SBMCX Fees and Costs — Saratoga Moderate Balanced Allocation Portfolio, Class C
Data updated: 2026-07-24
The net expense ratio is 3.10% (4.57% before fee waivers). This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 6%.
SBMCX Fees and Expenses
Annual operating expenses and sales charges of SBMCX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | — |
| Other expenses | 1.56% |
| Gross expense ratio | 4.57% |
| Fee waiver | −1.47% |
| Net expense ratio | 3.10% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
SBMCX Costs Over Time
On $10,000 invested in SBMCX, assuming 5% a year before costs, total costs come to $1,859 over 5 years, cutting the return by 3.26% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $102 | $0 | $0 |
| Fund expenses (net expense ratio 3.10%) | $326 | $994 | $1,685 |
| Lost growth on money paid in costs | $0 | $50 | $174 |
| Total costs | $427 | $1,044 | $1,859 |
| Value after costs | $10,073 | $10,533 | $10,903 |
| Impact on return, per year | 4.27% | 3.26% | 3.26% |
SBMCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $350K
- Portfolio turnover (prospectus): 6%
- Securities lending: none during the year
SBMCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Corp. | $350K | 100.00% |
Saratoga Moderate Balanced Allocation Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SBMIX | Class I | 2.10% | none |
| SMPAX | Class A | 2.35% | 5.75% |
| SBMCX | Class C | 3.10% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.