Parnassus Fixed Financial Statements From 2010 to 2024

PRFIX Fund  USD 14.89  0.05  0.34%   
Parnassus Fixed financial statements provide useful quarterly and yearly information to potential Parnassus Fixed Income investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Parnassus Fixed financial statements helps investors assess Parnassus Fixed's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Parnassus Fixed's valuation are summarized below:
Parnassus Fixed Income does not presently have any trending fundamental ratios for analysis.
Check Parnassus Fixed financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parnassus Fixed's main balance sheet or income statement drivers, such as , as well as many indicators such as . Parnassus financial statements analysis is a perfect complement when working with Parnassus Fixed Valuation or Volatility modules.
  
This module can also supplement various Parnassus Fixed Technical models . Check out the analysis of Parnassus Fixed Correlation against competitors.

Parnassus Fixed Income Mutual Fund Annual Yield Analysis

Parnassus Fixed's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Yield

 = 

Income from Security

Current Share Price

More About Annual Yield | All Equity Analysis

Current Parnassus Fixed Annual Yield

    
  0.01 %  
Most of Parnassus Fixed's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Parnassus Fixed Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Competition

In accordance with the recently published financial statements, Parnassus Fixed Income has an Annual Yield of 0.0063%. This is much higher than that of the Parnassus family and significantly higher than that of the Intermediate Core-Plus Bond category. The annual yield for all United States funds is notably lower than that of the firm.

Parnassus Fixed Income Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Parnassus Fixed's current stock value. Our valuation model uses many indicators to compare Parnassus Fixed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parnassus Fixed competition to find correlations between indicators driving Parnassus Fixed's intrinsic value. More Info.
Parnassus Fixed Income is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about  540.62  of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Parnassus Fixed's earnings, one of the primary drivers of an investment's value.

About Parnassus Fixed Financial Statements

Parnassus Fixed investors use historical fundamental indicators, such as Parnassus Fixed's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Parnassus Fixed. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets in a diversified portfolio of bonds and other fixed income instruments. It principally invests in corporate bonds, U.S. Treasuries and supranational bonds, with an emphasis on corporate bonds. The fund may also invest in U.S. governmental agencies, commercial and residential mortgage-backed securities and other asset-backed securities. It invests mainly in domestic securities, and to a lesser extent may also invest in U.S. dollar denominated foreign securities.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Parnassus Mutual Fund

Parnassus Fixed financial ratios help investors to determine whether Parnassus Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parnassus with respect to the benefits of owning Parnassus Fixed security.
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