Catalyst/SMH High Income Fund Class C (HIICX)
| Fund Assets | 151.63M |
| Expense Ratio | 2.24% |
| Min. Investment | $2,500 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 4.98% |
| Dividend Growth | 1.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 4.120 |
| YTD Return | 3.67% |
| 1-Year Return | 14.75% |
| 5-Year Return | 26.15% |
| 52-Week Low | 3.760 |
| 52-Week High | 4.150 |
| Beta (5Y) | 0.41 |
| Holdings | 48 |
| 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 14.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.05%.
Top 10 Holdings
44.80% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 5.55% |
| AMC Networks Inc - AMCX 10 1/2 07/15/32 | AMCX.10.5 07.15.32 144A | 5.14% |
| Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation - IEP 10 11/15/29 | IEP.10 11.15.29 144A | 5.02% |
| CoreWeave Inc. - CRWV 9 02/01/31 | CRWV.9 02.01.31 144A | 4.97% |
| 1261229 Bc Ltd. - BHCCN 10 04/15/32 | BHCCN.10 04.15.32 144A | 4.78% |
| Nickel Industries Ltd. - NICAU 9 09/30/30 | NICAU.9 09.30.30 144A | 4.04% |
| Level 3 Financing, Inc. - LVLT 8 1/2 01/15/36 | LVLT.8.5 01.15.36 144A | 3.99% |
| Hertz Corp. - HTZ 12 5/8 07/15/29 | HTZ.12.625 07.15.29 144A | 3.89% |
| Getty Images Inc. - ABEGET 10 1/2 11/15/30 | ABEGET.10.5 11.15.30 144A | 3.81% |
| Atlanticus Holdings Corp. - ATLC 9 3/4 09/01/30 | ATLC.9.75 09.01.30 144A | 3.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2026 | $0.0233 | Jun 30, 2026 |
| May 28, 2026 | $0.0205 | May 29, 2026 |
| Apr 29, 2026 | $0.020 | Apr 30, 2026 |
| Mar 30, 2026 | $0.0212 | Mar 31, 2026 |
| Feb 26, 2026 | $0.0163 | Feb 27, 2026 |
| Jan 29, 2026 | $0.0151 | Jan 30, 2026 |