Amana Mutual Funds Trust Income Fund (AMANX) NASDAQ
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Address
1300 North State St
Bellingham, WA 98225
United States of America (the)
Phone
3605949900
Sector
Financial Services
Industry
Asset Management - Income
Employees
N/A
First IPO Date
June 23, 1986
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.