Parnassus Endeavor Fund
Fund offered by:
Parnassus
Ticker: PFPWXMember of USSIFsocially responsible
Deforestation grade: B
This grade is based on how much money the fund has invested in three key deforestation-driving sectors: commodity producers, banks and lenders, and major consumer brands.
See how we track deforestation-risk investments
B
4.41%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
2
HOLDINGS FLAGGED
4.41%
OF ASSETS FLAGGED
Member of the Forum for Sustainable and Responsible Investment
This asset manager is a member of the Forum for Sustainable and Responsible Investment, a group advancing sustainable, responsible, and impact investing.
Member of The Forum for Sustainable and ResponsibleInvestment icon
This fund contains
 $121.45 MILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
0 holdings
0% of assets
$0 invested
banks
Banks and lenders
1 holdings
2.63% of assets
$72.27 MILLION invested
consumers
Major consumer brands
1 holdings
1.79% of assets
$49.18 MILLION invested
No holdings icon
Commodity producers
0 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of F.
Banks and lenders
Banks and lenders
1 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
1 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Bank of America Corp
    2.63%2.63% of portfolio
    $72.27M$72.27M invested
Major consumer brands
Major consumer brands
1 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
1 HOLDINGS
  • % of portfolio
    $ invested
  • 1. VF Corp
    Cattle major consumer brandPaper/pulp major consumer brand
    1.79%1.79% of portfolio
    $49.18M$49.18M invested
    Cattle major consumer brandPaper/pulp major consumer brand
View more info
DATA AS OF 9/30/20
Financial performance
Performance data provided byMorningstarFind more financial data on PFPWX at Morningstar.com
Current fund
PFPWX
Parnassus Endeavor Fund
Family
Parnassus
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/20
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
0.31% more in annualized returns
Less invested in commodity producers 
0.3% less invested
More invested in banks and lenders 
0.29% more invested
Less invested in major consumer brands 
14.37% less invested
Current fund
PFPWX
Parnassus Endeavor Fund
Family
Parnassus
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/20
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
0.31% more in annualized returns
Less invested in commodity producers 
0.3% less invested
More invested in banks and lenders 
0.29% more invested
Less invested in major consumer brands 
14.37% less invested
Current fund
PFPWX
Parnassus Endeavor Fund
Family
Parnassus
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/20
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
0.31% more in annualized returns
Less invested in commodity producers 
0.3% less invested
More invested in banks and lenders 
0.29% more invested
Less invested in major consumer brands 
14.37% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
PFPWX - Parnassus Endeavor Fund
8.89%
7.42%
11%
13%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
9.68%
10%
12%
13%
0.3% 
Fund compared to benchmark
 
-0.8%
-2.97%
-0.36%
0.31%
0.3%  lower
Find more financial data on PFPWX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.