# EDGAR Filing Document

**Accession Number:** 0000811860
**File Stem:** 0001193125-25-256071
**Filing Date:** 2025-10
**Character Count:** 13462
**Document Hash:** 19e527908467e7e2ab6c78ffcb6b167b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-256071.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0001193125-25-256071

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**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:** 251429299

**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:** 2025-08-31

**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:** $75097783.10

**Total Liabilities:** $107742.93

**Net Assets:** $74990040.17

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000065110 | 4.72%                | -1.24%               | 1.82%                |
| Class ID C000188908 | 4.73%                | -1.23%               | 1.85%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1008769.37              | $2353715.56                                |
| Month 2  | $2384189.97              | $-3271378.58                               |
| Month 3  | $161844.64               | $1173343.04                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AstraZeneca ADS                | AstraZeneca ADS                | CUSIP: 046353108<br>LEI: N/A | Long             | EC               | CORP              | GB        |      9000 | NS      | $719100.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Ltd                   | Broadcom Ltd                   | CUSIP: 11135F101<br>LEI: N/A | Long             | EC               | CORP              | US        |     20950 | NS      | $6230320.50   | 8.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Dassault Systemes ADR          | Dassault Systemes ADR          | CUSIP: 237545108<br>LEI: N/A | Long             | EC               | CORP              | FR        |     92115 | NS      | $2862013.05   | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc       | Ferguson Enterprises Inc       | CUSIP: 31488V107<br>LEI: N/A | Long             | EC               | CORP              | GB        |     14560 | NS      | $3365544.00   | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc.                  | Fortinet Inc.                  | CUSIP: 34959E109<br>LEI: N/A | Long             | EC               | CORP              | US        |     18220 | NS      | $1435189.40   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Komatsu Ltd.                   | Komatsu Ltd.                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | JP        |     55000 | NS      | $1863637.98   | 2.49%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB Ltd Reg                    | ABB Ltd Reg                    | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | CH        |     26000 | NS      | $1747291.27   | 2.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Experian PLC                   | Experian PLC                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | US        |     33000 | NS      | $1709865.83   | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Prysmian S.p.A.                | Prysmian S.p.A.                | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | IT        |     19100 | NS      | $1667762.79   | 2.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                      | Danone SA                      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | FR        |     15000 | NS      | $1252646.26   | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola                      | Iberdrola                      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | ES        |     42580 | NS      | $803079.62    | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Healthineers AG        | Siemens Healthineers AG        | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | DE        |     31600 | NS      | $1750723.17   | 2.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandoz Group AG                | Sandoz Group AG                | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | CH        |     22000 | NS      | $1382390.48   | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre                   | MercadoLibre                   | CUSIP: 58733R102<br>LEI: N/A | Long             | EC               | CORP              | AR        |      2255 | NS      | $5576412.05   | 7.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NICE Systems ADR               | NICE Systems ADR               | CUSIP: 653656108<br>LEI: N/A | Long             | EC               | CORP              | IL        |     18120 | NS      | $2561262.00   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk ADS               | Novo Nordisk ADS               | CUSIP: 670100205<br>LEI: N/A | Long             | EC               | CORP              | DK        |      7700 | NS      | $434742.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto ADS                  | Rio Tinto ADS                  | CUSIP: 767204100<br>LEI: N/A | Long             | EC               | CORP              | GB        |     25825 | NS      | $1619744.00   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP ADS                        | SAP ADS                        | CUSIP: 803054204<br>LEI: N/A | Long             | EC               | CORP              | DE        |     11755 | NS      | $3199240.80   | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor ADS       | Taiwan Semiconductor ADS       | CUSIP: 874039100<br>LEI: N/A | Long             | EC               | CORP              | TW        |     23320 | NS      | $5383888.40   | 7.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                        | CRH PLC                        | CUSIP: G25508105<br>LEI: N/A | Long             | EC               | CORP              | US        |     13000 | NS      | $1468350.00   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                 | Eaton Corp PLC                 | CUSIP: G29183103<br>LEI: N/A | Long             | EC               | CORP              | US        |      5590 | NS      | $1951692.60   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International | Johnson Controls International | CUSIP: G51502105<br>LEI: N/A | Long             | EC               | CORP              | US        |     26450 | NS      | $2827240.50   | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde                          | Linde                          | CUSIP: G54950103<br>LEI: N/A | Long             | EC               | CORP              | GB        |      3875 | NS      | $1853373.75   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon                          | Alcon                          | CUSIP: H01301128<br>LEI: N/A | Long             | EC               | CORP              | CA        |      3145 | NS      | $251002.45    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Assa Abloy AB - B              | Assa Abloy AB - B              | CUSIP: ID1756835<br>LEI: N/A | Long             | EC               | CORP              | SE        |     44700 | NS      | $1579203.93   | 2.11%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NY                | ASML Holding NY                | CUSIP: N07059210<br>LEI: N/A | Long             | EC               | CORP              | DE        |      5245 | NS      | $3895041.90   | 5.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith & Nephew PLC             | Smith & Nephew                 | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | US        |     98200 | NS      | $1841134.12   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric             | Schneider Electric             | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | FR        |      8615 | NS      | $2117663.82   | 2.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Hermes International           | Hermes International           | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | FR        |       510 | NS      | $1249704.97   | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Wolters Kluwer                 | Wolters Kluwer                 | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | NL        |     21324 | NS      | $2687626.97   | 3.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuji Electric Co., Ltd.        | Fuji Electric Co., Ltd.        | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | JP        |     29400 | NS      | $1853001.51   | 2.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujikura Ltd                   | Fujikura Ltd                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | US        |     63600 | NS      | $5400532.01   | 7.20%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** SATURNA INVESTMENT TRUST

**Signature:** Christopher Fankhauser

**Name of Signer:** Christopher Fankhauser

**Title:** Treasurer