Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Catalyst/SMH High Income C HIICX
- NAV / 1-Day Return 3.69 / 0.00
- Total Assets 16.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.270%
- Distribution Fee Level High
- Share Class Type Level Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 6.23%
- Effective Duration —
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis HIICX
Will HIICX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 42.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Coeur Mining Inc 5.125% | 5.40 | 822,712 | Corporate |
Howard Hughes Holdings Inc. 4.375% | 4.79 | 730,162 | Corporate |
American Axle & Manufacturing, Inc. 5% | 4.38 | 668,260 | Corporate |
United States Steel Corporation 6.65% | 4.33 | 660,370 | Corporate |
Fubotv Inc. 3.25% | 4.23 | 645,100 | Corporate |
Nordstrom, Inc. 5% | 4.20 | 640,403 | Corporate |
Transocean Inc. 11.5% | 4.06 | 618,494 | Corporate |
Kohl's Corp. 5.55% | 3.78 | 575,865 | Corporate |
Beazer Homes USA Inc. 5.875% | 3.77 | 574,448 | Corporate |
Titan International, Inc. 7% | 3.74 | 570,888 | Corporate |