James Alpha Global Real Estate Investments Fund Substantially Increases Quarterly Distribution to $0.51

^{Published on 2012-10-02 11:00:40 - Market Wire}
 

James Alpha Global Real Estate Investments Fund Substantially Increases Quarterly Distribution to $0.51 -- DENVER, Oct. 2, 2012 /PRNewswire/ --

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DENVER, Oct. 2, 2012 /PRNewswire/ -- The James Alpha Global Real Estate Investments Fund (NASDAQ: [ JAREX ]) increased its quarterly distribution to common shareholders by 37.8%, to $0.51 per common share.

The distribution of $0.51 per common share was paid on September 27, 2012 to common shareholders of record as of the close of business on September 26, 2012. This distribution represents a 37.8% increase over the prior quarter's distribution of $0.37 per share. The distribution was comprised of $0.2445 per share of net investment income and $0.2655 per share of short-term capital gains. Short-term capital gains are treated as ordinary income for tax purposes. The closing net asset value per share of the Fund after payment of the Q3 distribution was $21.90.  

As of September 30^th, 2012 the Fund has generated the following total returns for the periods indicated:

Performance data quoted above are historical. Past performance does not guarantee future results and current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate, so that shares when redeemed may be worth more or less than their original cost. The Fund also offers C and I shares. Information about those share class distributions and returns can be received by calling the Fund's distributor at 303-220-3866.  The Fund's management has contractually waived a portion of its management fees until December 31, 2014. The performance shown reflects the waivers without which the performance would have been lower. Total annual operating expenses after the expense reduction/reimbursement are 2.76% for A shares; total annual operating expenses before the expense reduction / reimbursement are 2.84% for A Shares. 5.75% is the maximum sales charge on purchases of A shares. For more performance numbers current to the most recent month end please call (303) 220-3863.

The James Alpha Global Real Estate Investments Fund is an open-end mutual fund which invests in a diversified portfolio of publicly-traded, global real estate securities ("REITs"). The Fund's investment objective is to provide investors with a total return through a combination of current income and capital appreciation. The Fund employs potential income-enhancing strategies with the goal of increasing the Fund's total distribution yield. Please see the prospectus for more details on the risks, as well as the potential benefits, of the Fund's investment strategy.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund. This and other information is contained in the Fund's prospectus, which can be obtained by calling (303) 220-3863 and should be read carefully before investing. The Saratoga Advantage Trust's Funds, including the James Alpha Global Real Estate Investments Fund, are distributed by Northern Lights Distributors, LLC, member FINRA, and sub-distributed by Ascent Real Estate Securities, LLC, member FINRA / SIPC. Ascent Real Estate Securities, LLC is not affiliated with Northern Lights Distributors, LLC.                                                    

There is no assurance that the Fund ("JAREX") will be able to pay a distribution of any particular size, or that a distribution will consist only of net investment income. Future distributions may consist of net investment income, realized capital gains (long- or short-term) and/or a return of capital.

The Fund is subject to stock market risk, which is the risk that stock prices overall will decline over short or long periods, adversely affecting the value of an investment. Risks of one's ownership are similar to those associated with direct ownership of real estate, such as changes in real estate values, interest rates, cash flow of underlying real estate assets, supply and demand, and the creditworthiness of the issuer. International investing poses special risks, including currency fluctuations and economic and political risks not found in investments that are solely domestic. Options involve risk and are not suitable for all investors. Writing a covered call option allows the fund to receive a premium (income) for giving the right to a third party to purchase shares that the Fund owns in a given company at a set price for a certain period of time. There is no guarantee of success for any options strategy. Increased portfolio turnover may result in higher brokerage commissions, dealer mark-ups and other transaction costs and may result in taxable capital gains. Investments in lesser-known, small and medium capitalization companies may be more vulnerable to these and other risks than larger, more established organizations.

WARNINGS REGARDING FORWARD LOOKING STATEMENTS

THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER FEDERAL SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON THE FUND'S PRESENT BELIEFS AND EXPECTATIONS, BUT THEY ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR NUMEROUS REASONS, SOME OF WHICH ARE BEYOND THE FUND'S CONTROL. THE FUND CAN PROVIDE NO ASSURANCE THAT ITS FUTURE EARNINGS WILL BE SUFFICIENT TO ENABLE THE FUND TO PAY A REGULAR QUARTERLY DISTRIBUTION OF $0.51 PER SHARE OR AT A RATE GREATER THAN ANY PRIOR DISTRIBUTION. THE DIVIDENDS WHICH THE FUND HAS RECEIVED FROM ITS INVESTMENTS IN REITS MAY BE CHARACTERIZED BY THOSE REITS DIFFERENTLY THAN THE FUND NOW EXPECTS. FOR THIS REASON, AMONG OTHERS, SOME OF THE DISTRIBUTION DESCRIBED IN THIS PRESS RELEASE MAY CONSIST OF CAPITAL GAINS OR RETURN OF CAPITAL.

FOR THESE AND OTHER REASONS, INVESTORS SHOULD NOT PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS.

1472-NLD-10/1/2012

Contact:
Randy Lewis
303-220-3863

SOURCE The James Alpha Global Real Estate Investments Fund