Iman Fund
Fund
IMANX
Price as of:
$16.34
+ $0.14
+ 0.86%
Primary Theme
fund company
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
22.4%
1 yr return
32.5%
3 Yr Avg Return
6.2%
5 Yr Avg Return
10.8%
Net Assets
$196 M
Holdings in Top 10
41.7%
52 WEEK LOW AND HIGH
$16.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.01%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 106.60%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250
IRA
$100
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
IMANX - Profile
Distributions
- YTD Total Return 22.4%
- 3 Yr Annualized Total Return 6.2%
- 5 Yr Annualized Total Return 10.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.93%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameIman Fund
-
Fund Family NameAllied Asset
-
Inception DateAug 28, 2000
-
Shares Outstanding12453922
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBassam Osman
Fund Description
The Fund seeks to achieve its investment objective by investing in common stocks and equity-related securities of domestic and foreign issuers that meet Islamic principles and whose prices the Fund’s investment advisor, Allied Asset Advisors, Inc. (the “Advisor”), anticipates will increase over the long term. Islamic principles generally preclude investments in certain businesses (e.g., alcohol, pornography and gambling) and investments in interest bearing debt obligations or businesses that derive interest income as their primary source of income. The Fund may invest in companies of all market capitalizations. Any uninvested cash will be held in non-interest bearing deposits or invested in a manner following Islamic principles. There can be no guarantee that the Fund will achieve its investment objective.
Among the securities that meet Islamic principles, the Advisor will determine a security’s attractiveness for purchase based on a number of factors, including its anticipated value, record of earnings growth, and possible turn around, among other things. The Advisor may invest in “growth” or “value” stocks, but it anticipates that a majority of its investments will be of the growth type. The Fund may sell portfolio securities at any time when, in the Advisor’s judgment, their price has reached the intended target, their fundamentals have deteriorated, or there are better investment opportunities. The Fund normally does not invest in emerging markets securities except for those traded on U.S. exchanges.
IMANX - Performance
Return Ranking - Trailing
| Period | IMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.4% | -1.6% | 44.3% | 61.06% |
| 1 Yr | 32.5% | 5.1% | 62.7% | 84.08% |
| 3 Yr | 6.2%* | -28.1% | 25.1% | 61.55% |
| 5 Yr | 10.8%* | -13.2% | 30.3% | 93.61% |
| 10 Yr | 12.5%* | -4.0% | 20.7% | 80.23% |
* Annualized
Return Ranking - Calendar
| Period | IMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 29.4% | -74.1% | 72.4% | 58.32% |
| 2022 | -30.8% | -85.9% | 4.7% | 31.71% |
| 2021 | -2.9% | -52.4% | 60.5% | 79.59% |
| 2020 | 16.8% | -34.3% | 145.0% | 79.52% |
| 2019 | 19.8% | -6.9% | 49.4% | 77.78% |
Total Return Ranking - Trailing
| Period | IMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.4% | -1.6% | 44.3% | 61.06% |
| 1 Yr | 32.5% | 5.1% | 62.7% | 84.08% |
| 3 Yr | 6.2%* | -28.1% | 25.1% | 61.55% |
| 5 Yr | 10.8%* | -13.2% | 30.3% | 93.61% |
| 10 Yr | 12.5%* | -4.0% | 20.7% | 80.23% |
* Annualized
Total Return Ranking - Calendar
| Period | IMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 29.4% | -4.6% | 72.4% | 75.68% |
| 2022 | -29.8% | -61.7% | 5.6% | 42.92% |
| 2021 | 16.9% | -39.8% | 118.1% | 75.32% |
| 2020 | 19.9% | 2.8% | 149.2% | 94.62% |
| 2019 | 34.7% | -5.2% | 49.4% | 37.07% |
NAV & Total Return History
IMANX - Holdings
Concentration Analysis
| IMANX | Category Low | Category High | IMANX % Rank | |
|---|---|---|---|---|
| Net Assets | 196 M | 292 K | 287 B | 80.07% |
| Number of Holdings | 92 | 2 | 3143 | 25.97% |
| Net Assets in Top 10 | 77.5 M | 109 K | 151 B | 86.61% |
| Weighting of Top 10 | 41.71% | 0.7% | 205.0% | 83.42% |
Top 10 Holdings
- Microsoft Corp 6.87%
- Apple Inc 6.76%
- NVIDIA Corp 4.99%
- Taiwan Semiconductor Manufacturing Co Ltd 4.29%
- Alphabet Inc 3.84%
- Meta Platforms Inc 3.68%
- Novo Nordisk A/S 3.59%
- Exxon Mobil Corp 3.50%
- ASML Holding NV 2.17%
- Linde PLC 2.01%
Asset Allocation
| Weighting | Return Low | Return High | IMANX % Rank | |
|---|---|---|---|---|
| Stocks | 99.30% | 0.00% | 115.30% | 31.36% |
| Cash | 0.70% | 0.00% | 173.52% | 60.29% |
| Preferred Stocks | 0.00% | 0.00% | 10.69% | 30.91% |
| Other | 0.00% | -31.50% | 50.35% | 37.47% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 20.07% |
| Bonds | 0.00% | 0.00% | 103.97% | 23.27% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | IMANX % Rank | |
|---|---|---|---|---|
| Technology | 44.04% | 0.00% | 65.70% | 10.89% |
| Healthcare | 17.87% | 0.00% | 39.76% | 11.79% |
| Consumer Cyclical | 11.76% | 0.00% | 62.57% | 76.87% |
| Industrials | 11.27% | 0.00% | 30.65% | 9.18% |
| Basic Materials | 6.00% | 0.00% | 18.91% | 6.39% |
| Communication Services | 4.75% | 0.00% | 66.40% | 90.91% |
| Consumer Defense | 2.80% | 0.00% | 25.50% | 62.02% |
| Energy | 1.51% | 0.00% | 41.09% | 31.32% |
| Utilities | 0.00% | 0.00% | 16.07% | 42.57% |
| Real Estate | 0.00% | 0.00% | 16.05% | 74.80% |
| Financial Services | 0.00% | 0.00% | 43.06% | 99.19% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | IMANX % Rank | |
|---|---|---|---|---|
| US | 99.30% | 0.00% | 115.30% | 23.63% |
| Non US | 0.00% | 0.00% | 75.51% | 44.65% |
IMANX - Expenses
Operational Fees
| IMANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.01% | 0.01% | 28.71% | 42.38% |
| Management Fee | 0.70% | 0.00% | 1.50% | 70.23% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| IMANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| IMANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| IMANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 106.60% | 0.00% | 316.74% | 89.82% |
IMANX - Distributions
Dividend Yield Analysis
| IMANX | Category Low | Category High | IMANX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 27.58% | 53.15% |
Dividend Distribution Analysis
| IMANX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
| IMANX | Category Low | Category High | IMANX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.93% | -6.13% | 3.48% | 85.58% |
Capital Gain Distribution Analysis
| IMANX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2022 | $0.148 | CapitalGainLongTerm |
| Dec 23, 2021 | $3.012 | OrdinaryDividend |
| Dec 23, 2020 | $0.417 | CapitalGainLongTerm |
| Dec 27, 2019 | $0.031 | CapitalGainShortTerm |
| Dec 27, 2019 | $1.612 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.229 | CapitalGainShortTerm |
| Dec 28, 2018 | $1.116 | CapitalGainLongTerm |
| Dec 28, 2017 | $0.451 | CapitalGainShortTerm |
| Dec 28, 2017 | $0.659 | CapitalGainLongTerm |
| Dec 28, 2017 | $0.035 | OrdinaryDividend |
| Dec 29, 2016 | $0.283 | CapitalGainShortTerm |
| Dec 29, 2016 | $0.595 | CapitalGainLongTerm |
| Dec 29, 2016 | $0.003 | OrdinaryDividend |
| Dec 30, 2015 | $0.100 | CapitalGainShortTerm |
| Dec 30, 2015 | $0.370 | CapitalGainLongTerm |
| Dec 30, 2014 | $0.395 | CapitalGainShortTerm |
| Dec 30, 2014 | $0.929 | CapitalGainLongTerm |
| Dec 30, 2013 | $0.161 | CapitalGainShortTerm |
| Dec 30, 2013 | $0.252 | CapitalGainLongTerm |
| Dec 30, 2008 | $0.186 | CapitalGainLongTerm |
| Dec 31, 2007 | $0.016 | OrdinaryDividend |
| Dec 29, 2005 | $0.013 | OrdinaryDividend |
| Dec 30, 2004 | $0.008 | OrdinaryDividend |
| Dec 30, 2003 | $0.011 | OrdinaryDividend |
| Dec 31, 2002 | $0.014 | OrdinaryDividend |
| Dec 28, 2001 | $0.006 | OrdinaryDividend |
IMANX - Fund Manager Analysis
Managers
Bassam Osman
Start Date
Tenure
Tenure Rank
Jun 30, 2000
21.93
21.9%
Osman is a portfolio manager of Allied Asset. He has been the president and Chairman of the Board of Allied Asset Advisors for the since 2000.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.24 | 3.08 |