Catalyst/SMH High Income Fund Class A (HIIFX)
| Fund Assets | 151.63M |
| Expense Ratio | 1.49% |
| Min. Investment | $2,500 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 5.40% |
| Dividend Growth | 0.78% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 4.110 |
| YTD Return | 4.05% |
| 1-Year Return | 15.57% |
| 5-Year Return | 29.80% |
| 52-Week Low | 3.750 |
| 52-Week High | 4.140 |
| Beta (5Y) | 0.41 |
| Holdings | 48 |
| 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 15.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.59%.
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 | $0.0257 | Jun 30, 2026 |
| May 28, 2026 | $0.0227 | May 29, 2026 |
| Apr 29, 2026 | $0.0226 | Apr 30, 2026 |
| Mar 30, 2026 | $0.0234 | Mar 31, 2026 |
| Feb 26, 2026 | $0.0186 | Feb 27, 2026 |
| Jan 29, 2026 | $0.017 | Jan 30, 2026 |