About MLXAX
Catalyst Energy Infrastructure Fund Class A is an open-end mutual fund focused on generating current income and capital appreciation by investing primarily in publicly-listed equity securities of U.S. and Canadian companies engaged in midstream energy infrastructure activities. The fund targets firms that derive the majority of their cash flow from activities such as the treatment, gathering, processing, storage, and transportation of natural gas, natural gas liquids, and crude oil. A distinguishing characteristic of the fund is its emphasis on companies with stable, recurring distributions and robust growth prospects, particularly those involved in pipeline and storage operations. To optimize tax efficiency, the fund limits its exposure to master limited partnerships (MLPs) to less than 25% of assets, favoring energy infrastructure corporations and general partners, which may also offer stronger corporate governance and a broader investment universe. Managed by Catalyst Capital Advisors LLC and sub-advised by SL Advisors, LLC, the fund maintains a concentrated portfolio, typically holding 20-30 securities, and delivers monthly distributions. It serves as a key vehicle for investors seeking stable income and the potential for long-term growth from North American energy infrastructure assets.
Fund Family Catalyst Mutual Funds
Category Energy Limited Partnership
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol MLXAX
Share Class Class A
Index Alerian MLP TR
MLXAX had a total return of -14.69% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.95%.
