Saratoga Mid Capitalization Portfolio Fund Class A (SPMAX)
| Fund Assets | 10.89M |
| Expense Ratio | 2.03% |
| Min. Investment | $250 |
| Turnover | 129.00% |
| Dividend (ttm) | 2.12 |
| Dividend Yield | 16.80% |
| Dividend Growth | 1,374.60% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 11.93 |
| YTD Return | 6.05% |
| 1-Year Return | 13.93% |
| 5-Year Return | 87.89% |
| 52-Week Low | 9.45 |
| 52-Week High | 14.51 |
| Beta (5Y) | 0.95 |
| Holdings | 61 |
| Inception Date | Jul 1, 2002 |
About SPMAX
The Saratoga Advantage Trust: Mid Capitalization Portfolio Fund Class A is a diversified open-end mutual fund that invests predominantly in equity securities of U.S. mid-cap companies. With a focus on firms whose market capitalizations generally range from $1 billion to $15 billion, the fund aims to achieve long-term capital appreciation by targeting opportunities in a segment often perceived as balancing the growth potential of smaller firms with the relative stability of larger corporations. Its strategy is rooted in disciplined fundamental research, seeking companies trading below their intrinsic value due to temporary inefficiencies or overlooked prospects within the mid-cap universe. Typically holding around 60–62 stocks, the fund provides investors with broad sector and industry exposure, spanning areas such as consumer cyclicals, technology, basic materials, financial services, and healthcare. Managed under the Saratoga Advantage Trust umbrella, this fund offers professional money management and serves as a core component for those seeking to diversify their portfolios with mid-cap equities. The fund pays annual dividends and is suitable for investors who prefer a managed approach to accessing mid-cap U.S. equity markets.
Performance
SPMAX had a total return of 13.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.22%.
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 | $1.8692 | Dec 13, 2021 |
| Dec 11, 2020 | $1.0662 | Dec 11, 2020 |
| Dec 11, 2019 | $0.0013 | Dec 11, 2019 |