# EDGAR Filing Document

**Accession Number:** 0000811860
**File Stem:** 0001193125-26-023993
**Filing Date:** 2026-1
**Character Count:** 13262
**Document Hash:** 58c7e29f011cf31e5193ac5d5907c8ef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-023993.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001193125-26-023993

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SATURNA INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000811860

**ORGANIZATION NAME:**
- **EIN:** 356447892
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05071
- **FILM NUMBER:** 26564030

**BUSINESS ADDRESS:**
- **STREET 1:** 1300 NORTH STATE STREET
- **CITY:** BELLINGHAM
- **STATE:** WA
- **ZIP:** 98225-4730
- **BUSINESS PHONE:** 360-734-9900

**MAIL ADDRESS:**
- **STREET 1:** 1300 NORTH STATE STREET
- **CITY:** BELLINGHAM
- **STATE:** WA
- **ZIP:** 98225-4730

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NORTHWEST INVESTORS TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NORTHWEST INVESTORS TAX EXEMPT BUSINESS TRUST
- **DATE OF NAME CHANGE:** 19901024

## Series and Classes Contracts Data

### Saturna International Fund (Series ID: S000022509)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000065110 | Saturna International Fund Investor Shares | SSIFX           |
| C000188908 | Saturna International Fund Z Shares        | SIFZX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** SATURNA INVESTMENT TRUST

- **b. Investment Company Act file number:** 811-05071

- **c. CIK number of Registrant:** 0000811860

- **d. LEI of Registrant:** 549300DUR2XVDJBC5412

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1300 NORTH STATE STREET

  - **City:** BELLINGHAM

  - **State:** WA

  - **Foreign country:** US

  - **Zip / Postal Code:** 982254730

  - **Telephone number:** 3607349900

**Item A.2. Information about the Series.**

- **a. Name of Series:** Saturna International Fund

- **b. EDGAR series identifier (if any):** S000022509

- **c. LEI of Series:** 549300IR48BXZNTIMJ91

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $81017027.56

**Total Liabilities:** $72817.94

**Net Assets:** $80944209.62

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000065110 | 6.70%                | 4.61%                | -3.45%               |
| Class ID C000188908 | 6.74%                | 4.62%                | -3.42%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1490270.72              | $3437358.16                                |
| Month 2  | $3702382.79              | $-12196.29                                 |
| Month 3  | $912948.78               | $-3747322.75                               |

### Schedule of Portfolio Investments

| Name                        | Title                       | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WOLTERS KLUWER              | WOLTERS KLUWER              | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | NL        |     22977 | NS      | $2437442.65   | 3.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML HOLDING-NY             | ASML HOLDING-NY             | CUSIP: N07059210<br>LEI: N/A | Long             | EC               | CORP              | NL        |      5225 | NS      | $5538500.00   | 6.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR PRODS & CHEM            | AIR PRODS & CHEM            | CUSIP: 009158106<br>LEI: N/A | Long             | EC               | CORP              | US        |      4500 | NS      | $1174725.00   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| RIO TINTO                   | RIO TINTO                   | CUSIP: 767204100<br>LEI: N/A | Long             | EC               | CORP              | GB        |     25825 | NS      | $1858108.75   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON CONTROLS            | JOHNSON CONTROLS            | CUSIP: G51502105<br>LEI: N/A | Long             | EC               | CORP              | US        |     26450 | NS      | $3076399.50   | 3.80%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVO-NORDISK                | NOVO-NORDISK                | CUSIP: 670100205<br>LEI: N/A | Long             | EC               | CORP              | DK        |      7700 | NS      | $379995.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DASSAULT SYS-ADR            | DASSAULT SYS-ADR            | CUSIP: 237545108<br>LEI: N/A | Long             | EC               | CORP              | FR        |     92115 | NS      | $2567245.05   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NICE LTD -SP ADR            | NICE LTD -SP ADR            | CUSIP: 653656108<br>LEI: N/A | Long             | EC               | CORP              | IL        |     17945 | NS      | $1903426.15   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE-SPONS ADR            | SAP SE-SPONS ADR            | CUSIP: 803054204<br>LEI: N/A | Long             | EC               | CORP              | DE        |     15205 | NS      | $3675808.75   | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMIC-ADR            | TAIWAN SEMIC-ADR            | CUSIP: 874039100<br>LEI: N/A | Long             | EC               | CORP              | TW        |     23320 | NS      | $6798013.20   | 8.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ALCON INC                   | ALCON INC                   | CUSIP: H01301128<br>LEI: N/A | Long             | EC               | CORP              | CH        |      3045 | NS      | $241498.95    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hermes International SCA    | Hermes International SCA    | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | FR        |       510 | NS      | $1244790.72   | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Schneider Electric          | Schneider Electric          | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | FR        |      8615 | NS      | $2318746.06   | 2.86%             |  |  |  | No            |                  2 | On Loan: No      |
| DANONE                      | DANONE                      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | FR        |     15000 | NS      | $1341138.96   | 1.66%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca PLC             | AstraZeneca PLC             | CUSIP: 046353108<br>LEI: N/A | Long             | EC               | CORP              | GB        |      9000 | NS      | $834480.00    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSA ABLOY AB-B             | ASSA ABLOY AB-B             | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | SE        |     44700 | NS      | $1701814.96   | 2.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Eaton Corp PLC              | Eaton Corp PLC              | CUSIP: G29183103<br>LEI: N/A | Long             | EC               | CORP              | US        |      5590 | NS      | $1933525.10   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson                    | Ferguson                    | CUSIP: 31488V107<br>LEI: N/A | Long             | EC               | CORP              | US        |     14560 | NS      | $3664315.20   | 4.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Fuji Electric Co., Ltd      | Fuji Electric Co., Ltd      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | JP        |     29400 | NS      | $2054487.11   | 2.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Prysmian SPA                | Prysmian SPA                | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | IT        |     19100 | NS      | $1917236.23   | 2.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortinet Inc.               | Fortinet Inc.               | CUSIP: 34959E109<br>LEI: N/A | Long             | EC               | CORP              | US        |     18220 | NS      | $1478188.60   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH                         | CRH                         | CUSIP: G25508105<br>LEI: N/A | Long             | EC               | CORP              | US        |     15000 | NS      | $1799400.00   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujikura Ltd                | Fujikura Ltd                | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | JP        |     56100 | NS      | $6498801.79   | 8.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Smith & Nephew PLC          | Smith & Nephew PLC          | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | US        |     99076 | NS      | $1647878.88   | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Komatsu Ltd                 | Komatsu Ltd                 | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | JP        |     83700 | NS      | $2752222.82   | 3.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Hexagon AB                  | Hexagon AB                  | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | SE        |    129200 | NS      | $1516376.60   | 1.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu                     | Fujitsu                     | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | JP        |     94000 | NS      | $2496411.68   | 3.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Altius Minerals Corporation | Altius Minerals Corporation | CUSIP: 020936951<br>LEI: N/A | Long             | EC               | CORP              | CA        |     31000 | NS      | $878013.53    | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| LINDE PLC                   | LINDE PLC                   | CUSIP: G54950103<br>LEI: N/A | Long             | EC               | CORP              | GB        |      3875 | NS      | $1589990.00   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Ltd                | Broadcom Ltd                | CUSIP: 11135F101<br>LEI: N/A | Long             | EC               | CORP              | US        |     20379 | NS      | $8211921.84   | 10.15%            |  |  |  | No            |                  1 | On Loan: No      |
| SANDOZ GROUP AG             | SANDOZ GROUP AG             | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | CH        |     22000 | NS      | $1556473.34   | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB Ltd                     | ABB Ltd                     | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | CH        |     26000 | NS      | $1871408.01   | 2.31%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

**Name of Applicant:** SATURNA INVESTMENT TRUST

**Signature:** Christopher Fankhauser

**Name of Signer:** Christopher Fankhauser

**Title:** Treasurer