AMINX Amana Income Institutional Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Eli Lilly & Co (NYSE:LLY), Illinois Tool Works (NYSE:ITW).

The investment seeks current income and preservation of capital, consistent with Islamic principles; current income is its primary objective. The fund normally invests at least 80% of its total net assets in income-producing securities, primarily dividend-paying common stocks. It invests primarily in dividend-paying common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. The fund diversifies its investments across industries and companies, and principally follows a large-cap value investment style.

The average market capitalization across the Amana Income Institutional MF is 523.81B. The market cap for tickers in the group ranges from 3.14B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is CNR at 3.14B.

The average weekly volume growth across all stocks in the Amana Income Institutional MF was 15%. For the same stocks of the MF, the average monthly volume growth was 25% and the average quarterly volume growth was 27%