Amana Participation Institutional (AMIPX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.93
-0.01 (-0.10%)
At close: Sep 22, 2025
-0.10%
Fund Assets282.68M
Expense Ratio0.58%
Min. Investment$100,000
Turnover17.00%
Dividend (ttm)0.37
Dividend Yield3.68%
Dividend Growth14.13%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close9.94
YTD Return4.84%
1-Year Return4.12%
5-Year Return9.18%
52-Week Low9.43
52-Week High9.94
Beta (5Y)0.09
Holdings47
Inception DateSep 28, 2015

About AMIPX

Amana Participation Fund Institutional Shares is an actively managed mutual fund focused on capital preservation and current income within an Islamic finance framework. It primarily invests in short- and intermediate‑term income‑producing securities that comply with Sharia principles, emphasizing sukuk and other Islamic participation certificates rather than conventional interest‑bearing bonds. The strategy targets a lower‑volatility profile than equities while maintaining prudent interest‑rate exposure, reflected by a modest effective duration profile. The portfolio is diversified across sectors influenced by sukuk issuance, including financials, government, real estate, utilities, communications, and energy, and is managed by a dedicated team experienced in halal fixed‑income markets. As part of the Amana family, the fund offers institutional investors a distinct avenue to access global Islamic fixed‑income markets, aligning with faith‑based guidelines without sacrificing modern portfolio construction standards. It plays a niche yet important role in the market by providing U.S. investors with a non‑equity, halal income solution that aims to balance income generation with capital stability.

Fund Family Amana
Category World Bond
Ticker Symbol AMIPX
Share Class Institutional Shares
Index Index is not available on Lipper Database

Performance

AMIPX had a total return of 4.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.99%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
AMAPXInvestor Shares0.83%

Top 10 Holdings

38.05% of assets
NameSymbolWeight
Cash At Bankn/a5.11%
EDO Sukuk Ltd. 5.662%ENEDEV.5.662 07.03.31 144A4.44%
Equate Sukuk Spc Ltdn/a4.31%
AerCap Sukuk Ltd. 4.5%AERCAP.4.5 10.03.29 REGS3.97%
SA Global Sukuk Ltd. 2.694%ARAMCO.2.694 06.17.31 144A3.66%
Almarai Sukuk Ltd 5.233%ALMARA.5.233 07.25.333.61%
Dar Al-Arkan Sukuk Company Ltd. 8%DARALA.8 02.25.29 EMTN3.45%
Maf Sukuk 4.638%MAFUAE.4.638 05.14.293.17%
Emaar Sukuk Limited 3.7%EMAAR.3.7 07.06.31 EMTN3.17%
DAE Sukuk (DIFC) Ltd. 3.75%DUBAEE.3.75 02.15.26 144A3.16%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.02573Aug 29, 2025
Jul 31, 2025$0.02584Jul 31, 2025
Jun 30, 2025$0.0246Jun 30, 2025
May 30, 2025$0.10316May 30, 2025
Apr 30, 2025$0.02374Apr 30, 2025
Mar 31, 2025$0.02381Mar 31, 2025
Full Dividend History