Catalyst/Millburn Hedge Strategy Fund Class A (MBXAX)
| Fund Assets | 7.98B |
| Expense Ratio | 2.28% |
| Min. Investment | $2,500 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.94 |
| Dividend Yield | 2.24% |
| Dividend Growth | 33.31% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 39.58 |
| YTD Return | 2.57% |
| 1-Year Return | 3.27% |
| 5-Year Return | 63.55% |
| 52-Week Low | 33.94 |
| 52-Week High | 40.24 |
| Beta (5Y) | 0.25 |
| Holdings | 2855 |
| Inception Date | Dec 28, 2015 |
About MBXAX
Catalyst/Millburn Hedge Strategy Fund Class A is a mutual fund designed to pursue long-term capital appreciation through a distinctive, globally diversified approach. This fund utilizes a 100% systematic, multi-strategy model, enabling it to invest in over 125 different markets across the world. Its portfolio blends two key components: an active long/short futures and foreign exchange (FX) segment, and a strategic equity exposure segment. The active component allocates to liquid global instruments—such as currency, fixed income, stock index, and commodity futures—using quantitative, multi-factor models that adapt to various market conditions, with the aim of performing during periods of equity market stress. Meanwhile, the strategic equity portion consists mainly of passive positions in both U.S. and global exchange-traded funds, structured to maximize diversification through correlation and risk analysis. This combination allows the fund to function as both a potential return driver and a "shock-absorber" during volatile market periods. Catalyst/Millburn Hedge Strategy Fund Class A is positioned within the Macro Trading category, demonstrating a unique role as an alternative asset that can complement traditional equity investments by seeking to reduce drawdowns during challenging market environments.
Performance
MBXAX had a total return of 3.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.31%.
Top 10 Holdings
81.39% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes - T 2 08/15/25 | T.2 08.15.25 | 16.63% |
| United States Treasury Notes - T 2 1/8 05/15/25 | T.2.125 05.15.25 | 16.13% |
| United States Treasury Notes - US TREASURY NOTE | T.2.25 11.15.25 | 10.97% |
| First American Treasury Obligations Fund | FXFXX | 8.89% |
| iShares Core S&P Mid-Cap ETF | IJH | 6.29% |
| iShares Russell 1000 ETF | IWB | 6.27% |
| iShares MSCI USA Min Vol Factor ETF | USMV | 4.24% |
| iShares Russell 2000 ETF | IWM | 4.22% |
| Vanguard FTSE Emerging Markets ETF | VWO | 4.16% |
| Spdr S&P 500 Etf Trust - SPDR S&P 500 ETF | n/a | 3.60% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.9377 | Dec 13, 2024 |
| Dec 12, 2023 | $0.7034 | Dec 13, 2023 |
| Dec 13, 2022 | $2.7149 | Dec 14, 2022 |
| Dec 15, 2020 | $1.2092 | Dec 15, 2020 |
| Dec 13, 2019 | $1.6045 | Dec 13, 2019 |
| Dec 14, 2018 | $0.9193 | Dec 14, 2018 |