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Morningstar

Saratoga Mid Capitalization A SPMAX

Morningstar Medalist Rating
Medalist Rating as of | See Saratoga Investment Hub
  • NAV / 1-Day Return 11.91  /  −1.24 %
  • Total Assets 12.1 Mil
  • Adj. Expense Ratio
    2.100%
  • Expense Ratio 2.100%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Mid-Cap Blend
  • Investment Style Mid Growth
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield —
  • Turnover 68%

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 12:16 AM GMT+0

Morningstar’s Analysis SPMAX

Will SPMAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SPMAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SPMAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SPMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Saratoga Mid Capitalization A to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SPMAX

More SPMAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

DoorDash Inc Ordinary Shares - Class A

4.05 505,131
Communication Services

Monolithic Power Systems Inc

3.72 464,426
Technology

MongoDB Inc Class A

3.30 411,774
Technology

Marvell Technology Inc

3.05 379,798
Technology

IQVIA Holdings Inc

3.00 374,447
Healthcare

Diamondback Energy Inc

2.69 334,924
Energy

Constellium SE Class A

2.65 329,921
Basic Materials

Vulcan Materials Co

2.61 325,666
Basic Materials

Vistra Corp

2.51 313,060
Utilities

TechnipFMC PLC

2.46 306,914
Energy