cap Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 6/30/07 - Top

Parnassus Fund
Workplace Fund
Small-Cap Fund
Mid-Cap Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/07 - Top

Parnassus Fund
Workplace Fund
Small-Cap Fund
Mid-Cap Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 12/31/06 - Top

Parnassus Fund
Workplace Fund
Small-Cap Fund
Mid-Cap Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 9/30/06 - Top

Parnassus Fund
Workplace Fund
Small-Cap Fund
Mid-Cap Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 6/30/06 - Top

Parnassus Fund
Workplace Fund
Small-Cap Fund
Mid-Cap Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/06 - Top

Parnassus Fund
Workplace Fund
Small-Cap Fund
Mid-Cap Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 12/31/05 - Top

Parnassus Fund
Workplace Fund
Small-Cap Fund
Mid-Cap Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 9/30/05 - Top

Parnassus Fund
Workplace Fund
Small-Cap Fund
Mid-Cap Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 6/30/05 - Top

Parnassus Fund
Workplace Fund
Small-Cap Fund
Mid-Cap Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/05 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 12/31/04 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 9/30/04 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 6/30/04 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/04 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 12/31/03 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 9/30/03 - Top

Shareholder Reports - 6/30/03 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/03 - Top

Shareholder Reports - 12/31/02 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 9/30/02 - Top

Shareholder Reports - 6/30/02 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/02 - Top

Shareholder Reports - 12/31/01 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 9/30/01 - Top

Shareholder Reports - 6/30/01 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/01 - Top

Shareholder Reports - 12/31/00 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 9/30/00 - Top

Shareholder Reports - 6/30/00 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/00 - Top

Shareholder Reports - 12/31/99 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 9/30/99 - Top

Shareholder Reports - 6/30/99 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/99 - Top

Shareholder Reports - 12/31/98 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 9/30/98 - Top

Shareholder Reports - 6/30/98 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/98 - Top

Shareholder Reports - 12/31/97 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 9/30/97 - Top

Shareholder Reports - 6/30/97 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/97 - Top

Shareholder Reports - 12/31/96 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 9/30/96 - Top

Shareholder Reports - 6/30/96 - Top

Parnassus Fund
Equity Income Fund
Fixed-Income Fund
California Tax-Exempt Fund

Shareholder Reports - 3/31/96 - Top

© 2008 Parnassus Investments

Before investing, an investor should carefully consider the investment objectives, risks, charges and expenses of a fund and should carefully read the prospectus which contains this and other
information about the fund and can be found in our Forms and Documents section. Investment
return and principal value will fluctuate so that an investor’s shares, when redeemed, may be
worth more or less than their original principal cost and you could lose money.

This site is intended for U.S. investors only and should not be considered a solicitation or
offering to investors outside the U.S.

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