Fund Evaluator:

Saratoga Aggressive Balanced Allc A Overview

Saratoga Aggressive Balanced Allc A (SABAX) is an actively managed Allocation Moderately Aggressive Allocation fund. Saratoga launched the fund in 2017.

The investment seeks total return consisting of capital appreciation and income. The Portfolio's main investment strategy is to invest in other Saratoga Advantage Trust mutual funds (the "Saratoga Funds") and/or unaffiliated registered investment companies and exchange-traded funds ("ETFs") (together with the Saratoga Funds, the "underlying funds"). It will invest in equity, fixed income and alternative instruments through its investments in the underlying funds.

About Saratoga Aggressive Balanced Allc A (SABAX)

There are 3 members of the management team with an average tenure of 8.59 years: Bruce Ventimiglia (2017), Stephen Ventimiglia (2017), Jonathan Ventimiglia (2017). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Morningstar Mod Agg Tgt Risk TR USD index with a weighting of 100% and Morningstar US Mod Agg All Cat TR USD index with a weighting of 100%. Saratoga Aggressive Balanced Allc A has 13 securities in its portfolio. The top 10 holdings constitute 98.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Saratoga Aggressive Balanced Allc A is part of the Allocation global asset class and is within the Allocation fund group. Saratoga Aggressive Balanced Allc A has 12.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 62.6%. There is 8.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 18.9% (15.7% domestic bond, 3.2% foreign bond and 0.0% convertible bond). Saratoga Aggressive Balanced Allc A has 9.6% of the portfolio in cash.

Assets Under Management

The fund has $174 million in total assets, which is below the $570 million average for the Moderately Aggressive Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

SABAX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Saratoga Aggressive Balanced Allc A expense ratio is high compared to funds in the Moderately Aggressive Allocation category. Saratoga Aggressive Balanced Allc A has an expense ratio of 2.53%, which is 147% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Saratoga Aggressive Balanced Allc A has a portfolio turnover rate of 3%, indicating that holds its assets around 0.3 years. By way of comparison, the average portfolio turnover is 34% for the Moderately Aggressive Allocation category.

Recently, in the month of July 2026, Saratoga Aggressive Balanced Allc A returned -3.5%, which earned it a grade of F, as the Moderately Aggressive Allocation category had an average return of -0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Saratoga Aggressive Balanced Allc A has a trailing yield of 2.03%, which is above the 1.47% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Saratoga Aggressive Balanced Allc A Grades

Year to date, the fund has returned 4.6%, 5.2 percentage points worse than the category, which translates into a grade of F. The fund has returned 9.8% over the past year (grade of F), 11.4% over the past three years (grade of F) and 6.2% per year over the past five years (grade of F).

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