# EDGAR Filing Document

**Accession Number:** 0000866256
**File Stem:** 0001193125-26-031521
**Filing Date:** 2026-1
**Character Count:** 3133
**Document Hash:** 3adb8a62c309177001da2fe1fffe7315
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-031521.hdr.sgml**: 20260130

**ACCESSION NUMBER**: 0001193125-26-031521

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260130

**DATE AS OF CHANGE**: 20260130

**EFFECTIVENESS DATE**: 20260130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PARNASSUS FUNDS II
- **CENTRAL INDEX KEY:** 0000866256

**ORGANIZATION NAME:**
- **EIN:** 946633178
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** 25490076SJ8OS37PWC23

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-36065
- **FILM NUMBER:** 26582381

**BUSINESS ADDRESS:**
- **STREET 1:** 1 MARKET ST STE 1600
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105-1467
- **BUSINESS PHONE:** 4157780200

**MAIL ADDRESS:**
- **STREET 1:** 1 MARKET ST STE 1600
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105-1467

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PARNASSUS INCOME FUNDS
- **DATE OF NAME CHANGE:** 20050304

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PARNASSUS INCOME FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Parnassus Value Select ETF (Series ID: S000089217)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000255732 | Parnassus Value Select ETF | PRVS            |

**Parnassus Value Select ETF<sup>SM</sup>** 

PRVS

January 30, 2026

**Supplement to the Prospectus and Summary Prospectus,** 

**each dated April 28, 2025** 

Effective January 30, 2026, Mark Zagata, CFA will serve as a Portfolio Manager of the Parnassus Value Select ETF<sup>SM</sup> with the following changes being made to the prospectus and summary prospectus:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The "Summary Section – Parnassus Value Select
ETF<sup>SM</sup>– Portfolio Manager" section of the prospectus and the "Portfolio Manager" section of the summary prospectus are each hereby amended and restated as follows:

**Portfolio Managers** 

The Portfolio Managers are responsible for the day-to-day management of the Fund's portfolio.

**Krishna S. Chintalapalli** is a Portfolio Manager of the Parnassus Value Select ETF, and has served as a portfolio manager of the Fund since its inception.

**Mark Zagata, CFA**, is a Portfolio Manager of the Parnassus Value Select ETF and has served as a portfolio manager of the Fund since January 30, 2026.

For more information, please see "Management of the Funds" in the prospectus and "Portfolio Managers" in the SAI.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The following paragraph is added to the "Management of the Funds" section of the prospectus:

**Mark Zagata, CFA**, is a Portfolio Manager of the Parnassus Value Select ETF and has served as a portfolio manager of the Fund since January 30, 2026. Mr. Zagata previously served as Director of Equities Research, Portfolio Manager and Securities Analyst of Boston Trust Walden Company, where he was employed from 2008-2026.

\*\*\*\*\*\*

Please Read Carefully and Keep for Future Reference