Saratoga Mid Capitalization Portfolio Fund Class Institutional (SMIPX)
| Fund Assets | 10.89M |
| Expense Ratio | 1.63% |
| Min. Investment | $250 |
| Turnover | 129.00% |
| Dividend (ttm) | 2.12 |
| Dividend Yield | 14.67% |
| Dividend Growth | 1,374.60% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 14.57 |
| YTD Return | 6.39% |
| 1-Year Return | 14.50% |
| 5-Year Return | 91.87% |
| 52-Week Low | 11.46 |
| 52-Week High | 17.11 |
| Beta (5Y) | n/a |
| Holdings | 61 |
| Inception Date | Jan 6, 2003 |
About SMIPX
Saratoga Advantage Trust: Mid Capitalization Portfolio; Class I Shares is an open-end mutual fund specializing in U.S. mid-cap equities. Its primary objective is long-term capital appreciation, achieved by investing at least 80% of its assets in equity securities of American companies with market capitalizations typically ranging from $1 billion to $15 billion at the time of purchase. The fund employs a core equity strategy, seeking opportunities among companies that are considered undervalued due to temporary inefficiencies or market mispricings. Managed by Vaughan Nelson Investment Management, the portfolio’s investment approach is grounded in disciplined fundamental research and valuation analysis, aiming to identify mid-sized firms trading below their intrinsic value. This fund is notable for its diversified exposure to the mid-cap segment, which historically offers a balance of growth potential and stability, positioned between the large-cap and small-cap sectors. Since its inception in January 2003, the fund has served institutional and individual investors seeking professional management and access to a broad array of mid-cap U.S. companies, often benchmarking its performance against the Russell Midcap Index and the Morningstar Mid Capitalization Blend Average.
Performance
SMIPX had a total return of 14.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.69%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
29.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Tradeweb Markets Inc. | TW | 3.84% |
| Hubbell Incorporated | HUBB | 3.18% |
| Axon Enterprise, Inc. | AXON | 3.17% |
| Westinghouse Air Brake Technologies Corporation | WAB | 3.07% |
| Burlington Stores, Inc. | BURL | 2.99% |
| Vulcan Materials Company | VMC | 2.93% |
| Performance Food Group Company | PFGC | 2.65% |
| Reinsurance Group of America, Incorporated | RGA | 2.62% |
| AutoZone, Inc. | AZO | 2.51% |
| BJ's Wholesale Club Holdings, Inc. | BJ | 2.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $2.1249 | Dec 11, 2024 |
| Dec 8, 2023 | $0.1441 | Dec 11, 2023 |
| Dec 9, 2022 | $0.2085 | Dec 12, 2022 |
| Dec 10, 2021 | $1.9091 | Dec 13, 2021 |
| Dec 11, 2020 | $1.1088 | Dec 11, 2020 |
| Dec 11, 2019 | $0.0475 | Dec 11, 2019 |