Morningstar

Parnassus Fixed-Income PRFIX

Morningstar Medalist Rating
Medalist Rating as of | See Parnassus Investment Hub
  • NAV / 1-Day Return 15.03  /  −0.60 %
  • Total Assets 294.8 Mil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.37%
  • Effective Duration 5.88 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0

Morningstar’s Analysis PRFIX

Will PRFIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRFIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRFIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PRFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Parnassus Fixed-Income's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PRFIX

More PRFIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares MBS ETF

7.69 22.2 Mil
—

International Finance Corporation 2.125%

2.02 5.8 Mil
Government

Cash

2.00 5.8 Mil
Cash and Equivalents

United States Treasury Bonds 4%

1.51 4.3 Mil
Government

International Bank for Reconstruction & Development 1.625%

1.49 4.3 Mil
Government

International Finance Corporation 4.375%

1.40 4.0 Mil
Government

International Bank for Reconstruction & Development 3.125%

1.37 3.9 Mil
Government

Federal National Mortgage Association 5.5%

1.35 3.9 Mil
Securitized

United States Treasury Notes 0.375%

1.32 3.8 Mil
Government

Federal National Mortgage Association 6%

1.31 3.8 Mil
Securitized

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