Saratoga Conservative Balanced Allocation Portfolio (LUNAX)
The Portfolio's main investment strategy is to invest in other Saratoga Advantage Trust mutual funds (the "Saratoga Funds") and/or unaffiliated registered investment companies and exchange-traded funds ("ETFs") (together with the Saratoga Funds, the "underlying funds"). It will invest in equity, fixed income and alternative instruments through its investments in the underlying funds.
Fund Info
US80343J7182
Dec 28, 2017
$2,500
Mid-Cap
Blend
Expense Ratio
LUNAX has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Saratoga Conservative Balanced Allocation Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Saratoga Conservative Balanced Allocation Portfolio had a return of 2.35% year-to-date (YTD) and 8.63% in the last 12 months.
LUNAX
2.35%
0.98%
3.31%
8.63%
2.99%
N/A
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of LUNAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.08% | 2.35% | |||||||||||
| 2024 | 0.47% | 1.79% | 1.67% | -2.92% | 2.16% | 0.74% | 2.10% | 0.89% | 1.60% | -0.87% | 3.17% | -3.28% | 7.55% |
| 2023 | 3.05% | -0.49% | -0.20% | -0.00% | -0.00% | 2.38% | 0.97% | -0.58% | -1.64% | -0.98% | 3.97% | 2.57% | 9.24% |
| 2022 | -3.27% | -0.18% | 0.46% | -3.74% | -0.00% | -3.98% | 3.55% | -0.86% | -3.46% | 2.09% | 2.34% | -5.93% | -12.67% |
| 2021 | 0.45% | 1.35% | 1.96% | 2.18% | 0.26% | 0.68% | 0.17% | 1.27% | -2.00% | 2.72% | -1.16% | -2.90% | 4.92% |
| 2020 | -0.00% | -4.07% | -6.86% | 5.63% | 2.26% | 0.80% | 2.69% | 2.52% | -1.70% | -1.15% | 5.35% | 2.50% | 7.46% |
| 2019 | 3.95% | 1.54% | 0.51% | 1.81% | -2.86% | 3.35% | 0.88% | -0.58% | 0.49% | 0.98% | 2.13% | 0.26% | 12.97% |
| 2018 | 1.70% | -2.36% | -0.91% | 0.31% | 1.42% | -0.20% | 1.60% | 1.77% | 0.29% | -3.96% | 0.60% | -4.34% | -4.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LUNAX is 62, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Saratoga Conservative Balanced Allocation Portfolio (LUNAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Saratoga Conservative Balanced Allocation Portfolio provided a 2.33% dividend yield over the last twelve months, with an annual payout of $0.26 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.26 | $0.26 | $0.21 | $0.04 | $0.29 | $0.05 | $0.27 | $0.20 |
Dividend yield | 2.33% | 2.38% | 1.95% | 0.40% | 2.59% | 0.45% | 2.58% | 2.12% |
Monthly Dividends
The table displays the monthly dividend distributions for Saratoga Conservative Balanced Allocation Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2018 | $0.20 | $0.20 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Saratoga Conservative Balanced Allocation Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Saratoga Conservative Balanced Allocation Portfolio was 17.77%, occurring on Dec 28, 2022. Recovery took 469 trading sessions.
The current Saratoga Conservative Balanced Allocation Portfolio drawdown is 1.85%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.77% | Nov 17, 2021 | 280 | Dec 28, 2022 | 469 | Nov 8, 2024 | 749 |
| -16% | Feb 21, 2020 | 20 | Mar 19, 2020 | 111 | Aug 26, 2020 | 131 |
| -10.21% | Sep 24, 2018 | 64 | Dec 24, 2018 | 122 | Jun 20, 2019 | 186 |
| -5.45% | Jan 29, 2018 | 9 | Feb 8, 2018 | 134 | Aug 21, 2018 | 143 |
| -4.62% | Dec 5, 2024 | 24 | Jan 10, 2025 | — | — | — |
Volatility
Volatility Chart
The current Saratoga Conservative Balanced Allocation Portfolio volatility is 1.62%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.