Catalyst/CIFC Senior Secured Income Fund Class A (CFRAX)
| Fund Assets | 773.62M |
| Expense Ratio | 1.19% |
| Min. Investment | $2,500 |
| Turnover | 117.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 6.12% |
| Dividend Growth | -17.30% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.01 |
| YTD Return | 0.92% |
| 1-Year Return | 3.99% |
| 5-Year Return | 22.60% |
| 52-Week Low | 8.92 |
| 52-Week High | 9.25 |
| Beta (5Y) | 0.11 |
| Holdings | 308 |
| Inception Date | Dec 31, 2012 |
About CFRAX
Catalyst/CIFC Senior Secured Income Fund Class A is a mutual fund share class designed to generate current income through investments primarily in senior floating rate bank loans. These adjustable rate securities pay variable interest that adjusts with short-term rate changes, helping to mitigate interest rate risk and duration exposure in portfolios. The fund focuses on senior secured corporate loans, which hold a top priority position in a company's capital structure and are typically backed by liens on borrower assets, providing payment precedence over subordinate debt or equity. Managed by Catalyst Capital Advisors LLC with sub-advisory from CIFC Investment Management LLC, it employs a disciplined, research-intensive approach to select securities, balancing bottom-up company analysis with top-down macro and industry insights. The portfolio emphasizes high current income potential while prioritizing risk management through careful credit underwriting and relative value assessment. Investors receive monthly distributions accrued daily from net investment income. This Class A structure caters to those seeking income from below-investment-grade debt instruments in the bank loan category.
Performance
CFRAX had a total return of 3.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.10%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04923 | Jul 1, 2026 |
| May 29, 2026 | $0.04531 | Jun 1, 2026 |
| Apr 30, 2026 | $0.04624 | May 1, 2026 |
| Mar 31, 2026 | $0.04611 | Apr 1, 2026 |
| Feb 27, 2026 | $0.04072 | Mar 2, 2026 |
| Jan 30, 2026 | $0.044 | Feb 2, 2026 |