# EDGAR Filing Document

**Accession Number:** 0000766285
**File Stem:** 0001145549-25-049931
**Filing Date:** 2025-7
**Character Count:** 15666
**Document Hash:** 105fadd9d49b2f0e7fb34982919e1bde
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-049931.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001145549-25-049931

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**PERIOD START**: 20250531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMANA MUTUAL FUNDS TRUST
- **CENTRAL INDEX KEY:** 0000766285

**ORGANIZATION NAME:**
- **EIN:** 356447892
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04276
- **FILM NUMBER:** 251165107

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

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

## Series and Classes Contracts Data

### Amana Developing World Fund (Series ID: S000026568)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000079787 | Amana Developing World Fund Investor Shares      | AMDWX           |
| C000131515 | Amana Developing World Fund Institutional Shares | AMIDX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Amana Mutual Funds Trust

- **b. Investment Company Act file number:** 811-04276

- **c. CIK number of Registrant:** 0000766285

- **d. LEI of Registrant:** 549300XBCMMU088YXT31

- **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:** Amana Developing World Fund

- **b. EDGAR series identifier (if any):** S000026568

- **c. LEI of Series:** 549300KIS1TDJBZ0X078

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

- **a. Date of fiscal year-end:** 2025-05-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $135200764.08

**Total Liabilities:** $176375.29

**Net Assets:** $135024388.79

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000079787 | -1.70%               | 1.26%                | 1.40%                |
| Class ID C000131515 | -1.62%               | 1.25%                | 1.39%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1334999.03             | $-1249181.13                               |
| Month 2  | $41695.08                | $1552805.56                                |
| Month 3  | $6762266.64              | $-5135700.09                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Clicks Group                        | Clicks Group                        | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | ZA        |    192000 | NS      | $4131139.19   | 3.06%             |  |  |  | No            |                  2 | On Loan: No      |
| UltraTech Cement Ltd.               | UltraTech Cement Ltd.               | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | IN        |     31000 | NS      | $4066939.09   | 3.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Hikma Pharmaceuticals               | Hikma Pharmaceuticals               | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | JO        |    137400 | NS      | $3969627.66   | 2.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics                   | Delta Electronics                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TW        |    320000 | NS      | $3932285.44   | 2.91%             |  |  |  | No            |                  2 | On Loan: No      |
| BIM Birlesik Magazalar A.S.         | BIM Birlesik Magazalar A.S.         | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TR        |    320000 | NS      | $3884083.20   | 2.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Weg S/A                             | Weg S/A                             | CUSIP: ID1632408<br>LEI: N/A | Long             | EC               | CORP              | BR        |    500000 | NS      | $3710988.48   | 2.75%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NY                     | ASML Holding NY                     | CUSIP: N07059210<br>LEI: N/A | Long             | EC               | CORP              | US        |      5000 | NS      | $3683850.00   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper                     | Southern Copper                     | CUSIP: 84265V105<br>LEI: N/A | Long             | EC               | CORP              | PE        |     39502 | NS      | $3591126.82   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualcomm                            | Qualcomm                            | CUSIP: 747525103<br>LEI: N/A | Long             | EC               | CORP              | US        |     24500 | NS      | $3557400.00   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys ADS                         | Infosys ADS                         | CUSIP: 456788108<br>LEI: N/A | Long             | EC               | CORP              | US        |    190000 | NS      | $3456100.00   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Mining Corporation          | Barrick Mining Corporation          | CUSIP: 06849F108<br>LEI: N/A | Long             | EC               | CORP              | CA        |    175000 | NS      | $3353000.00   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Telecom                       | Saudi Telecom                       | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | SA        |    300000 | NS      | $3347485.48   | 2.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Advantech                           | Advantech                           | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TW        |    295931 | NS      | $3330810.82   | 2.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Kimberly-Clark de Mexico, Class A   | Kimberly-Clark de Mexico, Class A   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MX        |   1800000 | NS      | $3210971.35   | 2.38%             |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA                              | NVIDIA                              | CUSIP: 67066G104<br>LEI: N/A | Long             | EC               | CORP              | US        |     23000 | NS      | $3107990.00   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| KPJ Healthcare                      | KPJ Healthcare                      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MY        |   4825992 | NS      | $3080748.22   | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto ADS                       | Rio Tinto ADS                       | CUSIP: 767204100<br>LEI: N/A | Long             | EC               | CORP              | GB        |     50000 | NS      | $2971500.00   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| IHH Healthcare                      | IHH Healthcare                      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MY        |   1764000 | NS      | $2857748.80   | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Dabur India Ltd.                    | Dabur India Ltd.                    | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | IN        |    500000 | NS      | $2824446.99   | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Ford Otomotiv Sanayi                | Ford Otomotiv Sanayi                | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TR        |   1096000 | NS      | $2242629.70   | 1.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Sercomm                             | Sercomm                             | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TW        |    669000 | NS      | $2148256.00   | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Quimica y Minera Chile ADS          | Quimica y Minera Chile ADS          | CUSIP: 833635105<br>LEI: N/A | Long             | EC               | CORP              | US        |     70000 | NS      | $2130100.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Indofood CBP Sukses Makmur          | Indofood CBP Sukses Makmur          | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | ID        |   2500000 | NS      | $1670642.50   | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Household & Health Care          | LG Household & Health Care          | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | KR        |      6050 | NS      | $1426457.26   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Telekomunikasi Indonesia ADS        | Telekomunikasi Indonesia ADS        | CUSIP: 715684106<br>LEI: N/A | Long             | EC               | CORP              | US        |     83000 | NS      | $1423450.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Syarikat Takaful Malaysia Keluarga  | Syarikat Takaful Malaysia Keluarga  | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MY        |   1500000 | NS      | $1268830.52   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Hartalega Holdings                  | Hartalega Holdings                  | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MY        |   2750000 | NS      | $1214487.62   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| SM Prime Holdings                   | SM Prime Holdings                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | PH        |   2800000 | NS      | $1131311.96   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung SDI Co.                     | Samsung SDI Co.                     | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | KR        |      7900 | NS      | $965910.56    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Islam Malaysia Bhd             | Bank Islam Malaysia Bhd             | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MY        |   1476100 | NS      | $805005.61    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Wilcon Depot                        | Wilcon Depot                        | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | PH        |   5550000 | NS      | $612486.86    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor ADS            | Taiwan Semiconductor ADS            | CUSIP: 874039100<br>LEI: N/A | Long             | EC               | CORP              | US        |     27200 | NS      | $5258304.00   | 3.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                           | Jabil Inc                           | CUSIP: 466313103<br>LEI: N/A | Long             | EC               | CORP              | US        |     28600 | NS      | $4805086.00   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Manila Electric                     | Manila Electric                     | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | PH        |    428500 | NS      | $4221845.10   | 3.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever ADS                        | Unilever ADS                        | CUSIP: 904767704<br>LEI: N/A | Long             | EC               | CORP              | GB        |     65000 | NS      | $4149600.00   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems            | Monolithic Power Systems            | CUSIP: 609839105<br>LEI: N/A | Long             | EC               | CORP              | US        |      4000 | NS      | $2647600.00   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Bangkok Dusit Medical Services NVDR | Bangkok Dusit Medical Services NVDR | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TH        |   3923000 | NS      | $2565437.89   | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics                 | Samsung Electronics                 | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | KR        |     62700 | NS      | $2544221.77   | 1.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicharm                            | Unicharm                            | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | JP        |    287400 | NS      | $2279791.90   | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-26

**Name of Applicant:** Amana Mutual Funds Trust

**Signature:** Christopher Fankhauser

**Name of Signer:** Christopher Fankhauser

**Title:** Treasurer