# EDGAR Filing Document

**Accession Number:** 0000811860
**File Stem:** 0001193125-26-023995
**Filing Date:** 2026-1
**Character Count:** 12996
**Document Hash:** 09333ed177a795fb557465ad4840c94a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-023995.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001193125-26-023995

**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:** 26564032

**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 GROWTH FUND (Series ID: S000004771)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000012974 | Saturna Growth Fund Investor Shares | SSGFX           |
| C000188907 | Saturna Growth Fund Z Shares        | SGZFX           |

## 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 Growth Fund

- **b. EDGAR series identifier (if any):** S000004771

- **c. LEI of Series:** 54930026SAOIBUGQV545

**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:** $86671611.39

**Total Liabilities:** $82356.61

**Net Assets:** $86589254.78

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000012974 | 3.94%                | 3.25%                | -0.99%               |
| Class ID C000188907 | 3.99%                | 3.26%                | -0.99%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $3267200.31                                |
| Month 2  | $522883.00               | $2283744.85                                |
| Month 3  | $1213004.76              | $-2068324.77                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EMCOR GROUP INC          | EMCOR GROUP INC          | CUSIP: 29084Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       650 | NS      | $399795.50    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON CONTROLS         | JOHNSON CONTROLS         | CUSIP: G51502105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18210 | NS      | $2118005.10   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC           | AMAZON.COM INC           | CUSIP: 023135106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26275 | NS      | $6127855.50   | 7.08%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWE'S COS INC           | LOWE'S COS INC           | CUSIP: 548661107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2030 | NS      | $492234.40    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX COS INC              | TJX COS INC              | CUSIP: 872540109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19000 | NS      | $2886480.00   | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE         | COSTCO WHOLESALE         | CUSIP: 22160K105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3414 | NS      | $3118996.26   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| STRYKER CORP             | STRYKER CORP             | CUSIP: 863667101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $1484720.00   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                | APPLE INC                | CUSIP: 037833100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23595 | NS      | $6579465.75   | 7.60%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP           | MICROSOFT CORP           | CUSIP: 594918104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18170 | NS      | $8939821.70   | 10.32%            |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC                | ADOBE INC                | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      4305 | NS      | $1378159.65   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC-A         | MASTERCARD INC-A         | CUSIP: 57636Q104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3791 | NS      | $2087059.23   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP              | ORACLE CORP              | CUSIP: 68389X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17150 | NS      | $3463442.50   | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC-A           | ALPHABET INC-A           | CUSIP: 02079K305<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31680 | NS      | $10143302.40  | 11.71%            |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY           | NEXTERA ENERGY           | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5200 | NS      | $448708.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Facebook Inc             | Facebook Inc             | CUSIP: 30303M102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3200 | NS      | $2073440.00   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc.  | Motorola Solutions Inc.  | CUSIP: 620076307<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6000 | NS      | $2218080.00   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp   | Boston Scientific Corp   | CUSIP: 101137107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22000 | NS      | $2234760.00   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices   | Advanced Micro Devices   | CUSIP: 007903107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $1740240.00   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc    | Republic Services Inc    | CUSIP: 760759100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3250 | NS      | $705445.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc. | O'Reilly Automotive Inc. | CUSIP: 67103H107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19500 | NS      | $1983150.00   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow               | ServiceNow               | CUSIP: 81762P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1900 | NS      | $1543579.00   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Ltd             | Broadcom Ltd             | CUSIP: 11135F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12750 | NS      | $5137740.00   | 5.93%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTA SERVICES          | QUANTA SERVICES          | CUSIP: 74762E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $2324400.00   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson                 | Ferguson                 | CUSIP: 31488V107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6250 | NS      | $1572937.50   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH                      | CRH                      | CUSIP: G25508105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7000 | NS      | $839720.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp            | Amphenol Corp            | CUSIP: 032095101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13400 | NS      | $1888060.00   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CORTEVA INC              | CORTEVA INC              | CUSIP: 22052L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5260 | NS      | $354892.20    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA                   | NVIDIA                   | CUSIP: 67066G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35000 | NS      | $6195000.00   | 7.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems | Monolithic Power Systems | CUSIP: 609839105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1100 | NS      | $1020987.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage         | Monster Beverage         | CUSIP: 61174X109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32200 | NS      | $2414678.00   | 2.79%             |  |  |  | No            |                  1 | 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