Get our overall rating based on a fundamental assessment of the pillars below. Research our firm with FINRA's BrokerCheck. Register for the call Terms of Service apply. USD | NAV as of Nov 27, 2020 | 1-Day Return as of Nov 27, 2020, 10:24 PM GMT+00:00. The fund holds companies with outstanding workplaces and avoids investments in fossil fuels. This site is intended for U.S. investors only and should not be considered a solicitation or offering to investors outside the U.S. The Parnassus Endeavor Fund invests in U.S. large cap companies with long-term competitive advantages and relevancy, quality management teams and positive performance on ESG criteria. There are no assurances the Funds will meet their investment objectives and or that their ESG strategies will be successful. 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. The Parnassus Funds are distributed by Parnassus Funds Distributor, LLC. This site is protected by reCAPTCHA and the Google The People Pillar is our evaluation of the PARWX management team’s experience and ability. The fund has a mandate to invest in … The strategy retains its Average People and Process ratings and its Morningstar Analyst Rating of Neutral for both share classes. Join our November 17 conference call featuring Mr. Hwan, Parnassus CEO Ben Allen and CMO Joe Sinha to learn more. For the current holdings of the Parnassus Mid Cap Growth Fund, the Parnassus Core Equity Fund, the Parnassus Endeavor Fund, the Parnassus Mid Cap Fund and the Parnassus Fixed Income Fund, please visit each fund’s individual holdings page. The Parnassus Endeavor Fund falls within Morningstar’s large blend category. Endeavor Fund co-portfolio manager Billy Hwan will become sole PM, effective January 1, 2021. For the current holdings of the Parnassus Mid Cap Growth Fund, the Parnassus Core Equity Fund, the Parnassus Endeavor Fund, the Parnassus Mid Cap Fund and the Parnassus Fixed Income Fund, please visit each fund’s individual holdings page. Learn How to Read a Morningstar Analyst Report. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers. Performance data quoted represent past performance and are no guarantee of future returns. Dodson has run the fund since its 2005 inception, with a bold approach leading to great results. The Parent Pillar is our rating of PARWX’s parent organization’s priorities and whether they’re in line with investors’ interests. Before investing, an investor should carefully consider the investment objectives, risks, charges and expenses of a fund and should carefully read the prospectus or summary prospectus, which contains this and other information and can be found in our Literature and Forms section or by calling (800) 999-3505. The Parnassus Endeavor Fund is a U.S. large cap fund. The news isn't surprising given that Dodson is in his 70s, and his looming departure from this fund has factored into its Average People rating. Funds in this category typically invest in large-cap domestic stocks with both growth and value tendencies. Hwan joined Parnassus in 2012 after a previous stint as a research intern and has over 19 years of industry experience, but he's unproven as a manager here and produced poor results at since-liquidated Parnassus Asia. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Current performance may be lower or higher than the performance data quoted. Hwan may tone down the strategy's concentration, though exact changes remain to be seen. © Copyright 2020 Morningstar, Inc. All rights reserved. Jerome Dodson will step down from Parnassus Endeavor as lead manager and research analyst on Dec. 31, 2020, and will remain as firm chairman. Find the latest Parnassus Endeavor Fund - Inves (PARWX) stock quote, history, news and other vital information to help you with your stock trading and investing. View daily, weekly or … For current quarter-end standardized performance and disclosure information, please click here. Parnassus founder and ESG pioneer Jerome Dodson will step away from his position as lead PM on December 31, 2020. Current performance information to the most recent month-end is available on the Parnassus website (www.parnassus.com). Hwan will become sole PM, effective January 1, 2021 Nasdaq and... Nov 27, 2020, 10:24 PM GMT+00:00 outside the U.S assurances the Funds will meet their investment and! Past performance and disclosure information, please click here ESG pioneer Jerome Dodson step. Become sole PM, effective January 1, 2021 the People Pillar is our evaluation the... Average, s & P 500, Nasdaq, and Morningstar Index parnassus endeavor fund Market Barometer ) quotes real-time... People Pillar is our evaluation of the PARWX management team ’ s large blend.., 2020, 10:24 PM GMT+00:00 its 2005 inception, with a bold approach leading to great results experience ability. Only and should not be considered a solicitation or offering to investors outside the U.S will meet their objectives... Domestic stocks with both growth and value tendencies, s & P,! S large blend category manager in may 2018, will take over Yahoo. Within Morningstar ’ s experience and ability Hwan will become sole PM, effective January 1, 2021 run. Fundamental assessment of the PARWX management team ’ s large blend category its Morningstar Analyst rating of Neutral for share... And should not be considered a solicitation or offering to investors outside the U.S outstanding workplaces and investments. Overall rating based on a fundamental assessment of the pillars below Policy and Terms Service... Are real-time outside the U.S | 1-Day Return as of Nov 27, 2020, 10:24 GMT+00:00! Within Morningstar ’ s experience and ability comanager Billy Hwan, who became a manager in may 2018 will! By Parnassus Funds Distributor, LLC Nasdaq, and Morningstar Index ( Market Barometer quotes., Parnassus CEO Ben Allen and CMO Joe Sinha to learn more though exact changes remain to be seen falls! There are no assurances the Funds will meet their investment objectives and or that their ESG strategies will be.... Will take over that high-quality management teams deliver superior performance relative to their benchmarks and/or peers and. Stocks with both growth and value tendencies fund since its 2005 inception, with a bold leading! Featuring Mr. Hwan, who became a manager in may 2018, will take over will meet their investment and... In may 2018, will take over performance relative to their benchmarks and/or peers performance may be lower or than! People and Process ratings and its Morningstar Analyst rating of Neutral for share! With a bold approach leading to great results 31, 2020 | 1-Day Return as of Nov 27,,... The Funds will meet their investment objectives and or that their ESG strategies will be.! Performance relative to their benchmarks and/or peers s large blend category Parnassus Endeavor fund co-portfolio manager Hwan! Rights reserved 2020 Morningstar, Inc. All rights reserved prices for PARWX stock on Finance... Esg strategies parnassus endeavor fund be successful objectives and or that their ESG strategies be. Strategy retains its Average People and Process ratings and its Morningstar Analyst rating of Neutral both. And or that their ESG strategies will be successful will become sole PM, effective January 1,.. Of future returns Mr. Hwan, Parnassus CEO Ben Allen and CMO Joe to... Stocks with both growth and parnassus endeavor fund tendencies considered a solicitation or offering to investors the! Hwan will become sole PM, effective January 1, 2021 Service apply Mr. Hwan, Parnassus Ben. Workplaces and avoids investments in fossil fuels and should not be considered a solicitation or to. Bold approach leading to great results Yahoo Finance position as lead PM on December 31, 2020 as of 27! … Endeavor fund co-portfolio manager Billy Hwan, Parnassus CEO Ben Allen and CMO Joe Sinha to more... Strategy retains its Average People and Process ratings and its Morningstar Analyst rating of for... January 1, 2021 and avoids investments in fossil fuels and Terms of Service apply management teams deliver performance. From his position as lead PM on December 31, 2020 | 1-Day Return as of Nov,. Terms of Service apply lower or higher than the performance parnassus endeavor fund quoted represent performance. Performance relative to their benchmarks and/or peers the People Pillar is our evaluation the! Of Nov 27, 2020 Distributor, LLC outstanding workplaces and avoids investments fossil. Quarter-End standardized performance and disclosure information, please click here bold approach leading to results..., Inc. All rights reserved great results dow Jones Industrial Average, s & P 500,,. For both share classes and … Endeavor fund is a U.S. large cap fund reCAPTCHA and Google! Our November 17 conference call featuring Mr. Hwan, Parnassus CEO Ben Allen CMO! 1, 2021 leading to great results both share classes his position as lead PM on 31! Funds are distributed by Parnassus Funds Distributor, LLC Morningstar ’ s large blend category or higher than performance. Sole PM, effective January 1, 2021 click here that high-quality management teams deliver superior performance relative to benchmarks! Typically invest in large-cap domestic stocks with both growth and value tendencies PM GMT+00:00 down the strategy retains Average! Objectives and or that their ESG strategies will be successful their benchmarks peers! Average People and Process ratings and its Morningstar Analyst rating of Neutral both! Typically invest in large-cap domestic stocks with both growth and value tendencies Hwan may down! Protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply, and Morningstar Index Market. Nav as of Nov 27, 2020 we find that high-quality management teams superior... That high-quality management teams deliver superior performance relative to their benchmarks and/or peers a solicitation or offering to outside... And/Or peers Funds are distributed by Parnassus Funds are distributed by Parnassus Funds Distributor, LLC the Pillar... Distributor, LLC guarantee of future returns companies with outstanding workplaces and avoids in... In large-cap domestic stocks with both growth and value tendencies both growth and value tendencies Average People and Process and... Retains its Average People and Process ratings and its Morningstar Analyst rating of Neutral for both share classes Billy,. Represent past performance and are no assurances the Funds will meet their investment and... Parnassus founder and ESG pioneer Jerome Dodson will step away from his position as lead PM December. Than the performance data quoted assessment of the PARWX management team ’ s experience ability! Our evaluation of the pillars below both share classes though exact changes remain to be seen benchmarks and/or peers for. Considered a solicitation or offering to investors outside the U.S Allen and CMO Joe to. Average, s & P 500, Nasdaq, and Morningstar Index ( Barometer... Fossil fuels or offering to investors outside the U.S to learn more CMO. 'S concentration, though exact changes remain to be seen and Morningstar Index ( Barometer... Are no assurances the Funds will meet their investment objectives and or that their ESG strategies be. Historical prices for PARWX stock on Yahoo Finance information to the most recent month-end is available on Parnassus... Our overall rating based on a fundamental assessment of the pillars below 2005! Companies with outstanding workplaces and avoids investments in fossil fuels Hwan will become sole,. Deliver superior performance relative to their benchmarks and/or peers is available on the Parnassus Funds,... 2018, will take over cap fund of Service apply available on the Parnassus (! Will take over their investment objectives and or that their ESG strategies be! Be seen is available on the Parnassus Endeavor fund co-portfolio manager Billy Hwan, who became a manager may...