Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.4%
1 yr return
8.8%
3 Yr Avg Return
12.1%
5 Yr Avg Return
3.4%
Net Assets
$1.33 M
Holdings in Top 10
38.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.52%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 81.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SBMBX - Profile
Distributions
- YTD Total Return 4.4%
- 3 Yr Annualized Total Return 12.1%
- 5 Yr Annualized Total Return 3.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.97%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameEnergy & Basic Materials Portfolio
-
Fund Family NameSaratoga Advantage Trust
-
Inception DateJan 06, 2003
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Brim
Fund Description
The Portfolio will normally invest at least 80% of its total assets in equity securities issued by U.S. and foreign Energy and Basic Materials Companies, regardless of their stock market value (or “market capitalization”). The Portfolio utilizes the Standard & Poor’s classification system for purposes of determining whether a company is an “Energy or Basic Materials Company.” Standard & Poor’s maintains a proprietary classification system similar to the North American Industry Classification System, which classifies companies according to industry sectors and groups. Companies classified as Energy or Basic Materials Companies by Standard & Poor’s are involved in the exploration, development, production, refining or distribution of oil, natural gas, coal and uranium, the construction or provision of oil rigs, drilling equipment and other energy related services and equipment, basic materials such as metals, minerals, chemicals, water, forest product, precious metals, glass and industrial gases or provide materials, products or services to such companies. Equity securities include common stocks, depositary receipts, securities convertible into common stocks, preferred stocks and warrants. Standard & Poor’s classifications are utilized to identify sectors.
The Adviser employs quantitative and qualitative analysis that seeks to identify reasonably valued, high quality companies within the energy and basic materials sectors. The Adviser’s selection process incorporates a multi-factor valuation framework, capital structure and financial quality analysis. The valuation framework includes, but is not limited to, analysis of price to earnings, price to sales, price to book and price to operating cash flow. Valuation methodology is industry-specific within the energy and basic materials sectors.
This process produces a list of eligible companies which are then subjected to analysis by the Adviser to further understand each company’s business prospects and earnings potential. The Adviser uses the results of this analysis to construct the Portfolio’s security positions.
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.
SBMBX - Performance
Return Ranking - Trailing
Period | SBMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -15.8% | 23.2% | 36.79% |
1 Yr | 8.8% | -31.6% | 72.1% | 35.24% |
3 Yr | 12.1%* | -14.3% | 28.7% | 25.00% |
5 Yr | 3.4%* | -4.7% | 22.3% | 94.95% |
10 Yr | -2.0%* | -7.4% | 12.0% | 93.98% |
* Annualized
Return Ranking - Calendar
Period | SBMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.3% | -13.1% | 52.1% | 33.33% |
2022 | 16.4% | -34.9% | 34.0% | 25.00% |
2021 | 24.6% | -4.9% | 83.5% | 47.06% |
2020 | -20.2% | -23.4% | 126.4% | 93.00% |
2019 | -1.0% | -25.1% | 36.9% | 94.95% |
Total Return Ranking - Trailing
Period | SBMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -15.8% | 23.2% | 36.79% |
1 Yr | 8.8% | -31.6% | 72.1% | 35.24% |
3 Yr | 12.1%* | -14.3% | 28.7% | 25.00% |
5 Yr | 3.4%* | -4.7% | 22.3% | 94.95% |
10 Yr | -2.0%* | -7.4% | 12.0% | 93.98% |
* Annualized
Total Return Ranking - Calendar
Period | SBMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.3% | -12.2% | 57.6% | 44.76% |
2022 | 19.6% | -32.2% | 35.5% | 24.04% |
2021 | 25.6% | -2.5% | 83.6% | 64.71% |
2020 | -19.2% | -22.2% | 127.8% | 94.00% |
2019 | -1.0% | -25.1% | 38.7% | 94.95% |
NAV & Total Return History
SBMBX - Holdings
Concentration Analysis
SBMBX | Category Low | Category High | SBMBX % Rank | |
---|---|---|---|---|
Net Assets | 1.33 M | 1.33 M | 6.25 B | 98.13% |
Number of Holdings | 46 | 23 | 445 | 59.81% |
Net Assets in Top 10 | 627 K | 627 K | 3.57 B | 98.13% |
Weighting of Top 10 | 38.64% | 16.6% | 77.8% | 75.70% |
Top 10 Holdings
- EXXON MOBIL CORP 6.17%
- CHEVRON CORP 6.11%
- LINDE PLC 3.90%
- SHELL PLC-ADR 3.72%
- DREYFUS-INS-IS 3.72%
- ENI SPA-ADR 3.20%
- CONOCOPHILLIPS 3.17%
- TOTALENER-SP ADR 3.13%
- SUNCOR ENERGY 2.77%
- GLENCORE PLC-ADR 2.75%
Asset Allocation
Weighting | Return Low | Return High | SBMBX % Rank | |
---|---|---|---|---|
Stocks | 95.80% | 0.00% | 104.40% | 86.92% |
Cash | 4.20% | 0.00% | 22.14% | 23.36% |
Preferred Stocks | 0.00% | 0.00% | 7.55% | 45.79% |
Other | 0.00% | -0.01% | 21.04% | 50.47% |
Convertible Bonds | 0.00% | 0.00% | 0.43% | 42.06% |
Bonds | 0.00% | 0.00% | 81.02% | 46.73% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SBMBX % Rank | |
---|---|---|---|---|
Energy | 58.09% | 0.00% | 89.67% | 15.89% |
Basic Materials | 36.80% | 2.49% | 100.00% | 50.47% |
Consumer Cyclical | 5.11% | 0.00% | 43.37% | 23.36% |
Utilities | 0.00% | 0.00% | 35.93% | 71.03% |
Technology | 0.00% | 0.00% | 17.68% | 65.42% |
Real Estate | 0.00% | 0.00% | 36.20% | 56.07% |
Industrials | 0.00% | 0.00% | 63.67% | 92.52% |
Healthcare | 0.00% | 0.00% | 22.67% | 59.81% |
Financial Services | 0.00% | 0.00% | 4.52% | 50.47% |
Communication Services | 0.00% | 0.00% | 0.21% | 39.25% |
Consumer Defense | 0.00% | 0.00% | 33.96% | 68.22% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SBMBX % Rank | |
---|---|---|---|---|
US | 95.80% | 0.00% | 104.40% | 20.56% |
Non US | 0.00% | 0.00% | 89.20% | 85.05% |
SBMBX - Expenses
Operational Fees
SBMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.52% | 0.08% | 4.45% | 1.87% |
Management Fee | 1.25% | 0.00% | 1.25% | 98.13% |
12b-1 Fee | 0.40% | 0.00% | 1.00% | 63.83% |
Administrative Fee | N/A | 0.03% | 0.25% | 52.63% |
Sales Fees
SBMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.50% | 5.75% | 20.00% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
SBMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 37.50% |
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.
SBMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 81.00% | 4.00% | 169.00% | 72.41% |
SBMBX - Distributions
Dividend Yield Analysis
SBMBX | Category Low | Category High | SBMBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 12.33% | 95.33% |
Dividend Distribution Analysis
SBMBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
SBMBX | Category Low | Category High | SBMBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.97% | -35.65% | 6.21% | 64.15% |
Capital Gain Distribution Analysis
SBMBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 12, 2022 | $0.329 | OrdinaryDividend |
Dec 13, 2021 | $0.077 | OrdinaryDividend |
Dec 11, 2020 | $0.109 | OrdinaryDividend |
Dec 23, 2008 | $1.763 | OrdinaryDividend |
SBMBX - Fund Manager Analysis
Managers
John Brim
Start Date
Tenure
Tenure Rank
Dec 29, 2015
6.42
6.4%
John D. Brim, CFA, Chief Investment Officer,joined Smith Group in March 1998 and is a member of the investment management team.Prior to joining the firm, he was a manager within the institutional investment consulting group of Deloitte & Touche from 1997 to 1998. From 1990 to 1997, Brim held a variety of positions, including senior client manager with NationsBank Asset Management in Dallas. He earned his bachelor's degree in economics from Texas A&M University. He is a member of the CFA Institute and the CFA Society of Dallas-Fort Worth.
Stephanie Jones
Start Date
Tenure
Tenure Rank
Dec 29, 2015
6.42
6.4%
Mrs. Jones joined Smith Group Asset Management in February 2010 and is a member of the portfolio management team. Prior to joining Smith Group, she was an Equity Analyst for Cimarron Asset Management, LLC from 2006 to 2010. From 2001 to 2006 she was a Principal for Mercer Human Resource Consulting, subsequent to Mercer’s acquisition of SCA Consulting, where she was a Senior Associate. From 1997 to 1998 Mrs. Jones interned in the equity research group of Dain Rauscher. From 1995 to 1997 she was part of the corporate financial reporting group of Halliburton Co., and from 1992 to 1995 she worked as an auditor for Price Waterhouse, LLP. Mrs. Jones graduated with a BBA in Accounting from Texas A&M University, and earned an MBA with a concentration in Finance from Southern Methodist University. She is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants (AICPA).
Stephen Smith
Start Date
Tenure
Tenure Rank
Dec 29, 2015
6.42
6.4%
Stephen S. Smith, CFA, is Chief Executive Officer and Chief Investment Officer and founder of Smith Group. Prior to Smith Group, he held a number of senior investment positions at Bank of America until he departed in 1995 to found Smith Group. Mr. Smith has an engineering degree and an MBA, both from the University of Alabama. He is a member of the CFA Institute and the CFA Society of Dallas-Ft. Worth.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 24.18 | 7.62 | 0.16 |