What does Parnassus Income Funds - Parnassus Core Select ETF invest in?▾
PRCS targets a concentrated portfolio of approximately 20-30 equity securities, emphasizing both value and growth stocks primarily from large-cap US companies. The fund aims to identify businesses that are perceived to be undervalued or possess significant potential for revenue and earnings growth. The investment process involves a comprehensive analysis of company fundamentals, including assessment of financial statements and management quality. Key to the selection criteria are competitive advantages such as strong brand loyalty, operational efficiencies, and a robust network effect. PRCS...