As You Sow
Invest Your Values
Sign up
Deforestation Free Funds
 Search

Parnassus Value Equity Fund

Shareclass
Parnassus Value Equity Institutional (PFPWX)
Type
Open-end mutual fund
Manager
Parnassus
Sustainability mandate
Member of US-SIF
Deforestation grade: Fund is invested in deforestation-risk banks and lenders and/or major consumer brands, but no holdings flagged for our deforestation-risk agricultural commodity producer/trader screen. Assigned a grade of B.
How we track deforestation-risk investments
B
9.91%
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
4
holdings flagged
9.91%
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.
Learn more: Forum for Sustainable and Responsible Investment
Member of The Forum for Sustainable and ResponsibleInvestment icon
This fund contains
 $504.6 MILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
0 holdings
0% of assets
$0 invested
banks
Banks and lenders
2 holdings
4.94% of assets
$251.49 MILLION invested
consumers
Major consumer brands
2 holdings
4.97% of assets
$253.11 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 C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
Banks and lenders
Banks and lenders
2 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).
2 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Bank of America Corp
    2.82%2.82% of portfolio
    $143.46M$143.46M invested
  • 2. Citigroup Inc
    2.12%2.12% of portfolio
    $108.03M$108.03M invested
Major consumer brands
Major consumer brands
2 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).
2 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Sysco Corp
    Soy major consumer brandCattle major consumer brandPalm oil major consumer brand
    3.13%3.13% of portfolio
    $159.3M$159.3M invested
    Soy major consumer brandCattle major consumer brandPalm oil major consumer brand
  • 2. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.84%1.84% of portfolio
    $93.82M$93.82M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
View more info
DATA AS OF 30 Sep 2024
Invest Your Values
Sustainability report card
As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.
Parnassus Value Equity Fund PFPWX
Member of USSIFsocially responsible

Environment

Social

Search more funds
Financial performance
Performance data provided byMorningstarFind more financial data on PFPWX at Morningstar.com
Current fund
PFPWX
Parnassus Value Equity Fund
Family
Parnassus
Category
Large Value
Find another fund
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Change benchmark
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
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 
0.1% more in annualized returns
Less invested in commodity producers 
0.17% less invested
More invested in banks and lenders 
2.5% more invested
Less invested in major consumer brands 
6.52% less invested
Current fund
PFPWX
Parnassus Value Equity Fund
Family
Parnassus
Category
Large Value
Find another fund
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Change benchmark
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
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 
0.1% more in annualized returns
Less invested in commodity producers 
0.17% less invested
More invested in banks and lenders 
2.5% more invested
Less invested in major consumer brands 
6.52% less invested
Current fund
PFPWX
Parnassus Value Equity Fund
Family
Parnassus
Category
Large Value
Find another fund
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Change benchmark
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
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 
0.1% more in annualized returns
Less invested in commodity producers 
0.17% less invested
More invested in banks and lenders 
2.5% more invested
Less invested in major consumer brands 
6.52% less invested
Month-end trailing returns  
Performance as of date: 10/31/24
Morningstar suggested benchmark: S&P 500 TR USD
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
PFPWX - Parnassus Value Equity Fund
30%
4.81%
14%
13%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
38%
9.05%
15%
13%
0.17% 
Fund compared to benchmark
 
-7.83%
-4.25%
-0.76%
0.1%
0.17%  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.
SUPPORT THE PETITION
Find top-graded funds that avoid deforestation-risk investments.
FIND TOP-SCORING FUNDS
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
CHECK FOR FOSSIL FUELS
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco
Fossil Free Funds
Fossil Free Funds
Deforestation Free Funds
Deforestation Free Funds
Gender Equality Funds
Gender Equality Funds
Gun Free Funds
Gun Free Funds
Prison Free Funds
Prison Free Funds
Weapon Free Funds
Weapon Free Funds
Tobacco Free Funds
Tobacco Free Funds
Retirement Plan Scorecard
Retirement Plan Scorecard
Learn more about Invest Your Values
Legal  |  Contact
Copyright © 2024 As You Sow

Disclaimer: As You Sow is not an investment adviser

As You Sow is not an investment adviser as that term is defined under federal and state (California) laws and regulations. As You Sow is a tax-exempt, nonprofit organization dedicated to educating and empowering shareholders to change corporations for the good through the collection, analysis and dissemination of relevant information to the public, free of charge. As You Sow does not provide financial planning, legal or tax advice. Nothing on this website shall constitute or be construed as an offering of financial instruments, or as investment advice or investment recommendations.
See our full disclaimer