AMANX: Amana Income Investor

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AMANX Amana Income Investor

  • Fund
  • AMANX
  • Price as of: Dec 10, 2019
  • $55.02
    - $0.06 - 0.11%

Profile

AMANX - Profile

Vitals

  • YTD Return 20.9%
  • 3 Yr Annualized Return 5.7%
  • 5 Yr Annualized Return 3.3%
  • Net Assets $1.37 B
  • Holdings in Top 10 41.3%

52 WEEK LOW AND HIGH

$55.02
$43.97
$55.09

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.11%

SALES FEES

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

BROKERAGE FEES

  • Turnover 1.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA $100

Fund Classification


Distributions

  • YTD Total Return 20.9%
  • 3 Yr Annualized Total Return 11.3%
  • 5 Yr Annualized Total Return 8.4%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.22%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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
    Nicholas F. Kaiser

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.


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Categories

Performance

AMANX - Performance

Return Ranking - Trailing

Period AMANX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.9% -16.7% 38.2% 72.85%
1 Yr 11.0% -58.2% 28.6% 55.68%
3 Yr 5.7%* -31.9% 58.2% 50.00%
5 Yr 3.3%* -26.8% 29.8% 54.70%
10 Yr 6.8%* -9.0% 14.5% 60.12%

* Annualized

Return Ranking - Calendar

Period AMANX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.1% -67.0% 10.0% 30.19%
2017 15.0% -32.8% 302.5% 39.36%
2016 5.0% -26.1% 19.7% 66.26%
2015 -9.1% -82.5% 7.8% 71.93%
2014 6.6% -28.7% 24.1% 45.56%

Total Return Ranking - Trailing

Period AMANX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.9% -16.7% 38.2% 72.85%
1 Yr 17.7% -58.2% 28.6% 26.42%
3 Yr 11.3%* -21.8% 58.2% 34.38%
5 Yr 8.4%* -17.4% 29.8% 41.67%
10 Yr 10.3%* -4.2% 17.4% 59.82%

* Annualized

Total Return Ranking - Calendar

Period AMANX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.2% -67.0% 10.0% 20.49%
2017 21.7% -22.1% 302.5% 23.20%
2016 9.3% -16.4% 23.8% 51.13%
2015 -2.9% -26.4% 106.5% 60.53%
2014 9.1% -24.8% 25.9% 67.52%

NAV & Total Return History


Holdings

AMANX - Holdings

Concentration Analysis

AMANX Category Low Category High AMANX % Rank
Net Assets 1.37 B 134 K 875 B 41.93%
Number of Holdings 45 2 3613 86.05%
Net Assets in Top 10 565 M 6.67 K 155 B 35.67%
Weighting of Top 10 41.30% 2.2% 1400.6% 14.29%

Top 10 Holdings

  1. Eli Lilly and Co 5.32%
  2. Microsoft Corp 4.98%
  3. McCormick & Co Inc Non-Voting 4.33%
  4. Rockwell Automation Inc 4.30%
  5. Honeywell International Inc 3.92%
  6. Illinois Tool Works Inc 3.83%
  7. Intel Corp 3.82%
  8. PPG Industries Inc 3.77%
  9. Carlisle Companies Inc 3.54%
  10. Microchip Technology Inc 3.49%

Asset Allocation

Weighting Return Low Return High AMANX % Rank
Stocks
96.56% -1.18% 145.87% 85.63%
Cash
3.44% -91.54% 101.18% 12.09%
Preferred Stocks
0.00% -17.98% 6.21% 13.44%
Other
0.00% -1.51% 26.48% 17.33%
Convertible Bonds
0.00% 0.00% 9.79% 10.31%
Bonds
0.00% -0.23% 63.47% 15.89%

Stock Sector Breakdown

Weighting Return Low Return High AMANX % Rank
Industrials
29.85% 0.00% 79.24% 0.25%
Healthcare
19.57% 0.00% 92.30% 2.96%
Technology
16.09% 0.00% 118.30% 77.56%
Consumer Defense
14.66% 0.00% 71.31% 5.93%
Basic Materials
13.29% -3.81% 23.60% 0.25%
Consumer Cyclical
2.92% 0.00% 74.42% 96.87%
Utilities
0.00% -13.41% 21.36% 83.74%
Real Estate
0.00% -3.11% 64.58% 88.65%
Financial Services
0.00% 0.00% 106.34% 99.92%
Energy
0.00% -1.47% 70.63% 93.40%
Communication Services
0.00% 0.00% 27.72% 93.90%

Stock Geographic Breakdown

Weighting Return Low Return High AMANX % Rank
US
81.93% 80.02% 687.00% 99.15%
Non US
14.63% -688.18% 20.06% 2.20%

Expenses

AMANX - Expenses

Operational Fees

AMANX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.11% 0.00% 119.91% 38.59%
Management Fee 0.78% 0.00% 2.00% 86.39%
12b-1 Fee 0.25% 0.00% 1.00% 29.99%
Administrative Fee 0.85% 0.00% 0.85% 99.82%

Sales Fees

AMANX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

AMANX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 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 1.00% 0.00% 838.00% 0.68%

Distributions

AMANX - Distributions

Dividend Yield Analysis

AMANX Category Low Category High AMANX % Rank
Dividend Yield 0.00% 0.00% 8.17% 67.29%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

AMANX Category Low Category High AMANX % Rank
Net Income Ratio 1.22% -2.85% 2.89% 41.68%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

AMANX - Fund Manager Analysis

Managers

Nicholas F. Kaiser


Start Date

Tenure

Tenure Rank

Jan 01, 1990

29.93

29.9%

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.

Scott F. Klimo


Start Date

Tenure

Tenure Rank

Sep 14, 2012

7.21

7.2%

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.

Monem Salam


Start Date

Tenure

Tenure Rank

Jul 31, 2018

1.33

1.3%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.39 6.01 0.42