Parnassus Equity Income - Inv  PRBLX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Large Blend Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Large
   Blend
  
  
As of 2009-10-31
Day Change
$ -0.02
  
NAV (2009-11-10)
$ 23.61
  
YTD Return % (2009-11-10)
23.90%
  
Total Assets ($ mil)
2,331
View Data Definitions
  Performance    
Growth of $10,000 Fund: Parnassus Equity Income - Inv
(from 1999-01-01 to 2009-10-31) Category: Large Blend
Index: S&P 500 TR
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-10
Inception date: 1992-09-01 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-10
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 23.25 44.89 2.51 5.80 6.53 9.52
+/- Category 4.60 33.03 9.29 5.31 6.59 ---
+/- S&P 500 TR -0.27 -3.91 8.41 5.12 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 17.58 -4.95 2.44 5.21 6.99 9.55
Month-End (as of 2009-10-31) 17.96 12.73 1.53 5.29 6.53 9.52
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 12.46 0.37 4.03 5.02 ---
On Distribution & Sale of Shares --- 8.55 1.30 4.31 5.06 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 1694 funds), (5 yrs : out of 1352 funds), (10 yrs : out of 681 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 13.33
Software 8.97
Hardware 2.48
Media 0.00
Telecommunications 1.88
Service 37.50
Healthcare 14.91
Consumer Services 4.08
Business Services 8.82
Financial Services 9.69
Manufacturing 49.17
Consumer Goods 9.84
Industrial Materials 25.84
Energy 4.00
Utilities 9.49
Asset Allocation
% of Net Assets
Cash 3.5
Stocks 96.5
Bonds 0.0
Other 0.0
Foreign Stocks 6.5
(as a % of Assets)
Data through 2009-10-31 Data through 2009-10-31
 
Holding Status
Total Number of Stock Holdings 41 Turnover % 70
Total Number of Bond Holdings 0 30 Day SEC Yield % 1.47
% of Assets in Top 10 Holdings 43.61 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
Microsoft Corporation 10.42 55.04 5.63
Waste Management, Inc. 15.13 0.09 5.39
Procter & Gamble Company 16.56 2.75 5.30
Johnson & Johnson 13.09 7.37 5.06
Teleflex Inc. 14.90 5.77 4.04
Sysco Corporation 12.71 21.01 3.94
Accenture PLC 14.86 23.76 3.89
Energen Corporation 6.56 48.14 3.76
MDU Resources Group, Inc. 13.57 4.15 3.67
Bank of New York Mellon Corporation 23.20 -5.75 2.93
Data through 2009-10-31
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1992-09-01
Portfolio Manager  (Start Date)
Todd Ahlsten  (2001-05-01)
Todd Ahlsten is the Chief Investment Officer and Portfolio Manager of the Parnassus Equity Income. Todd began his career at Parnassus Investments in 1994 as a research analyst after he was a Parnassus research intern during his senior year at the University of California, Berkeley. He was subsequently promoted to Director of Research in 1998 and in 2001 became Portfolio Manager for the Parnassus Equity Income Fund. He became Chief Investment Officer in 2008. Todd received his bachelor’s degree in business administration from the University of California, Berkeley Haas School of Business in 1994 with an emphasis in finance and accounting.
Sales Charge %
(taken from prospectus dated 2009-05-01)
Front: None
Deferred: None
Expense Ratio % 0.99
based on net assets
(taken from annual report dated 2008-12-31)
Correspondence Information

1 Market Street,Suite 1600
San Francisco,  CA  94105
USA
Telephone:
800-999-3505
415-778-0200
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.