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Trending ETFs

Mid Capitalization Portfolio

mutual fund
SPMCX
Payout Change
Suspended
Price as of:
$8.56 -0.11 -1.27%
primary theme
U.S. Mid-Cap Blend Equity
SPMCX (Mutual Fund)

Mid Capitalization Portfolio

Payout Change
Suspended
Price as of:
$8.56 -0.11 -1.27%
primary theme
U.S. Mid-Cap Blend Equity
SPMCX (Mutual Fund)

Mid Capitalization Portfolio

Payout Change
Suspended
Price as of:
$8.56 -0.11 -1.27%
primary theme
U.S. Mid-Cap Blend Equity

Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.56

$12.3 M

0.00%

2.70%

Vitals

YTD Return

4.0%

1 yr return

15.8%

3 Yr Avg Return

2.0%

5 Yr Avg Return

8.4%

Net Assets

$12.3 M

Holdings in Top 10

30.4%

52 WEEK LOW AND HIGH

$8.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.70%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 55.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$250

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.56

$12.3 M

0.00%

2.70%

SPMCX - Profile

Distributions

  • YTD Total Return 4.0%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 8.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.19%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Mid Capitalization Portfolio
  • Fund Family Name
    Saratoga Advantage Trust
  • Inception Date
    Jan 06, 2003
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Dennis Alff

Fund Description

The Portfolio will normally invest at least 80% of its total assets in equity securities of companies whose stock market capitalizations fall within the range of the capitalizations in the Russell Midcap® Index at the time of purchase. The market capitalization range of the Russell Midcap® Index at September 30, 2023 was $451.61 million to $54.49 billion. The Russell Midcap® Index is reconstituted annually in June of each year. Equity securities include common stocks, preferred stocks, securities convertible into common stocks and warrants. The Portfolio invests in securities of companies that are believed by the Adviser to be undervalued, thereby offering above-average potential for capital appreciation. The Portfolio may also invest in equity securities of foreign companies.

The Adviser invests in medium capitalization companies with a focus on total return using a bottom-up value-oriented investment process. The Adviser seeks companies with the following characteristics, although not all of the companies it selects will have these attributes:

companies earning a positive economic margin with stable-to-improving returns;
companies valued at a discount to their asset value; and
companies with an attractive dividend yield and minimal basis risk.

In selecting investments, the Adviser generally employs the following strategy:

value-driven investment philosophy that selects stocks selling at attractive values based upon business fundamentals, economic margin analysis, discounted cash flow models and historical valuation multiples. The Adviser reviews companies that it believes are out-of-favor or misunderstood;
use of value-driven screens to create a research universe of companies with market capitalizations of at least $1 billion; and
use of fundamental and risk analysis to construct a portfolio of securities that the Adviser believes has an attractive return potential.

Under adverse market conditions, the Portfolio may also make temporary investments in investment grade debt securities. Such investment strategies could result in the Portfolio not achieving its investment objective.

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SPMCX - Performance

Return Ranking - Trailing

Period SPMCX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -9.2% 18.8% 54.02%
1 Yr 15.8% -12.4% 38.0% 21.33%
3 Yr 2.0%* -20.7% 17.9% 70.51%
5 Yr 8.4%* -1.7% 22.1% 77.95%
10 Yr 5.3%* 1.5% 11.9% 87.91%

* Annualized

Return Ranking - Calendar

Period SPMCX Return Category Return Low Category Return High Rank in Category (%)
2023 12.7% -12.9% 28.8% 51.81%
2022 -14.9% -52.6% 20.1% 19.66%
2021 -2.4% -43.8% 32.4% 93.41%
2020 -3.0% -10.6% 82.1% 96.42%
2019 29.1% -8.5% 37.5% 7.59%

Total Return Ranking - Trailing

Period SPMCX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -9.2% 18.8% 54.02%
1 Yr 15.8% -12.4% 38.0% 21.33%
3 Yr 2.0%* -20.7% 17.9% 70.51%
5 Yr 8.4%* -1.7% 22.1% 77.95%
10 Yr 5.3%* 1.5% 11.9% 87.91%

* Annualized

Total Return Ranking - Calendar

Period SPMCX Return Category Return Low Category Return High Rank in Category (%)
2023 14.8% 1.2% 31.3% 60.17%
2022 -12.5% -45.7% 21.1% 24.72%
2021 19.3% -30.2% 52.8% 85.10%
2020 9.1% -8.4% 84.3% 74.93%
2019 29.1% 1.0% 43.4% 36.08%

NAV & Total Return History


SPMCX - Holdings

Concentration Analysis

SPMCX Category Low Category High SPMCX % Rank
Net Assets 12.3 M 728 K 160 B 94.46%
Number of Holdings 57 1 2667 71.19%
Net Assets in Top 10 3.75 M 224 K 12.8 B 94.74%
Weighting of Top 10 30.41% 4.3% 100.0% 32.50%

Top 10 Holdings

  1. DOORDASH INC-A 4.10%
  2. MONOLITHIC POWER 3.77%
  3. MONGODB INC 3.34%
  4. MARVELL TECHNOLO 3.08%
  5. IQVIA HOLDINGS I 3.04%
  6. DIAMONDBACK ENER 2.72%
  7. CONSTELLIUM SE 2.68%
  8. VULCAN MATERIALS 2.64%
  9. VISTRA CORP 2.54%
  10. TECHNIPFMC PLC 2.49%

Asset Allocation

Weighting Return Low Return High SPMCX % Rank
Stocks
99.38% 14.60% 108.70% 26.87%
Cash
1.86% 0.00% 27.80% 49.03%
Preferred Stocks
0.00% 0.00% 13.94% 73.41%
Other
0.00% -0.06% 23.02% 76.18%
Convertible Bonds
0.00% 0.00% 1.78% 72.85%
Bonds
0.00% 0.00% 62.14% 75.90%

Stock Sector Breakdown

Weighting Return Low Return High SPMCX % Rank
Utilities
17.62% 0.00% 18.97% 2.50%
Industrials
17.47% 0.00% 45.89% 42.78%
Technology
12.94% 0.00% 40.65% 79.72%
Healthcare
12.62% 0.00% 24.06% 23.06%
Financial Services
11.49% 0.00% 46.10% 82.22%
Energy
8.54% 0.00% 58.13% 11.67%
Basic Materials
7.21% 0.00% 16.35% 16.39%
Consumer Cyclical
5.50% 2.49% 46.48% 95.00%
Communication Services
3.34% 0.00% 30.98% 33.33%
Consumer Defense
1.68% 0.00% 32.18% 94.17%
Real Estate
1.58% 0.00% 25.82% 86.39%

Stock Geographic Breakdown

Weighting Return Low Return High SPMCX % Rank
US
99.38% 14.60% 108.70% 25.48%
Non US
0.00% 0.00% 10.11% 77.56%

SPMCX - Expenses

Operational Fees

SPMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.70% 0.03% 19.40% 2.79%
Management Fee 0.75% 0.00% 1.50% 74.09%
12b-1 Fee 1.00% 0.00% 1.00% 92.94%
Administrative Fee N/A 0.01% 0.30% 73.98%

Sales Fees

SPMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 4.00% 69.44%

Trading Fees

SPMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 50.00%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SPMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 55.00% 0.00% 304.00% 62.11%

SPMCX - Distributions

Dividend Yield Analysis

SPMCX Category Low Category High SPMCX % Rank
Dividend Yield 0.00% 0.00% 29.78% 95.01%

Dividend Distribution Analysis

SPMCX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

SPMCX Category Low Category High SPMCX % Rank
Net Income Ratio -1.19% -2.06% 3.38% 98.33%

Capital Gain Distribution Analysis

SPMCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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SPMCX - Fund Manager Analysis

Managers

Dennis Alff


Start Date

Tenure

Tenure Rank

Apr 30, 2006

16.1

16.1%

Mr. Alff has been a Senior Portfolio Manager at Vaughan Nelson since 2006. He began his investment career since 1997 and has also served as Vice President, Credit Arbitrage and Asset Investments at Koch Capital Markets and Project Leader at The Boston Consulting Group.

Christopher Wallis


Start Date

Tenure

Tenure Rank

Apr 30, 2006

16.1

16.1%

Christopher D. Wallis, CFA, is Senior Portfolio Manager. Mr. Wallis received his BBA in Accounting from Baylor University in 1991 and his MBA in 1998 from Harvard Business School. Mr. Wallis holds the Chartered Financial Analyst designation and is a Certified Public Accountant for the State of Texas. Prior to joining Vaughan Nelson Investment Management in 1999, he was an Associate at Simmons & Company International.

Chad Fargason


Start Date

Tenure

Tenure Rank

Nov 01, 2013

8.58

8.6%

Dr. Fargason has been a Senior Portfolio Manager at Vaughan Nelson since 2013. Before joining Vaughan Nelson, he was a Director at KKR&Co. from 2003 to 2013. Prior to that, he also served as a Senior Vice President at El Paso Corp. and Project Leader at The Boston Consulting Group.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 38.44 7.26 5.78