PRFIX Performance — Parnassus Fixed Income Fund, Investor Shares
Data updated: 2025-05-05
PRFIX returned +4.62% over one year to Mar 2025. Annualised returns are +1.51% over 3 years and +0.90% over 5 years. Against its Intermediate Government Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $105, against $101 for the category, and to $105 over one year, against $105. Volatility over the past three years was 3.05% a year. In the 12 months to Mar 2025 the fund lost a net $89.6M, and assets reached $192.83M.
PRFIX Growth of $100
What $100 invested in Parnassus Fixed Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Government Bond category average over the same months.
| Period | PRFIX | Category average |
|---|---|---|
| 1 year (Apr 2024 – Mar 2025) | $105 | $105 |
| 3 years (Apr 2022 – Mar 2025) | $105 | $101 |
| 5 years (Apr 2020 – Mar 2025) | $105 | $104 |
| Since data start (Jul 2019 – Mar 2025) | $105 | $109 |
PRFIX Trailing Returns
Total returns to Mar 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.62% |
| 3 years (annualised) | +1.51% |
| 5 years (annualised) | +0.90% |
PRFIX Annual Returns
Calendar-year total returns of Parnassus Fixed Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Mar) | +2.22% |
| 2024 | +2.35% |
| 2023 | +0.07% |
| 2022 | −0.15% |
| 2021 | −0.02% |
| 2020 | +0.08% |
| 2019 (Jul–Dec) | +0.02% |
PRFIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.6% | +1.8% | −0.1% | — | — | — | — | — | — | — | — | — |
| 2024 | 0.0% | 0.0% | 0.0% | −2.5% | +1.6% | +1.1% | +1.8% | +1.5% | +1.3% | −2.0% | +0.9% | −1.4% |
| 2023 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2022 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2021 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2020 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2019 | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
PRFIX Risk
Risk measures from monthly returns over Apr 2022 – Mar 2025.
- 3-year volatility (annualised): 3.05%
- 3-year Sharpe ratio: -0.98 (vs 4.5% risk-free rate)
- Best month: +1.85% (Jul 2024)
- Worst month: −2.47% (Apr 2024)
PRFIX Fund Flows
Monthly money in and out of Parnassus Fixed Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$89.6M
- 12-month gross sales (incl. reinvestments): $67.9M
- Sales ÷ redemptions: 0.43×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2025 | $3.9M | $106.6M | −$102.7M |
| Feb 2025 | $5.9M | $3.8M | $2.1M |
| Jan 2025 | $4.5M | $5.2M | −$679K |
| Dec 2024 | $5.0M | $5.1M | −$100K |
| Nov 2024 | $5.7M | $3.1M | $2.6M |
| Oct 2024 | $10.9M | $6.1M | $4.8M |
| Sep 2024 | $4.1M | $3.1M | $982K |
| Aug 2024 | $4.6M | $2.8M | $1.8M |
| Jul 2024 | $5.6M | $4.7M | $918K |
| Jun 2024 | $4.1M | $3.0M | $1.1M |
| May 2024 | $4.4M | $6.1M | −$1.7M |
| Apr 2024 | $9.1M | $7.8M | $1.3M |
PRFIX Assets Under Management
Net assets of Parnassus Fixed Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-03-31 | $192.83M |
| 2024-12-31 | $290.27M |
| 2024-09-30 | $293.50M |
| 2024-06-30 | $279.04M |
| 2024-03-31 | $280.32M |
| 2023-12-31 | $280.42M |
| 2023-09-30 | $264.91M |
| 2023-06-30 | $270.42M |
| 2023-03-31 | $277.96M |
| 2022-12-31 | $278.43M |
| 2022-09-30 | $340.93M |
| 2022-06-30 | $382.57M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.