This member of the Kiplinger 25 gained 9.5% over the past 12 months, beating 76% of its peers.
Dodson, who is 77, is leaving the Fund (ticker: PARWX) and the funds’ board of trustees effective Dec. 31, the investment management company said on Nov. 10. While he will no longer be managing money for the firm, Dodson will remain chairman of the board. Co-manager Billy Hwan will become sole manager of Parnassus Endeavor, effective Jan. 1.
Mutual Fund Report for PARMX