HIIFX – Catalyst/SMH High Income A Investment Strategy | Morningstar

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Strategy

The investment seeks income with capital appreciation as a secondary objective. The fund invests in a non-diversified group of low-quality, high yield corporate bonds and convertible securities. It may invest without limitation in non-investment grade corporate bonds rated Baa or lower by Moody's or BBB or lower by S&P (also known as "junk" bonds). The fund may also invest in corporate issues that have defaulted. While there are no restrictions on maturity, the bonds in the fund's portfolio generally have an average maturity of less than ten years. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
HIIIX	Catalyst/SMH High Income Fund Class I	Institutional	Open			Jul 1, 2013	$181.37M	1.240%	High	$2,500	$168.24M
HIIFX	Catalyst/SMH High Income Fund Class A	Front Load	Open			May 21, 2008	$23.80M	1.490%	High	$2,500	$14.78M
HIICX	Catalyst/SMH High Income Fund Class C	Level Load	Open			May 21, 2008	$11.33M	2.240%	High	$2,500	$8.68M

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