Morningstar

Amana Mutual Funds Trust Growth Fund Institutional AMIGX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Amana Investment Hub
  • NAV / 1-Day Return $110.02  /  −0.15 %
  • Fund Size $6.8B
  • Adjusted Expense Ratio 0.610%
  • Net Expense Ratio 0.600%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category Large Growth
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $100,000
  • Investment Status Open
  • TTM Yield 0.16%
  • Turnover Ratio 12%
NAV and 1-Day Return as of

Morningstar’s Analysis AMIGX

Will AMIGX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AMIGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AMIGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AMIGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Amana Growth and Amana Income Shore Up Their Management Teams; Ratings Unchanged

null Tony Thomas

Tony Thomas

Analyst Note

Following the March 2026 departure of deputy portfolio manager Dan Kim, Amana Growth and Amana Income are adding some in-house resources to their management teams. The strategies needed these appointments given manager Scott Klimo's pending retirement, though established manager Monem Salam (lead manager of Amana Income and a deputy on Amana Growth) is the key to longer-term continuity on both strategies. The strategies retain their Average People and Process ratings, as well as their overall Morningstar Medalist Ratings.

by Tony Thomas
Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings AMIGX

More AMIGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 57.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Apple Inc

7.84 517M
Technology

NVIDIA Corp

7.03 464M
Technology

Taiwan Semiconductor Manufacturing Co Ltd ADR

6.96 459M
Technology

Alphabet Inc Class A

6.50 429M
Communication Services

ASML Holding NV ADR

6.11 403M
Technology

Broadcom Inc

6.11 403M
Technology

Microsoft Corp

5.65 373M
Technology

Eli Lilly and Co

4.40 291M
Healthcare

ServiceNow Inc

3.60 238M
Technology

Advanced Micro Devices Inc

3.51 231M
Technology

Sponsor Center