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Parnassus Core Equity 12/31/25
FUND INFORMATION PEER GROUP ANALYSIS - Large Blend RISK VS. RETURN (5 YEARS*)
Fund Parnassus 36.0 18.0
Family:
Fund Inception: 04/28/2006
Portfolio Ahlsten,T/Allen,B/Choi,A 28.0
Manager: 15.0
Total 25,889 Million
Assets:
20.0
Turnover 34.20 % 12.0
Firm and Management: Return 12.0 Return (%)
Parnassus is a global investment 9.0
management firm headquartered in
San Francisco, CA that specializes in 4.0
ESG investment management. The firm
is led by CEO, Ben Allen and the 6.0
strategy is managed by CIO, Todd -4.0
Ahlsten, Andrew Choi, and Ben Allen.
3.0
Investment Strategy: 6.0 9.0 12.0 15.0 18.0 21.0
The fund is actively managed and -12.0 Risk (Standard Deviation %)
invests in U.S. large cap companies Last Year 1 3 5 7 10
with long-term competitive advantages Quarter To Date Year Years Years Years Years Standard
and relevancy, quality management ¢ £ Parnassus Core Equity 1.65 (74) 11.88 (83) 11.88 (83) 18.49 (73) 11.64 (74) 15.60 (61) 13.56 (51) Return Deviation
teams, and positive performance on S&P 500 Index 2.66 (33) 17.88 (24) 17.88 (24) 23.01 (23) 14.42 (19) 17.29 (15) 14.82 (10) ¢ £ Parnassus Core Equity 11.64 14.66
ESG criteria. The fund is fossil-fuel free S&P 500 Index 14.42 14.98
and does not invest in companies that Median 13.09 14.98
derive significant revenues from the Median 2.42 16.43 16.43 21.48 13.09 16.10 13.60 ¾
extraction, exploration, production or
refining of fossil fuels. The fund defines
significant revenue as being 10% or CALENDAR YEAR RETURNS AND PERCENTILE RANKINGS
greater. The ESG factors that are
evaluated are Environment, 2024 2023 2022 2021 2020 2019 2018
Community, Customers, Workplace and Parnassus Core Equity 18.75 (77) 25.21 (44) -18.45 (56) 27.82 (35) 21.47 (18) 30.96 (37) 0.05 (2)
Governance. Issues that fall under S&P 500 Index 25.02 (25) 26.29 (26) -18.11 (48) 28.71 (21) 18.40 (39) 31.49 (25) -4.38 (24)
these factors include: Corporate Large Blend Median 23.22 24.61 -18.19 26.61 17.53 29.99 -5.63
governance and business ethics,
employee pay, benefits and corporate
culture, stakeholder relations, product
safety, customers and supply chain, ROLLING 3 YEAR RETURN AND PERCENTILE RANKINGS
and environmental impact.
3 3 3 3 3 3 3
Years Years Years Years Years Years Years
Ending
Ending
Ending
Ending
Ending
Ending
Ending
Innovest's Assessment: Dec-2025 Dec-2024 Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019
The strategy should be expected to Parnassus Core Equity 18.49 (73) 6.64 (69) 9.28 (42) 8.19 (20) 26.69 (15) 16.76 (3) 15.24 (20)
outperform in down markets due to its
emphasis on high-quality companies S&P 500 Index 23.01 (23) 8.94 (24) 10.00 (24) 7.66 (30) 26.07 (23) 14.18 (27) 15.27 (19)
that tend to insulate the portfolio. In Large Blend Median 21.48 7.81 8.92 7.10 24.70 12.88 14.00
periods of economic growth, the
strategy may lag the benchmark and its
peers and will perform poorly during
times of speculative growth rallies.
*If less than 5 years, data is since inception of fund share class.
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