1. Parnassus Equity Income (Large U.S. Stocks)While the $193 million-in-assets ( PRBLX) Parnassus Equity Income fund (Ticker: PRBLX) falls broadly under the "large-blend" category, the value-oriented manager Todd Ahlsten takes a "go anywhere" approach that hunts for companies big and small. The fund aims to keep about 75% of its assets in dividend-paying companies, making the fund a decent way to look for yield. Do-gooder or no do-gooder, Parnassus Equity Income has been one of the best funds around since its 1992 inception. The fund's five-year average annual return of 10.9% ranks in the top 1% of all large-blend funds, according to Morningstar, and its 10-year returns rank in the top 8%. While Ahlsten has only been at the helm alone for one year (he's been with Parnassus for nine years), the one-year return of 8.13% ranks No. 1, according to Morningstar.