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Saratoga Investment Quality Bond Portfolio (SIBPX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US8034312046
CUSIP
803431204
Issuer
Saratoga
Inception Date
Sep 1, 1994
Min. Investment
$250
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Saratoga Investment Quality Bond Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Saratoga Investment Quality Bond Portfolio (SIBPX) has returned -1.04% so far this year and 2.98% over the past 12 months.


Saratoga Investment Quality Bond Portfolio

1D
0.42%
1M
-2.37%
YTD
-1.04%
6M
-0.33%
1Y
2.98%
3Y*
2.64%
5Y*
1.02%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 12, 2017, SIBPX's average daily return is +0.01%, while the average monthly return is +0.10%. At this rate, your investment would double in approximately 57.8 years.

Historically, 51% of months were positive and 49% were negative. The best month was Jul 2024 with a return of +2.1%, while the worst month was Mar 2026 at -2.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 12 months.

On a daily basis, SIBPX closed higher 29% of trading days. The best single day was Aug 2, 2024 with a return of +1.0%, while the worst single day was Mar 18, 2020 at -1.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.21%1.57%-2.37%-1.04%
20250.54%1.51%0.27%1.17%-0.75%1.44%-0.37%1.23%0.57%0.37%0.72%-0.37%6.50%
20240.00%-1.28%0.51%-1.88%1.30%0.74%2.13%1.06%1.14%-2.26%0.76%-1.33%0.78%
20230.56%-0.19%0.70%0.29%-0.72%-0.67%0.10%0.10%-0.74%-0.20%1.94%1.74%2.90%
2022-0.53%-0.42%-0.75%-0.32%0.11%-0.43%0.11%-0.32%-0.54%-0.11%0.48%0.20%-2.51%
2021-0.30%-0.08%-0.10%0.01%-0.09%-0.10%-0.10%-0.10%-0.20%-0.31%-0.21%-0.16%-1.73%

Benchmark Metrics

Saratoga Investment Quality Bond Portfolio has an annualized alpha of 1.21%, beta of 0.01, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since June 13, 2017.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (5.43%) than losses (4.76%) — typical of diversified or defensive assets.
  • Beta of 0.01 may look defensive, but with R² of 0.00 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R² of 0.00 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
1.21%
Beta
0.01
0.00
Upside Capture
5.43%
Downside Capture
4.76%

Expense Ratio

SIBPX has a high expense ratio of 1.54%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

SIBPX ranks 33 for risk / return — below 33% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


SIBPX Risk / Return Rank: 3333
Overall Rank
SIBPX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
SIBPX Sortino Ratio Rank: 2727
Sortino Ratio Rank
SIBPX Omega Ratio Rank: 1919
Omega Ratio Rank
SIBPX Calmar Ratio Rank: 5151
Calmar Ratio Rank
SIBPX Martin Ratio Rank: 3838
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Saratoga Investment Quality Bond Portfolio (SIBPX) and compare them to a chosen benchmark (S&P 500 Index).


SIBPXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.72

0.90

-0.17

Sortino ratio

Return per unit of downside risk

1.06

1.39

-0.33

Omega ratio

Gain probability vs. loss probability

1.12

1.21

-0.09

Calmar ratio

Return relative to maximum drawdown

1.27

1.40

-0.13

Martin ratio

Return relative to average drawdown

4.06

6.61

-2.55

Explore SIBPX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Saratoga Investment Quality Bond Portfolio provided a 2.20% dividend yield over the last twelve months, with an annual payout of $0.21 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%0.50%1.00%1.50%2.00%$0.00$0.05$0.10$0.15$0.20201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$0.21$0.21$0.21$0.14$0.01$0.13$0.06$0.09$0.11$0.10

Dividend yield

2.20%2.24%2.31%1.54%0.14%1.39%0.58%0.99%1.21%1.03%

Monthly Dividends

The table displays the monthly dividend distributions for Saratoga Investment Quality Bond Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.01$0.02$0.02$0.02$0.01$0.02$0.01$0.02$0.02$0.07$0.21
2024$0.00$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.02$0.05$0.21
2023$0.01$0.01$0.01$0.02$0.00$0.01$0.01$0.01$0.01$0.01$0.02$0.01$0.14
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.12$0.13

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 Investment Quality Bond 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 Investment Quality Bond Portfolio was 5.57%, occurring on Oct 18, 2023. Recovery took 197 trading sessions.

The current Saratoga Investment Quality Bond Portfolio drawdown is 2.37%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-5.57%Aug 7, 2020805Oct 18, 2023197Aug 1, 20241002
-4.28%Sep 17, 202481Jan 13, 202574Apr 30, 2025155
-3.5%Mar 9, 20209Mar 19, 202034May 7, 202043
-2.78%Mar 2, 202619Mar 26, 2026
-2.13%Sep 11, 2017172May 16, 2018216Mar 27, 2019388

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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