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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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AMANA INCOME FUND

AMANX | Fund

$66.03

$1.82 B

0.73%

$0.48

1.02%

Vitals

YTD Return

9.9%

1 yr return

23.9%

3 Yr Avg Return

9.7%

5 Yr Avg Return

12.3%

Net Assets

$1.82 B

Holdings in Top 10

51.9%

52 WEEK LOW AND HIGH

$65.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.02%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 5.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$250

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

AMANA INCOME FUND

AMANX | Fund

$66.03

$1.82 B

0.73%

$0.48

1.02%

AMANX - Profile

Distributions

  • YTD Total Return 9.9%
  • 3 Yr Annualized Total Return 9.7%
  • 5 Yr Annualized Total Return 12.3%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.03%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    AMANA INCOME FUND
  • Fund Family Name
    Amana
  • Inception Date
    Sep 25, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Scott Klimo

Fund Description

The Income Fund invests primarily in dividend-paying common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. Generally, Islamic principles require that investors share in profit and loss, that they receive no usury or interest, and that they do not invest in a business that is prohibited by Islamic principles. Some of the businesses not permitted are alcohol, pornography, insurance, gambling, pork processing, and interest-based banks or finance associations.

The Income Fund does not make any investments that pay interest. Islamic principles discourage speculation, and the Fund tends to hold investments for several years.

The Income Fund diversifies its investments across industries and companies, and principally follows a large-cap value investment style. Common stock purchases are restricted to dividend-paying companies. The Fund seeks companies demonstrating both Islamic and sustainable characteristics.

The Fund’s adviser (Saturna Capital Corporation) considers issuers with sustainable characteristics to be those issuers that are more established, consistently profitable, and financially strong, with robust policies in the areas of the environment, social responsibility, and corporate governance (“ESG”). The Fund’s adviser employs a sustainable rating system based on its own, as well as third-party, data to identify issuers believed to present low risks in ESG. The Fund’s adviser also uses negative screening to exclude security issuers primarily engaged in higher ESG risk businesses such as alcohol, tobacco, pornography, weapons, gambling, and fossil fuel extraction.

It is the policy of the Income Fund, under normal circumstances, to invest at least 80% of its total net assets in income-producing securities, primarily dividend-paying common stocks.

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AMANX - Performance

Return Ranking - Trailing

Period AMANX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.9% 0.3% 17.0% 59.86%
1 Yr 23.9% 3.7% 53.6% 82.10%
3 Yr 9.7%* -10.3% 30.6% 56.57%
5 Yr 12.3%* -7.9% 109.2% 73.36%
10 Yr 10.3%* 0.4% 21.0% 78.29%

* Annualized

Return Ranking - Calendar

Period AMANX Return Category Return Low Category Return High Rank in Category (%)
2023 7.8% -42.6% 47.4% 87.83%
2022 -15.5% -56.3% -4.2% 11.09%
2021 17.0% -27.2% 53.7% 48.78%
2020 6.8% -36.2% 2181.7% 77.49%
2019 16.0% -22.7% 40.4% 85.87%

Total Return Ranking - Trailing

Period AMANX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.9% 0.3% 17.0% 59.86%
1 Yr 23.9% 3.7% 53.6% 82.10%
3 Yr 9.7%* -10.3% 30.6% 56.57%
5 Yr 12.3%* -7.9% 109.2% 73.36%
10 Yr 10.3%* 0.4% 21.0% 78.29%

* Annualized

Total Return Ranking - Calendar

Period AMANX Return Category Return Low Category Return High Rank in Category (%)
2023 13.5% -5.0% 47.4% 91.81%
2022 -8.7% -36.8% -2.2% 6.70%
2021 22.5% 3.0% 124.3% 86.93%
2020 13.9% -15.8% 2266.0% 69.56%
2019 25.3% -0.4% 241.3% 86.40%

NAV & Total Return History


AMANX - Holdings

Concentration Analysis

AMANX Category Low Category High AMANX % Rank
Net Assets 1.82 B 2.59 M 1.55 T 44.72%
Number of Holdings 32 1 4053 92.57%
Net Assets in Top 10 866 M 885 K 387 B 36.98%
Weighting of Top 10 51.94% 0.3% 112.0% 7.46%

Top 10 Holdings

  1. Eli Lilly 12.41%
  2. Microsoft 9.09%
  3. Rockwell Automation 4.96%
  4. Taiwan Semiconductor ADS 4.81%
  5. Illinois Tool Works 4.36%
  6. W.W. Grainger 3.77%
  7. PPG Industries 3.23%
  8. Linde 3.23%
  9. Honeywell International 3.05%
  10. Genuine Parts 3.04%

Asset Allocation

Weighting Return Low Return High AMANX % Rank
Stocks
89.73% 0.00% 124.03% 96.25%
Cash
10.27% 0.00% 99.06% 2.19%
Preferred Stocks
0.00% 0.00% 2.38% 39.72%
Other
0.00% -13.91% 100.00% 55.28%
Convertible Bonds
0.00% 0.00% 5.54% 36.55%
Bonds
0.00% -0.50% 94.15% 40.89%

Stock Sector Breakdown

Weighting Return Low Return High AMANX % Rank
Healthcare
31.85% 0.00% 60.70% 0.32%
Industrials
22.95% 0.00% 29.90% 1.67%
Technology
20.92% 0.00% 48.94% 70.41%
Consumer Defense
10.94% 0.00% 47.71% 8.35%
Basic Materials
8.25% 0.00% 25.70% 3.58%
Consumer Cyclical
3.68% 0.00% 30.33% 96.66%
Communication Services
1.42% 0.00% 27.94% 96.26%
Utilities
0.00% 0.00% 20.91% 90.85%
Real Estate
0.00% 0.00% 31.91% 91.33%
Financial Services
0.00% 0.00% 55.59% 99.84%
Energy
0.00% 0.00% 41.64% 91.01%

Stock Geographic Breakdown

Weighting Return Low Return High AMANX % Rank
US
87.63% 0.00% 124.03% 92.73%
Non US
2.10% 0.00% 62.81% 13.29%

AMANX - Expenses

Operational Fees

AMANX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.01% 16.07% 34.85%
Management Fee 0.75% 0.00% 1.89% 87.20%
12b-1 Fee 0.25% 0.00% 1.00% 41.34%
Administrative Fee 0.85% 0.00% 0.85% 99.73%

Sales Fees

AMANX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AMANX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

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 Return Low Category Return High Rank in Category (%)
Turnover 5.00% 0.00% 496.00% 12.51%

AMANX - Distributions

Dividend Yield Analysis

AMANX Category Low Category High AMANX % Rank
Dividend Yield 0.73% 0.00% 25.10% 17.55%

Dividend Distribution Analysis

AMANX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual Quarterly Semi-Annually

Net Income Ratio Analysis

AMANX Category Low Category High AMANX % Rank
Net Income Ratio 1.03% -54.00% 6.06% 30.89%

Capital Gain Distribution Analysis

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

Distributions History

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AMANX - Fund Manager Analysis

Managers

Scott Klimo


Start Date

Tenure

Tenure Rank

Sep 14, 2012

9.72

9.7%

Mr. Klimo is vice president and chief investment officer of Saturna Capital and a deputy portfolio manager of Amana Income and Amana Developing World Funds. He joined Saturna Capital in 2012 as director of research. 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.From 2001 to 2011, he served as a senior investment analyst, research director, and portfolio manager at Avera Global Partners/Security Global Investors.

Monem Salam


Start Date

Tenure

Tenure Rank

Jul 31, 2018

3.84

3.8%

Mr. Monem Salam MBA, is a portfolio manager, investment analyst, and director for Saturna Capital Corporation. Mr. Salam is the president and executive director of Saturna Sdn. Bhd., Saturna Capital Corporation's wholly-owned Malaysian subsidiary.

Bryce Fegley


Start Date

Tenure

Tenure Rank

Apr 30, 2020

2.08

2.1%

Mr. Bryce Fegley, CFA, joined Saturna Capital in 2001 and was appointed co-portfolio manager for the Global High Income Fund in 2012. From 2001 to 2009, he was Brokerage Operations Manager for Saturna Brokerage Services. From 2009 to 2012 he was President of Saturna Sdn. Bhd., a wholly-owned Malaysian subsidiary of Saturna Capital.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.21 2.42