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AMAGX Amana Growth Investor

  • Fund
  • AMAGX
  • Price as of: Nov 22, 2017
  • $38.20
  • - $0.10
  • - 0.26%
  • Category
  • Large Cap Growth Equities

AMAGX - Profile

Vitals

  • YTD Return 27.1%
  • 3 Yr Annualized Return 11.2%
  • 5 Yr Annualized Return 13.9%
  • Net Assets $1.64 B
  • Holdings in Top 10 39.7%

52 WEEK LOW AND HIGH

$38.20
$30.06
$38.30

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.10%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250

IRA

$100

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 27.1%
  • 3 Yr Annualized Total Return 11.2%
  • 5 Yr Annualized Total Return 13.9%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.52%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Amana Mutual Funds Trust Growth Fund
  • Fund Family Name Amana
  • Inception Date Feb 03, 1994
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager Scott F. Klimo

Fund Description

The Amana Mutual Funds Trust Growth Fund Investor (AMAGX) is a low-cost, actively managed fund that seeks to grow investor capital. The fund invests in both foreign and domestic large-cap stocks in adherence to Islamic principles. The fund thus excludes alcohol stocks, gambling stocks, pork processing companies and those that charge interest (banks). The fund will not hold bonds and can move down the market-cap ladder if opportunities arise.

With its ESG-focus, AMAGX makes for an interesting subcore position in a broader equity portfolio. The fund is managed by Saturna Capital Corporation.

AMAGX - Performance

Return Ranking - Trailing

Period AMAGX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 27.1% -97.0% 36.5% 28.03% 2
1 Yr 28.2% -52.0% 75.7% 19.83% 1
3 Yr 11.2% * -15.1% 30.2% 35.18% 2
5 Yr 13.9% * -3.3% 20.4% 59.99% 4
10 Yr 7.7% * 0.6% 12.6% 41.39% 3

* Annualized


Return Ranking - Calendar

Period AMAGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -5.3% -56.6% 121.2% 70.50% 4
2015 -7.3% -40.3% 11.4% 67.28% 4
2014 7.1% -30.1% 42.9% 20.76% 2
2013 19.0% -11.8% 56.4% 75.88% 4
2012 10.9% -21.6% 29.1% 71.24% 4

Total Return Ranking - Trailing

Period AMAGX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 27.1% -97.0% 36.5% 28.21% 2
1 Yr 28.2% -71.3% 2606.2% 15.58% 1
3 Yr 11.2% * -21.9% 43.7% 30.94% 2
5 Yr 13.9% * -4.4% 20.4% 55.89% 3
10 Yr 7.7% * 0.0% 12.6% 38.42% 2

* Annualized


Total Return Ranking - Calendar

Period AMAGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -5.3% -56.6% 126.1% 73.89% 4
2015 -0.5% -17.8% 28.8% 77.24% 5
2014 16.4% -10.0% 382.6% 20.04% 1
2013 28.9% -2.9% 615.0% 91.62% 5
2012 14.7% -100.0% 357.8% 87.15% 5

NAV & Total Return History

AMAGX - Holdings

Filings data as of: Oct 31, 2017

Concentration Analysis

AMAGX Category Low Category High AMAGX % Rank Quintile
Net Assets 1.64 B 373 K 169 B 13.62% 2
Number of Holdings 38 1 2176 11.95% 5
Net Assets in Top 10 651 M 0 42.4 B 12.02% 2
Weighting of Top 10 39.7% 0.0% 150.9% 13.56% 2

Top 10 Holdings

  1. Amgen Inc 3.79%
  2. Adobe Systems Inc 5.34%
  3. Apple Inc 5.20%
  4. Intuit Inc 4.14%
  5. Johnson & Johnson 3.57%
  6. Trimble Inc 3.74%
  7. Agilent Technologies Inc 3.73%
  8. Alphabet Inc A 3.46%
  9. ASML Holding NV ADR 3.39%
  10. EMCOR Group Inc 3.35%

Asset Allocation

Weighting Category Low Category High AMAGX % Rank Quintile
Stocks
98.55% 0.00% 105.74% 8.03% 2
Cash
1.45% -5.74% 100.00% 15.10% 3
Preferred Stocks
0.00% 0.00% 5.84% 4.63% 5
Other
0.00% -4.38% 24.55% 9.19% 5
Convertible Bonds
0.00% 0.00% 2.68% 0.96% 5
Bonds
0.00% 0.00% 77.09% 4.05% 5

Stock Sector Breakdown

Weighting Category Low Category High AMAGX % Rank Quintile
Technology
47.07% -1.29% 54.16% 0.45% 1
Healthcare
22.93% -1.03% 95.08% 1.86% 1
Industrials
12.65% -0.37% 26.97% 7.01% 1
Consumer Defense
9.94% -1.43% 23.04% 4.50% 1
Consumer Cyclical
5.96% -2.22% 35.09% 32.46% 5
Utilities
0.00% -0.18% 10.82% 10.03% 5
Real Estate
0.00% -0.02% 11.06% 16.32% 5
Financial Services
0.00% -2.38% 37.27% 34.13% 5
Energy
0.00% -1.24% 16.17% 23.20% 5
Communication Services
0.00% 0.00% 14.37% 21.59% 5
Basic Materials
0.00% -1.18% 21.47% 22.11% 5

Stock Geographic Breakdown

Weighting Category Low Category High AMAGX % Rank Quintile
US
85.82% 0.00% 101.47% 27.63% 5
Non US
12.73% 0.00% 90.05% 4.37% 1

AMAGX - Expenses

Operational Fees

AMAGX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.10% 0.00% 24.91% 12.16% 3
Management Fee 0.84% 0.00% 1.50% 1.67% 5
12b-1 Fee 0.25% 0.00% 1.00% 1.25% 3
Administrative Fee N/A 0.00% 1.00% N/A N/A

Sales Fees

AMAGX Fees (% of AUM) Category Low Category High AMAGX Rank Quintile
Front Load N/A 1.50% 8.50% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

AMAGX Fees (% of AUM) Category Low Category High AMAGX Rank Quintile
Max Redemption Fee N/A 0.05% 5.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AMAGX Fees (% of AUM) Category Low Category High AMAGX Rank Quintile
Turnover 0.00% 0.00% 601.00% 14.93% 1

AMAGX - Distributions

Dividend Yield Analysis

AMAGX Category Low Category High AMAGX % Rank Quintile
Dividend Yield 0.2% 0.00% 2.83% 18.11% 1

Dividend Distribution Analysis

AMAGX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

AMAGX Category Low Category High AMAGX % Rank Quintile
Net Income Ratio 0.52% -13.37% 3.70% 7.66% 2

Capital Gain Distribution Analysis

AMAGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Daily Annually

AMAGX - Managers

Scott F. Klimo

Manager

Start Date

Sep 14, 2012

Tenure

5.13

Tenure Rank

9.9%

Scott Klimo, CFA, is chief investment officer at Saturna Capital Corporation. He joined Saturna Capital in May 2012. He received his BA in Asian Studies from Hamilton College in Clinton, NY and also attended the Chinese University of Hong Kong and the Mandarin Training Center in Taipei, Taiwan. Scott has more than 20 years experience in the financial industry with the first several years of his career spent living and working in a variety of Asian countries and the past 10 years working as a senior analyst, research director and portfolio manager covering global equities. He is a supporter of various environmental organizations and served for several years on the Board of Directors of the Marin County Bicycle Coalition. Outside of work, Mr. Klimo is an avid cyclist, private pilot, and scuba diver.


Nicholas F. Kaiser

Manager

Start Date

Feb 03, 1994

Tenure

23.76

Tenure Rank

0.5%

Nicholas Kaiser CFA®, MBA, chairman and controlling shareowner of Saturna Capital Corporation, was born in Bellingham in 1946. Mr. Kaiser graduated from Yale College with a degree in economics and obtained his MBA from the University of Chicago in 1968, with dual majors in International Economics and Finance. Mr. Kaiser purchased control of Unified Management Corporation (Indianapolis) in 1976, and built it into a mid-sized investment management and brokerage firm. After selling Unified to a major insurance company, he returned to Bellingham and founded Saturna Capital in 1989. Mr. Kaiser has been named to Morningstar’s Ultimate Stockpicker’s list three years running (2010, 2011, and 2012); he has twice been nominated for Morningstar’s Domestic Stock Portfolio Manager of the Year (2006 and 2008) and twice been named to Barron’s Top 100 Portfolio Managers (2001 and 2002). Mr. Kaiser was Northwest Business Monthly’s Business Person of the Year in 2006, and received Whatcom Business Alliance’s Lifetime Achievement Award for 2013.


Tenure Analysis

Category Low

0.0

Category High

49.8

Category Average

7.53

Category Mode

2.8