The upcoming departure of Amana Income’s longtime lead manager drops its People Pillar rating to Average, but its Process remains Above Average. The fund’s Institutional shares earn a Morningstar Analyst Rating of Bronze, while the more-expensive Investor shares are rated Neutral.
Will AMANX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AMANX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AMANX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of AMANX’s parent organization’s priorities and whether they’re in line with investors’ interests.