Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Saratoga Municipal Bond A SMBAX
- NAV / 1-Day Return 8.56 / +0.12 %
- Total Assets 571,022.0
-
Adj. Expense Ratio
- Expense Ratio 3.710%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2,500
- Status Open
- TTM Yield —
- Effective Duration 5.09 years
USD | NAV as of May 01, 2024 | 1-Day Return as of May 01, 2024, 10:14 PM GMT+0
Morningstar’s Analysis SMBAX
Will SMBAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 97.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Vanguard Interm-Term Tx-Ex Adm | 85.54 | 494,942 | — |
Vanguard Ultra Short-Term Tx-Ex Adm | 7.04 | 40,710 | — |
Dreyfus Tx-Ex Cash Mgmt Instl | 6.30 | 36,441 | Corporate |
Cash | 1.12 | 6,493 | Cash and Equivalents |
Us Dollars | 0.00 | 6 | Cash and Equivalents |