Amana Developing World Fund Institutional Class (AMIDX) Research
This fund allocates a minimum of 80% of its net assets to equity securities, specifically targeting companies that derive a substantial portion (50% or more) of their revenues or possess the majority (50% or more) of their production assets in emerging economies or developing markets. All portfolio decisions are strictly guided by Islamic principles. The fund employs a broad diversification strategy, spreading its capital across different industries, corporations, and nations within the developing world, with a primary focus on large-capitalization value stocks.
Market snapshot
- Symbol
- AMIDX
- Price
- $19.58
- Day change
- +1.77%
- Market cap
- $210.4M
- 52-week range
- 13.27-19.96
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Amana Mutual Funds Trust Developing World Fund (AMDWX)
- American Century Small Company Fund Investor Class (ASQIX)
- Wells Fargo C&B Large Cap Value Fund - Class Admin (CBLLX)
- Meeder Conservative Allocation Retail (FLRUX)
- Integrity Mid-North American Resources Fund Class A (ICPAX)
- Jensen Quality Value Fund J Shares (JNVSX)
- BlackRock LifePath Dynamic 2060 Inv A (LPDAX)
- MainStay Epoch Capital Growth Fund - Class A (MECDX)
Open Amana Developing World Fund Institutional Class (AMIDX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.