Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.4%
1 yr return
23.6%
3 Yr Avg Return
1.6%
5 Yr Avg Return
10.5%
Net Assets
$7.39 M
Holdings in Top 10
20.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.83%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 103.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SSCPX - Profile
Distributions
- YTD Total Return 3.4%
- 3 Yr Annualized Total Return 1.6%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.61%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameSmall Capitalization Portfolio
-
Fund Family NameSaratoga Advantage Trust
-
Inception DateJul 02, 1998
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMitch Zacks
Fund Description
The Portfolio will normally invest at least 80% of its total assets in common stocks of companies whose stock market capitalizations fall within the range of capitalizations in the Russell 2000® Index. The market capitalization range of the Russell 2000® Index at September 30, 2023 was $159.5 million to $4.2 billion. The Russell 2000® Index is reconstituted annually at the midpoint of the calendar year. The Portfolio will also occasionally invest a portion of its assets in mid-cap stocks that are small relative to their industries that the Adviser believes have compelling valuations and fundamentals, and it will not immediately sell a security that was bought as a small-cap stock but through appreciation has become a mid-cap stock. In selecting securities for the Portfolio, the Adviser begins with a screening process that seeks to identify growing companies whose stocks sell at discounted price-to-earnings and price-to-cash flow multiples. The Adviser also attempts to discern situations where intrinsic asset values are not widely recognized. The Adviser favors such higher-quality companies that generate strong cash flow, provide above-average free cash flow yields and maintain sound balance sheets. Rigorous fundamental analysis, from both a quantitative and qualitative standpoint, is applied to all investment candidates. While the Adviser employs a disciplined “bottom-up” approach that attempts to identify undervalued stocks, it nonetheless is sensitive to emerging secular trends. The Adviser does not, however, rely on macroeconomic forecasts in its stock selection efforts and prefers to remain fully invested. 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.
SSCPX - Performance
Return Ranking - Trailing
Period | SSCPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | -8.8% | 15.1% | 30.58% |
1 Yr | 23.6% | -3.0% | 54.4% | 10.74% |
3 Yr | 1.6%* | -25.7% | 57.4% | 5.95% |
5 Yr | 10.5%* | -4.8% | 43.6% | 10.34% |
10 Yr | 6.6%* | 1.3% | 24.2% | 83.59% |
* Annualized
Return Ranking - Calendar
Period | SSCPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.2% | -20.5% | 54.6% | 44.44% |
2022 | -24.9% | -82.1% | 32.2% | 15.03% |
2021 | -0.4% | -90.6% | 300.1% | 31.41% |
2020 | 25.3% | -63.0% | 127.9% | 62.43% |
2019 | 23.7% | -7.7% | 42.9% | 42.77% |
Total Return Ranking - Trailing
Period | SSCPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | -8.8% | 15.1% | 30.58% |
1 Yr | 23.6% | -3.0% | 54.4% | 10.74% |
3 Yr | 1.6%* | -25.7% | 57.4% | 5.95% |
5 Yr | 10.5%* | -4.8% | 43.6% | 10.34% |
10 Yr | 6.6%* | 1.3% | 24.2% | 83.59% |
* Annualized
Total Return Ranking - Calendar
Period | SSCPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.2% | -19.0% | 136.8% | 57.50% |
2022 | -17.4% | -59.9% | 44.3% | 6.98% |
2021 | 24.5% | -22.7% | 411.9% | 7.58% |
2020 | 25.4% | 1.5% | 150.8% | 85.61% |
2019 | 23.7% | 5.5% | 55.3% | 83.43% |
NAV & Total Return History
SSCPX - Holdings
Concentration Analysis
SSCPX | Category Low | Category High | SSCPX % Rank | |
---|---|---|---|---|
Net Assets | 7.39 M | 207 K | 34.3 B | 97.74% |
Number of Holdings | 104 | 7 | 1180 | 42.51% |
Net Assets in Top 10 | 1.52 M | 52.5 K | 2.83 B | 98.26% |
Weighting of Top 10 | 20.59% | 7.1% | 100.1% | 63.87% |
Top 10 Holdings
- DREYFUS-INS-IS 3.16%
- EMCOR GROUP INC 2.21%
- MADISON SQUARE G 2.06%
- SYLVAMO CORP 2.00%
- SUMMIT MATERIA-A 1.96%
- APPLIED INDU TEC 1.91%
- ARVINAS INC 1.88%
- VEECO INSTRUMENT 1.82%
- SIMPSON MFG 1.82%
- MESA LABS 1.76%
Asset Allocation
Weighting | Return Low | Return High | SSCPX % Rank | |
---|---|---|---|---|
Stocks | 96.25% | 77.88% | 108.99% | 80.14% |
Cash | 3.75% | 0.00% | 26.25% | 24.91% |
Preferred Stocks | 0.00% | 0.00% | 3.53% | 47.21% |
Other | 0.00% | -0.22% | 5.89% | 59.23% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 41.81% |
Bonds | 0.00% | 0.00% | 3.22% | 40.42% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SSCPX % Rank | |
---|---|---|---|---|
Industrials | 21.67% | 0.00% | 36.64% | 11.50% |
Consumer Cyclical | 16.98% | 0.00% | 24.04% | 11.50% |
Financial Services | 16.12% | 0.00% | 42.95% | 11.32% |
Technology | 11.69% | 2.91% | 75.51% | 95.82% |
Energy | 10.47% | 0.00% | 55.49% | 3.66% |
Healthcare | 7.17% | 0.00% | 47.90% | 95.82% |
Basic Materials | 4.56% | 0.00% | 9.24% | 15.68% |
Consumer Defense | 4.34% | 0.00% | 13.56% | 42.86% |
Communication Services | 4.19% | 0.00% | 15.31% | 18.47% |
Real Estate | 2.80% | 0.00% | 15.31% | 39.72% |
Utilities | 0.00% | 0.00% | 5.57% | 59.23% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SSCPX % Rank | |
---|---|---|---|---|
US | 96.25% | 30.27% | 102.09% | 69.51% |
Non US | 0.00% | 0.00% | 61.74% | 53.83% |
SSCPX - Expenses
Operational Fees
SSCPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.83% | 0.05% | 23.20% | 17.10% |
Management Fee | 0.65% | 0.05% | 1.62% | 18.67% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | 73.73% |
Sales Fees
SSCPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
SSCPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 7.94% |
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.
SSCPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 103.00% | 3.00% | 439.00% | 78.80% |
SSCPX - Distributions
Dividend Yield Analysis
SSCPX | Category Low | Category High | SSCPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.01% | 51.57% |
Dividend Distribution Analysis
SSCPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
SSCPX | Category Low | Category High | SSCPX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.61% | -2.47% | 1.10% | 39.40% |
Capital Gain Distribution Analysis
SSCPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jul 22, 2020 | $0.001 | DailyAccrualFund |
Feb 16, 1996 | $0.001 | OrdinaryDividend |
SSCPX - Fund Manager Analysis
Managers
Mitch Zacks
Start Date
Tenure
Tenure Rank
Aug 14, 2015
6.8
6.8%
Mitch is the senior portfolio manager at Zacks Investment Management and oversees all investment research activities at the firm. Mitch is an expert on quantitative investment strategies and developed many of the proprietary models used by the firm. Mitch wrote a weekly finance column for the Chicago Sun- Times and has written two books on quantitative investment strategies: Ahead of the Market, Harper Collins 2003, which focuses on the earnings estimate revision investment anomaly and The Little Book of Stock Market Profits, which was published in 2011 and provides an overview of several other significant equity investment anomalies. Prior to joining Zacks Investment Management in 1997, Mitch was an investment banking analyst at Lazard Freres in New York. Mitch graduated cum laude from Yale University with distinction in his major of Economics. He received his M.B.A with high honors in his concentration of Analytic Finance and Statistics from the University of Chicago.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.44 | 9.03 | 5.25 |