# EDGAR Filing Document

**Accession Number:** 0000811860
**File Stem:** 0001145549-25-049935
**Filing Date:** 2025-7
**Character Count:** 17414
**Document Hash:** 4eaf714616da7150386de703b58ac749
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-049935.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001145549-25-049935

**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**: 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:** 251165111

**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 Sustainable Equity Fund (Series ID: S000048619)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000153267 | Saturna Sustainable Equity Fund | SEEFX           |

## 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 Sustainable Equity Fund

- **b. EDGAR series identifier (if any):** S000048619

- **c. LEI of Series:** 549300WQW5C37OV3BE37

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

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

- **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:** $22973973.17

**Total Liabilities:** $25638.89

**Net Assets:** $22948334.28

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000153267 | -5.32%               | 3.30%                | 5.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-475823.50              | $-782110.91                                |
| Month 2  | $-40703.74               | $704516.34                                 |
| Month 3  | $97174.29                | $1041491.95                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ferguson Enterprises Inc         | Ferguson Enterprises Inc         | CUSIP: 31488V107<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |      2500 | NS      | $455850.00    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab                           | Ecolab                           | CUSIP: 278865100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1500 | NS      | $398430.00    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollarama Inc.                   | Dollarama Inc.                   | CUSIP: 25675T958<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      2400 | NS      | $308667.61    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Dassault Systemes ADR            | Dassault Systemes ADR            | CUSIP: 237545108<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |      9100 | NS      | $339885.00    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone ADS                       | Danone ADS                       | CUSIP: 23636T100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31200 | NS      | $532584.00    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva                          | Corteva                          | CUSIP: 22052L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $212400.00    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City Ltd | Canadian Pacific Kansas City Ltd | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      3200 | NS      | $261280.00    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CGI Group Inc Class A            | CGI Group Inc Class A            | CUSIP: 12532H955<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      4000 | NS      | $430006.92    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy                   | NextEra Energy                   | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6100 | NS      | $430904.00    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft                        | Microsoft                        | CUSIP: 594918104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1438 | NS      | $661997.68    | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Class A              | Mastercard, Class A              | CUSIP: 57636Q104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       860 | NS      | $503616.00    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly                        | Eli Lilly                        | CUSIP: 532457108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       900 | NS      | $663903.00    | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| L'Oreal ADR                      | L'Oreal ADR                      | CUSIP: 502117203<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |      5400 | NS      | $456192.00    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot                       | Home Depot                       | CUSIP: 437076102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1500 | NS      | $552435.00    | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| GlaxoSmithKline ADS              | GlaxoSmithKline ADS              | CUSIP: 37733W204<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |      9200 | NS      | $377476.00    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv                           | Fiserv                           | CUSIP: 337738108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       900 | NS      | $146511.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric ADR           | Schneider Electric ADR           | CUSIP: 80687P106<br>LEI: N/A                  | Long             | EC               | CORP              | PE        |     17100 | NS      | $857565.00    | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA                           | NVIDIA                           | CUSIP: 67066G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10000 | NS      | $1351300.00   | 5.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk ADS                 | Novo Nordisk ADS                 | CUSIP: 670100205<br>LEI: N/A                  | Long             | EC               | CORP              | DK        |     10200 | NS      | $729300.00    | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo ADR                     | Nintendo ADR                     | CUSIP: 654445303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32725 | NS      | $668899.00    | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens ADR                      | Siemens ADR                      | CUSIP: 826197501<br>LEI: N/A                  | Long             | EC               | CORP              | DE        |      5300 | NS      | $641088.00    | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow                       | ServiceNow                       | CUSIP: 81762P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       650 | NS      | $657208.50    | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Companies                    | TJX Companies                    | CUSIP: 872540109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $634500.00    | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony ADS                         | Sony ADS                         | CUSIP: 835699307<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     20000 | NS      | $527600.00    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors               | NXP Semiconductors               | CUSIP: N6596X109<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |      1960 | NS      | $374614.80    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NY                  | ASML Holding NY                  | CUSIP: N07059210<br>LEI: N/A                  | Long             | EC               | CORP              | DE        |       700 | NS      | $515739.00    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb                            | Chubb                            | CUSIP: H1467J104<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |      2000 | NS      | $594400.00    | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity                  | TE Connectivity                  | CUSIP: G87052109<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      3200 | NS      | $512224.00    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde                            | Linde                            | CUSIP: G54950103<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |       500 | NS      | $233790.00    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture, Class A               | Accenture, Class A               | CUSIP: G1151C101<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      1600 | NS      | $506912.00    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever ADS                     | Unilever ADS                     | CUSIP: 904767704<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |      8800 | NS      | $561792.00    | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor ADS         | Taiwan Semiconductor ADS         | CUSIP: 874039100<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5325 | NS      | $1029429.00   | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Prysmian S.p.A.                  | Prysmian S.p.A.                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IT        |      4000 | NS      | $257203.80    | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Murata Manufacturing             | Murata Manufacturing             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     12000 | NS      | $173623.45    | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuji Electric Co., Ltd.          | Fuji Electric Co., Ltd.          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      8500 | NS      | $374419.89    | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Wolters Kluwer                   | Wolters Kluwer                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NL        |      5022 | NS      | $890396.21    | 3.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Adobe                            | Adobe                            | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      1000 | NS      | $415090.00    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple                            | Apple                            | CUSIP: 037833100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3028 | NS      | $608173.80    | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Class A                | Alphabet, Class A                | CUSIP: 02079K305<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1800 | NS      | $309132.00    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Ltd                     | Broadcom Ltd                     | CUSIP: 11135F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2500 | NS      | $605175.00    | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviva PLC ADR                    | Aviva PLC ADR                    | CUSIP: 05382A302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45600 | NS      | $772008.00    | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone                         | AutoZone                         | CUSIP: 053332102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        70 | NS      | $261312.80    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Assa Abloy ADR                   | Assa Abloy ADR                   | CUSIP: 045387107<br>LEI: N/A                  | Long             | EC               | CORP              | SE        |     44500 | NS      | $703990.00    | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** SATURNA INVESTMENT TRUST

**Signature:** Christopher Fankhauser

**Name of Signer:** Christopher Fankhauser

**Title:** Treasurer