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Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
14.4%
1 yr return
22.4%
3 Yr Avg Return
7.6%
5 Yr Avg Return
11.9%
Net Assets
$1.99 B
Holdings in Top 10
52.8%
Expense Ratio 1.01%
Front Load N/A
Deferred Load N/A
Turnover 5.00%
Redemption Fee N/A
Standard (Taxable)
$250
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Income Fund invests primarily in dividend-paying common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. Generally, Islamic principles require that investors share in profit and loss, that they receive no usury or interest, and that they do not invest in a business that is prohibited by Islamic principles. To the extent prohibited by Islamic investment principles the Income Fund does not invest in issuers whose business involves alcoholic beverages, pornography, insurance, gambling, pork products, and interest-based banks or finance associations.
The Income Fund does not make any investments not permitted under Islamic principles, including those that pay interest. Islamic principles discourage speculation. The Fund tends to hold investments for several years.
The Income Fund diversifies its investments across industries and companies, and principally follows a large-cap value investment style. Common stock purchases are restricted to dividend-paying companies. The Fund seeks companies demonstrating both Islamic and sustainable characteristics.
The Fund’s adviser (Saturna Capital Corporation) considers issuers with sustainable characteristics to be those issuers that are more established, consistently profitable, and financially strong, with robust policies in the areas of the environment, social responsibility, and corporate governance (collectively referred to herein as “Sustainability”). The Fund’s adviser employs a sustainable rating system based on its own, as well as third-party, data to identify issuers believed to present low Sustainability risk. The Fund’s adviser also uses negative screening to exclude security issuers primarily engaged in higher Sustainability risk businesses such as alcohol, tobacco, pornography, weapons, gambling, and fossil fuel extraction.
It is the policy of the Income Fund, under normal circumstances, to invest at least 80% of its total net assets in income-producing securities, primarily dividend-paying common stocks.
Period | AMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.4% | 2.9% | 33.8% | 83.95% |
1 Yr | 22.4% | 6.9% | 58.8% | 93.61% |
3 Yr | 7.6%* | -12.3% | 14.7% | 46.56% |
5 Yr | 11.9%* | -8.4% | 109.3% | 77.57% |
10 Yr | 10.0%* | -0.4% | 52.2% | 83.45% |
* Annualized
Period | AMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.8% | -42.6% | 47.4% | 87.61% |
2022 | -15.5% | -56.3% | -4.2% | 11.24% |
2021 | 17.0% | -27.2% | 537.8% | 49.67% |
2020 | 6.8% | -22.5% | 2181.7% | 77.42% |
2019 | 16.0% | -13.5% | 40.4% | 86.30% |
Period | AMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.4% | 2.9% | 33.8% | 83.95% |
1 Yr | 22.4% | 6.9% | 58.8% | 93.61% |
3 Yr | 7.6%* | -12.3% | 14.7% | 46.56% |
5 Yr | 11.9%* | -8.4% | 109.3% | 77.57% |
10 Yr | 10.0%* | -0.4% | 52.2% | 83.45% |
* Annualized
Period | AMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.5% | -5.0% | 47.4% | 91.85% |
2022 | -8.7% | -36.8% | -2.2% | 6.73% |
2021 | 22.5% | 3.0% | 537.8% | 87.33% |
2020 | 13.9% | -15.8% | 2266.0% | 69.81% |
2019 | 25.3% | -0.4% | 241.3% | 86.66% |
AMANX | Category Low | Category High | AMANX % Rank | |
---|---|---|---|---|
Net Assets | 1.99 B | 2.34 M | 1.55 T | 43.46% |
Number of Holdings | 33 | 2 | 3963 | 92.53% |
Net Assets in Top 10 | 1.05 B | 1.07 M | 517 B | 38.67% |
Weighting of Top 10 | 52.78% | 0.3% | 112.9% | 6.61% |
Weighting | Return Low | Return High | AMANX % Rank | |
---|---|---|---|---|
Stocks | 92.89% | 0.00% | 105.85% | 95.61% |
Cash | 7.11% | 0.00% | 99.07% | 3.41% |
Preferred Stocks | 0.00% | 0.00% | 2.53% | 10.89% |
Other | 0.00% | -13.91% | 100.00% | 37.53% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 5.87% |
Bonds | 0.00% | 0.00% | 94.06% | 13.24% |
Weighting | Return Low | Return High | AMANX % Rank | |
---|---|---|---|---|
Healthcare | 31.85% | 0.00% | 52.29% | 0.25% |
Industrials | 22.95% | 0.00% | 29.90% | 1.74% |
Technology | 20.92% | 0.00% | 48.94% | 70.64% |
Consumer Defense | 10.94% | 0.00% | 47.71% | 8.52% |
Basic Materials | 8.25% | 0.00% | 25.70% | 3.72% |
Consumer Cyclical | 3.68% | 0.00% | 30.33% | 96.53% |
Communication Services | 1.42% | 0.00% | 27.94% | 96.11% |
Utilities | 0.00% | 0.00% | 20.91% | 85.11% |
Real Estate | 0.00% | 0.00% | 31.91% | 86.68% |
Financial Services | 0.00% | 0.00% | 55.59% | 99.75% |
Energy | 0.00% | 0.00% | 41.64% | 85.77% |
Weighting | Return Low | Return High | AMANX % Rank | |
---|---|---|---|---|
US | 90.84% | 0.00% | 105.85% | 89.20% |
Non US | 2.05% | 0.00% | 64.54% | 13.57% |
AMANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.01% | 0.01% | 19.75% | 33.85% |
Management Fee | 0.75% | 0.00% | 1.90% | 85.63% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 29.18% |
Administrative Fee | 0.85% | 0.00% | 0.85% | 99.73% |
AMANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
AMANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
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 | 5.00% | 0.00% | 268.00% | 11.44% |
AMANX | Category Low | Category High | AMANX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.78% | 0.00% | 25.47% | 18.32% |
AMANX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Quarterly |
AMANX | Category Low | Category High | AMANX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.03% | -54.00% | 2.44% | 31.04% |
AMANX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.240 | OrdinaryDividend |
Dec 21, 2023 | $2.610 | CapitalGainLongTerm |
May 18, 2023 | $0.300 | OrdinaryDividend |
Dec 15, 2022 | $4.225 | OrdinaryDividend |
May 26, 2022 | $0.310 | OrdinaryDividend |
Dec 16, 2021 | $2.833 | OrdinaryDividend |
May 27, 2021 | $0.240 | OrdinaryDividend |
Dec 17, 2020 | $3.376 | OrdinaryDividend |
May 28, 2020 | $0.310 | OrdinaryDividend |
Dec 19, 2019 | $0.345 | OrdinaryDividend |
Dec 19, 2019 | $3.468 | CapitalGainLongTerm |
May 31, 2019 | $0.310 | OrdinaryDividend |
Dec 27, 2018 | $0.314 | OrdinaryDividend |
Dec 27, 2018 | $2.376 | CapitalGainLongTerm |
May 31, 2018 | $0.290 | OrdinaryDividend |
Dec 29, 2017 | $0.282 | OrdinaryDividend |
Dec 29, 2017 | $2.409 | CapitalGainLongTerm |
May 31, 2017 | $0.250 | OrdinaryDividend |
Dec 30, 2016 | $0.331 | OrdinaryDividend |
Dec 30, 2016 | $1.227 | CapitalGainLongTerm |
May 31, 2016 | $0.290 | OrdinaryDividend |
Dec 31, 2015 | $0.358 | OrdinaryDividend |
Dec 31, 2015 | $2.253 | CapitalGainLongTerm |
May 29, 2015 | $0.306 | OrdinaryDividend |
Dec 31, 2014 | $0.297 | OrdinaryDividend |
Dec 31, 2014 | $0.003 | CapitalGainShortTerm |
Dec 31, 2014 | $0.406 | CapitalGainLongTerm |
May 30, 2014 | $0.402 | OrdinaryDividend |
Dec 31, 2013 | $0.332 | OrdinaryDividend |
May 31, 2013 | $0.276 | OrdinaryDividend |
Dec 31, 2012 | $0.300 | OrdinaryDividend |
Dec 31, 2012 | $0.012 | CapitalGainShortTerm |
May 31, 2012 | $0.240 | OrdinaryDividend |
Dec 30, 2011 | $0.253 | OrdinaryDividend |
Dec 30, 2011 | $0.165 | CapitalGainLongTerm |
May 31, 2011 | $0.240 | OrdinaryDividend |
Dec 31, 2010 | $0.200 | OrdinaryDividend |
May 28, 2010 | $0.182 | OrdinaryDividend |
Dec 31, 2009 | $0.163 | OrdinaryDividend |
May 29, 2009 | $0.160 | OrdinaryDividend |
Dec 31, 2008 | $0.118 | OrdinaryDividend |
Dec 31, 2008 | $0.007 | CapitalGainLongTerm |
May 30, 2008 | $0.095 | OrdinaryDividend |
Dec 31, 2007 | $0.084 | OrdinaryDividend |
Dec 31, 2007 | $0.430 | CapitalGainLongTerm |
May 31, 2007 | $0.119 | OrdinaryDividend |
May 31, 2007 | $0.030 | CapitalGainLongTerm |
Dec 29, 2006 | $0.078 | OrdinaryDividend |
Dec 29, 2006 | $0.377 | CapitalGainLongTerm |
May 31, 2006 | $0.116 | OrdinaryDividend |
May 31, 2005 | $0.114 | OrdinaryDividend |
Dec 31, 2004 | $0.122 | OrdinaryDividend |
May 28, 2004 | $0.120 | OrdinaryDividend |
Dec 31, 2003 | $0.163 | OrdinaryDividend |
May 30, 2003 | $0.099 | OrdinaryDividend |
Dec 31, 2002 | $0.098 | OrdinaryDividend |
May 31, 2002 | $0.081 | OrdinaryDividend |
Dec 31, 2001 | $0.070 | OrdinaryDividend |
May 31, 2001 | $0.170 | OrdinaryDividend |
Jun 01, 2000 | $1.773 | OrdinaryDividend |
Jan 03, 2000 | $0.113 | OrdinaryDividend |
Jan 03, 2000 | $0.634 | CapitalGainLongTerm |
Jun 01, 1999 | $0.171 | OrdinaryDividend |
Jan 04, 1999 | $0.123 | OrdinaryDividend |
Dec 31, 1998 | $0.439 | CapitalGainLongTerm |
Jun 01, 1998 | $0.079 | OrdinaryDividend |
Dec 31, 1997 | $0.140 | OrdinaryDividend |
Dec 31, 1997 | $0.466 | CapitalGainLongTerm |
May 30, 1997 | $0.190 | OrdinaryDividend |
Dec 31, 1996 | $0.234 | OrdinaryDividend |
Dec 31, 1996 | $0.140 | CapitalGainLongTerm |
May 31, 1996 | $0.150 | OrdinaryDividend |
Dec 29, 1995 | $0.264 | OrdinaryDividend |
May 31, 1995 | $0.230 | OrdinaryDividend |
Dec 30, 1994 | $0.217 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Sep 14, 2012
9.72
9.7%
Mr. Klimo is vice president and chief investment officer of Saturna Capital and a deputy portfolio manager of Amana Income and Amana Developing World Funds. He joined Saturna Capital in 2012 as director of research. 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.From 2001 to 2011, he served as a senior investment analyst, research director, and portfolio manager at Avera Global Partners/Security Global Investors.
Start Date
Tenure
Tenure Rank
Jul 31, 2018
3.84
3.8%
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.
Start Date
Tenure
Tenure Rank
Apr 30, 2020
2.08
2.1%
Mr. Bryce Fegley, CFA, joined Saturna Capital in 2001 and was appointed co-portfolio manager for the Global High Income Fund in 2012. From 2001 to 2009, he was Brokerage Operations Manager for Saturna Brokerage Services. From 2009 to 2012 he was President of Saturna Sdn. Bhd., a wholly-owned Malaysian subsidiary of Saturna Capital.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.24 | 2.42 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...