Azzad Ethical Fund (ADJEX)
| Fund Assets | 148.79M |
| Expense Ratio | 0.99% |
| Min. Investment | $1,000 |
| Turnover | 40.09% |
| Dividend (ttm) | 0.88 |
| Dividend Yield | 5.28% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 17.87 |
| YTD Return | 9.33% |
| 1-Year Return | 6.90% |
| 5-Year Return | 8.36% |
| 52-Week Low | 14.89 |
| 52-Week High | 18.39 |
| Beta (5Y) | 1.00 |
| Holdings | 79 |
| Inception Date | Dec 22, 2000 |
About ADJEX
The Azzad Ethical Fund is a mid-cap growth mutual fund that seeks to provide long-term total returns through investment in U.S. mid-cap companies. It focuses on companies included in the Russell Midcap Growth Index while adhering to a socially responsible investment philosophy. The fund excludes companies engaged in industries such as alcohol, tobacco, gambling, and weapons, ensuring alignment with ethical principles. It targets companies demonstrating profitability, balance sheet strength, and attractive valuations, often investing in sectors like technology, industrials, and healthcare. The fund serves as a unique investment option for those seeking sustainable growth while maintaining alignment with specific ethical standards.
Performance
ADJEX had a total return of 6.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.29%.
Top 10 Holdings
41.43% of assets| Name | Symbol | Weight |
|---|---|---|
| Quanta Services, Inc. | PWR | 6.73% |
| Coherent Corp. | COHR | 5.42% |
| KLA Corporation | KLAC | 4.63% |
| Monolithic Power Systems, Inc. | MPWR | 4.47% |
| Cadence Design Systems, Inc. | CDNS | 4.45% |
| IDEXX Laboratories, Inc. | IDXX | 3.68% |
| Howmet Aerospace Inc. | HWM | 3.33% |
| Cloudflare, Inc. | NET | 3.20% |
| Fastenal Company | FAST | 2.77% |
| Vertiv Holdings Co | VRT | 2.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.8778 | Dec 13, 2024 |
| Dec 15, 2023 | $0.41989 | Dec 15, 2023 |
| Dec 16, 2022 | $0.00762 | Dec 16, 2022 |
| Dec 20, 2021 | $2.43308 | Dec 20, 2021 |
| Dec 18, 2020 | $1.02756 | Dec 18, 2020 |
| Dec 18, 2019 | $0.9399 | Dec 18, 2019 |