Parnassus Mid Cap Fund (PARMX)
Stock analysis · NASDAQ · Financial Services · Asset Management
Parnassus Mid Cap Fund (PARMX) is a publicly traded company in the Financial Services sector. Latest price: $40.22. Market cap $2.17B. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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About Parnassus Mid Cap Fund
The fund primarily commits at least 80% of its net assets to companies with a mid-range market capitalization. Management defines a "mid-sized company" as an entity whose market value, at the time of acquisition, falls between the smallest and largest constituents of the Russell Midcap® Index. This particular index is comprised of approximately 800 of the smaller companies listed within the broader Russell 1000® Index. However, the fund maintains the flexibility to allocate up to 20% of its net assets to businesses with either smaller or larger market capitalizations.
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