Saratoga Mid Capitalization Portfolio Fund Class Institutional (SMIPX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.16
-0.15 (-1.05%)
Jul 7, 2025, 9:30 AM EDT
1.94%
Fund Assets 10.48M
Expense Ratio 1.63%
Min. Investment $250
Turnover 129.00%
Dividend (ttm) 2.12
Dividend Yield 14.85%
Dividend Growth 1,374.60%
Payout Frequency Annual
Ex-Dividend Date Dec 10, 2024
Previous Close 14.31
YTD Return 4.19%
1-Year Return 17.13%
5-Year Return 96.57%
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.

Fund Family Saratoga
Category Mid-Cap Blend
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol SMIPX
Share Class - Class I
Index Russell MidCap TR

Performance

SMIPX had a total return of 17.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.62%.

Chart

Bar chart with 6 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 4.185 to 17.128.
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Equivalent Funds

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

Symbol Provider Name Expense Ratio
FMEIX Fidelity Fidelity® Mid Cap Enhanced Index Fund 0.45%
SWMCX Schwab Schwab ® U.S. Mid-Cap Index Fund 0.04%
FLAPX Fidelity Fidelity Flex Mid Cap Index Fund n/a
FSMDX Fidelity Fidelity Mid Cap Index Fund 0.03%

Other Share Classes

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

Symbol Share Class Expense Ratio
SPMAX - Class A 2.03%
SPMCX - Class C 2.63%

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 2.64%
Reinsurance Group of America, Incorporated RGA 2.62%
AutoZone, Inc. AZO 2.51%
BJ's Wholesale Club Holdings, Inc. BJ 2.23%
View More Holdings

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
Full Dividend History