About EIXAX
Catalyst Enhanced Income Strategy Fund Class A is a mutual fund designed to provide current income chiefly by investing in agency and non-agency commercial and residential mortgage-backed securities, along with other asset-backed securities. This fund distinguishes itself by focusing on often-overlooked segments of the mortgage-backed securities market, particularly non-agency residential mortgage-backed securities, and may also target securities backed by assets such as aircraft, automobiles, credit card receivables, and student loans. The management team employs a niche, value-driven approach, selecting securities based on detailed analyses of risk, collateral quality, structure, liquidity, and market dynamics, with a preference for undervalued opportunities that can offer consistent income in a wide range of interest rate environments. The fund aims to distribute its net income to shareholders monthly, supplemented by annual distributions of capital gains. With a substantial portfolio and a relatively high number of holdings, the Catalyst Enhanced Income Strategy Fund Class A serves as a specialized option for investors seeking exposure to structured credit and asset-backed debt instruments within the fixed income sector.
Fund Family Catalyst Mutual Funds
Category Multi-Sector Inc
Performance Rating Low
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol EIXAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
EIXAX had a total return of -19.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been -1.10%.
