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 8.64 / 0.00
- Total Assets 579,044.0
-
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 Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:12 AM 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 92.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Vanguard Interm-Term Tx-Ex Adm | 85.44 | 488,345 | — |
Vanguard Ultra Short-Term Tx-Ex Adm | 7.13 | 40,778 | — |
Dreyfus Tx-Ex Cash Mgmt Instl | 6.52 | 37,246 | Corporate |
Cash | 0.91 | 5,180 | Cash and Equivalents |
Us Dollars | 0.00 | 6 | Cash and Equivalents |