# EDGAR Filing Document

**Accession Number:** 0000924628
**File Stem:** 0000910472-25-002608
**Filing Date:** 2025-10
**Character Count:** 7976
**Document Hash:** eb96afdc5df5c004445ee70b6273f86f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-002608.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0000910472-25-002608

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SARATOGA ADVANTAGE TRUST
- **CENTRAL INDEX KEY:** 0000924628

**ORGANIZATION NAME:**
- **EIN:** 137044280
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08542
- **FILM NUMBER:** 251429433

**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

## Series and Classes Contracts Data

### Moderate Balanced Allocation Portfolio (Series ID: S000060151)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000196877 | Moderate Balanced Allocation Portfolio Class A | SMPAX           |
| C000196878 | Moderate Balanced Allocation Portfolio Class C | SBMCX           |
| C000196879 | Moderate Balanced Allocation Portfolio Class I | SBMIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** SARATOGA ADVANTAGE TRUST

- **b. Investment Company Act file number:** 811-08542

- **c. CIK number of Registrant:** 0000924628

- **d. LEI of Registrant:** 549300ELDSPPW4ZGNR88

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 12725 W. Indian School Road

  - **City:** AVONDALE

  - **State:** AZ

  - **Foreign country:** US

  - **Zip / Postal Code:** 85392

  - **Telephone number:** 623-266-4567

**Item A.2. Information about the Series.**

- **a. Name of Series:** Moderate Balanced Allocation Portfolio

- **b. EDGAR series identifier (if any):** S000060151

- **c. LEI of Series:** 549300P4TRZFLY6SMX86

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2559471.89

**Total Liabilities:** $65423.92

**Net Assets:** $2494047.97

**Cash Not Reported:** $789.86

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000196879 | 3.44%                | 1.27%                | 1.33%                |
| Class ID C000196878 | 3.35%                | 1.13%                | 1.28%                |
| Class ID C000196877 | 3.37%                | 1.19%                | 1.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $78174.14                                  |
| Month 2  | $0.00                    | $28903.46                                  |
| Month 3  | $0.00                    | $31321.94                                  |

### Schedule of Portfolio Investments

| Name                           | Title            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Saratoga Advantage Trust       | SARATOGA-S/C-I   | CUSIP: 803431600<br>LEI: N/A                  | Long             | EC               | RF                | US        |     12953 | NS      | $96760.21     | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Saratoga Advantage Trust       | SARATOGA-M/C-I   | CUSIP: 803431535<br>LEI: N/A                  | Long             | EC               | RF                | US        |     19663 | NS      | $290033.19    | 11.63%            |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Instl Resv             | DREYFUS-INS-IS   | CUSIP: 26200X100<br>LEI: 549300FG0OZ5YKPLK622 | Long             | STIV             | RF                | US        |    180253 | PA      | $180253.06    | 7.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Saratoga Advantage Trust       | SARATOGA-L VAL-I | CUSIP: 803431402<br>LEI: N/A                  | Long             | EC               | RF                | US        |     14374 | NS      | $426191.18    | 17.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Saratoga Advantage Trust       | SARATOGA ENG B-I | CUSIP: 803431576<br>LEI: N/A                  | Long             | EC               | RF                | US        |      2507 | NS      | $34252.00     | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Saratoga Advantage Trust       | SARATOGA-LCG-I   | CUSIP: 803431501<br>LEI: N/A                  | Long             | EC               | RF                | US        |     14956 | NS      | $492063.82    | 19.73%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Bond Index Funds      | VANG-IN B I-ADM  | CUSIP: 921937801<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |     50628 | NS      | $532099.78    | 21.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund            | VANG-FIN IND-ADM | CUSIP: 92204A835<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |       760 | NS      | $50292.92     | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance Mutual Funds Trust | EV-GL MAC AR-I   | CUSIP: 277923728<br>LEI: 549300C67AFHZKODE756 | Long             | EC               | RF                | US        |     19946 | NS      | $173131.08    | 6.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Bond Index Funds      | VANG-L/T BD-ADM  | CUSIP: 921937652<br>LEI: 549300INE5BF80OGAZ51 | Long             | EC               | RF                | US        |      5653 | NS      | $58961.95     | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Saratoga Advantage Trust       | SAT-HL & BIO-I   | CUSIP: 803431717<br>LEI: N/A                  | Long             | EC               | RF                | US        |      1841 | NS      | $42387.53     | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Saratoga Advantage Trust       | SARATOGA-A/T T-I | CUSIP: 803431667<br>LEI: N/A                  | Long             | EC               | RF                | US        |      2062 | NS      | $59742.98     | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Star Fund             | VANG-TO INT-ADM  | CUSIP: 921909818<br>LEI: 5493005RYBM6XD8JKF03 | Long             | EC               | RF                | US        |      1669 | NS      | $63891.73     | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-26

**Name of Applicant:** SARATOGA ADVANTAGE TRUST

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Assistant Treasurer