Catalyst/SMH High Income Fund Class C (HIICX)
| Fund Assets | 102.31M |
| Expense Ratio | 2.24% |
| Min. Investment | $2,500 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 4.38% |
| Dividend Growth | -17.47% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 29, 2026 |
| Previous Close | 4.090 |
| YTD Return | 0.61% |
| 1-Year Return | 13.08% |
| 5-Year Return | 28.74% |
| 52-Week Low | 3.290 |
| 52-Week High | 4.140 |
| Beta (5Y) | n/a |
| Holdings | 53 |
| 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 13.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.96%.
Top 10 Holdings
45.59% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street SPDR Portfolio High Yield Bond ETF | SPHY | 10.44% |
| Pagaya US Holding Co. LLC - PGY 8 7/8 08/01/30 | PGY.8.875 08.01.30 | 4.95% |
| Atlanticus Holdings Corp. - ATLC 9 3/4 09/01/30 | ATLC.9.75 09.01.30 144A | 4.89% |
| Transocean International Ltd. - RIG 6.8 03/15/38 | RIG.6.8 03.15.38 | 4.26% |
| Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation - IEP 10 11/15/29 | IEP.10 11.15.29 144A | 4.16% |
| Unisys Corp. - UIS 10 5/8 01/15/31 | UIS.10.625 01.15.31 144A | 3.52% |
| Hertz Corp. - HTZ 12 5/8 07/15/29 | HTZ.12.625 07.15.29 144A | 3.51% |
| 1261229 Bc Ltd. - BHCCN 10 04/15/32 | BHCCN.10 04.15.32 144A | 3.39% |
| CoreWeave Inc. - CRWV 9 02/01/31 | CRWV.9 02.01.31 144A | 3.39% |
| Nebius Group N.V. - NBIS 2 3/4 09/15/32 | n/a | 3.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Sep 29, 2025 | $0.0089 | Sep 30, 2025 |
| Aug 28, 2025 | $0.0141 | Aug 29, 2025 |