Catalyst/SMH High Income Fund Class C (HIICX)
| Fund Assets | 15.36M |
| Expense Ratio | 2.24% |
| Min. Investment | $2,500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 5.35% |
| Dividend Growth | -10.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 3.780 |
| YTD Return | 3.17% |
| 1-Year Return | 7.33% |
| 5-Year Return | 35.00% |
| 52-Week Low | 3.420 |
| 52-Week High | 3.800 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| 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 7.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.28%.
Top 10 Holdings
53.46% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 11.42% |
| MPT Operating Partnership LP / MPT Finance Corporation - MPW 5 10/15/27 | MPW.5 10.15.27 | 5.82% |
| Capital Southwest Corporation - CSWC 5 1/8 11/15/29 | CSWC.5.125 11.15.29 | 5.56% |
| Coeur Mining Inc - CDE 5 1/8 02/15/29 | n/a | 5.30% |
| Office Properties Income Trust - OPI 9 09/30/29 | n/a | 5.25% |
| Kohl's Corp. - KSS 5.55 07/17/45 | KSS.5.55 07.17.45 | 4.53% |
| United States Steel Corporation - X 6.65 06/01/37 | n/a | 4.13% |
| Nordstrom, Inc. - JWN 5 01/15/44 | n/a | 3.91% |
| EZCORP Inc. - EZPW 3 3/4 12/15/29 | EZPW.3.75 12.15.29 | 3.80% |
| WisdomTree, Inc. - WT 5 3/4 08/15/28 | WT.5.75 08.15.28 | 3.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.0145 | Jun 30, 2025 |
| May 29, 2025 | $0.0165 | May 30, 2025 |
| Apr 29, 2025 | $0.0155 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0166 | Mar 31, 2025 |
| Feb 27, 2025 | $0.012 | Feb 28, 2025 |
| Jan 30, 2025 | $0.0109 | Jan 31, 2025 |