AMIPX : Amana Participation Fund Institutional Shares

AMIPX is a Bond Market High Yield Bond with MODERATE fees.

AMIPX

Amana Participation Fund Institutional Shares

FI Score

40 /100

Expense Ratio Rating

8 /10

Expense Rating

4 /10

Market Score

3 /10

Category Score

0 /10

Market Size

3 /10

40% FI Score
  • amipx
  • Mutual Fund
  • Bond
  • High Yield Bond

Amana Participation Fund Institutional Shares

Expenses: 0.63% (Better than 1% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks capital preservation and current income, consistent with Islamic principles; capital preservation is its primary objective. Under normal conditions, the fund invests at least 80% of its total net assets in short and intermediate-term Islamic income-producing investments. It invests at least 65% of its assets in securities rated within the four highest grades (Aaa, Aa, A, Baa) by a nationally-recognized rating agency and may invest up to 35% in unrated and high-yield notes and certificates, which may be considered equivalent to "junk bonds". The fund is non-diversified.

Largest Holdings

Amount Holding
5.10% Soq Sukuk A Q.S.C 3.24%
4.85% Icd Sukuk Co 5%
4.80% Perusahaan Penerbit SBSN Indonesia III 4.55%
4.78% Perusahaan Penerbit SBSN Indonesia III 4.45%
4.71% Almarai Co 4.31%
4.64% Tnb Global Venture 3.24%
4.60% EI Sukuk Company Limited 3.54
4.55% Difc Sukuk 4.32%
4.42% EQUATE Sukuk SPC Limited 3.944%
3.95% Dp World Crescent Ltd Tr Ctf 3.91%
3.70% KSA Sukuk Limited 3.63%
3.56% Perusahaan Penerbit SBSN Indonesia III 3.75%
3.54% Sharjah Sukuk Prog 3.85%
3.21% Stc Sukuk Company Limited 3.89%
3.16% Maf Sukuk 4.64%
2.92% Dubai Dof Sukuk 3.88%
2.84% Maf Sukuk 4.5%
2.77% Idb Sukuk
2.59% Sib Sukuk Co Iii 3.08%
2.24% Qib Sukuk Ltd. 3.98%
1.65% Axiata Spv2 Berhad 4.36%
1.54% RAK CAPITAL 3.09%
1.37% Saudi Electricity Global Sukuk Company 3 4%
1.34% Saudi Elec Gbl Suk 4.21%
1.32% Emg Sukuk 4.56%

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