What were the Fund&#8217;s costs for the&#160;last 6 months?&#160;&#160;

Entity Investment Company Type

Document Type

N-CSRS/A

Amendment Flag

true

Amendment Description

Explanatory Note: The Registrant is filing this amendment to its Form N-CSRS (the "Amendment") for the period ended November 30, 2024 originally filed with the Securities and Exchange Commission on January 29, 2025 (Accession Number 0000766285-25-000008). The sole purpose of the Amendment is to correct the Renewal of Investment Advisory Contract. Except as set forth above, the Amendment does not amend, update or change any other items or disclosures found in the Original Filing.

Registrant Name

AMANA MUTUAL FUNDS TRUST

Entity Central Index Key

0000766285

N-1A

Document Period End Date

Nov. 30, 2024

C000131515

Amana Developing World Fund

INSTITUTIONAL SHARES

AMIDX

This Semi-Annual Shareholder Report contains important information about the Amana Developing World Fund for the period of June 1, 2024 to November 30, 2024.

Semi-Annual Shareholder Report

You can find additional information about the Fund at www.saturna.com/amana/developing-world-fund. You can also request this information by contacting us at 1-800-728-8762 or investorservices@saturna.com.

1-800-728-8762

<span style="box-sizing: border-box; color: rgb(68, 68, 68); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left;">investorservices@saturna.com</span>

What were the Fund’s costs for the last 6 months?

(Based on a hypothetical $10,000 investment)

Class Name	Cost of a $10,000 Investment	Cost Paid as a % of a $10,000 Investment
Institutional Shares	$45	0.89%

$ 45

0.89%

Annual Average Total Return

	1 Year	5 Year	10 Year
Institutional Shares	14.68%	6.91%	2.80%
MSCI Emerging Markets Index	11.86%	3.20%	3.16%

$ 131,175,798

$ 526,157

1.00%

Key Fund Statistics

Total Net Assets	$131,175,798
# of Portfolio Holdings	40
Advisory Fees Paid	$526,157
Portfolio Turnover Rate	1%

Industry Weightings

% of Total Net Assets

Semiconductor Devices	12.9%
Personal Care Products	12.3%
Health Care Facilities	6.2%
Semiconductor Manufacturing	6.2%
Food & Drug Stores	6.0%
Electronics Components	4.9%
Communications Equipment	3.6%
Other Machinery & Equipment	3.1%
Base Metals	3.0%
Electronic Manufacturing Services & Original Design Manufacturer	3.0%
Other Industries	30.8%
Other Assets (net of liabilities)	8.0%

C000079787

Amana Developing World Fund

INVESTOR SHARES

AMDWX

This Semi-Annual Shareholder Report contains important information about the Amana Developing World Fund for the period of June 1, 2024 to November 30, 2024.

Semi-Annual Shareholder Report

1-800-728-8762

What were the Fund’s costs for the last 6 months?

(Based on a hypothetical $10,000 investment)

Class Name	Cost of a $10,000 Investment	Cost Paid as a % of a $10,000 Investment
Investor Shares	$56	1.12%

$ 56

1.12%

Annual Average Total Return

	1 Year	5 Year	10 Year
Investor Shares	14.48%	6.69%	2.58%
MSCI Emerging Markets Index	11.86%	3.20%	3.16%

$ 131,175,798

$ 526,157

1.00%

Key Fund Statistics

Total Net Assets	$131,175,798
# of Portfolio Holdings	40
Advisory Fees Paid	$526,157
Portfolio Turnover Rate	1%

Industry Weightings

% of Total Net Assets

Semiconductor Devices	12.9%
Personal Care Products	12.3%
Health Care Facilities	6.2%
Semiconductor Manufacturing	6.2%
Food & Drug Stores	6.0%
Electronics Components	4.9%
Communications Equipment	3.6%
Other Machinery & Equipment	3.1%
Base Metals	3.0%
Electronic Manufacturing Services & Original Design Manufacturer	3.0%
Other Industries	30.8%
Other Assets (net of liabilities)	8.0%

C000131514

Amana Growth Fund

INSTITUTIONAL SHARES

AMIGX

This Semi-Annual Shareholder Report contains important information about the Amana Growth Fund for the period of June 1, 2024 to November 30, 2024.

Semi-Annual Shareholder Report

You can find additional information about the Fund at www.saturna.com/amana/growth-fund. You can also request this information by contacting us at 1-800-728-8762 or investorservices@saturna.com.

1-800-728-8762

What were the Fund’s costs for the last 6 months?

(Based on a hypothetical $10,000 investment)

Class Name	Cost of a $10,000 Investment	Cost Paid as a % of a $10,000 Investment
Institutional Shares	$31	0.60%

$ 31

0.60%

Annual Average Total Return

	1 Year	5 Year	10 Year
Institutional Shares	23.76%	16.81%	14.80%
S&P 500 Index	33.89%	15.75%	13.33%

$ 5,667,104,516

$ 16,234,814

2.00%

Key Fund Statistics

Total Net Assets	$5,667,104,516
# of Portfolio Holdings	33
Advisory Fees Paid	$16,234,814
Portfolio Turnover Rate	2%

Industry Weightings

% of Total Net Assets

Large Pharma	13.4%
Infrastructure Software	11.3%
Semiconductor Devices	10.8%
Communications Equipment	9.3%
Semiconductor Manufacturing	7.7%
Application Software	6.2%
Commercial & Residential Building Equipment & Systems	5.9%
Measurement Instruments	4.7%
Internet Media & Services	4.0%
Specialty Apparel Stores	2.6%
Other Industries	18.5%
Other Assets (net of liabilities)	5.6%

C000065109

Amana Growth Fund

INVESTOR SHARES

AMAGX

This Semi-Annual Shareholder Report contains important information about the Amana Growth Fund for the period of June 1, 2024 to November 30, 2024.

Semi-Annual Shareholder Report

You can find additional information about the Fund at www.saturna.com/amana/growth-fund. You can also request this information by contacting us at 1-800-728-8762 or investorservices@saturna.com.

1-800-728-8762

What were the Fund’s costs for the last 6 months?

(Based on a hypothetical $10,000 investment)

Class Name	Cost of a $10,000 Investment	Cost Paid as a % of a $10,000 Investment
Investor Shares	$44	0.85%

$ 44

0.85%

Annual Average Total Return

	1 Year	5 Year	10 Year
Investor Shares	23.46%	16.53%	14.53%
S&P 500 Index	33.89%	15.75%	13.33%

$ 5,667,104,516

$ 16,234,814

2.00%

Key Fund Statistics

Total Net Assets	$5,667,104,516
# of Portfolio Holdings	33
Advisory Fees Paid	$16,234,814
Portfolio Turnover Rate	2%

Industry Weightings

% of Total Net Assets

Large Pharma	13.4%
Infrastructure Software	11.3%
Semiconductor Devices	10.8%
Communications Equipment	9.3%
Semiconductor Manufacturing	7.7%
Application Software	6.2%
Commercial & Residential Building Equipment & Systems	5.9%
Measurement Instruments	4.7%
Internet Media & Services	4.0%
Specialty Apparel Stores	2.6%
Other Industries	18.5%
Other Assets (net of liabilities)	5.6%

C000131513

Amana Income Fund

INSTITUTIONAL SHARES

AMINX

This Semi-Annual Shareholder Report contains important information about the Amana Income Fund for the period of June 1, 2024 to November 30, 2024.

Semi-Annual Shareholder Report

You can find additional information about the Fund at www.saturna.com/amana/income-fund. You can also request this information by contacting us at 1-800-728-8762 or investorservices@saturna.com.

1-800-728-8762

What were the Fund’s costs for the last 6 months?

(Based on a hypothetical $10,000 investment)

Class Name	Cost of a $10,000 Investment	Cost Paid as a % of a $10,000 Investment
Institutional Shares	$39	0.75%

$ 39

0.75%

Annual Average Total Return

	1 Year	5 Year	10 Year
Institutional Shares	21.12%	12.05%	10.16%
S&P 500 Index	33.89%	15.75%	13.33%

$ 1,979,026,636

$ 7,099,058

2.00%

Key Fund Statistics

Total Net Assets	$1,979,026,636
# of Portfolio Holdings	32
Advisory Fees Paid	$7,099,058
Portfolio Turnover Rate	2%

Industry Weightings

% of Total Net Assets

Large Pharma	17.1%
Infrastructure Software	8.6%
Personal Care Products	7.7%
Semiconductor Manufacturing	7.7%
Industrial Wholesale & Rental	6.9%
Semiconductor Devices	5.0%
Basic & Diversified Chemicals	4.9%
Measurement Instruments	4.5%
Diversified Industrials	4.2%
Automotive Retailers	2.4%
Other Industries	23.8%
Other Assets (net of liabilities)	7.2%

C000012979

Amana Income Fund

INVESTOR SHARES

AMANX

This Semi-Annual Shareholder Report contains important information about the Amana Income Fund for the period of June 1, 2024 to November 30, 2024.

Semi-Annual Shareholder Report

You can find additional information about the Fund at www.saturna.com/amana/income-fund. You can also request this information by contacting us at 1-800-728-8762 or investorservices@saturna.com.

1-800-728-8762

What were the Fund’s costs for the last 6 months?

(Based on a hypothetical $10,000 investment)

Class Name	Cost of a $10,000 Investment	Cost Paid as a % of a $10,000 Investment
Investor Shares	$52	1.00%

$ 52

1.00%

Annual Average Total Return

	1 Year	5 Year	10 Year
Investor Shares	20.82%	11.81%	9.90%
S&P 500 Index	33.89%	15.75%	13.33%

$ 1,979,026,636

$ 7,099,058

2.00%

Key Fund Statistics

Total Net Assets	$1,979,026,636
# of Portfolio Holdings	32
Advisory Fees Paid	$7,099,058
Portfolio Turnover Rate	2%

Industry Weightings

% of Total Net Assets

Large Pharma	17.1%
Infrastructure Software	8.6%
Personal Care Products	7.7%
Semiconductor Manufacturing	7.7%
Industrial Wholesale & Rental	6.9%
Semiconductor Devices	5.0%
Basic & Diversified Chemicals	4.9%
Measurement Instruments	4.5%
Diversified Industrials	4.2%
Automotive Retailers	2.4%
Other Industries	23.8%
Other Assets (net of liabilities)	7.2%

C000160667

Amana Participation Fund

INSTITUTIONAL SHARES

AMIPX

This Semi-Annual Shareholder Report contains important information about the Amana Participation Fund for the period of June 1, 2024 to November 30, 2024.

Semi-Annual Shareholder Report

You can find additional information about the Fund at www.saturna.com/amana/participation-fund. You can also request this information by contacting us at 1-800-728-8762 or investorservices@saturna.com.

1-800-728-8762

What were the Fund’s costs for the last 6 months?

(Based on a hypothetical $10,000 investment)

Class Name	Cost of a $10,000 Investment	Cost Paid as a % of a $10,000 Investment
Institutional Shares	$28	0.55%

$ 28

0.55%

Annual Average Total Return

	1 Year	5 Year	Since Inception
Institutional Shares	6.48%	1.62%	2.16%
FTSE IdealRatings Sukuk Index	6.86%	2.16%	3.20%

$ 216,795,122

$ 524,749

8.00%

Key Fund Statistics

Total Net Assets	$216,795,122
# of Portfolio Holdings	48
Advisory Fees Paid	$524,749
Portfolio Turnover Rate	8%

Sector Weightings

% of Total Net Assets

Financials	37.5%
Government	14.9%
Real Estate	12.2%
Utilities	9.4%
Communications	6.6%
Industrials	5.3%
Bank Time Deposits	3.7%
Energy	3.1%
Consumer Staples	2.1%
Other Assets (net of liabilities)	5.2%

C000160666

Amana Participation Fund

INVESTOR SHARES

AMAPX

This Semi-Annual Shareholder Report contains important information about the Amana Participation Fund for the period of June 1, 2024 to November 30, 2024.

Semi-Annual Shareholder Report

1-800-728-8762

What were the Fund’s costs for the last 6 months?

(Based on a hypothetical $10,000 investment)

Class Name	Cost of a $10,000 Investment	Cost Paid as a % of a $10,000 Investment
Investor Shares	$40	0.79%

$ 40

0.79%

Annual Average Total Return

	1 Year	5 Year	Since Inception
Investor Shares	6.34%	1.37%	1.92%
FTSE IdealRatings Sukuk Index	6.86%	2.16%	3.20%

$ 216,795,122

$ 524,749

8.00%

Key Fund Statistics

Total Net Assets	$216,795,122
# of Portfolio Holdings	48
Advisory Fees Paid	$524,749
Portfolio Turnover Rate	8%