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 Nontraditional Bond
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 -10.61% in the past year, including dividends.
Since the fund's inception, the average annual return has been 0.22%.
