Saratoga Moderate Balanced Allc I (SBMIX)

Fund Assets	2.53M
Expense Ratio	2.10%
Min. Investment	$2,500
Turnover	18.00%
Dividend (ttm)	1.23
Dividend Yield	9.68%
Dividend Growth	179.07%
Payout Frequency	Annual
Ex-Dividend Date	Dec 10, 2025

Previous Close	12.70
YTD Return	4.70%
1-Year Return	8.27%
5-Year Return	34.26%
52-Week Low	11.55
52-Week High	13.41
Beta (5Y)	0.65
Holdings	12
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.

• Fund Family: Saratoga
• Category: Allocation--50% to 70% Equity
• Performance Rating: Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: SBMIX
• Share Class: Class I
• Index: Index is not available on Lipper Database

Performance

SBMIX had a total return of 8.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.94%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VTMFX	Vanguard	Vanguard Tax-Managed Balanced Fund Admiral Shares	0.05%
VSCGX	Vanguard	Vanguard LifeStrategy 40/60 Fund Investor Shares	0.10%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
SMPAX	Class A	2.35%
SBMCX	Class C	3.10%

Top 10 Holdings

98.09% of assets

Name	Symbol	Weight
Vanguard Intermediate-Term Bond Index Fund Admiral Shares	VBILX	20.71%
Saratoga Large Capitalization Growth Portfolio Fund Class Institutional	SLCGX	17.02%
Saratoga Large Capitalization Value Fund Class Institutional	SLCVX	15.23%
Saratoga Mid Capitalization Portfolio Fund Class Institutional	SMIPX	15.02%
BNY Dreyfus Instl Pref Govt MMkt Instl	DSVXX	9.15%
Eaton Vance Global Macro Absolute Return Fund Class I	EIGMX	5.81%
Saratoga Small Capitalization Portfolio Fund Class Institutional	SSCPX	5.50%
Saratoga Technology & Communications Portfolio Class Institutional	STPIX	3.86%
Vanguard Total International Stock Index Fund Admiral Shares	VTIAX	3.28%
Vanguard Short-Term Bond Index Fund Admiral Shares	VBIRX	2.51%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 10, 2025	$1.2279	Dec 11, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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