Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.7%
1 yr return
44.8%
3 Yr Avg Return
7.1%
5 Yr Avg Return
13.8%
Net Assets
$37.7 M
Holdings in Top 10
60.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.77%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 10.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
STPAX - Profile
Distributions
- YTD Total Return 11.7%
- 3 Yr Annualized Total Return 7.1%
- 5 Yr Annualized Total Return 13.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.60%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameTechnology & Communications Portfolio
-
Fund Family NameSaratoga Advantage Trust
-
Inception DateJan 06, 2003
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Stimpson
Fund Description
The Portfolio will normally invest at least 80% of its total assets in equity securities issued by technology and communications companies, both domestic and foreign, regardless of their stock market value (or “market capitalization”). Equity securities include common stocks, preferred stocks, securities convertible into common stocks and warrants. The Portfolio may invest up to 25% of its total assets in foreign companies. The Adviser employs a top-down and bottom-up investment approach. The Adviser begins with the overall outlook for the economy, then identifies specific industries which should benefit from economic trends and the investment environment. Individual securities are then selected based on fundamental analysis, growth potential, earnings, valuation, competitive advantages and the opportunity of each issuer. Ultimately, the Adviser seeks to identify high-quality companies at attractive prices whose long-term enduring value is underappreciated.
The Portfolio defines a “technology company” as an entity in which at least 50% of the company’s revenues or earnings were derived from technology activities or at least 50% of the company’s assets were devoted to such activities, based upon the company’s most recent fiscal year. Technology companies may include, among others, companies that are engaged in the research, design, development or manufacturing of technology products. These companies include, among others, those in the Internet, medical, pharmaceutical, manufacturing, computer software and hardware industries. The Portfolio defines a “communications company” as an entity in which at least 50% of the company’s revenues or earnings were derived from communications activities or at least 50% of the company’s assets were devoted to such activities, based upon the company’s most recent fiscal year.
Communications activities may include, among others, regular telephone service; communications equipment and services; electronic components and equipment; broadcasting; computer software and hardware; semiconductors; mobile communications and cellular radio/paging; electronic mail and other electronic data transmission services; networking and linkage of word and data processing systems; publishing and information systems; video text and teletext; emerging technologies combining telephone, television and/or computer systems; and Internet and network equipment and services.
When market or financial conditions warrant, 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.
STPAX - Performance
Return Ranking - Trailing
Period | STPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.7% | -15.0% | 28.6% | 48.02% |
1 Yr | 44.8% | -16.7% | 81.1% | 55.95% |
3 Yr | 7.1%* | -30.8% | 29.1% | 55.61% |
5 Yr | 13.8%* | -9.7% | 35.6% | 73.87% |
10 Yr | 14.3%* | 0.3% | 27.6% | 72.67% |
* Annualized
Return Ranking - Calendar
Period | STPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 34.4% | -5.6% | 96.9% | 73.01% |
2022 | -44.1% | -73.9% | -16.4% | 69.06% |
2021 | 2.1% | -44.6% | 51.5% | 54.05% |
2020 | 10.6% | 5.5% | 154.1% | 99.52% |
2019 | 26.9% | -3.0% | 63.7% | 72.73% |
Total Return Ranking - Trailing
Period | STPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.7% | -15.0% | 28.6% | 48.02% |
1 Yr | 44.8% | -16.7% | 81.1% | 55.95% |
3 Yr | 7.1%* | -30.8% | 29.1% | 55.61% |
5 Yr | 13.8%* | -9.7% | 35.6% | 73.87% |
10 Yr | 14.3%* | 0.3% | 27.6% | 72.67% |
* Annualized
Total Return Ranking - Calendar
Period | STPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 45.0% | -2.3% | 96.9% | 63.27% |
2022 | -31.8% | -67.5% | -5.9% | 21.97% |
2021 | 16.3% | -17.8% | 59.2% | 47.30% |
2020 | 26.8% | 17.5% | 157.5% | 94.23% |
2019 | 37.9% | 7.5% | 66.9% | 59.60% |
NAV & Total Return History
STPAX - Holdings
Concentration Analysis
STPAX | Category Low | Category High | STPAX % Rank | |
---|---|---|---|---|
Net Assets | 37.7 M | 4.18 M | 58.1 B | 88.60% |
Number of Holdings | 28 | 10 | 319 | 97.37% |
Net Assets in Top 10 | 24.3 M | 1.23 M | 40.5 B | 85.96% |
Weighting of Top 10 | 59.96% | 11.5% | 100.0% | 17.98% |
Top 10 Holdings
- ALPHABET INC-C 8.00%
- AMAZON.COM INC 7.46%
- MICROSOFT CORP 7.06%
- META PLATFORMS-A 5.80%
- ORACLE CORP 5.72%
- VISA INC-CLASS A 5.68%
- KLA CORP 5.61%
- CISCO SYSTEMS 5.33%
- SYNOPSYS INC 4.70%
- QUALCOMM INC 4.60%
Asset Allocation
Weighting | Return Low | Return High | STPAX % Rank | |
---|---|---|---|---|
Stocks | 99.60% | 0.00% | 103.06% | 32.46% |
Cash | 0.71% | -0.14% | 26.97% | 64.91% |
Preferred Stocks | 0.00% | 0.00% | 7.72% | 50.44% |
Other | 0.00% | -0.04% | 26.87% | 51.75% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 42.54% |
Bonds | 0.00% | 0.00% | 90.88% | 42.11% |
Stock Sector Breakdown
Weighting | Return Low | Return High | STPAX % Rank | |
---|---|---|---|---|
Technology | 58.17% | 2.80% | 100.00% | 79.82% |
Communication Services | 16.10% | 0.00% | 97.05% | 13.60% |
Consumer Cyclical | 11.83% | 0.00% | 32.97% | 17.54% |
Financial Services | 9.20% | 0.00% | 38.36% | 10.53% |
Industrials | 2.50% | 0.00% | 38.68% | 37.28% |
Real Estate | 2.20% | 0.00% | 15.05% | 13.60% |
Utilities | 0.00% | 0.00% | 5.17% | 41.23% |
Healthcare | 0.00% | 0.00% | 25.57% | 73.68% |
Energy | 0.00% | 0.00% | 1.24% | 40.79% |
Consumer Defense | 0.00% | 0.00% | 5.64% | 48.25% |
Basic Materials | 0.00% | 0.00% | 2.38% | 46.49% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | STPAX % Rank | |
---|---|---|---|---|
US | 99.60% | 0.00% | 103.06% | 23.25% |
Non US | 0.00% | 0.00% | 58.19% | 67.54% |
STPAX - Expenses
Operational Fees
STPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.77% | 0.08% | 6.86% | 4.41% |
Management Fee | 1.25% | 0.03% | 1.95% | 96.49% |
12b-1 Fee | 0.40% | 0.00% | 1.00% | 73.02% |
Administrative Fee | N/A | 0.00% | 0.50% | 51.79% |
Sales Fees
STPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.50% | 5.75% | 32.14% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
STPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 22.22% |
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.
STPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 10.00% | 0.69% | 281.00% | 6.67% |
STPAX - Distributions
Dividend Yield Analysis
STPAX | Category Low | Category High | STPAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.37% | 57.46% |
Dividend Distribution Analysis
STPAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
STPAX | Category Low | Category High | STPAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.60% | -2.30% | 2.08% | 93.75% |
Capital Gain Distribution Analysis
STPAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
STPAX - Fund Manager Analysis
Managers
Robert Stimpson
Start Date
Tenure
Tenure Rank
Aug 04, 2011
10.83
10.8%
Robert D. Stimpson, CFA, CMT. Mr. Stimpson is Co-Chief Investment Officer and a Portfolio Manager at Oak Associates, which he joined in 2001. Prior to joining Oak Associates in 2001, Mr. Stimpson earned an MBA from Emory University. Previously, Mr. Stimpson worked as an Equity Market Analyst for I.D.E.A., ltd and for Merrill Lynch as a Financial Consultant. He has been with the investment industry since 1997. In addition to the CFA designation, Mr. Stimpson holds the CMT charter from the Market Technicians Association.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 32.43 | 8.4 | 1.41 |