Catalyst/SMH High Income Fund I (HIIIX)
3.96
-0.01
(-0.25%)
USD |
Mar 13 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.24% | 121.08M | -- | 54.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 98.96M | 16.10% |
Basic Info
| Investment Strategy | |
| The Fund seeks income with capital appreciation as a secondary objective. The Fund seeks to invests in a non-diversified group of low-quality, high yield corporate bonds, and convertible securities. The Fund may invest, without limitation, in non-investment grade corporate bonds rated Baa or lower by Moodys or BBB. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Funds |
| Fund Owner Firm Name | Catalyst Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
17
-1.330B
Peer Group Low
955.64M
Peer Group High
1 Year
% Rank:
19
98.96M
-3.072B
Peer Group Low
6.038B
Peer Group High
3 Months
% Rank:
13
-1.885B
Peer Group Low
878.12M
Peer Group High
3 Years
% Rank:
26
-4.339B
Peer Group Low
13.58B
Peer Group High
6 Months
% Rank:
16
-2.220B
Peer Group Low
3.685B
Peer Group High
5 Years
% Rank:
22
-8.564B
Peer Group Low
15.23B
Peer Group High
YTD
% Rank:
12
-3.198B
Peer Group Low
1.044B
Peer Group High
10 Years
% Rank:
26
-8.871B
Peer Group Low
22.15B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 14, 2026.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 1.36% |
| Stock | 0.01% |
| Bond | 96.58% |
| Convertible | 0.75% |
| Preferred | 0.02% |
| Other | 1.28% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| THE HERTZ CORPORATION F-Hertz 12.625 07/15/2029 FIX USD Corporate 144A | 6.73% | 88.55 | -1.24% |
|
Pagaya US Holding Company LLC 8.875% 01-AUG-2030
|
6.39% | -- | -- |
| Atlanticus Holdings Corporation ATLANHO 9.75 09/01/2030 FIX USD Corporate 144A | 6.05% | -- | -- |
| Unisys Corporation UIS 10.625 01/15/2031 FIX USD Corporate 144A | 5.60% | -- | -- |
| First American Treasury Obligations Fund X | 5.49% | 1.00 | 0.00% |
| Getty Images, Inc. GETY 10.5 11/15/2030 FIX USD Corporate 144A | 5.44% | -- | -- |
| CoreWeave, Inc. COREWEI 9.0 02/01/2031 FIX USD Corporate 144A | 5.36% | -- | -- |
| 1261229 B.C. LTD. BCEC 10.0 04/15/2032 FIX USD Corporate 144A | 4.96% | 101.02 | -0.90% |
| Nebius Group N.V. NEBIGRO 2.75 09/15/2032 FIX USD Corporate 144A | 4.87% | -- | -- |
| APLD COMPUTECO LLC APLDCOM 9.25 12/15/2030 FIX USD Corporate 144A | 4.68% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.12% |
| Administration Fee | 18.70K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks income with capital appreciation as a secondary objective. The Fund seeks to invests in a non-diversified group of low-quality, high yield corporate bonds, and convertible securities. The Fund may invest, without limitation, in non-investment grade corporate bonds rated Baa or lower by Moodys or BBB. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Funds |
| Fund Owner Firm Name | Catalyst Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (3-12-26) | 5.54% |
| 30-Day SEC Yield (12-31-25) | 7.81% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 56 |
| Bond | |
| Yield to Maturity (9-30-25) | 5.24% |
| Effective Duration | -- |
| Average Coupon | 7.25% |
| Calculated Average Quality | 5.903 |
| Effective Maturity | 5.706 |
| Nominal Maturity | 5.904 |
| Number of Bond Holdings | 50 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:HIIIX", "name") |
| Broad Asset Class: =YCI("M:HIIIX", "broad_asset_class") |
| Broad Category: =YCI("M:HIIIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:HIIIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |