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PAERX

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Analysis and statistics

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About

PAERX.US represents the Parnassus Endeavor Fund Investor Shares. This is a mutual fund managed by Parnassus Investments that focuses on investing in companies believed to have sustainable competitive advantages and positive environmental, social, and governance (ESG) practices. The fund's objective is long-term growth of capital, achieved by investing primarily in a diversified portfolio of common stocks of U.S. companies. Investors should consult the fund's prospectus for complete details on investment objectives, risks, fees, and expenses before investing.
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Factors

PAERX.US's price, like other mutual funds, is primarily influenced by the Net Asset Value (NAV). NAV Calculation: NAV is calculated daily by subtracting the fund's liabilities from its assets and dividing by the number of outstanding shares.

Market Performance: The performance of underlying assets, such as stocks or bonds, held by the fund directly affects NAV.

Fund Expenses: Management fees and operating expenses reduce NAV.

Investor Demand: High demand can lead to more shares being issued, impacting the fund's overall size and potentially its investment strategy.

Economic Conditions: Economic factors like interest rates, inflation, and GDP growth can influence the value of the fund's holdings.

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