Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 07/23/2021

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

James Alpha Event Driven Fund

JAESX | Fund

$10.00

$4.3 M

-

$0.00

2.11%

Vitals

YTD Return

-2.2%

1 yr return

27.3%

3 Yr Avg Return

7.0%

5 Yr Avg Return

N/A

Net Assets

$4.3 M

Holdings in Top 10

66.3%

52 WEEK LOW AND HIGH

$10.0
$9.07
$11.30

Expenses

OPERATING FEES

Expense Ratio 2.11%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 127.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 07/23/2021

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

James Alpha Event Driven Fund

JAESX | Fund

$10.00

$4.3 M

-

$0.00

2.11%

JAESX - Profile

Distributions

  • YTD Total Return -2.2%
  • 3 Yr Annualized Total Return 7.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.64%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    James Alpha Event Driven Fund
  • Fund Family Name
    Saratoga
  • Inception Date
    Aug 18, 2017
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Akos Beleznay

Fund Description

JAESX - Performance

Return Ranking - Trailing

Period JAESX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.2% -73.0% 19.4% 12.54%
1 Yr 27.3% -9.1% 86.9% 9.09%
3 Yr 7.0%* -9.5% 16.2% 23.29%
5 Yr N/A* -4.9% 14.4% N/A
10 Yr N/A* -0.9% 7.5% N/A

* Annualized

Return Ranking - Calendar

Period JAESX Return Category Return Low Category Return High Rank in Category (%)
2023 1.9% -22.7% 305.1% 49.26%
2022 4.7% -9.8% 27.3% 50.81%
2021 -6.4% -20.8% 10.9% 59.56%
2020 N/A -12.4% 29.4% N/A
2019 N/A -10.5% 15.8% N/A

Total Return Ranking - Trailing

Period JAESX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.2% -73.0% 19.4% 13.26%
1 Yr 27.3% -13.4% 86.9% 8.36%
3 Yr 7.0%* -9.5% 16.2% 21.69%
5 Yr N/A* -5.3% 14.4% N/A
10 Yr N/A* -0.9% 7.5% N/A

* Annualized

Total Return Ranking - Calendar

Period JAESX Return Category Return Low Category Return High Rank in Category (%)
2023 1.9% -22.7% 305.1% 49.26%
2022 4.7% -9.8% 27.3% 51.21%
2021 -4.1% -20.8% 10.9% 32.00%
2020 N/A -8.4% 29.4% N/A
2019 N/A -10.2% 18.0% N/A

NAV & Total Return History

JAESX - Holdings

Concentration Analysis

JAESX Category Low Category High JAESX % Rank
Net Assets 4.3 M 1.5 M 5.01 B 98.15%
Number of Holdings 66 4 4478 75.97%
Net Assets in Top 10 5.23 M -398 M 2.55 B 88.34%
Weighting of Top 10 66.28% 13.1% 100.0% 4.36%

Top 10 Holdings

  1. Recv Gs Hy Synth Corp 5yr 54.41%
  2. Recv Gs Hy Synth Corp 5yr 54.41%
  3. Recv Gs Hy Synth Corp 5yr 54.41%
  4. Recv Gs Hy Synth Corp 5yr 54.41%
  5. Recv Gs Hy Synth Corp 5yr 54.41%
  6. Recv Gs Hy Synth Corp 5yr 54.41%
  7. Recv Gs Hy Synth Corp 5yr 54.41%
  8. Recv Gs Hy Synth Corp 5yr 54.41%
  9. Recv Gs Hy Synth Corp 5yr 54.41%
  10. Recv Gs Hy Synth Corp 5yr 54.41%

Asset Allocation

Weighting Return Low Return High JAESX % Rank
Other 		44.50% -21.53% 148.54% 1.77%
Stocks 		26.78% -3.75% 97.95% 43.82%
Cash 		14.70% -6278.21% 410.43% 96.47%
Bonds 		12.11% -326.45% 6347.80% 37.10%
Convertible Bonds 		1.58% 0.00% 87.92% 22.61%
Preferred Stocks 		0.34% -0.12% 46.97% 26.15%

Stock Sector Breakdown

Weighting Return Low Return High JAESX % Rank
Financial Services 		14.62% 0.00% 59.28% 8.27%
Industrials 		13.71% 0.00% 21.45% 38.19%
Real Estate 		11.75% 0.00% 51.26% 68.50%
Energy 		10.68% 0.00% 100.00% 17.32%
Technology 		10.67% 0.00% 39.58% 53.54%
Healthcare 		9.52% 0.00% 45.63% 74.80%
Consumer Cyclical 		7.13% 0.00% 29.09% 49.61%
Consumer Defense 		6.84% 0.00% 13.62% 85.83%
Utilities 		5.47% 0.00% 9.23% 68.50%
Basic Materials 		4.92% 0.00% 27.46% 59.84%
Communication Services 		4.69% 0.00% 21.78% 77.56%

Stock Geographic Breakdown

Weighting Return Low Return High JAESX % Rank
US 		20.72% -8.85% 91.88% 53.36%
Non US 		6.06% -19.62% 42.11% 35.34%

Bond Sector Breakdown

Weighting Return Low Return High JAESX % Rank
Cash & Equivalents 		43.89% 0.27% 100.00% 71.73%
Corporate 		30.87% 0.00% 87.73% 15.90%
Derivative 		18.07% 0.00% 88.81% 14.13%
Securitized 		3.80% 0.00% 56.83% 22.97%
Government 		3.37% 0.00% 84.29% 73.50%
Municipal 		0.00% 0.00% 27.33% 23.32%

Bond Geographic Breakdown

Weighting Return Low Return High JAESX % Rank
US 		6.25% -126.19% 6311.18% 38.16%
Non US 		5.86% -382.37% 121.02% 16.96%

JAESX - Expenses

Operational Fees

JAESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.11% 0.29% 31.15% 27.34%
Management Fee 1.00% 0.00% 2.50% 47.35%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.30% 56.16%

Sales Fees

JAESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JAESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 18.18%

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.

JAESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 127.00% 0.00% 491.00% 45.16%

JAESX - Distributions

Dividend Yield Analysis

JAESX Category Low Category High JAESX % Rank
Dividend Yield 0.00% 0.00% 4.56% 4.59%

Dividend Distribution Analysis

JAESX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

JAESX Category Low Category High JAESX % Rank
Net Income Ratio 2.64% -2.51% 6.83% 7.19%

Capital Gain Distribution Analysis

JAESX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

JAESX - Fund Manager Analysis

Managers

Akos Beleznay

Start Date

Tenure

Tenure Rank

Aug 18, 2017

3.87

3.9%

Akos Beleznay serves as Chief Investment Officer of James Alpha Advisors, LLC and is responsible for managing research and asset allocation for the firm. Prior to joining James Alpha Advisors, LLC, Mr. Beleznay was the Chief Investment Officer at Riverside, the asset management arm of HFR (Hedge Fund Research, Inc.) managing over one billion dollars of fund of hedge fund products. Before Riverside, Mr. Beleznay served as the Chief Investment Officer at Commerce Asset Management and CSG Asset Management with responsibility for managing funds of hedge funds and a hedge fund index replication product. Mr. Beleznay also served as the Director of Consulting Research for Equitas Capital Advisors, LLC from 2002 to 2010 and the Chief Investment Officer of Equitas Evergreen Fund LP, a fund of hedge funds with $300 million in assets, from 2003 to 2010. Mr. Beleznay has a PhD degree in Physics from Eotvos Lorand University, Hungary and an MBA from Tulane University.

Kevin Greene

Start Date

Tenure

Tenure Rank

Aug 18, 2017

3.87

3.9%

Kevin R. Greene serves as a Managing Partner of James Alpha Advisors, LLC and is responsible for overseeing the day to day management of the firm. . Mr. Greene is the former Chairman & CEO of Capital Resource Holdings, LLC the holding company parent of CRA RogersCasey, one of the leading pension consulting firms in the United States. Prior to CRA RogersCasey, he founded Bryant Park Capital, a privately held investment bank specializing in private equity financing and mergers and acquisitions for both private and public companies in the United States and Europe. Since 1991, Mr. Greene has served as the Chairman and CEO of KR Group, an international consulting and investment banking firm which he founded.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 17.37 4.48 1.67

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.