# EDGAR Filing Document

**Accession Number:** 0000924628
**File Stem:** 0001580642-25-007552
**Filing Date:** 2025-12
**Character Count:** 23238
**Document Hash:** 3cec4d420c90ba8c40f89f98da918e44
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-25-007552.hdr.sgml**: 20251203

**ACCESSION NUMBER**: 0001580642-25-007552

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20251203

**DATE AS OF CHANGE**: 20251203

**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:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08542
- **FILM NUMBER:** 251547174

**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

### U.S. Government Money Market Portfolio (Series ID: S000010883)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| 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           |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000924628

### General Information

**Report for (YYYY-MM-DD):** 2025-11-30

**Registrant Full Name:** The Saratoga Advantage Trust

**CIK Number of Registrant:** 0000924628

**LEI of Registrant:** 549300ELDSPPW4ZGNR88

**Name of Series:** Saratoga U.S. Government Money Market Portfolio

**LEI of Series:** 549300HUKMZ1LNQW2442

**EDGAR Series Identifier:** S000010883

**Total number of share classes in the series:** 3

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                                     | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | Saratoga Capital Management, LLC                            | 801-46534         |
| Independent Public Accountant | Tait, Weller & Baker LLP<br>City: Philadelphia<br>State: PA |  |
| Administrator                 | Gemini Fund Services, LLC                                   |  |
| Transfer Agent                | Gemini Fund Services, LLC<br>CIK: 0001253179                | 084-06083         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 033-79708

- **Is this a Feeder Fund?:** No

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Government

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** No

- **WAM:** 1 days

- **WAL:** 1 days

- **Total Value of Portfolio Securities:** $4106588.56

- **Amortized Cost of Portfolio Securities:** $4106588.56

- **Cash:** $0.00

- **Total Other Assets:** $13641.64

- **Total Liabilities:** $9535.36

- **Net Assets of Series:** $4110694.84

- **Number of Shares Outstanding (Series):** 4116828.5910

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2025-11-03 | $3919904.77               | $3919904.77                | 99.9400%                  | 99.9400%                   |
| 2025-11-04 | $3919894.69               | $3919894.69                | 99.9300%                  | 99.9300%                   |
| 2025-11-05 | $3918604.08               | $3918604.08                | 99.9200%                  | 99.9200%                   |
| 2025-11-06 | $3937135.37               | $3937135.37                | 99.9100%                  | 99.9100%                   |
| 2025-11-07 | $3938825.56               | $3938825.56                | 99.8900%                  | 99.8900%                   |
| 2025-11-10 | $3839771.99               | $3839771.99                | 99.8600%                  | 99.8600%                   |
| 2025-11-11 | $3845562.07               | $3845562.07                | 99.7200%                  | 99.7200%                   |
| 2025-11-12 | $3850619.35               | $3850619.35                | 99.8400%                  | 99.8400%                   |
| 2025-11-13 | $3848814.09               | $3848814.09                | 99.8300%                  | 99.8300%                   |
| 2025-11-14 | $3848814.09               | $3848814.09                | 99.8200%                  | 99.8200%                   |
| 2025-11-17 | $3846418.85               | $3846418.85                | 99.7900%                  | 99.7900%                   |
| 2025-11-18 | $3852229.33               | $3852229.33                | 99.7800%                  | 99.7800%                   |
| 2025-11-19 | $3869730.47               | $3869730.47                | 99.7700%                  | 99.7700%                   |
| 2025-11-20 | $3869995.30               | $3869995.30                | 99.7600%                  | 99.7600%                   |
| 2025-11-21 | $3872889.46               | $3872889.46                | 99.7500%                  | 99.7500%                   |
| 2025-11-24 | $3872870.91               | $3872870.91                | 99.7200%                  | 99.7200%                   |
| 2025-11-25 | $3871232.78               | $3871232.78                | 99.6800%                  | 99.6800%                   |
| 2025-11-26 | $4010406.14               | $4010406.14                | 99.6800%                  | 99.6800%                   |
| 2025-11-28 | $4106588.56               | $4106588.56                | 99.6700%                  | 99.6700%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-11-03 | 3.9900%             |
| 2025-11-04 | 3.9800%             |
| 2025-11-05 | 3.9800%             |
| 2025-11-06 | 3.9800%             |
| 2025-11-07 | 3.9600%             |
| 2025-11-10 | 3.9200%             |
| 2025-11-11 | 3.9200%             |
| 2025-11-12 | 3.9000%             |
| 2025-11-13 | 3.8900%             |
| 2025-11-14 | 3.8800%             |
| 2025-11-17 | 3.8700%             |
| 2025-11-18 | 3.8600%             |
| 2025-11-19 | 3.8600%             |
| 2025-11-20 | 3.8500%             |
| 2025-11-21 | 3.8400%             |
| 2025-11-24 | 3.8300%             |
| 2025-11-25 | 3.8300%             |
| 2025-11-26 | 3.8300%             |
| 2025-11-28 | 3.8300%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-11-03 | 0.9984                      |
|  |  |
| 2025-11-04 | 0.9984                      |
|  |  |
| 2025-11-05 | 0.9984                      |
|  |  |
| 2025-11-06 | 0.9984                      |
|  |  |
| 2025-11-07 | 0.9984                      |
|  |  |
| 2025-11-10 | 0.9984                      |
|  |  |
| 2025-11-11 | 0.9984                      |
|  |  |
| 2025-11-12 | 0.9984                      |
|  |  |
| 2025-11-13 | 0.9984                      |
|  |  |
| 2025-11-14 | 0.9984                      |
|  |  |
| 2025-11-17 | 0.9984                      |
|  |  |
| 2025-11-18 | 0.9984                      |
|  |  |
| 2025-11-19 | 0.9984                      |
|  |  |
| 2025-11-20 | 0.9984                      |
|  |  |
| 2025-11-21 | 0.9984                      |
|  |  |
| 2025-11-24 | 0.9984                      |
|  |  |
| 2025-11-25 | 0.9984                      |
|  |  |
| 2025-11-26 | 0.9985                      |
|  |  |
| 2025-11-28 | 0.9985                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: Saratoga U.S. Government Money Market Portfolio Class A

- **Minimum Initial Investment:** $2500.00

- **Net Assets of Class:** $55565.40

- **Number of Shares Outstanding:** 55565.8900

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 1.0000          |
|  |  |
| 2025-11-04 | 1.0000          |
|  |  |
| 2025-11-05 | 1.0000          |
|  |  |
| 2025-11-06 | 1.0000          |
|  |  |
| 2025-11-07 | 1.0000          |
|  |  |
| 2025-11-10 | 1.0000          |
|  |  |
| 2025-11-11 | 1.0000          |
|  |  |
| 2025-11-12 | 1.0000          |
|  |  |
| 2025-11-13 | 1.0000          |
|  |  |
| 2025-11-14 | 1.0000          |
|  |  |
| 2025-11-17 | 1.0000          |
|  |  |
| 2025-11-18 | 1.0000          |
|  |  |
| 2025-11-19 | 1.0000          |
|  |  |
| 2025-11-20 | 1.0000          |
|  |  |
| 2025-11-21 | 1.0000          |
|  |  |
| 2025-11-24 | 1.0000          |
|  |  |
| 2025-11-25 | 1.0000          |
|  |  |
| 2025-11-26 | 1.0000          |
|  |  |
| 2025-11-28 | 1.0000          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $89.36                    | $0.00                   |
| 2025-11-04 | $0.00                     | $0.00                   |
| 2025-11-05 | $0.00                     | $0.00                   |
| 2025-11-06 | $0.00                     | $0.00                   |
| 2025-11-07 | $0.00                     | $0.00                   |
| 2025-11-10 | $0.00                     | $0.00                   |
| 2025-11-11 | $0.00                     | $0.00                   |
| 2025-11-12 | $0.00                     | $0.00                   |
| 2025-11-13 | $0.00                     | $0.00                   |
| 2025-11-14 | $0.00                     | $0.00                   |
| 2025-11-17 | $0.00                     | $0.00                   |
| 2025-11-18 | $0.00                     | $0.00                   |
| 2025-11-19 | $0.00                     | $0.00                   |
| 2025-11-20 | $0.00                     | $0.00                   |
| 2025-11-21 | $0.00                     | $653.32                 |
| 2025-11-24 | $0.00                     | $0.00                   |
| 2025-11-25 | $0.00                     | $0.00                   |
| 2025-11-26 | $5253.73                  | $0.00                   |
| 2025-11-28 | $0.00                     | $0.00                   |

**Total Gross Subscriptions (Month):** $5343.09

**Total Gross Redemptions (Month):** $653.32

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 2.0600%           |
| 2025-11-04 | 2.0600%           |
| 2025-11-05 | 2.0500%           |
| 2025-11-06 | 2.0500%           |
| 2025-11-07 | 2.0400%           |
| 2025-11-10 | 2.0000%           |
| 2025-11-11 | 1.9900%           |
| 2025-11-12 | 1.9700%           |
| 2025-11-13 | 1.9500%           |
| 2025-11-14 | 1.9400%           |
| 2025-11-17 | 1.9200%           |
| 2025-11-18 | 1.9200%           |
| 2025-11-19 | 1.9200%           |
| 2025-11-20 | 1.9100%           |
| 2025-11-21 | 1.9100%           |
| 2025-11-24 | 1.9000%           |
| 2025-11-25 | 1.9000%           |
| 2025-11-26 | 1.9000%           |
| 2025-11-28 | 1.9200%           |

**Beneficial/Record Owner Categories**
| Category        | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Retail investor |  | 60.3100%         | 60.3100%             |
| Retail investor |  | 17.0000%         | 17.0000%             |
| Retail investor |  | 14.5800%         | 14.5800%             |

### Class: Saratoga U.S. Government Money Market Portfolio Class C

- **Minimum Initial Investment:** $10000.00

- **Net Assets of Class:** $130339.84

- **Number of Shares Outstanding:** 130348.9800

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 0.9999          |
|  |  |
| 2025-11-04 | 0.9999          |
|  |  |
| 2025-11-05 | 0.9999          |
|  |  |
| 2025-11-06 | 0.9999          |
|  |  |
| 2025-11-07 | 0.9999          |
|  |  |
| 2025-11-10 | 0.9999          |
|  |  |
| 2025-11-11 | 0.9999          |
|  |  |
| 2025-11-12 | 0.9999          |
|  |  |
| 2025-11-13 | 0.9999          |
|  |  |
| 2025-11-14 | 0.9999          |
|  |  |
| 2025-11-17 | 0.9999          |
|  |  |
| 2025-11-18 | 0.9999          |
|  |  |
| 2025-11-19 | 0.9999          |
|  |  |
| 2025-11-20 | 0.9999          |
|  |  |
| 2025-11-21 | 0.9999          |
|  |  |
| 2025-11-24 | 0.9999          |
|  |  |
| 2025-11-25 | 0.9999          |
|  |  |
| 2025-11-26 | 0.9999          |
|  |  |
| 2025-11-28 | 0.9999          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $162.32                   | $0.00                   |
| 2025-11-04 | $0.00                     | $0.00                   |
| 2025-11-05 | $0.00                     | $0.00                   |
| 2025-11-06 | $0.00                     | $0.00                   |
| 2025-11-07 | $0.00                     | $0.00                   |
| 2025-11-10 | $0.00                     | $0.00                   |
| 2025-11-11 | $0.00                     | $0.00                   |
| 2025-11-12 | $0.00                     | $0.00                   |
| 2025-11-13 | $0.00                     | $0.00                   |
| 2025-11-14 | $0.00                     | $0.00                   |
| 2025-11-17 | $0.00                     | $0.00                   |
| 2025-11-18 | $0.00                     | $0.00                   |
| 2025-11-19 | $0.00                     | $0.00                   |
| 2025-11-20 | $0.00                     | $0.00                   |
| 2025-11-21 | $0.00                     | $0.00                   |
| 2025-11-24 | $0.00                     | $0.00                   |
| 2025-11-25 | $0.00                     | $0.00                   |
| 2025-11-26 | $0.00                     | $0.00                   |
| 2025-11-28 | $0.00                     | $0.00                   |

**Total Gross Subscriptions (Month):** $162.32

**Total Gross Redemptions (Month):** $0.00

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 1.4600%           |
| 2025-11-04 | 1.4600%           |
| 2025-11-05 | 1.4600%           |
| 2025-11-06 | 1.4600%           |
| 2025-11-07 | 1.4400%           |
| 2025-11-10 | 1.4000%           |
| 2025-11-11 | 1.3900%           |
| 2025-11-12 | 1.3700%           |
| 2025-11-13 | 1.3500%           |
| 2025-11-14 | 1.3400%           |
| 2025-11-17 | 1.3200%           |
| 2025-11-18 | 1.3100%           |
| 2025-11-19 | 1.3100%           |
| 2025-11-20 | 1.3100%           |
| 2025-11-21 | 1.3000%           |
| 2025-11-24 | 1.3000%           |
| 2025-11-25 | 1.3000%           |
| 2025-11-26 | 1.3000%           |
| 2025-11-28 | 1.3100%           |

**Beneficial/Record Owner Categories**
| Category        | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Retail investor |  | 62.1300%         | 62.1300%             |
| Retail investor |  | 13.6200%         | 13.6200%             |
| Retail investor |  | 9.3500%          | 9.3500%              |
| Retail investor |  | 7.9300%          | 7.9300%              |

### Class: Saratoga U.S. Government Money Market Portfolio Class I

- **Minimum Initial Investment:** $10000.00

- **Net Assets of Class:** $3924789.60

- **Number of Shares Outstanding:** 3930913.7210

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 0.9984          |
|  |  |
| 2025-11-04 | 0.9984          |
|  |  |
| 2025-11-05 | 0.9984          |
|  |  |
| 2025-11-06 | 0.9984          |
|  |  |
| 2025-11-07 | 0.9984          |
|  |  |
| 2025-11-10 | 0.9983          |
|  |  |
| 2025-11-11 | 0.9983          |
|  |  |
| 2025-11-12 | 0.9983          |
|  |  |
| 2025-11-13 | 0.9983          |
|  |  |
| 2025-11-14 | 0.9983          |
|  |  |
| 2025-11-17 | 0.9983          |
|  |  |
| 2025-11-18 | 0.9983          |
|  |  |
| 2025-11-19 | 0.9983          |
|  |  |
| 2025-11-20 | 0.9983          |
|  |  |
| 2025-11-21 | 0.9983          |
|  |  |
| 2025-11-24 | 0.9983          |
|  |  |
| 2025-11-25 | 0.9983          |
|  |  |
| 2025-11-26 | 0.9984          |
|  |  |
| 2025-11-28 | 0.9984          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $10769.68                 | $3336.99                |
| 2025-11-04 | $10.50                    | $27.57                  |
| 2025-11-05 | $0.00                     | $1290.45                |
| 2025-11-06 | $18531.31                 | $0.02                   |
| 2025-11-07 | $1690.19                  | $0.00                   |
| 2025-11-10 | $1088.70                  | $100142.27              |
| 2025-11-11 | $10847.36                 | $0.00                   |
| 2025-11-12 | $0.00                     | $0.00                   |
| 2025-11-13 | $0.00                     | $0.00                   |
| 2025-11-14 | $3255.00                  | $3255.00                |
| 2025-11-17 | $5634.50                  | $8029.74                |
| 2025-11-18 | $5814.83                  | $4.35                   |
| 2025-11-19 | $20088.09                 | $2583.93                |
| 2025-11-20 | $264.85                   | $0.01                   |
| 2025-11-21 | $3547.58                  | $0.10                   |
| 2025-11-24 | $0.00                     | $18.55                  |
| 2025-11-25 | $1.95                     | $205.84                 |
| 2025-11-26 | $144214.49                | $10300.86               |
| 2025-11-28 | $96914.35                 | $731.52                 |

**Total Gross Subscriptions (Month):** $322673.38

**Total Gross Redemptions (Month):** $129927.20

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 2.4600%           |
| 2025-11-04 | 2.4500%           |
| 2025-11-05 | 2.4500%           |
| 2025-11-06 | 2.4500%           |
| 2025-11-07 | 2.4400%           |
| 2025-11-10 | 2.4000%           |
| 2025-11-11 | 2.3900%           |
| 2025-11-12 | 2.3700%           |
| 2025-11-13 | 2.3600%           |
| 2025-11-14 | 2.3500%           |
| 2025-11-17 | 2.3300%           |
| 2025-11-18 | 2.3200%           |
| 2025-11-19 | 2.3100%           |
| 2025-11-20 | 2.3000%           |
| 2025-11-21 | 2.3000%           |
| 2025-11-24 | 2.3000%           |
| 2025-11-25 | 2.2900%           |
| 2025-11-26 | 2.3000%           |
| 2025-11-28 | 2.3100%           |

**Beneficial/Record Owner Categories**
| Category        | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Retail investor |  | 9.1700%          | 9.1700%              |
| Retail investor |  | 7.9200%          | 7.9200%              |
| Retail investor |  | 6.1900%          | 6.1900%              |
| Retail investor |  | 5.0700%          | 5.0700%              |

## Part C: Schedule of Portfolio Securities

### Security 1: BlackRock Liquidity FedFund

- **C.1 - Title:** BlackRock Liquidity FedFund
- **C.6 - Investment Category:** Other Instrument
- **Identifiers:** C.3 - CUSIP: 09248U700, C.3 - LEI: None, C.5 - Other ID: US09248U7000
- **C.18 - Value (incl. sponsor support):** $1026647.49
- **C.18.a - Value (excl. sponsor support):** $1026647.49
- **C.19 - Percentage of Net Assets:** 24.9800%
- **C.17 - Yield as of Reporting Date:** 3.8800%
- **C.11 - Maturity Date (WAM):** 2025-11-28
- **C.12 - Maturity Date (WAL):** 2025-11-28
- **C.13 - Final Legal Maturity Date:** 2025-11-28
- **C.10 - Ratings:** None: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 2: Dreyfus Government Cash Management

- **C.1 - Title:** Dreyfus Government Cash Management
- **C.6 - Investment Category:** Other Instrument
- **Identifiers:** C.3 - CUSIP: 262006208, C.3 - LEI: None, C.5 - Other ID: US2620062081
- **C.18 - Value (incl. sponsor support):** $1026647.49
- **C.18.a - Value (excl. sponsor support):** $1026647.49
- **C.19 - Percentage of Net Assets:** 24.9800%
- **C.17 - Yield as of Reporting Date:** 3.8600%
- **C.11 - Maturity Date (WAM):** 2025-11-28
- **C.12 - Maturity Date (WAL):** 2025-11-28
- **C.13 - Final Legal Maturity Date:** 2025-11-28
- **C.10 - Ratings:** None: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 3: JPMorgan US Government Money Market Fund

- **C.1 - Title:** JPMorgan US Government Money Market Fund
- **C.6 - Investment Category:** Other Instrument
- **Identifiers:** C.3 - CUSIP: 4812C0670, C.3 - LEI: None, C.5 - Other ID: US4812C06707
- **C.18 - Value (incl. sponsor support):** $1026646.09
- **C.18.a - Value (excl. sponsor support):** $1026646.09
- **C.19 - Percentage of Net Assets:** 24.9800%
- **C.17 - Yield as of Reporting Date:** 3.9000%
- **C.11 - Maturity Date (WAM):** 2025-11-28
- **C.12 - Maturity Date (WAL):** 2025-11-28
- **C.13 - Final Legal Maturity Date:** 2025-11-28
- **C.10 - Ratings:** None: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 4: Federated Hermes Government Obligations Fund

- **C.1 - Title:** Federated Hermes Government Obligations Fund
- **C.6 - Investment Category:** Other Instrument
- **Identifiers:** C.3 - CUSIP: 60934N104, C.3 - LEI: None, C.5 - Other ID: US60934N1046
- **C.18 - Value (incl. sponsor support):** $1026647.49
- **C.18.a - Value (excl. sponsor support):** $1026647.49
- **C.19 - Percentage of Net Assets:** 24.9800%
- **C.17 - Yield as of Reporting Date:** 3.8200%
- **C.11 - Maturity Date (WAM):** 2025-11-28
- **C.12 - Maturity Date (WAL):** 2025-11-28
- **C.13 - Final Legal Maturity Date:** 2025-11-28
- **C.10 - Ratings:** None: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** Saratoga Advantage Trust

**Date:** 2025-12-03

**By:** /s/ Bruce E. Ventimiglia

**Name of Signing Officer:** Bruce E. Ventimiglia

**Title of Signing Officer:** Chief Executive Officer