Catalyst/SMH High Income Fund Class C (HIICX)
| Fund Assets | 117.27M |
| Expense Ratio | 2.24% |
| Min. Investment | $2,500 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 4.76% |
| Dividend Growth | -11.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 30, 2026 |
| Previous Close | 3.950 |
| YTD Return | -1.67% |
| 1-Year Return | 14.83% |
| 5-Year Return | 24.57% |
| 52-Week Low | 3.420 |
| 52-Week High | 4.150 |
| Beta (5Y) | n/a |
| Holdings | 56 |
| Inception Date | May 21, 2008 |
About HIICX
Catalyst/SMH High Income Fund Class C is a mutual fund designed to offer investors a high level of current income, with capital appreciation as a secondary objective. The fund primarily invests in a portfolio of high-yield corporate bonds, convertible securities, and preferred stocks, making it a participant in the high-yield bond segment of the market. Its investment approach is rooted in a disciplined, bottom-up analysis, focusing on securities that present the best relative value while emphasizing credit quality and tangible asset coverage. This methodology aims to reduce credit and market risks by targeting income-producing securities that are often below investment grade, thus offering higher yields but with increased risk exposure. Managed by Catalyst Capital Advisors LLC, with SMH Capital Advisors as the sub-advisor, the fund serves investors seeking regular income through exposure to riskier debt instruments. The fund plays a significant role for those looking to diversify with high-yield fixed income assets, particularly in scenarios where traditional income sources may be limited.
Performance
HIICX had a total return of 14.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.76%.
Top 10 Holdings
55.57% of assets| Name | Symbol | Weight |
|---|---|---|
| Hertz Corp. 12.625% | HTZ.12.625 07.15.29 144A | 6.73% |
| Pagaya US Holding Co. LLC 8.875% | PGY.8.875 08.01.30 | 6.39% |
| Atlanticus Holdings Corp. 9.75% | ATLC.9.75 09.01.30 144A | 6.05% |
| Unisys Corp. 10.625% | UIS.10.625 01.15.31 144A | 5.60% |
| First American Treasury Obligations Fund | FXFXX | 5.49% |
| Getty Images Inc. 10.5% | ABEGET.10.5 11.15.30 144A | 5.44% |
| CoreWeave Inc. 9% | CRWV.9 02.01.31 144A | 5.36% |
| 1261229 Bc Ltd. 10% | BHCCN.10 04.15.32 144A | 4.96% |
| Nebius Group N.V. 2.75% | NBIS.2.75 09.15.32 | 4.87% |
| Apld Computeco LLC 9.25% | APLD.9.25 12.15.30 144A | 4.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 30, 2026 | $0.0212 | Mar 31, 2026 |
| Feb 26, 2026 | $0.0163 | Feb 27, 2026 |
| Jan 29, 2026 | $0.0151 | Jan 30, 2026 |
| Dec 30, 2025 | $0.0246 | Dec 31, 2025 |
| Nov 26, 2025 | $0.011 | Nov 28, 2025 |
| Oct 30, 2025 | $0.012 | Oct 31, 2025 |