Saratoga Aggressive Balanced Allc I (SABIX)
| Fund Assets | 1.67M |
| Expense Ratio | 2.28% |
| Min. Investment | $2,500 |
| Turnover | 8.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 2.81% |
| Dividend Growth | 21.19% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 13.08 |
| YTD Return | 11.13% |
| 1-Year Return | 11.74% |
| 5-Year Return | 58.41% |
| 52-Week Low | 10.53 |
| 52-Week High | 13.14 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Dec 29, 2017 |
About SABIX
Saratoga Aggressive Balanced Allocation Portfolio Class I is a mutual fund designed to seek a total return through a blend of capital appreciation and income. The fund employs an asset allocation strategy that targets significant exposure to equities, typically allocating approximately 44% to 64% of its assets to core equity investments, along with selective allocations to sector equities, fixed income, money market instruments, and alternative investments. This diversified approach allows the fund to participate in growth opportunities while managing risk through fixed income and alternative assets. The fund’s holdings include a mix of Saratoga-branded U.S. large, mid, and small capitalization portfolios, global sector funds, and select index funds such as those tracking intermediate-term bonds and international equities. With a track record dating back to 2017, the portfolio is positioned in the moderately aggressive allocation category, aiming to balance growth and income for investors seeking a dynamic, multi-asset strategy in their investment portfolios. Dividends are distributed annually, reinforcing its dual income and growth orientation.
Performance
SABIX had a total return of 11.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.40%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
93.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Saratoga Large Capitalization Growth I | SLCGX | 19.37% |
| Saratoga Large Capitalization Value I | SLCVX | 16.46% |
| Saratoga Mid Capitalization I | SMIPX | 10.86% |
| Vanguard Intermediate-Term Bond Index Fund | VBILX | 9.97% |
| Eaton Vance Glbl Macr Absolute Return I | EIGMX | 8.80% |
| Saratoga Small Capitalization I | SSCPX | 8.44% |
| Vanguard Total Intl Stock Index Admiral | VTIAX | 6.74% |
| Dreyfus Institutional Reserves Funds - Dreyfus Institutional Preferred Government Money Market Fund | DSVXX | 5.68% |
| Saratoga Technology & Communications Portfolio | STPIX | 3.89% |
| Vanguard Financials Index Fund | VFAIX | 3.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.3677 | Dec 16, 2024 |
| Dec 13, 2023 | $0.3034 | Dec 14, 2023 |
| Dec 14, 2022 | $0.6861 | Dec 15, 2022 |
| Dec 15, 2021 | $1.1193 | Dec 15, 2021 |
| Dec 16, 2020 | $0.2018 | Dec 16, 2020 |
| Dec 16, 2019 | $0.3842 | Dec 16, 2019 |