Catalyst/SMH High Income Fund Class I (HIIIX)

Fund Assets	219.74M
Expense Ratio	1.228%
Min. Investment	$2,500
Turnover	48.00%
Dividend (ttm)	0.28
Dividend Yield	7.24%
Dividend Growth	21.73%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 29, 2026

Previous Close	3.790
YTD Return	-1.20%
1-Year Return	-1.02%
5-Year Return	26.29%
52-Week Low	3.790
52-Week High	4.140
Beta (5Y)	0.41
Holdings	51
Inception Date	Jul 1, 2013

About HIIIX

This fund's primary objective is to generate income, with capital appreciation serving as a secondary aim. Its strategy involves concentrating investments in a non-diversified array of lower-rated, high-yielding corporate bonds and convertible securities. The fund has no limits on its allocation to non-investment grade corporate bonds – those assessed as Baa or below by Moody's or BBB or below by S&P, commonly referred to as 'junk bonds'. Furthermore, it may also acquire corporate debt from entities that have previously defaulted on their obligations. While there are no stringent restrictions on the maturity dates of its bond holdings, the portfolio generally maintains an average maturity period of under ten years.

• Fund Family: Catalyst Mutual Funds
• Category: High Yield Bond
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: HIIIX
• Share Class: Class I
• Index: ICE BofA US High Yield Cash Pay TR USD

Performance

HIIIX had a total return of -1.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.26%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
HIIFX	Class A	1.49%
HIICX	Class C	2.24%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.0289	Sep 30, 2026
Aug 28, 2026	$0.0269	Aug 31, 2026
Jul 30, 2026	$0.027	Jul 31, 2026
Jun 29, 2026	$0.0265	Jun 30, 2026
May 28, 2026	$0.0235	May 29, 2026
Apr 29, 2026	$0.0234	Apr 30, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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