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Parnassus Investments

Equity Income Fund - Institutional Shares

Fund Details

Fund Facts
Ticker SymbolPRILX
CUSIP 701769408
Fund Category Large Cap
Commencement Date 4/28/2006
Fund ManagerTodd Ahlsten
Manager Tenure Since 5/2001
Income Dividend Frequency Quarterly
Minimum Investment $100,000
Fund Stats 6/30/10
Expense Ratio 0.78% 1
Load None
Net Assets $194.5MM
Number of Long-Term Holdings 37
Average Weighted Market Cap $46.31Bn
Average PE Ratio (12 month trailing) 16.5
Yield (30-day SEC yield as of 6/30/10) 1.30%
Portfolio Turnover (2009 Annual) 60.2%
Sector Weightings 6/30/10 2
Telecom Services Information Technology Materials Industrials Health Care Financials Utilities Energy Consumer Staples Consumer Discretionary Telecom Services Information Technology Materials Industrials Health Care Financials Utilities Energy Consumer Staples Consumer Discretionary

Asset Allocation 6/30/10
Common Stock 96.6% Cash and Other 3.4%
 10 Largest Holdings 6/30/2010 3
1.   Waste Management Inc 5.3%
2.   QUALCOMM Inc. 5.0%
3.   Occidental Petroleum 4.4%
4.   Microsoft Corp. 4.4%
5.   Energen Corp. 4.2%
6.   Accenture PLC 4.1%
7.   Teleflex Inc. 3.8%
8.   Google Inc. 3.7%
9.   Applied Materials 3.4%
10.   Gilead Sciences Inc. 3.4%
Full Quarterly Holdings

The portfolio holdings listing and top 10 holdings are not taken from the fund's annual, semiannual or quarterly reports and have not been audited.

Fund information is not intended to represent future portfolio composition. Fund industry breakdown, asset allocation and holdings are subject to change and should not be considered a recommendation to buy or sell any securities.

1 The expense ratio is net of contractual advisor reimbursement and exclusive of acquired fund fees. Parnassus Investments is contractually obligated until May 1, 2010 to waive fees and/or reimburse expenses that exceed total operating expenses of 0.78% for the Equity Income Fund Institutional Shares. Additional information about the Fund's contractual expense limitation and acquired fund fees is described in the prospectus.

2 Percent based on total net assets as of date indicated. The 10 Largest Holdings and Industry Breakdown represent the diversity of areas in which the fund may invest and may not be representative of the fund's current or future investments.

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