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Mutual Funds Weekly Roundup: August 2
Brian Mathews
|
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Under normal conditions, the fund invests at least 80% of its total net assets in short and intermediate-term Islamic income-producing investments. It invests at least 65% of its assets in securities rated within the four highest grades (Aaa, Aa, A, Baa) by a nationally-recognized rating agency and may invest up to 35% in unrated and high-yield notes and certificates, which may be considered equivalent to "junk bonds". The fund is non-diversified.
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| Period | AMAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.0% | -26.8% | 7.9% | 19.48% |
| 1 Yr | 1.5% | -35.2% | 15.4% | 19.19% |
| 3 Yr | 0.7%* | -22.7% | 6.1% | 19.33% |
| 5 Yr | N/A* | -23.2% | 19.3% | N/A |
| 10 Yr | N/A* | -14.8% | 11.0% | N/A |
* Annualized
| Period | AMAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 4.0% | -21.7% | 32.8% | 77.86% |
| 2018 | -2.5% | -35.5% | 3.9% | 8.11% |
| 2017 | 0.4% | -15.9% | 20.0% | 92.05% |
| 2016 | 0.2% | -13.3% | 210.7% | 82.61% |
| 2015 | N/A | -71.0% | 5.0% | N/A |
| Period | AMAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.0% | -26.8% | 7.9% | 19.48% |
| 1 Yr | 1.5% | -35.2% | 15.4% | 19.61% |
| 3 Yr | 1.9%* | -22.7% | 6.5% | 15.69% |
| 5 Yr | N/A* | -23.2% | 27.5% | N/A |
| 10 Yr | N/A* | -14.8% | 13.5% | N/A |
* Annualized
| Period | AMAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 4.2% | -21.7% | 32.8% | 76.87% |
| 2018 | -0.3% | -35.5% | 3.9% | 7.36% |
| 2017 | 2.6% | -15.9% | 21.6% | 86.09% |
| 2016 | 2.3% | -13.3% | 233.7% | 69.75% |
| 2015 | N/A | -71.0% | 6.6% | N/A |
| AMAPX | Category Low | Category High | AMAPX % Rank | |
|---|---|---|---|---|
| Net Assets | 117 M | 955 K | 13.1 B | 61.54% |
| Number of Holdings | 32 | 4 | 3984 | 89.70% |
| Net Assets in Top 10 | 54.4 M | -1.28 B | 61.2 B | 51.10% |
| Weighting of Top 10 | 46.72% | 5.6% | 288.6% | 27.46% |
| Weighting | Return Low | Return High | AMAPX % Rank | |
|---|---|---|---|---|
| Bonds | 91.42% | 72.37% | 7856.50% | 70.10% |
| Cash | 8.58% | -7776.08% | 27.29% | 18.41% |
| Stocks | 0.00% | -99.58% | 110.51% | 93.55% |
| Preferred Stocks | 0.00% | 0.00% | 5.22% | 98.76% |
| Other | 0.00% | -11.63% | 87.97% | 90.80% |
| Convertible Bonds | 0.00% | 0.00% | 17.63% | 100.00% |
| AMAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.88% | 0.01% | 38.91% | 77.64% |
| Management Fee | 0.50% | 0.00% | 1.77% | 30.91% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 57.72% |
| Administrative Fee | 0.50% | 0.01% | 0.50% | 100.00% |
| AMAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
| AMAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 40.00% |
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.
| AMAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 475.00% | 16.16% |
| AMAPX | Category Low | Category High | AMAPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 2.74% | 98.77% |
| AMAPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Quarterly | Annually |
| AMAPX | Category Low | Category High | AMAPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.46% | -1.05% | 11.37% | 62.66% |
| AMAPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
| Date | Amount |
|---|---|
| Mar 29, 2019 | $0.021 |
| Feb 28, 2019 | $0.019 |
| Jan 31, 2019 | $0.021 |
| Dec 31, 2018 | $0.021 |
| Nov 30, 2018 | $0.019 |
| Oct 31, 2018 | $0.021 |
| Aug 31, 2018 | $0.020 |
| Jul 31, 2018 | $0.021 |
| Jun 29, 2018 | $0.019 |
| May 31, 2018 | $0.020 |
| Apr 30, 2018 | $0.021 |
| Mar 29, 2018 | $0.021 |
| Feb 28, 2018 | $0.017 |
| Jan 31, 2018 | $0.019 |
| Dec 29, 2017 | $0.017 |
| Nov 30, 2017 | $0.015 |
| Oct 31, 2017 | $0.017 |
| Sep 29, 2017 | $0.016 |
| Aug 31, 2017 | $0.018 |
| Jul 31, 2017 | $0.019 |
| Jun 30, 2017 | $0.018 |
| May 31, 2017 | $0.020 |
| Apr 28, 2017 | $0.016 |
| Mar 31, 2017 | $0.021 |
| Feb 28, 2017 | $0.017 |
| Jan 31, 2017 | $0.018 |
| Dec 30, 2016 | $0.017 |
| Nov 30, 2016 | $0.015 |
| Oct 31, 2016 | $0.015 |
| Sep 30, 2016 | $0.017 |
| Aug 31, 2016 | $0.025 |
| Jul 29, 2016 | $0.022 |
| Jun 30, 2016 | $0.021 |
| May 31, 2016 | $0.019 |
| Apr 29, 2016 | $0.022 |
| Mar 31, 2016 | $0.020 |
| Feb 29, 2016 | $0.008 |
| Jan 29, 2016 | $0.002 |
Start Date
Tenure
Tenure Rank
Sep 28, 2015
4.68
4.7%
Mr. Patrick T. Drum MBA, CFA®, CFP®, deputy portfolio manager of Sextant Global High Income Fund, joined Saturna Capital in 2014. He is also portfolio manager of Saturna Sustainable Bond Fund and Amana Participation Fund. From 2007 to 2014, Mr. Drum was a senior portfolio manager with the Arbor Group at UBS Financial Services specializing in the investment of non-US fixed income portfolios employing an ESG screening process.
Start Date
Tenure
Tenure Rank
May 31, 2019
1.0
1.0%
Ms. Elizabeth Alm CFA®, is a senior investment analyst and deputy portfolio manager for Saturna Capital Corporation. From 2007 to 2018, Ms. Alm was a senior research analyst with Wells Fargo Asset Management focusing on high-yield municipal bonds.
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 28.2 | 6.07 | 10.76 |
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