About AMANX
Amana Mutual Funds Trust Income Fund Investor is an open-ended mutual fund focused on generating current income and preserving capital, while strictly adhering to Islamic investment principles. The fund primarily invests in dividend-paying common stocks, including select foreign equities, and avoids interest-bearing instruments and companies involved in activities prohibited under Sharia law, such as those related to alcohol, gambling, and conventional banking. Its investment approach emphasizes a large-cap value style, diversifying across industries to support stability and long-term growth potential. The fund’s portfolio typically allocates a significant portion of assets to well-established companies in sectors such as healthcare, technology, and industrials, exemplified by holdings like Eli Lilly, Microsoft, and Taiwan Semiconductor Manufacturing Co. By excluding investments in sectors like fossil fuels, military weapons, and the prison industrial complex, the fund incorporates notable environmental, social, and governance considerations. Amana Mutual Funds Trust Income Fund Investor serves individuals and institutions seeking equity income in a manner consistent with Islamic values, playing a unique role in the market as a socially responsible and faith-based investment option.
Fund Family Amana
Category Large Blend
Performance Rating Below Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol AMANX
Share Class Investor Shares
Index S&P 500 TR
AMANX had a total return of 21.24% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.86%.
