Close Overlay

Expense Ratio Information

All the Parnassus Funds are no-load funds, meaning there's no up-front sales charge on our funds. Expense ratios include gross expenses and expenses net of contractual waivers as described in the Funds current prospectus dated May 1, 2014.

Fund Name Gross
Expense Ratio
1 (%)
Expense Ratio
1 (%)
2 (%)
Parnassus Fund 0.86 0.86 1.30
Parnassus Core Equity Fund
Investor Shares
0.87 0.87 1.25
Parnassus Core Equity Fund
Institutional Shares
0.69 0.69 1.25
Parnassus Endeavor Fund 1.07 0.95 1.30
Parnassus Mid Cap Fund 1.14 1.14 1.30
Parnassus Small Cap Fund 1.20 1.20 1.30
Parnassus Asia Fund 5.08 1.25 1.46
Parnassus Fixed Income Fund 0.78 0.68 0.92

1 As described in the Fund's current prospectus dated May 1, 2014, Parnassus Investments has contractually agreed to reduce its investment advisory fee to the extent necessary to limit total operating expenses to 0.95% of net assets for the Parnassus Endeavor Fund, 1.20% of net assets for the Parnassus Small Cap Fund, 1.25% of net assets for the Parnassus Asia Fund and 0.68% of net assets for the Parnassus Fixed Income Fund. These limitations continue until May 1, 2015, and may be continued indefinitely by the Adviser on a year-to-year basis. The computation of advisory fees is based on the average daily net assets for each class of shares in each Fund independently.

2 The fund category average benchmarks shown are the mean total expense ratios of each fund's peer group as classified by Lipper as of April 30, 2013. Lipper's data and analyses are for informational purposes only, and do not constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction.

Privacy Policy