# EDGAR Filing Document

**Accession Number:** 0000766285
**File Stem:** 0001193125-26-023989
**Filing Date:** 2026-1
**Character Count:** 14985
**Document Hash:** 8eefd794c94a8554ff173e3b8ed14eff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-023989.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001193125-26-023989

**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**: 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:** 26564026

**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:** 2026-05-31

- **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:** $156818516.32

**Total Liabilities:** $210989.42

**Net Assets:** $156607526.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000079787 | 5.12%                | 4.26%                | -0.06%               |
| Class ID C000131515 | 5.10%                | 4.31%                | -0.06%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1319001.86              | $5909687.63                                |
| Month 2  | $-2897228.21             | $9404160.37                                |
| Month 3  | $-790008.98              | $590376.91                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| KPJ HEALTHCARE                     | KPJ HEALTHCARE                     | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MY        |   4825992 | NS      | $3028430.57   | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| BANGKOK DUS-NVDR                   | BANGKOK DUS-NVDR                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TH        |   5500000 | NS      | $3251759.40   | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| HARTALEGA HLDGS                    | HARTALEGA HLDGS                    | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MY        |   2750000 | NS      | $665414.18    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| IHH HEALTHCARE B                   | IHH HEALTHCARE B                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MY        |   2200000 | NS      | $4400301.32   | 2.81%             |  |  |  | No            |                  2 | On Loan: No      |
| BIMB HLDGS BHD                     | BIMB HLDGS BHD                     | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MY        |   1476100 | NS      | $821924.64    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| SERCOMM                            | SERCOMM                            | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TW        |   1050000 | NS      | $2762657.10   | 1.76%             |  |  |  | No            |                  2 | On Loan: No      |
| ADVANTECH                          | ADVANTECH                          | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TW        |    420931 | NS      | $3871382.81   | 2.47%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG ELECTRON                   | SAMSUNG ELECTRON                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | KR        |     70000 | NS      | $4807800.25   | 3.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML HOLDING-NY                    | ASML HOLDING-NY                    | CUSIP: N07059210<br>LEI: N/A | Long             | EC               | CORP              | NL        |      5850 | NS      | $6201000.00   | 3.96%             |  |  |  | No            |                  1 | On Loan: No      |
| MANILA ELECTRIC                    | MANILA ELECTRIC                    | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | PH        |    478500 | NS      | $4829226.80   | 3.08%             |  |  |  | No            |                  2 | On Loan: No      |
| RIO TINTO                          | RIO TINTO                          | CUSIP: 767204100<br>LEI: N/A | Long             | EC               | CORP              | GB        |     75000 | NS      | $5396250.00   | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| UNILEVER PLC-ADR                   | UNILEVER PLC-ADR                   | CUSIP: 904767704<br>LEI: N/A | Long             | EC               | CORP              | GB        |     77000 | NS      | $4665430.00   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                       | QUALCOMM INC                       | CUSIP: 747525103<br>LEI: N/A | Long             | EC               | CORP              | US        |     29000 | NS      | $4874610.00   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMIC-ADR                   | TAIWAN SEMIC-ADR                   | CUSIP: 874039100<br>LEI: N/A | Long             | EC               | CORP              | TW        |     27200 | NS      | $7929072.00   | 5.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEKOMUNIKA-ADR                   | TELEKOMUNIKA-ADR                   | CUSIP: 715684106<br>LEI: N/A | Long             | EC               | CORP              | ID        |    120000 | NS      | $2586000.00   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| WILCON DEPOT IN                    | WILCON DEPOT IN                    | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | PH        |   4857500 | NS      | $586698.54    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicharm Corp                      | Unicharm Corp                      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | JP        |    300000 | NS      | $1761802.54   | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics                  | Delta Electronics                  | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TW        |    220000 | NS      | $6558304.29   | 4.19%             |  |  |  | No            |                  2 | On Loan: No      |
| SAUDI TELECOM                      | SAUDI TELECOM                      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | SA        |    387000 | NS      | $4404354.46   | 2.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Sociedad Quimica Y Minera de Chile | Sociedad Quimica Y Minera de Chile | CUSIP: 833635105<br>LEI: N/A | Long             | EC               | CORP              | CL        |    110000 | NS      | $7075200.00   | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper                    | Southern Copper                    | CUSIP: 84265V105<br>LEI: N/A | Long             | EC               | CORP              | US        |     40239 | NS      | $5423412.42   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultratech Cement Ltd               | Ultratech Cement Ltd               | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | IN        |     35000 | NS      | $4550678.67   | 2.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Dabur India Ltd.                   | Dabur India Ltd.                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | IN        |    600000 | NS      | $3475041.61   | 2.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Jabil Inc                          | Jabil Inc                          | CUSIP: 466313103<br>LEI: N/A | Long             | EC               | CORP              | US        |     28600 | NS      | $6026306.00   | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Bim Birlesik Magazalar AS          | Bim Birlesik Magazalar AS          | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TR        |    360000 | NS      | $4554310.69   | 2.91%             |  |  |  | No            |                  2 | On Loan: No      |
| WEG SA                             | WEG SA                             | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | BR        |    700000 | NS      | $5758310.56   | 3.68%             |  |  |  | No            |                  2 | On Loan: No      |
| BARRICK GOLD CRP                   | BARRICK GOLD CRP                   | CUSIP: 06849F108<br>LEI: N/A | Long             | EC               | CORP              | CA        |    210000 | NS      | $8681400.00   | 5.54%             |  |  |  | No            |                  1 | On Loan: No      |
| APL Apollo Tubes Ltd               | APL Apollo Tubes Ltd               | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | IN        |    150000 | NS      | $2889480.30   | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Alinma Bank                        | Alinma Bank                        | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | SA        |    200000 | NS      | $1291828.76   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| FORD OTO                           | FORD OTO                           | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TR        |   1096000 | NS      | $2442478.72   | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| KIMBERLY-CLA M-A                   | KIMBERLY-CLA M-A                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MX        |   2350000 | NS      | $4820446.89   | 3.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CLICKS GROUP LTD                   | CLICKS GROUP LTD                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | ZA        |    224000 | NS      | $4550921.54   | 2.91%             |  |  |  | No            |                  2 | On Loan: No      |
| INDOFOOD CBP SUK                   | INDOFOOD CBP SUK                   | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | ID        |   2500000 | NS      | $1269095.00   | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA                             | NVIDIA                             | CUSIP: 67066G104<br>LEI: N/A | Long             | EC               | CORP              | US        |     10000 | NS      | $1770000.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems           | Monolithic Power Systems           | CUSIP: 609839105<br>LEI: N/A | Long             | EC               | CORP              | US        |      5000 | NS      | $4640850.00   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Syarikat Takaful Malaysia Ke       | Syarikat Takaful Malaysia Ke       | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MY        |   1500000 | NS      | $1228084.20   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Infosys                            | Infosys                            | CUSIP: 456788108<br>LEI: N/A | Long             | EC               | CORP              | IN        |    210000 | NS      | $3670800.00   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

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

**Signature:** Christopher Fankhauser

**Name of Signer:** Christopher Fankhauser

**Title:** Treasurer