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 Investment Quality Bond A SQBAX
- NAV / 1-Day Return 9.15 / −0.11 %
- Total Assets 10.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.900%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 1.07%
- Effective Duration 5.07 years
USD | NAV as of Mar 29, 2024 | 1-Day Return as of Mar 29, 2024, 12:14 AM GMT+0
Morningstar’s Analysis SQBAX
Will SQBAX 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 94.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Vanguard Interm-Term Bond Index Adm | 64.37 | 7.1 Mil | — |
Vanguard Short-Term Bond Index Adm | 29.94 | 3.3 Mil | — |
Dreyfus Instl Preferred Govt MMkt Instl | 5.79 | 637,288 | Cash and Equivalents |
Cash | −0.10 | −10,655 | Cash and Equivalents |