Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Saratoga Investment Quality Bond I SIBPX
- NAV / 1-Day Return 9.13 / 0.00
- Total Assets 10.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.500%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 250
- Status Open
- TTM Yield 1.47%
- Effective Duration 5.09 years
USD | NAV as of May 07, 2024 | 1-Day Return as of May 07, 2024, 12:31 AM GMT+0
Morningstar’s Analysis SIBPX
Will SIBPX 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 95.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Vanguard Interm-Term Bond Index Adm | 65.22 | 7.0 Mil | — |
Vanguard Short-Term Bond Index Adm | 30.51 | 3.3 Mil | — |
Dreyfus Instl Preferred Govt MMkt Instl | 4.37 | 470,502 | Cash and Equivalents |
Cash | −0.10 | −11,090 | Cash and Equivalents |