Saratoga Mid Capitalization Portfolio Fund Class C (SPMCX)
| Fund Assets | 10.89M |
| Expense Ratio | 2.63% |
| Min. Investment | $250 |
| Turnover | 129.00% |
| Dividend (ttm) | 2.12 |
| Dividend Yield | 26.36% |
| Dividend Growth | 1,374.60% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 8.06 |
| YTD Return | 6.57% |
| 1-Year Return | 14.10% |
| 5-Year Return | 83.69% |
| 52-Week Low | 6.39 |
| 52-Week High | 10.53 |
| Beta (5Y) | n/a |
| Holdings | 61 |
| Inception Date | Jul 1, 2002 |
About SPMCX
The Saratoga Mid Capitalization Portfolio Fund Class C is a mutual fund that primarily seeks long-term capital appreciation by investing at least 80% of its assets in equity securities of mid-sized U.S. companies. These companies typically have market capitalizations between $1 billion and $15 billion at the time of purchase, placing the fund in the mid-cap blend category. The fund employs a research-driven, disciplined valuation methodology to identify temporary inefficiencies in the mid-cap market, aiming to invest in companies trading below their intrinsic value. Managed by Vaughan Nelson Investment Management, a firm known for its fundamental research approach, the fund is designed to provide diversification across various industries within the U.S. equity market. Since its inception in 2002, the fund has targeted investors looking for exposure to the growth and stability potential often associated with mid-cap stocks, striking a balance between the dynamism of smaller firms and the established nature of larger corporations. The Saratoga Mid Capitalization Portfolio Fund Class C plays a significant role for investors seeking a core equity holding that captures opportunities in the U.S. mid-cap segment.
Performance
SPMCX had a total return of 14.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.87%.
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 12, 2018 | $1.1519 | Dec 12, 2018 |