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Morningstar

Saratoga Investment Quality Bond A SQBAX

Morningstar Analyst Rating
Quantitative rating as of | See Saratoga Investment Hub
  • NAV / 1-Day Return 9.14  /  0.11 %
  • Total Assets 11.4 Mil
  • Adj. Expense Ratio
    2.300%
  • Expense Ratio 2.410%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 0.15%
  • Effective Duration 1.09 years

USD | NAV as of Feb 06, 2023 | 1-Day Return as of Feb 06, 2023, 11:32 PM GMT+00:00

Morningstar’s Analysis SQBAX

Will SQBAX 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 SQBAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the SQBAX 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 SQBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

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Weakness in Saratoga Investment Quality 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 most expensive quintile among peers.

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