Parnassus Value Equity Fund falls 1.38% in Q3, lagging Russell 1000 Value Index's 2.61% gain

Parnassus Value Equity Fund (Investor Shares) posted a -1.38% return net of fees in the third quarter, underperforming the Russell 1000 Value Index, which rose 2.61%. The fund's largest positive contributors were Thermo Fisher, CME Group, NICE, Willis Towers Watson, and Verizon, while Cummins, Applied Materials, Brookfield Renewable, Home Depot, and AstraZeneca detracted from performance. The portfolio is overweight in Financials and Communication Services and underweight in Energy, Consumer Discretionary, and Materials sectors. This underperformance highlights sector and stock selection impacts on the fund's results.

NICE trades at USD 122.71 with a 0.25% gain, while Verizon is up 0.39% at USD 43.27 as of Oct 27, 2026 14:51 WIB. Cummins and Applied Materials show slight declines, down 0.24% and 1.42% respectively. Brookfield Renewable is also down 0.32%, reflecting mixed investor sentiment on Pluang for these fund contributors.