Catalyst/CIFC Senior Secured Income Fund Class A (CFRAX)
| Fund Assets | 773.61M |
| Expense Ratio | 1.17% |
| Min. Investment | $2,500 |
| Turnover | 117.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 6.30% |
| Dividend Growth | -21.64% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.53 |
| YTD Return | -1.00% |
| 1-Year Return | 4.23% |
| 5-Year Return | 27.75% |
| 52-Week Low | 8.94 |
| 52-Week High | 9.64 |
| Beta (5Y) | 0.11 |
| Holdings | 276 |
| Inception Date | Dec 31, 2012 |
About CFRAX
Catalyst/CIFC Senior Secured Income Fund Class A is an open‑end mutual fund focused on generating **current income** through a portfolio of corporate credit. The fund primarily invests in **senior secured floating‑rate bank loans**, also known as adjustable‑rate or floating‑rate loans, which pay interest that resets with changes in short‑term benchmark rates. These loans are typically secured by a lien on the borrower’s assets and occupy a **senior position in the capital structure**, giving them payment priority over subordinated debt, bonds, and equity. The strategy emphasizes **risk management** by targeting income-producing opportunities while seeking to limit interest rate sensitivity and manage default risk. Portfolio construction is driven by a research‑intensive credit underwriting process, with ongoing monitoring and re-underwriting of holdings. The fund distributes income on a **monthly** basis and is positioned within the bank loan category as a tool for investors seeking exposure to secured corporate credit and floating‑rate income within a diversified fixed income allocation.
Performance
CFRAX had a total return of 4.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.11%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.044 | Feb 2, 2026 |
| Dec 31, 2025 | $0.05279 | Jan 2, 2026 |
| Nov 28, 2025 | $0.04533 | Dec 1, 2025 |
| Oct 31, 2025 | $0.05115 | Nov 3, 2025 |
| Sep 30, 2025 | $0.05459 | Oct 1, 2025 |
| Aug 29, 2025 | $0.04911 | Sep 2, 2025 |