About MLXIX
Catalyst Energy Infrastructure Fund Class I is an actively managed mutual fund focused on delivering both current income and capital appreciation. The fund invests primarily in the publicly-listed equity securities of U.S. and Canadian companies whose main source of revenue stems from midstream energy infrastructure activities. These include entities involved in the treatment, gathering, processing, storage, and transportation of natural gas, natural gas liquids, and crude oil. By emphasizing corporations rather than traditional master limited partnerships (MLPs), and keeping MLP investments under 25% of the portfolio, the fund seeks to provide favorable tax treatment and avoid federal corporate taxation for investors.
The fund typically holds 20-30 securities, favoring firms with a strong track record of stable and growing distributions as well as reputable management teams. It targets companies owning critical, long-lived assets, supporting reliable and potentially growing cash flows. Managed by Catalyst Capital Advisors LLC with sub-advisor SL Advisors, the fund plays a significant role for investors seeking exposure to the midstream energy sector through a diversified, tax-efficient vehicle, and aims to offer attractive yield potential alongside growth prospects linked to energy infrastructure development.
Fund Family Catalyst Mutual Funds
Category Energy Limited Partnership
Performance Rating Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol MLXIX
Share Class Class I
Index Alerian MLP TR
MLXIX had a total return of 33.74% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.41%.
