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Morningstar

Catalyst/SMH High Income C HIICX

Morningstar Medalist Rating
Medalist Rating as of | See Catalyst Investment Hub
  • NAV / 1-Day Return 3.59  /  −0.28 %
  • Total Assets 15.0 Mil
  • Adj. Expense Ratio
    2.230%
  • 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 6.30%
  • Effective Duration —

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 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.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HIICX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HIICX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HIICX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Catalyst/ SMH High Income C's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings HIICX

More HIICX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 42.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Treasury Obligs X

6.52 997,760
Cash and Equivalents

Coeur Mining Inc 5.125%

5.21 797,854
Corporate

Fubotv Inc. 3.25%

4.80 735,000
Corporate

Howard Hughes Holdings Inc. 4.375%

4.77 729,989
Corporate

United States Steel Corporation 6.65%

4.48 684,958
Corporate

American Axle & Manufacturing, Inc. 5%

4.28 655,366
Corporate

Transocean Inc. 11.5%

4.05 620,124
Corporate

Nordstrom, Inc. 5%

3.85 589,715
Corporate

Titan International, Inc. 7%

3.78 578,865
Corporate

Beazer Homes USA Inc. 5.875%

3.72 569,196
Corporate