0001752724-19-161948.txt : 20191114
0001752724-19-161948.hdr.sgml : 20191114
20191114123015
ACCESSION NUMBER: 0001752724-19-161948
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20190831
FILED AS OF DATE: 20191114
DATE AS OF CHANGE: 20191114
EFFECTIVENESS DATE: 20191114
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: SARATOGA ADVANTAGE TRUST
CENTRAL INDEX KEY: 0000924628
IRS NUMBER: 137044280
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0831
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-08542
FILM NUMBER: 191218263
BUSINESS ADDRESS:
STREET 1: 1616 N LITCHFIELD RD.
STREET 2: SUITE 165
CITY: GOODYEAR
STATE: AZ
ZIP: 85395
BUSINESS PHONE: 623-266-4567
MAIL ADDRESS:
STREET 1: 1616 N LITCHFIELD RD.
STREET 2: SUITE 165
CITY: GOODYEAR
STATE: AZ
ZIP: 85395
0000924628
S000010883
U.S. Government Money Market Portfolio
C000030147
U.S. Government Money Market Portfolio Class A
SGAXX
C000030148
U.S. Government Money Market Portfolio Class I
SGMXX
C000030150
U.S. Government Money Market Portfolio Class C
SZCXX
0000924628
S000010884
Health & Biotechnology Portfolio
C000030151
Health & Biotechnology Portfolio Class I
SBHIX
C000030153
Health & Biotechnology Porfolio Class C
SHPCX
C000030154
Health & Biotechnology Portfolio Class A
SHPAX
0000924628
S000010885
Mid Capitalization Portfolio
C000030155
Mid Capitalization Portfolio - Class I
SMIPX
C000030157
Mid Capitalization Portfolio - Class C
SPMCX
C000030158
Mid Capitalization Portfolio - Class A
SPMAX
0000924628
S000010886
Technology & Communications Portfolio
C000030159
Technology & Communications Portfolio Class I
STPIX
C000030161
Technology & Communications Portfolio Class C
STPCX
C000030162
Technology & Communications Portfolio Class A
STPAX
0000924628
S000010887
Investment Quality Bond Portfolio
C000030163
Investment Quality Bond Portfolio Class A
SQBAX
C000030164
Investment Quality Bond Portfolio Class I
SIBPX
C000030166
Investment Quality Bond Portfolio Class C
SQBCX
0000924628
S000010888
Municipal Bond Portfolio
C000030167
Municipal Bond Portfolio Class A
SMBAX
C000030168
Municipal Bond Portfolio Class I
SMBPX
C000030170
Municipal Bond Portfolio Class C
SMBCX
0000924628
S000010889
Large Capitalization Value Portfolio
C000030171
Large Capitalization Value Portfolio Class A
SLVYX
C000030172
Large Capitalization Value Portfolio Class I
SLCVX
C000030174
Large Capitalization Value Portfolio Class C
SLVCX
0000924628
S000010890
Large Capitalization Growth Portfolio
C000030175
Large Capitalization Growth Portfolio Class A
SLGYX
C000030176
Large Capitalization Growth Portfolio Class I
SLCGX
C000030178
Large Capitalization Growth Portfolio Class C
SLGCX
0000924628
S000010891
Small Capitalization Portfolio
C000030179
Small Capitalization Portfolio Class A
SSCYX
C000030180
Small Capitalization Portfolio Class I
SSCPX
C000030182
Small Capitalization Portfolio Class C
SSCCX
0000924628
S000010892
International Equity Portfolio
C000030183
International Equity Portfolio Class A
SIEYX
C000030184
International Equity Portfolio Class I
SIEPX
C000030186
International Equity Portfolio Class C
SIECX
0000924628
S000010893
Financial Services Portfolio
C000030187
Financial Services Portfolio Class I
SFPIX
C000030189
Financial Services Portfolio Class C
SFPCX
C000030190
Financial Services Portfolio Class A
SFPAX
0000924628
S000010894
Energy & Basic Materials Portfolio
C000030191
Energy & Basic Materials Class I
SEPIX
C000030193
Energy & Basic Materials Class C
SEPCX
C000030194
Energy & Basic Materials Class A
SBMBX
0000924628
S000030697
James Alpha Macro Portfolio
C000095117
James Alpha Macro Portfolio Class I Shares
GRRIX
C000095118
James Alpha Macro Portfolio Class A Shares
GRRAX
C000109474
James Alpha Macro Portfolio Class C Shares
GRRCX
C000188359
James Alpha Macro Portfolio Class S Shares
GRRSX
0000924628
S000033377
James Alpha Global Real Estate Investments Portfolio
C000102468
James Alpha Global Real Estate Investments Portfolio Class I Shares
JARIX
C000102469
James Alpha Global Real Estate Investments Portfolio Class A Shares
JAREX
C000109475
James Alpha Global Real Estate Investments Portfolio Class C Shares
JACRX
C000188360
James Alpha Global Real Estate Investments Portfolio Class S Shares
JARSX
0000924628
S000046239
James Alpha Multi Strategy Alternative Income Portfolio
C000144545
James Alpha Multi Strategy Alternative Income Portfolio Class I Shares
JAIMX
C000144546
James Alpha Multi Strategy Alternative Income Portfolio Class A Shares
JAAMX
C000144547
James Alpha Multi Strategy Alternative Income Portfolio Class C Shares
JACMX
C000188361
James Alpha Multi Strategy Alternative Income Portfolio Class S Shares
JASMX
0000924628
S000049847
James Alpha Managed Risk Domestic Equity Portfolio
C000157427
James Alpha Managed Risk Domestic Equity Portfolio Class I
JDIEX
C000157428
James Alpha Managed Risk Domestic Equity Portfolio Class A
JDAEX
C000157429
James Alpha Managed Risk Domestic Equity Portfolio Class C
JDCEX
C000188363
James Alpha Managed Risk Domestic Equity Portfolio Class S Shares
JDSEX
0000924628
S000049848
James Alpha Managed Risk Emerging Markets Equity Portfolio
C000157430
James Alpha Managed Risk Emerging Markets Equity Portfolio Class I
JEIMX
C000157431
James Alpha Managed Risk Emerging Markets Equity Portfolio Class A
JEAMX
C000157432
James Alpha Managed Risk Emerging Markets Equity Portfolio Class C
JECMX
C000188364
James Alpha Managed Risk Emerging Markets Equity Portfolio Class S Shares
JESMX
0000924628
S000053933
James Alpha Hedged High Income Portfolio
C000169727
Class A Shares
INCAX
C000169728
Class C Shares
INCCX
C000169729
Class I Shares
INCIX
C000188366
James Alpha Hedged High Income Portfolio Class S Shares
INCSX
0000924628
S000060149
Aggressive Balanced Allocation Portfolio
C000196871
Aggressive Balanced Allocation Portfolio Class A
SABAX
C000196872
Aggressive Balanced Allocation Portfolio Class C
SABCX
C000196873
Aggressive Balanced Allocation Portfolio Class I
SABIX
0000924628
S000060150
Conservative Balanced Allocation Portfolio
C000196874
Conservative Balanced Allocation Portfolio Class A
SCAAX
C000196875
Conservative Balanced Allocation Portfolio Class C
SUMCX
C000196876
Conservative Balanced Allocation Portfolio Class I
LUNAX
0000924628
S000060151
Moderate Balanced Allocation Portfolio
C000196877
Moderate Balanced Allocation Portfolio Class A
SMPAX
C000196878
Moderate Balanced Allocation Portfolio Class C
SBMCX
C000196879
Moderate Balanced Allocation Portfolio Class I
SBMIX
0000924628
S000060152
Moderately Aggressive Balanced Allocation Portfolio
C000196880
Moderately Aggressive Balanced Allocation Portfolio Class A
SAMAX
C000196881
Moderately Aggressive Balanced Allocation Portfolio Class C
SAMCX
C000196882
Moderately Aggressive Balanced Allocation Portfolio Class I
SAMIX
0000924628
S000060153
Moderately Conservative Balanced Allocation Portfolio
C000196883
Moderately Conservative Balanced Allocation Portfolio Class A
SMACX
C000196884
Moderately Conservative Balanced Allocation Portfolio Class C
SBCCX
C000196885
Moderately Conservative Balanced Allocation Portfolio Class I
SMICX
0000924628
S000061551
James Alpha Momentum Portfolio
C000199403
James Alpha Momentum Portfolio Class A
MOMAX
C000199404
James Alpha Momentum Portfolio Class C
MOMCX
C000199405
James Alpha Momentum Portfolio Class I
MOMOX
C000199406
James Alpha Momentum Portfolio Class S
MOMSX
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1
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C000169729
C000188366
C000169728
S000061551
C000199405
C000199403
C000199404
C000199406
S000010887
C000030164
C000030163
C000030166
S000010893
C000030190
C000030187
C000030189
S000010894
C000030194
C000030193
C000030191
S000010884
C000030154
C000030153
C000030151
S000010891
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Saratoga Advantage Trust
811-08542
000924628
549300ELDSPPW4ZGNR88
1616 N.Litchfield Road, Suite 165
Goodyear
85395
US-AZ
US
623-266-4567
Gemini Fund Services
17645 Wright Street
Omaha
68130
855-891-0092
Fund Accounting and Transfer Agent Records
N
N
N-1A
30
Y
Udo Koopmann
N/A
N
Patrick H. McCollough
N/A
N
Floyd E. Seal
N/A
N
Bruce Ventimiglia
N/A
Y
Stephen H. Hamrick
N/A
N
Northern Lights Compliance Services, LLC
N/A
17645 Wright Street
Omaha
68130
XXXXXX
N
N
N
N
N
N
N
Northern Lights Distributors
8-065857
N/A
N/A
N
N
Tait, Weller and Baker LLP
445
N/A
N
N
N
N
N
James Alpha Hedged High Income Portfolio
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549300Q0K9VUM4W30Q38
N
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0
0
N/A
N
N
Y
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
James Alpha Advisors, LLC
801-106805
000281785
N/A
N
Amundi Pioneer Institutional Asset Management, Inc.
801-8255
000107719
N/A
N
N
Coherence Capital Partners, LLC.
801-76577
000162898
N/A
N
N
Concise Capital Management, LP
801-68737
000145778
N/A
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Goldman Sachs
8-129
000000361
FOR8UP27PHTHYVLBNG30
1312.00000000
Seaport Group
008-24971
000008330
N/A
40.00000000
JPMorgan Chase
8-35008
000000079
ZBUT11V806EZRVTWT807
10284.00000000
Mora WM Securities
8-68910
000158599
N/A
945.00000000
Morgan Stanley Wealth Management
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
20.00000000
Knight Capital Group
8-68193
000149823
549300RA02N3BNSWBV74
1222.00000000
BNY MELLON
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
32.00000000
R.J. O'BRIEN & Associates LLC
8-67587
000143624
549300BSZNPQJNYIAD03
126.00000000
Bank of America Merrill Lynch
8-7221
000007691
8NAV47T0Y26Q87Y0QP81
20.00000000
CITIGROUP
8-8177
000007059
MBNUM2BPBDO7JBLYG310
20.00000000
14101.00000000
222486992.00000000
N
61094470.00000000
N
N
N
N
Saratoga International Equity Portfolio
S000010892
549300P5EU6NL4HCSI29
N
3
0
0
N/A
N
N
Y
N
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
149872.00000000
1818.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Smith Group Asset Management
801-50835
000106301
N/A
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Instinet, Inc.
8-23669
000007897
549300MGMN3RKMU8FT57
12422.00000000
12422.00000000
0
N
9782812.00000000
N
N
N
N
Saratoga Health & Biotechnology Portfolio
S000010884
549300OYXRTQUB32LX72
N
3
0
0
N/A
N
N
Y
N
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
687158.00000000
870.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
N
N
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Oak Associates, Ltd.
801-23632
000108874
N/A
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Bloomberg
8-49219
000040881
549300B56MD0ZC402L06
4463.00000000
Cowen Group
8-22522
000007616
549300WR155U7DVMIW58
1793.00000000
Goldman Sachs
8-129
000000361
FOR8UP27PHTHYVLBNG30
19.00000000
6275.00000000
0.00000000
N
15132092.00000000
N
N
N
N
Saratoga Technology & Communications Portfolio
S000010886
54930029EHQ02NN11L73
N
3
0
0
N/A
N
N
Y
N
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
1705288.00000000
1587.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
N
N
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Oak Associates, Ltd.
801-23632
000108874
N/A
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Bloomberg
8-49219
000040881
549300B56MD0ZC402L06
189.00000000
Cowen Group
8-22522
000007616
549300WR155U7DVMIW58
1942.00000000
Goldman Sachs
8-129
000000361
FOR8UP27PHTHYVLBNG30
63.00000000
2194.00000000
0
N
54393522.00000000
N
N
N
N
Saratoga Energy & Basic Materials Portfolio
S000010894
5493007VDLF2KYFPYM79
N
3
0
0
N/A
N
N
Y
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Smith Group Asset Management
801-50835
000106301
N/A
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Instinet, Inc.
8-23669
000007897
549300MGMN3RKMU8FT57
637.00000000
637.00000000
0
N
1713357.00000000
N
N
N
N
Saratoga Financial Services Portfolio
S000010893
5493003OSJQMQNHI7H73
N
3
0
0
N/A
N
N
Y
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Smith Group Asset Management
801-50835
000106301
N/A
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Instinet, Inc.
8-23669
000007897
549300MGMN3RKMU8FT57
296.00000000
296.00000000
0
N
1387737.00000000
N
N
N
N
Saratoga Investment Quality Bond Portfolio
S000010887
5493007VNC7B907YKU52
N
3
0
0
Fund of Funds
N
N
Y
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
N
N
N
Saratoga Capital Management, LLC
801-46534
000223032
N/A
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
147.00000000
147.00000000
1289465.00000000
N
4899596.00000000
N
N
N
N
James Alpha Momentum Portfolio
S000061551
549300IHXOUF36XQ1Z65
N
4
0
0
N/A
Y
N
Y
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
James Alpha Advisors, LLC
801-106805
000392896
N/A
N
NWM Fund Group
801-79128
000169928
N/A
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
BTIG, LLC
008-65473
000122225
549300GTG9PL6WO3EC51
66938.00000000
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
974.00000000
Baycrest Partners
8-48931
000039944
549300CTRRO8C3BU3H64
119.00000000
68031.00000000
5695.00000000
N
51228123.00000000
N
N
N
N
Saratoga Small Capitalization Portfolio
S000010891
549300JKQO6E12ZU8065
N
3
0
0
N/A
N
N
Y
N
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
1104657.00000000
1306.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
N
N
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Zacks Investment Management, Inc.
801-40592
000110897
N/A
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
Filing Number
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
BTIG LLC
008-65473
000122225
549300GTG9PL6WO3EC51
378.00000000
ITG
008-44218
000029299
549300S41SMIODVIT266
2412.00000000
2790.00000000
0.00000000
N
5952899.00000000
0.00000000
N
N
N
N
Saratoga U.S. Government Money Market Portfolio
S000010883
549300HUKMZ1LNQW2442
N
3
0
0
Money Market Fund
N
N
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
CLS Investments, LLC
801-57265
000107975
254900ODWR8J2X17LR62
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
Filing Number
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
0.00000000
Credit Agricole Securities, Inc.
008-13753
000000190
549300WO2DKF0Q3YMV43
1992346000.00000000
1992346000.00000000
N
0.00
8019729.00000000
N
N
N
N
Saratoga Large Capitalization Growth Portfolio
S000010890
549300W9B217D8BFVD96
N
3
0
0
N/A
N
N
Y
N
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
1744546.00000000
1784.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
N
N
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Smith Group Asset Management
801-50835
000106301
N/A
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
Filing Number
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Instinet, Inc.
008-23669
000007897
549300MGMN3RKMU8FT57
6302.00000000
6302.00000000
0.00
N
35459524.00000000
0.00000000
N
N
N
N
James Alpha Global Real Estate Investments Portfolio
S000033377
549300XBPXRSR5SS4I27
N
4
0
0
N/A
N
N
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
Y
James Alpha Advisors, LLC
801-106805
000281785
N/A
N
Ranger Global Real Estate Advisors, LLC.
801-108081
000284412
254900QZ1X0L69RAJQ17
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
Filing Number
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
MKM Partners LLC
008-53436
000114666
25490041O5W104HFWA62
55835.00000000
Bank of America Merrill Lynch
008-7221
000007691
8NAV47T0Y26Q87Y0QP81
79629.00000000
Goldman Sachs
008-129
000000361
FOR8UP27PHTHYVLBNG30
106750.00000000
UBS
008-22651
000007654
T6FIZBDPKLYJKFCRVK44
113512.00000000
Kempen & Co.
008-48389
000038760
2O302V7616D3HTVSXO60
NL
80655.00000000
JPMorgan Chase
008-35008
000000079
ZBUT11V806EZRVTWT807
407318.00000000
Green Street Advisors
008-80137
000172378
549300K06R9ZUC3UEN80
99185.00000000
Evercore Partners
008-49830
000042405
5493008F0LRLS5N8LZ81
43958.00000000
Citigroup
008-8177
000007059
MBNUM2BPBDO7JBLYG310
60114.00000000
Knight Capital Group
008-68193
000149823
549300RA02N3BNSWBV74
334154.00000000
1623528.00000000
Wells Fargo Bank
008-65876
000126292
VYVVCKR63DVZZN70PB21
1352461.00000000
Bank of America Merrill Lynch
008-7221
000007691
8NAV47T0Y26Q87Y0QP81
27795008.00000000
Keybank Capital Markets, Inc.
008-30177
000000566
2EQWV0180Z211YVAD813
3196596.00000000
Citigroup
008-8177
000007059
MBNUM2BPBDO7JBLYG310
18917494.00000000
Morgan Stanley Smith Barney
008-68191
000149777
7PDDXEMZ0ZV0CEDU4D16
20488195.00000000
Credit Suisse
008-422
000000816
549300506SI9CRFV9Z86
5240605.00000000
Raymond James
008-10999
000000705
U4ONQX15J3RO8XCKE979
25138714.00000000
Barclays
008-41342
000019714
AC28XWWI3WIBK2824319
5948089.00000000
Goldman Sachs
008-129
000000361
FOR8UP27PHTHYVLBNG30
4636414.00000000
JPMorgan Chase
008-35008
000000079
ZBUT11V806EZRVTWT807
26126414.00000000
138839989.00000000
N
785403887.00000000
0.00000000
N
N
N
N
James Alpha Managed Risk Domestic Equity Portfolio
S000049847
549300WGEYPL9X2TRF41
N
4
0
0
Fund of Funds
Y
N
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
James Alpha Advisors, LLC
801-106805
000281785
N/A
N
EAB Investment Group, LLC
801-96306
000165865
549300VI35MOWYID3B90
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
Filing Number
N
Bloomberg
N/A
Filing Number
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Dash Financial Technologies LLC
008-52503
000104031
549300VYG4AYVBIDN394
22582.00000000
Pershing
008-17574
000007560
ZI8Q1A8EI8LQFJNM0D94
8117.00000000
30699.00000000
Dash Financial Technologies LLC
008-52503
000104031
549300VYG4AYVBIDN394
401199.00000000
401199.00000000
N
27393965.00
0.00000000
N
N
N
N
Saratoga Mid Capitalization Portfolio
S000010885
549300KZLUYNC6EKP264
N
3
0
0
N/A
N
N
Y
N
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
968752.00000000
1215.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
N
N
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Vaughn Nelson Investment Management
801-51795
000106975
549300FRU9FLMWI67N43
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
Filing Number
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
UBS
008-22651
000007654
T6FIZBDPKLYJKFCRVK44
138.00000000
Instinet, Inc.
008-23669
000007897
549300MGMN3RKMU8FT57
2404.00000000
B. RILEY FBR, INC.
008-41426
000025027
549300AEVMODVBY3QS51
44.00000000
ITG
008-44218
000029299
549300S41SMIODVIT266
42.00000000
Oppenheimer & Co.
008-4077
000000249
254900VH02JQR2L8XD64
339.00000000
BTIG LLC
008-65473
000122225
549300GTG9PL6WO3EC51
12.00000000
Keefe, Bruyette & Woods
008-10888
000000481
549300OM47DQV01G4854
174.00000000
Robert W. Baird & Co., Inc.
008-00497
000008158
549300772UJAHRD6LO53
13.00000000
JPMorgan Chase
008-35008
000000079
ZBUT11V806EZRVTWT807
162.00000000
Liquidnet
008-52461
000103987
213800HSKBBO1GCVRG79
4803.00000000
8162.00000000
0.00
N
10983840.00
0.00000000
N
N
N
N
James Alpha Managed Risk Emerging Markets Equity Portfolio
S000049848
549300A1CC2CVOJ1O607
N
4
0
0
Fund of Funds
Y
N
N
N
N/A
0.00
0.00
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
James Alpha Advisors, LLC
801-106805
000281785
N/A
N
EAB Investment Group
801-96306
000165865
549300VI35MOWYID3B90
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
Filing Number
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Pershing
008-17574
000007560
ZI8Q1A8EI8LQFJNM0D94
48735.00000000
Dash Financial
008-52503
000104031
549300VYG4AYVBIDN394
35081.00000000
83816.00000000
Pershing
008-17574
000007560
ZI8Q1A8EI8LQFJNM0D94
4264350.00000000
4264350.00000000
N
7221956.00000000
0.00000000
N
N
N
N
Saratoga Large Capitalization Value Portfolio
S000010889
549300VVCVCQGX1GVA16
N
3
0
0
N/A
N
N
Y
N
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
1337256.00000000
2615.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
N
N
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
M.D. Sass Investors Services, Inc.
801-8663
000110590
549300IHKL0WTV30Z357
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
Filing Number
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Cowen Group
008-22522
000007616
549300WR155U7DVMIW58
21296.00000000
21296.00000000
0.00000000
N
14348109.00
0.00000000
N
N
N
N
James Alpha Macro Portfolio
S000030697
5493003O5EP1NEVYV019
N
4
0
0
Fund of Funds
N
Y
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
James Alpha Advisors, LLC
801-106805
000281785
N/A
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
Bloomberg
N/A
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Knight Capital Group (Now Virtu Americas LLC)
8-68193
000149823
549300RA02N3BNSWBV74
2280.50000000
GOLDMAN SACHS
8-129
000000361
FOR8UP27PHTHYVLBNG30
3133.76000000
5414.26000000
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
2342904.17000000
Liquidnet
8-52461
000103987
213800HSKBBO1GCVRG79
421.05000000
DEUTSCHE BANK Securities
8-17822
000002525
9J6MBOOO7BECTDTUZW19
0.00000000
2343325.22000000
N
11541684.16000000
N
N
N
N
Saratoga Aggressive Balanced Allocation Portfolio
S000060149
549300ZH2TCOP3GO9761
N
3
0
0
Fund of Funds
N
N
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
128.76000000
128.76000000
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
415300.00000000
415300.00000000
N
603198.27000000
N
N
N
N
Saratoga Conservative Balanced Allocation Portfolio
S000060150
549300D09UXWFYE54D80
N
3
0
0
Fund of Funds
N
N
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
Y
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
167.26000000
167.26000000
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
1393123.26000000
1393123.26000000
N
1394457.08000000
N
N
N
N
Saratoga Moderately Conservative Balanced Allocation Portfolio
S000060153
549300JK5HWV5EWUC113
N
3
0
0
Fund of Funds
N
N
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
146.56000000
146.56000000
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
465780.00000000
465780.00000000
N
749422.69000000
N
N
N
N
Saratoga Moderate Balanced Allocation Portfolio
S000060151
549300P4TRZFLY6SMX86
N
3
0
0
Fund of Funds
N
N
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
321.88000000
321.88000000
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
815838.37000000
815838.37000000
N
689224.33000000
N
N
N
N
Saratoga Moderately Aggressive Balanced Allocation Portfolio
S000060152
549300A15ZS4E6GR3E06
N
3
0
0
Fund of Funds
N
N
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
Saratoga Capital Management, LLC
801-46534
000112021
N/A
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
195.86000000
195.86000000
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
379715.44000000
379715.44000000
N
382694.27000000
N
N
N
N
James Alpha Multi Strategy Alternative Income Portfolio
S000046239
549300VLUITWLUMRY098
N
4
0
0
N/A
N
N
Y
N
BNY Mellon Corp.
HPFHU0OQ28E4N0NFVK49
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
James Alpha Advisors, LLC
801-106805
000281785
N/A
N
Kellner Private Fund Management LP
801-78189
000167870
N/A
N
N
Coherence Capital Partners, LLC.
801-76577
000162898
N/A
N
N
Ranger Global Real Estate Advisors, LLC.
801-108081
000284412
254900QZ1X0L69RAJQ17
N
N
Bullseye Asset Management LLC.
801-79982
000153990
N/A
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
N
BNY Mellon Corp.
4EP6JBYBTPTQ47LZOB67
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
ROTH CAPITAL PARTNERS
8-32129
000015407
549300FMF3TPT1HFRF48
506.20000000
CANTOR FITZGERALD
8-201
000000134
549300DWZ3YOKJO5X179
859.36000000
Knight Capital Group (Now Virtu Americas LLC)
8-68193
000149823
549300RA02N3BNSWBV74
10997.39000000
AEGIS CAPITAL CORP
8-31616
000015007
254900S6STN2SDK6LR76
4189.89999999
SEAPORT GROUP
8-53535
000116270
54930028D6D0G5RZJ888
488.69000000
GOLDMAN SACHS
8-129
000000361
FOR8UP27PHTHYVLBNG30
25561.93000000
JPMORGAN CHASE
8-35008
000000079
ZBUT11V806EZRVTWT807
3922.99000000
UBS
008-22651
000007654
T6FIZBDPKLYJKFCRVK44
397.37000000
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
1287.27000000
COWEN GROUP
8-22522
000007616
549300WR155U7DVMIW58
368.85000000
48579.95000000
UBS
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
1264697.00000000
GOLDMAN SACHS
8-129
000000361
FOR8UP27PHTHYVLBNG30
484205.56000000
BANK OF AMERICA MERRILL LYNCH
8-7221
000007691
8NAV47T0Y26Q87Y0QP81
911010.86000000
DEUTSCHE BANK Securities
8-17822
000002525
9J6MBOOO7BECTDTUZW19
629862.50000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
673510.85000000
JPMORGAN CHASE
8-35008
000000079
ZBUT11V806EZRVTWT807
638295.91000000
CITIGROUP
8-8177
000007059
MBNUM2BPBDO7JBLYG310
846304.23000000
AEGIS CAPITAL CORP
8-31616
000015007
254900S6STN2SDK6LR76
4580081.63000000
BNY Mellon
8-51710
000047268
4EP6JBYBTPTQ47LZOB67
2193155.90000000
MORGAN STANLEY SMITH BARNEY
8-68191
000149777
7PDDXEMZ0ZV0CEDU4D16
1677185.38000000
13898309.81362000
N
14208452.76484930
N
N
N
N
Saratoga Municipal Bond Portfolio
S000010888
549300JU0M53CFGNX452
N
3
0
0
Fund of Funds
N
N
Y
N
BNY Mellon Corp.
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INTERNAL CONTROL RPT
2
saratoga.ncen.txt
SARATOGA IC LETTER
REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM
Shareholders and Board of Trustees
Saratoga Advantage Trust
In planning and performing our audits of the financial
statements of the U.S. Government Money Market
Portfolio, Investment Quality Bond Portfolio, Municipal
Bond Portfolio, Large Capitalization Value Portfolio,
Large Capitalization Growth Portfolio, Mid
Capitalization Portfolio, Small Capitalization Portfolio,
International Equity Portfolio, Health and Biotechnology
Portfolio, Technology and Communications Portfolio,
Financial Services Portfolio, Energy and Basic Materials
Portfolio, James Alpha Macro Portfolio, James Alpha
Global Real Estate Investments Portfolio, James Alpha
Multi Strategy Alternative Income Portfolio, James
Alpha Managed Risk Domestic Equity Portfolio, James
Alpha Managed Risk Emerging Markets Equity
Portfolio, James Alpha Hedged High Income Portfolio,
Aggressive Balanced Allocation Portfolio, Conservative
Balanced Allocation Portfolio, Moderate Balanced
Allocation Portfolio, Moderately Aggressive Balanced
Allocation Portfolio, Moderately Conservative Balanced
Allocation Portfolio and James Alpha Momentum
Portfolio (the Funds), as of and for the year ended
August 31, 2019, in accordance with the standards of the
Public Company Accounting Oversight Board (United
States), we considered the Funds internal control over
financial reporting, including controls over safeguarding
securities, as a basis for designing our auditing
procedures for the purpose of expressing our opinion on
the financial statements and to comply with the
requirements of Form N-CEN, but not for the purpose of
expressing an opinion on the effectiveness of the Funds
internal control over financial reporting. Accordingly,
we express no such opinion.
The management of the Funds is responsible for
establishing and maintaining effective internal control
over financial reporting. In fulfilling this responsibility,
estimates and judgments by management are required to
assess the expected benefits and related costs of controls.
A companys internal control over financial reporting is a
process designed to provide reasonable assurance
regarding the reliability of financial reporting and the
preparation of financial statements for external purposes
in accordance with generally accepted accounting
principles. A companys internal control over financial
reporting includes those policies and procedures that (1)
pertain to the maintenance of records that, in reasonable
detail, accurately and fairly reflect the transactions and
dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements in
accordance with generally accepted accounting
principles, and that receipts and expenditures of the
company are being made only in accordance with
authorizations of management and directors of the
company; and (3) provide reasonable assurance
regarding prevention or timely detection of unauthorized
acquisition, use or disposition of a companys assets that
could have a material effect on the financial statements.
Because of inherent limitations, internal control over
financial reporting may not prevent or detect
misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that
controls may become inadequate because of changes in
conditions, or that the degree of compliance with the
policies or procedures may deteriorate.
A deficiency in internal control over financial reporting
exists when the design or operation of a control does not
allow management or employees, in the normal course
of performing their assigned functions, to prevent or
detect misstatements on a timely basis. A material
weakness is a deficiency, or combination of deficiencies,
in internal control over financial reporting, such that
there is a reasonable possibility that a material
misstatement of the companys annual or interim
financial statements will not be prevented or detected on
a timely basis.
Our consideration of the Funds internal control over
financial reporting was for the limited purpose described
in the first paragraph and would not necessarily disclose
all deficiencies in internal control that might be material
weaknesses under standards established by the Public
Company Accounting Oversight Board (United States).
However, we noted no deficiencies in the Funds internal
control over financial reporting and its operation,
including controls over safeguarding securities, that we
consider to be material weaknesses as defined above as
of August 31, 2019.
This report is intended solely for the information and use
of management, the Board of Trustees of the Saratoga
Advantage Trust and the Securities and Exchange
Commission and is not intended to be and should not be
used by anyone other than these specified parties.
/S/ TAIT, WELLER & BAKER LLP
Philadelphia, Pennsylvania
October 30, 2019