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AMANX Amana Income Investor

  • Fund
  • AMANX
  • Price as of: Aug 08, 2016
  • $46.47
  • - $0.06
  • - 0.13%
  • Category
  • Large Cap Blend Equities

AMANX - Profile

Vitals

  • YTD Return 9.6%
  • 3 Yr Annualized Return 9.0%
  • 5 Yr Annualized Return 10.7%
  • Net Assets $1.34 B
  • Holdings in Top 10 34.7%

52 WEEK LOW AND HIGH

$46.47
$38.96
$46.83

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.13%

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 Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 9.6%
  • 3 Yr Annualized Total Return 9.0%
  • 5 Yr Annualized Total Return 10.7%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.26%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Amana Mutual Funds Trust Income Fund
  • Fund Family Name Amana
  • Inception Date Jun 23, 1986
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager Scott F. Klimo

Fund Description

The Amana Mutual Funds Trust Income Fund Investor (AMANX) is a low-cost, actively managed fund that seeks to provide a high income within its investment framework. The fund invests in foreign and domestic large-cap, dividend-paying stocks in adherence to Islamic principles. The fund thus excludes alcohol stocks, gambling stocks, pork processing companies and firms that charge interest (banks). The fund will not hold bonds and can move down the market-cap ladder if opportunities arise.

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

AMANX - Performance

Return Ranking - Trailing

Period AMANX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.6% -82.7% 66.9% 5.40% 1
1 Yr 8.8% -18.8% 20.8% 7.08% 1
3 Yr 9.0% * -3.8% 21.2% 49.33% 3
5 Yr 10.7% * -1.7% 21.8% 62.97% 4
10 Yr 8.6% * 0.6% 11.3% 5.30% 1

* Annualized


Return Ranking - Calendar

Period AMANX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -9.1% -58.7% 5.7% 66.29% 4
2014 N/A 0.2% 11.5% N/A N/A
2013 N/A 12.5% 31.1% N/A N/A
2012 N/A 9.2% 16.4% N/A N/A
2011 N/A -3.8% 5.9% N/A N/A

Total Return Ranking - Trailing

Period AMANX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.6% -82.7% 66.9% 5.50% 1
1 Yr 8.8% -21.2% 20.8% 5.63% 1
3 Yr 9.0% * -3.8% 21.2% 42.76% 3
5 Yr 10.7% * -1.7% 21.8% 60.49% 4
10 Yr 8.6% * 0.6% 11.3% 4.88% 1

* Annualized


Total Return Ranking - Calendar

Period AMANX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -9.1% -58.7% 5.7% 66.40% 4
2014 N/A 2.0% 13.2% N/A N/A
2013 N/A 23.2% 39.5% N/A N/A
2012 N/A 11.6% 23.6% N/A N/A
2011 N/A -2.1% 8.0% N/A N/A

NAV & Total Return History

AMANX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

AMANX Category Low Category High AMANX % Rank Quintile
Net Assets 1.34 B 9.87 K 458 B 10.62% 2
Number of Holdings 44 1 3780 15.40% 4
Net Assets in Top 10 452 M -18.9 K 63.6 B 8.99% 2
Weighting of Top 10 34.7% 0.0% 299.6% 12.81% 2

Top 10 Holdings

  1. Bristol-Myers Squibb Company 3.67%
  2. Illinois Tool Works Inc 4.00%
  3. Eli Lilly and Co 3.75%
  4. Honeywell International Inc 3.57%
  5. Nike Inc B 3.22%
  6. Colgate-Palmolive Co 3.37%
  7. 3M Co 3.50%
  8. PPG Industries Inc 3.20%
  9. General Mills Inc 3.29%
  10. Kimberly-Clark Corp 3.17%

Asset Allocation

Weighting Category Low Category High AMANX % Rank Quintile
Stocks
96.66% -0.95% 136.86% 14.79% 4
Cash
3.33% -98.69% 132.07% 11.51% 2
Other
0.00% -81.75% 100.00% 9.50% 5
Convertible Bonds
0.00% 0.00% 85.35% 1.80% 5
Preferred Stocks
0.00% 0.00% 10.32% 3.02% 5
Bonds
0.00% -37.58% 98.94% 5.74% 5

Stock Sector Breakdown

Weighting Category Low Category High AMANX % Rank Quintile
Industrials
26.50% 0.00% 41.49% 0.65% 1
Healthcare
19.11% 0.00% 29.64% 2.90% 1
Consumer Defense
18.66% 0.00% 51.54% 1.52% 1
Basic Materials
11.64% 0.00% 24.37% 0.87% 1
Consumer Cyclical
10.71% 0.00% 70.69% 16.08% 3
Technology
8.76% 0.00% 51.32% 25.56% 5
Energy
1.28% -2.91% 25.38% 25.20% 5
Financial Services
0.00% 0.00% 47.89% 30.20% 5
Communication Services
0.00% -0.78% 17.25% 21.36% 5
Real Estate
0.00% -0.11% 11.80% 18.90% 5
Utilities
0.00% -3.20% 25.88% 19.55% 5

Stock Geographic Breakdown

Weighting Category Low Category High AMANX % Rank Quintile
US
86.24% -0.95% 136.86% 23.53% 4
Non US
10.42% -0.69% 94.73% 6.04% 1

AMANX - Expenses

Operational Fees

AMANX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.13% 0.02% 303.36% 14.79% 3
Management Fee 0.83% 0.00% 2.25% 1.72% 5
12b-1 Fee 0.25% 0.00% 1.00% 1.99% 3
Administrative Fee N/A 0.00% 0.45% N/A N/A

Sales Fees

AMANX Fees (% of AUM) Category Low Category High AMANX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.00% 5.00% N/A N/A

Trading Fees

AMANX Fees (% of AUM) Category Low Category High AMANX Rank Quintile
Max Redemption Fee N/A 0.15% 2.00% 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.

AMANX Fees (% of AUM) Category Low Category High AMANX Rank Quintile
Turnover 0.00% 0.00% 1596.00% 17.05% 1

AMANX - Distributions

Dividend Yield Analysis

AMANX Category Low Category High AMANX % Rank Quintile
Dividend Yield 0.8% 0.00% 11.20% 4.85% 1

Dividend Distribution Analysis

AMANX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

AMANX Category Low Category High AMANX % Rank Quintile
Net Income Ratio 1.26% -2.19% 5.26% 9.45% 2

Capital Gain Distribution Analysis

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

AMANX - Managers

Scott F. Klimo

Manager

Start Date

Sep 14, 2012

Tenure

3.88

Tenure Rank

8.3%

Scott Klimo CFA, Director of Research, 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

Lead Manager

Start Date

Jan 01, 1990

Tenure

26.6

Tenure Rank

0.4%

Nicholas Kaiser CFA®, MBA, Director and Chairman of Saturna Capital, 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 and his children control Saturna Capital through its voting stock. A Chartered Financial Analyst charterholder, he is Saturna’s chief investment officer. He serves Saturna’s mutual funds as trustee, president, and equity portfolio manager. Mr. Kaiser’s industry activities include service with the Investment Company Institute (past Governor), CFA Institute (past chapter president), Financial Planning Association (past chapter president), and No-Load Mutual Fund Association (past national president). He currently serves on the volunteer boards of St. Paul’s Academy, the Mt. Baker Foundation, and Shawnigan Lake School. He supports a range of non-profit activities, such as the Kaiser Professorship in International Business at Western Washington University. A commercial pilot (retired), ocean sailor, and avid skier, he reads and travels extensively. 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

80.8

Category Average

6.03

Category Mode

1.6