Saratoga Advantage Trust - Moderate Balanced Allocation Portfolio (SBMIX)
| Fund Assets | 2.53M |
| Expense Ratio | 2.08% |
| Min. Investment | $2,500 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.31% |
| Dividend Growth | 60.47% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 13.31 |
| YTD Return | 12.35% |
| 1-Year Return | 8.89% |
| 5-Year Return | 47.75% |
| 52-Week Low | 10.89 |
| 52-Week High | 13.37 |
| Beta (5Y) | n/a |
| Holdings | 15 |
| Inception Date | Dec 29, 2017 |
About SBMIX
Saratoga Moderate Balanced Allocation Portfolio Fund Class I is a mutual fund structured to provide investors with a total return that blends both capital appreciation and income. The fund pursues a "fund-of-funds" approach by investing primarily in other Saratoga-advised mutual funds, allocating assets across equities, fixed income, and alternative investments. This diversified strategy aims to maintain a balanced risk profile while seeking growth and income opportunities. Notably, the fund combines both active and passive management techniques, applying an active asset allocation overlay atop a mix of passive and actively managed underlying holdings. This dual approach leverages Saratoga’s decades of research and dynamic investment models. Its asset allocation typically places a moderate emphasis on both stocks and bonds, appealing to investors looking for a middle ground between risk and return. Top holdings are often spread among large-cap equity and intermediate-term bond funds, and the fund’s bond portion tends to exhibit a longer average duration compared to peers, reflecting a higher sensitivity to interest rates. Overall, the fund serves as a core holding in a diversified portfolio, aiming for consistent performance in various market conditions.
Performance
SBMIX had a total return of 8.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.14%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
95.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Vanguard Intermediate-Term Bond Index Fund | VBILX | 21.20% |
| Saratoga Large Capitalization Growth I | SLCGX | 20.54% |
| Saratoga Large Capitalization Value I | SLCVX | 16.65% |
| Saratoga Mid Capitalization I | SMIPX | 11.52% |
| Eaton Vance Glbl Macr Absolute Return I | EIGMX | 6.92% |
| Dreyfus Institutional Reserves Funds - Dreyfus Institutional Preferred Government Money Market Fund | DSVXX | 6.89% |
| Saratoga Small Capitalization I | SSCPX | 3.86% |
| Vanguard Total International Stock Index Fund Admiral Shares | VTIAX | 2.62% |
| Saratoga Technology & Communications Portfolio | STPIX | 2.45% |
| Vanguard Long-Term Bond Fund | VBLAX | 2.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.440 | Dec 16, 2024 |
| Dec 13, 2023 | $0.2742 | Dec 14, 2023 |
| Dec 14, 2022 | $0.5936 | Dec 15, 2022 |
| Dec 15, 2021 | $0.951 | Dec 15, 2021 |
| Dec 16, 2020 | $0.1528 | Dec 16, 2020 |
| Dec 16, 2019 | $0.3536 | Dec 16, 2019 |