Parnassus Mid Cap Growth Fund - Investor PARNX | NASDAQ
Company Overview:
10 Year PARNX Performance Metrics:
PARNX Dividend Payments & Yield
PARNX Dividends Info:
Projected Future Returns & Dividends for PARNX
Based on past 10-year performance, here are PARNX growth metrics:
Share price CAGR of +2.21%
Dividend CAGR of +14.34%
Using PARNX CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:
| PARNX (DRIP) | PARNX - No DRIP | |
|---|---|---|
| Current Price | $54.81 | $54.81 |
| Start Shares | 182.45 | 182.45 |
| Start Value | $10,000 | $10,000 |
| After 10 years: | ||
| Final Share Count | 876.36 | 182.45 |
| Dividends Payment | $12.97 | $12.97 |
| Annual Dividends | $11,363 | $2,366 |
| Yield on cost | 113.63% | 23.66% |
| Share Price | $68.21 | $68.21 |
| Total Dividends | $43,200 | $18,786 |
| Final Value | $59,780 | $31,232 |
NOTE: Above numbers are our estimate based on PARNX's Dividend and Price CAGR over past 10 years.
These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.
We cannot guarantee that your actual returns will meet these estimates.
Company Info
Parnassus Mid Cap Growth Fund - Investor (PARNX) had its IPO on 1984-12-27, and is traded on NASDAQ stock exchange.
This fund's main objective is to achieve long-term growth of capital. It typically commits a minimum of 80% of its total assets (including any funds borrowed for investment) to growth-oriented businesses with a mid-range market capitalization. The fund is not compelled to sell or discontinue acquiring shares of a company it already holds merely because that company's market value shifts beyond the parameters of the Russell Midcap® Growth Index, whose specifications can fluctuate. Additionally, it possesses the flexibility to allocate up to 20% of its net assets to companies with either smaller or larger market capitalizations.
PARNX website: https://www.parnassus.com/parnassus-mutual-funds/mid-cap-growth/investor-shares
DCF model unavailable for PARNX — no fundamentals on file (ETFs and funds are not modelable).
