- ISIN
- US8034316187
- CUSIP
- 803431618
- Issuer
- Saratoga
- Inception Date
- Oct 22, 1997
- Category
- Energy Equities
- Min. Investment
- $250
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
SBMBX Performance Chart
Saratoga Energy & Basic Materials Fund (SBMBX) is up 0.0% since the beginning of the year. SBMBX is currently trading at $12 per share. Investors who bought $1,000 worth of SBMBX shares 5 years ago would now be looking at an investment worth $1,297.
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Returns By Period
Saratoga Energy & Basic Materials Fund (SBMBX) has returned 0.00% so far this year and 2.30% over the past 12 months. Over the last ten years, SBMBX has returned 2.08% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Saratoga Energy & Basic Materials Fund
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 2.30%
- 3Y*
- 1.48%
- 5Y*
- 5.34%
- 10Y*
- 2.08%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SBMBX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1998, SBMBX's average daily return is +0.04%, while the average monthly return is +0.75%. At this rate, an investment would double in approximately 7.7 years.
Historically, 54% of months were positive and 46% were negative. The best month was Dec 2007 with a return of +79.4%, while the worst month was Mar 2020 at -26.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 8 months.
On a daily basis, SBMBX closed higher 49% of trading days. The best single day was Dec 20, 2007 with a return of +72.5%, while the worst single day was Mar 9, 2020 at -16.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||
| 2025 | 3.38% | -0.17% | 1.93% | -9.30% | 2.18% | 3.64% | 1.46% | 4.48% | 0.08% | -2.42% | 0.58% | -0.14% | 5.05% |
| 2024 | -3.15% | 0.98% | 7.33% | -0.38% | 0.98% | -3.51% | 1.25% | -1.16% | -0.62% | -1.97% | 2.33% | -8.75% | -7.25% |
| 2023 | 6.19% | -6.23% | -1.09% | 0.76% | -7.67% | 7.85% | 8.21% | -1.17% | 0.48% | -4.41% | 3.54% | 1.11% | 6.28% |
| 2022 | 7.01% | 4.46% | 7.14% | -3.58% | 8.52% | -16.78% | 5.42% | 0.09% | -9.12% | 15.00% | 7.96% | -3.66% | 19.60% |
| 2021 | 0.24% | 11.26% | 3.16% | 2.22% | 6.09% | -0.58% | -4.31% | -0.10% | 0.72% | 5.49% | -5.20% | 5.16% | 25.58% |
Benchmark Metrics
Saratoga Energy & Basic Materials Fund has an annualized alpha of 0.70%, beta of 0.97, and R2 of 0.40 versus S&P 500 Index. Calculated based on daily prices since January 02, 1998.
- This fund participated in 103.59% of S&P 500 Index downside but only 95.09% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.40 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.70%
- Beta
- 0.97
- R²
- 0.40
- Upside Capture
- 95.09%
- Downside Capture
- 103.59%
Expense Ratio
SBMBX has a high expense ratio of 3.30%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SBMBX ranks 5 for risk / return — in the bottom 5% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Saratoga Energy & Basic Materials Fund (SBMBX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SBMBX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.78 | ||
| Sortino ratioReturn per unit of downside risk | -2.33 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.37 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 2.78 | -2.33 |
| Martin ratioReturn relative to average drawdown | 0.89 | 12.44 | -11.55 |
Dividends
Dividend History
Saratoga Energy & Basic Materials Fund provided a 2.13% dividend yield over the last twelve months, with an annual payout of $0.25 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.25 | $0.25 | $0.00 | $0.33 | $0.08 | $0.11 |
Dividend yield | 2.13% | 2.13% | 2.17% | 0.00% | 2.75% | 0.75% | 1.32% |
Monthly Dividends
The table displays the monthly dividend distributions for Saratoga Energy & Basic Materials Fund. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.25 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Saratoga Energy & Basic Materials Fund. 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 Energy & Basic Materials Fund was 74.35%, occurring on Mar 18, 2020. The portfolio has not yet recovered.
The current Saratoga Energy & Basic Materials Fund drawdown is 31.22%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -74.35%Mar 2020 | 11y 9mo | — | 18y 3dJun 2008 - now |
Dot-com crash2000–2002 | -47.03%Oct 2002 | 1y 4mo | 2y 4mo | 3y 9moMay 2001 - Feb 2005 |
1998 bear market1998 | -34.23%Aug 1998 | 4mo 11d | 11mo 13d | 1y 3moApr 1998 - Aug 1999 |
Dot-com crash2000–2002 | -27.33%Nov 2000 | 5mo 18d | 3mo 7d | 8mo 25dJun 2000 - Mar 2001 |
2006 bear market2006 | -27.22%Oct 2006 | 4mo 25d | 7mo 17d | 1y 7dMay 2006 - May 2007 |
Drawdown Indicators
| SBMBX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.35% | -56.78% | -17.57% |
Max Drawdown (1Y)Largest decline over 1 year | -5.66% | -9.10% | +3.44% |
Max Drawdown (3Y)Largest decline over 3 years | -25.34% | -18.90% | -6.44% |
Max Drawdown (5Y)Largest decline over 5 years | -26.66% | -25.43% | -1.23% |
Max Drawdown (10Y)Largest decline over 10 years | -65.48% | -33.92% | -31.56% |
Current DrawdownCurrent decline from peak | -31.22% | -1.80% | -29.42% |
Average DrawdownAverage peak-to-trough decline | -28.69% | -10.71% | -17.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 2.03% | +0.77% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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