Morningstar

Catalyst/SMH High Income Fund Class I HIIIX

Morningstar Medalist Rating
Medalist Rating as of | See Catalyst Investment Hub
  • NAV / 1-Day Return 3.89  /  +0.26 %
  • Total Assets 216.5M
  • Adj. Expense Ratio
    1.240%
  • Expense Ratio 1.230%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 7.04%
  • Effective Duration —

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 10:47 PM GMT+0

Morningstar’s Analysis HIIIX

Will HIIIX outperform in the 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 HIIIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HIIIX 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 HIIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Catalyst/SMH High Income I holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings HIIIX

More HIIIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 42.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Hertz Corp. 12.625%

5.17 8M
Corporate

Kohl's Corp. 5.55%

4.67 8M
Corporate

Harrow Inc 8.625%

4.53 7M
Corporate

1261229 Bc Ltd. 10%

4.51 7M
Corporate

AMC Global Media Inc. 10.5%

4.47 7M
Corporate

Pagaya US Holding Co. LLC 8.875%

4.19 7M
Corporate

Six Flags Entertainment Corp/ Canadas Wonderland Company/ Millennium Operat

3.77 6M
Corporate

K Hovnanian Enterprises Inc 8.375%

3.76 6M
Corporate

CoreWeave Inc. 9%

3.68 6M
Corporate

Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 10%

3.61 6M
Corporate

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