Catalyst Insider Income A (IIXAX)
| Fund Assets | 58.34M |
| Expense Ratio | 1.00% |
| Min. Investment | $2,500 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.20% |
| Dividend Growth | -4.64% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.26 |
| YTD Return | 1.25% |
| 1-Year Return | 4.06% |
| 5-Year Return | 9.69% |
| 52-Week Low | 9.10 |
| 52-Week High | 9.29 |
| Beta (5Y) | 0.17 |
| Holdings | 22 |
| Inception Date | Jul 29, 2014 |
About IIXAX
Catalyst Insider Income Fund Class A is an actively managed mutual fund focused on generating high current income with low sensitivity to interest rate fluctuations. Its primary strategy is to invest in short-term U.S. corporate bonds issued by companies whose senior executives, such as CEOs or directors, are simultaneously buying their own company’s stock. This insider-driven approach is premised on the belief that corporate insiders have superior knowledge about their companies' financial health, and their share purchases may signal lower credit risk. The fund holds a diversified portfolio across various sectors, including finance and real estate, and maintains an average portfolio duration of less than three and a half years to help reduce interest rate exposure. It is managed by a team led by experienced portfolio managers and targets investors seeking income with mitigating factors against default risk found in traditional corporate bond strategies. The fund is part of the short-term bond category and is marked by a front-load share class structure, with its performance, yield, and fees comparable to other funds in its class.
Performance
IIXAX had a total return of 4.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.11%.
Top 10 Holdings
61.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Two Harbors Investment Corp. - TWO 6 1/4 01/15/26 | TWO.6.25 01.15.26 | 12.57% |
| First American Treasury Obligations Fund | FXFXX | 8.07% |
| Ambac Assurance Corporation - ABK 5.1 PERP | ABK.5.1 PERP 144A | 7.03% |
| Pennymac Corporation - PMT 5 1/2 03/15/26 | PMT.5.5 03.15.26 | 5.81% |
| Arbor Realty Trust, Inc. - ABR 7 1/2 08/01/25 | n/a | 4.92% |
| Ares Capital Corp. - ARCC 2 7/8 06/15/28 | ARCC.2.875 06.15.28 | 4.82% |
| New Mountain Finance Corporation - NMFC 7 1/2 10/15/25 | NMFC.7.5 10.15.25 | 4.76% |
| Ford Motor Company - F 9 5/8 04/22/30 | F.9.625 04.22.30 | 4.72% |
| TransDigm, Inc. - TDG 6 3/4 08/15/28 | TDG.6.75 08.15.28 144A | 4.67% |
| Uber Technologies Inc - UBER 7 1/2 09/15/27 | UBER.7.5 09.15.27 144A | 4.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0317 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03525 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03861 | Jul 1, 2025 |
| May 30, 2025 | $0.03329 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03174 | May 1, 2025 |
| Mar 31, 2025 | $0.03207 | Apr 1, 2025 |