# EDGAR Filing Document

**Accession Number:** 0000766285
**File Stem:** 0001193125-26-190482
**Filing Date:** 2026-4
**Character Count:** 22352
**Document Hash:** 422f966e965f9db14eb379165aeb3ef1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-190482.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001193125-26-190482

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**PERIOD START**: 20260531

**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:** 26913049

**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 Participation Fund (Series ID: S000050991)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000160666 | Amana Participation Fund Investor Shares      | AMAPX           |
| C000160667 | Amana Participation Fund Institutional Shares | AMIPX           |

## 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 Participation Fund

- **b. EDGAR series identifier (if any):** S000050991

- **c. LEI of Series:** 549300I3KR1UNQ0LEQ66

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $304883159.77

**Total Liabilities:** $5071366.35

**Net Assets:** $299811793.42

**Amount of Assets Invested in Other Investment Companies:** $64821241.46

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 42.434029797949 | **1-Year:** 11819.942134619658 | **5-Year:** 33189.852960790389 | **10-Year:** 9509.988580471131 | **30-Year:** 5826.963957212129

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 2613.199152719245 | **5-Year:** 1409.019574671165 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000160666 | 0.34%                | 0.24%                | 0.62%                |
| Class ID C000160667 | 0.36%                | 0.16%                | 0.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7461.92                 | $950233.56                                 |
| Month 2  | $0.00                    | $-1330040.92                               |
| Month 3  | $-4695.22                | $1605006.76                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TNB Global Ventures Capital Berhad                       | TNBMK 3.244 10/19/26 EMTN   | CUSIP: Y8850AAA2<br>LEI: 5493004U8XEGPFWIBZ14 | Long             | DBT              | CORP              | MY        |   1140000 | PA      | $1134821.32   | 0.38%             | 2026-10-19      | Fixed         | 3.24%                 | Yes           |                  2 | On Loan: No      |
| MAF Sukuk Ltd.                                           | MAFUAE 4.638 05/14/29       | CUSIP: G5765UAC4<br>LEI: 549300IS9H0W5N2N4K34 | Long             | DBT              | CORP              | KY        |   6650000 | PA      | $6682585.00   | 2.23%             | 2029-05-14      | Fixed         | 4.64%                 | Yes           |                  2 | On Loan: No      |
| Sharjah Sukuk Programme Limited                          | SHARSK 3.854 04/03/26 EMTN  | CUSIP: G8110JAD3<br>LEI: N/A                  | Long             | DBT              | NUSS              | KY        |   1200000 | PA      | $1199216.71   | 0.40%             | 2026-04-03      | Fixed         | 3.85%                 | Yes           |                  2 | On Loan: No      |
| STC Sukuk Co Ltd.                                        | STCAB 3.89 05/13/29 REGS    | CUSIP: G7734TAB3<br>LEI: 549300XDIYY7XEYHTO45 | Long             | DBT              | CORP              | KY        |   5000000 | PA      | $4951211.50   | 1.65%             | 2029-05-13      | Fixed         | 3.89%                 | Yes           |                  2 | On Loan: No      |
| Perusahaan Penerbit Surat Berharga Syariah Indonesia III | INDOIS 4.45 02/20/29 REGS   | CUSIP: 71567RAM8<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |   3050000 | PA      | $3076687.50   | 1.03%             | 2029-02-20      | Fixed         | 4.45%                 | Yes           |                  2 | On Loan: No      |
| KSA Sukuk Limited                                        | KSA 4.303 01/19/29 REGS     | CUSIP: G5321UAE7<br>LEI: 635400XBJFPNCGN9CK71 | Long             | DBT              | NUSS              | KY        |   1200000 | PA      | $1205954.40   | 0.40%             | 2029-01-19      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Oman Sovereign Sukuk S.A.O.C                             | OMANGS 4.875 06/15/30 REGS  | CUSIP: M7S2D9AF0<br>LEI: 549300KM6RUZQLK8LU36 | Long             | DBT              | NUSS              | OM        |   5150000 | PA      | $5248718.19   | 1.75%             | 2030-06-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Axiata SPV2 Berhad                                       | AXIATA 2.163 08/19/30 EMTN  | CUSIP: Y0488DAD7<br>LEI: 254900P49KQFQ10AF282 | Long             | DBT              | CORP              | MY        |   6000000 | PA      | $5519726.04   | 1.84%             | 2030-08-19      | Fixed         | 2.16%                 | Yes           |                  2 | On Loan: No      |
| Emaar Sukuk Limited                                      | EMAAR 3.7 07/06/31 EMTN     | CUSIP: G3115SAE7<br>LEI: 549300NZHOOO6634T541 | Long             | DBT              | CORP              | KY        |   6000000 | PA      | $5859828.00   | 1.95%             | 2031-07-06      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| Saudi Energy Co.                                         | SECO 5.5 04/08/44 REGS      | CUSIP: G781A6AD5<br>LEI: 549300BJ6IA5S2UFVN71 | Long             | DBT              | NUSS              | SA        |   2400000 | PA      | $2414239.20   | 0.81%             | 2044-04-08      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Perusahaan Penerbit Surat Berharga Syariah Indonesia III | INDOIS 3.55 06/09/51 REGS   | CUSIP: 71567RAT3<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |   4280000 | PA      | $3086950.00   | 1.03%             | 2051-06-09      | Fixed         | 3.55%                 | Yes           |                  2 | On Loan: No      |
| TNB Global Ventures Capital Berhad                       | TNBMK 4.851 11/01/28        | CUSIP: Y8850AAB0<br>LEI: 5493004U8XEGPFWIBZ14 | Long             | DBT              | CORP              | MY        |   6300000 | PA      | $6439496.30   | 2.15%             | 2028-11-01      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| SA Global Sukuk Ltd.                                     | ARAMCO 2.694 06/17/31 REGS  | CUSIP: G7777XAB2<br>LEI: 5493007DFAVKU7UOGR47 | Long             | DBT              | CORP              | KY        |   7500000 | PA      | $6895050.00   | 2.30%             | 2031-06-17      | Fixed         | 2.69%                 | Yes           |                  2 | On Loan: No      |
| Aldar Investment Properties                              | ALDAR 3.875 10/22/29        | CUSIP: G0222QAA5<br>LEI: 54930010JDA2VE3MB531 | Long             | DBT              | CORP              | KY        |   6000000 | PA      | $5888429.16   | 1.96%             | 2029-10-22      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| DP World Crescent LTD                                    | DPWDU 3.7495 01/30/30 REGS  | CUSIP: G28288AD3<br>LEI: 21380096JRTWB8TL9236 | Long             | DBT              | CORP              | KY        |   5000000 | PA      | $4853349.95   | 1.62%             | 2030-01-30      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Boubyan Sukuk Ltd.                                       | BOUSUK 3.389 03/29/27 EMTN  | CUSIP: G077C1AB1<br>LEI: 549300T2HAD9JJ1YV324 | Long             | DBT              | CORP              | KY        |   4600000 | PA      | $4566466.32   | 1.52%             | 2027-03-29      | Fixed         | 3.39%                 | Yes           |                  2 | On Loan: No      |
| DIB Sukuk Co Ltd                                         | DIBUH 5.493 11/30/27        | CUSIP: G2802SAM9<br>LEI: 549300U3ZMUHC2JQLL56 | Long             | DBT              | CORP              | KY        |   5000000 | PA      | $5113960.00   | 1.71%             | 2027-11-30      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Saudi Electricity Sukuk Programme Co.                    | SECO 5.684 04/11/53         | CUSIP: G781ATAA1<br>LEI: 549300KZ4IZK3RMUO096 | Long             | DBT              | CORP              | KY        |   2500000 | PA      | $2512657.50   | 0.84%             | 2053-04-11      | Fixed         | 5.68%                 | Yes           |                  2 | On Loan: No      |
| Air Lease Corp. Sukuk Ltd.                               | AL 5.85 04/01/28 REGS       | CUSIP: G0136NAA7<br>LEI: 549300FDSPH65OVJVS35 | Long             | DBT              | CORP              | KY        |   7500000 | PA      | $7663949.34   | 2.56%             | 2028-04-01      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| Dar Al-Arkan Sukuk Company Ltd.                          | DARALA 8 02/25/29 EMTN      | CUSIP: G26588AF3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   7000000 | PA      | $7320635.00   | 2.44%             | 2029-02-25      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Maaden Sukuk Ltd.                                        | MAADEN 5.25 02/13/30 REGS   | CUSIP: M6779VAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | SA        |   4790000 | PA      | $4920244.32   | 1.64%             | 2030-02-13      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Maaden Sukuk Ltd.                                        | MAADEN 5.5 02/13/35 REGS    | CUSIP: M6779VAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | SA        |   1500000 | PA      | $1547236.77   | 0.52%             | 2035-02-13      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Alpha Star Holding IX Ltd.                               | DAMACR 7 08/26/28           | CUSIP: M085BFAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | AE        |   3500000 | PA      | $3593897.86   | 1.20%             | 2028-08-26      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| National Central Cooling Company PJSC (Tabreed)          | TABRED 5.279 03/05/30       | CUSIP: M8T08RAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | AE        |   7500000 | PA      | $7700071.20   | 2.57%             | 2030-03-05      | Fixed         | 5.28%                 | Yes           |                  2 | On Loan: No      |
| BSF Sukuk Co Ltd.                                        | BSFR 4.75 05/31/28          | CUSIP: G1655AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   4000000 | PA      | $4027184.00   | 1.34%             | 2028-05-31      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Khazanah Global Sukuk Bhd                                | KNBZMK 4.687 06/01/28 EMTN  | CUSIP: Y46976AA7<br>LEI: 213800VIN16ILYRCKD86 | Long             | DBT              | CORP              | MY        |   5000000 | PA      | $5081488.47   | 1.69%             | 2028-06-01      | Fixed         | 4.69%                 | Yes           |                  2 | On Loan: No      |
| Almarai Sukuk Ltd                                        | ALMARA 5.233 07/25/33       | CUSIP: G0R9ZGAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   7380000 | PA      | $7561184.90   | 2.52%             | 2033-07-25      | Fixed         | 5.23%                 | Yes           |                  2 | On Loan: No      |
| QIIB Senior Oryx Ltd.                                    | QIIKQD 5.247 01/24/29 EMTN  | CUSIP: G7307ZAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1500000 | PA      | $1539930.00   | 0.51%             | 2029-01-24      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| EI Sukuk Co Ltd.                                         | EIBUH 5.431 05/28/29        | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |   3000000 | PA      | $3091720.68   | 1.03%             | 2029-05-28      | Fixed         | 5.43%                 | Yes           |                  2 | On Loan: No      |
| Sharjah Sukuk Programme Limited                          | SHARSK 3.234 10/23/29       | CUSIP: G8110JAF8<br>LEI: N/A                  | Long             | DBT              | NUSS              | KY        |    710000 | PA      | $674586.96    | 0.23%             | 2029-10-23      | Fixed         | 3.23%                 | Yes           |                  2 | On Loan: No      |
| OTEL Sukuk Ltd.                                          | OTELSU 5.375 01/24/31 REGS  | CUSIP: G68008AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2184000 | PA      | $2233188.05   | 0.74%             | 2031-01-24      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Perusahaan Penerbit Surat Berharga Syariah Indonesia III | INDOIS 5.6 11/15/33 REGS    | CUSIP: 71567RAY2<br>LEI: N/A                  | Long             | DBT              | NUSS              | ID        |   1000000 | PA      | $1053750.00   | 0.35%             | 2033-11-15      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| EQUATE Sukuk SPC Ltd.                                    | EQPCKW 5 09/05/31           | CUSIP: M40519AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | AE        |  10000000 | PA      | $10187190.00  | 3.40%             | 2031-09-05      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Hazine Mustesarligi Varlik Kiralama AS                   | TURKSK 8.5091 01/14/29 REGS | CUSIP: M53008AC8<br>LEI: N/A                  | Long             | DBT              | NUSS              | TR        |   1000000 | PA      | $1088288.80   | 0.36%             | 2029-01-14      | Fixed         | 8.51%                 | Yes           |                  2 | On Loan: No      |
| EDO Sukuk Ltd.                                           | ENEDEV 5.662 07/03/31 REGS  | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |   9000000 | PA      | $9397395.00   | 3.13%             | 2031-07-03      | Fixed         | 5.66%                 | Yes           |                  2 | On Loan: No      |
| Alpha Star Holding VIII Ltd.                             | DAMACR 8.375 04/12/27       | CUSIP: M085A1AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | AE        |   6550000 | PA      | $6738083.25   | 2.25%             | 2027-04-12      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| EDO Sukuk Ltd.                                           | ENEDEV 5.875 09/21/33 REGS  | CUSIP: G4000DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $2120172.00   | 0.71%             | 2033-09-21      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Hazine Mustesarligi Varlik Kiralama AS                   | TURKSK 6.5 04/26/30 REGS    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | TR        |   8500000 | PA      | $8797538.42   | 2.93%             | 2030-04-26      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| AerCap Sukuk Ltd.                                        | AERCAP 4.5 10/03/29 REGS    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | BM        |   8500000 | PA      | $8434324.88   | 2.81%             | 2029-10-03      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| MAF Sukuk Ltd.                                           | MAFUAE 5 06/01/33 EMTN      | CUSIP: G5765UAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $2031548.00   | 0.68%             | 2033-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Mazoon Assets Company SAOC                               | MAZOON 5.5 02/14/29 REGS    | CUSIP: M6876MAB1<br>LEI: 6354003TDIRN5Y6LJP91 | Long             | DBT              | CORP              | OM        |   2140000 | PA      | $2190187.28   | 0.73%             | 2029-02-14      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| DP World Crescent LTD                                    | DPWDU 5.5 09/13/33          | CUSIP: G28288AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   6000000 | PA      | $6223344.00   | 2.08%             | 2033-09-13      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Banque Saudi Fransi                                      | BSFR 5.375 01/21/30 EMTN    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | SA        |   3500000 | PA      | $3619797.16   | 1.21%             | 2030-01-21      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| SIB Sukuk Co. III Ltd.                                   | SIB 5.2 02/26/30            | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |   2280000 | PA      | $2331012.95   | 0.78%             | 2030-02-26      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| Sharjah Sukuk Programme Limited                          | SHARSK 3.2 07/13/31         | CUSIP: G8110JAU5<br>LEI: N/A                  | Long             | DBT              | NUSS              | KY        |    500000 | PA      | $461122.20    | 0.15%             | 2031-07-13      | Fixed         | 3.20%                 | Yes           |                  2 | On Loan: No      |
| Ajman Senior Sukuk Ltd.                                  | AJMNSS 5.125 04/30/30 EMTN  | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |   5000000 | PA      | $5075743.00   | 1.69%             | 2030-04-30      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Omniyat Sukuk 1 Ltd.                                     | OMNYAT 8.375 05/06/28       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |   3000000 | PA      | $3085640.70   | 1.03%             | 2028-05-06      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-01

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

**Signature:** Christopher Fankhauser

**Name of Signer:** Christopher Fankhauser

**Title:** Treasurer