Catalyst/SMH High Income Fund Class A (HIIFX)
| Fund Assets | 15.36M |
| Expense Ratio | 1.49% |
| Min. Investment | $2,500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 5.82% |
| Dividend Growth | -8.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 3.780 |
| YTD Return | 3.37% |
| 1-Year Return | 6.98% |
| 5-Year Return | 38.81% |
| 52-Week Low | 3.420 |
| 52-Week High | 3.790 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| Inception Date | May 21, 2008 |
About HIIFX
Catalyst/SMH High Income Fund Class A is a mutual fund designed to deliver a high level of current income, with capital appreciation as a secondary objective. The fund primarily invests in a portfolio of high yield, non-investment grade corporate bonds, convertible securities, and preferred stock. Its investment approach emphasizes a disciplined, bottom-up analysis focused on credit fundamentals, value, and balance sheet strength. The fund’s strategy seeks to identify securities with the best relative value while actively avoiding overpriced assets and markets. Risk management is integral, with careful attention to reducing credit and market risk, ensuring that investments are supported by tangible assets. Managed by Catalyst Capital Advisors LLC in partnership with SMH Capital Advisors LLC, the fund serves investors looking to access higher income potential available in below-investment-grade credit markets, playing a distinctive role in diversifying income streams within the broader fixed income sector.
Performance
HIIFX had a total return of 6.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.81%.
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 | $0.0167 | Jun 30, 2025 |
| May 29, 2025 | $0.0189 | May 30, 2025 |
| Apr 29, 2025 | $0.0177 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0188 | Mar 31, 2025 |
| Feb 27, 2025 | $0.0141 | Feb 28, 2025 |
| Jan 30, 2025 | $0.0134 | Jan 31, 2025 |