Amana Mutual Funds Trust Income Fund (AMANX)
Amana Mutual Funds Trust Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Bellingham, WA, US. The stock last traded at $78.98, up 0.64% on the session, giving a market capitalisation of $2.38B. Its beta of 0.81 implies it has historically moved less than the broad market.
This fund primarily aims to generate income for its investors. It typically allocates a substantial majority—at least 80% of its total net assets—to holdings designed to produce revenue, chiefly common stocks that pay dividends. This strategy extends globally, encompassing dividend-yielding common stocks from international markets. All investment decisions are meticulously guided by Islamic principles. To mitigate risk, the fund maintains a broad portfolio, diversifying its investments across various industries and companies, and generally pursues a large-capitalization value investment approach.
Amana Mutual Funds Trust Income Fund is most often compared with the following Financial Services names: