Amana Growth Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Amana Growth Fund held 31 positions with $6.77B in net assets. Its ten largest holdings made up 60.7% of the fund. The AMAGX share class costs 0.86% a year. Over the 12 months to May 2026, AMAGX returned 36.4%, with dividends reinvested. In 2026 Q3 it added 6 new positions and exited 3.
Long-term capital growth, consistent with Islamic principles.
The fund invests primarily in common stocks selected for Islamic compliance and sustainable characteristics, using a proprietary scoring system that assesses environmental, social, and governance practices relative to industry and sector peers, while excluding companies in fossil fuel exploration, production, or refining and other sectors prohibited by Islamic principles. The fund holds at least 80% of assets in common stocks and invests up to 20% through a wholly-owned Cayman Islands subsidiary to gain exposure to murabaha and wakala investments, which are Islamic income-producing instruments structured around profit-sharing rather than interest payments. Because security selection depends on the adviser's sustainability assessments and Islamic screening, fund holdings will differ from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
AAPLAPPLE INC | 7.58% | $513.10M | 1.6M | $312.06 |
GOOGLALPHABET INC-A | 7.56% | $511.56M | 1.3M | $380.34 |
TSMTAIWAN SEMIC-ADR | 7.29% | $493.08M | 1.2M | $418.45 |
AVGOBroadcom Ltd | 7.27% | $492.22M | 1.1M | $446.77 |
ASML HOLDING-NY | 7.18% | $486.10M | 301.4K | $1,612.76 |
NVDANVIDIA | 6.55% | $443.39M | 2.1M | $211.14 |
MSFTMICROSOFT CORP | 4.89% | $330.93M | 735.0K | $450.24 |
4.63% | $313.57M | 283.8K | $1,105.00 | |
3.96% | $268.12M | 2.0M | $134.06 | |
3.81% | $258.05M | 500.0K | $516.10 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
All 31 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 96.21% |
By sector
- Information Technology
- 39.2%
- International
- 24.0%
- Industrials
- 10.2%
- Health Care
- 10.0%
- 5 other sectors
- 16.5%
- Information Technology
- 39.2%
- International
- 24.0%
- Industrials
- 10.2%
- Health Care
- 10.0%
- Communication Services
- 6.6%
- Consumer Discretionary
- 5.2%
- Consumer Staples
- 2.0%
- Other
- 1.4%
- Materials
- 1.4%
How it has done
AMAGX share class · total returns with dividends reinvested
Volatility over the last 12 months: 16.96%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 and Aug 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.86% | +36.40% | +80.79% | +91.92% | -9.93% | |
| 0.61% | +36.70% | +82.03% | +94.16% | -9.84% |
These classes hold the same portfolio, so the 2.23pp spread over 5 years is the cost difference between them — roughly 0.45pp a year — not a difference in what they own.
Fees & fund details
Amana Growth Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.61% – 0.86%· AMAGX 0.86%
- Portfolio turnover
- 3.50% a year · as of 2025 Q3
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
6 new
3 exited
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — AMAGX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”