Weakness in Saratoga Municipal Bond A's Process and People Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. 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.
- NAV / 1-Day Return 8.59 / 0.12 %
- Total Assets 635,359.0
Adj. Expense Ratio
- Expense Ratio 3.430%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity Medium / Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 0.00
- Effective Duration 0.81 years
Morningstar’s Analysis SMBAX
Will SMBAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.