SLCVX Fees and Costs — Saratoga Large Capitalization Value Portfolio, Class I
Data updated: 2026-07-24
The net expense ratio is 1.79%: a 0.65% management fee plus 1.13% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $14K in broker commissions, 0.0749% of average net assets, and portfolio turnover was 93%.
SLCVX Fees and Expenses
Annual operating expenses and sales charges of SLCVX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | 1.13% |
| Gross expense ratio | 1.79% |
| Fee waiver | — |
| Net expense ratio | 1.79% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SLCVX Costs Over Time
On $10,000 invested in SLCVX, assuming 5% a year before costs, total costs come to $1,147 over 5 years, cutting the return by 1.96% 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 |
| Fund expenses (net expense ratio 1.79%) | $188 | $581 | $999 |
| Trading costs (broker commissions) | $8 | $24 | $42 |
| Lost growth on money paid in costs | $0 | $30 | $106 |
| Total costs | $196 | $636 | $1,147 |
| Value after costs | $10,304 | $10,941 | $11,616 |
| Impact on return, per year | 1.96% | 1.96% | 1.96% |
SLCVX 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): 0.0749%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 93%
- Securities on loan, average value: $456K
- Net income from securities lending: $363 (0.002% of average net assets)
SLCVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen Group | $12K | 81.08% |
| Tourmaline Partners LLC | $3K | 17.47% |
| Jefferies Group | $210 | 1.45% |
Saratoga Large Capitalization Value Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SLCVX | Class I | 1.79% | none |
| SLVYX | Class A | 2.17% | 5.75% |
| SLVCX | Class C | 2.77% | 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.