Catalyst/SMH Total Return Income Fund Class A (TRIFX)

Overview

The described fund is an investment vehicle that focuses on generating income for its investors through a diversified portfolio. Primarily, the fund targets a mix of income-producing securities. This encompasses a wide range of asset classes including equity securities such as dividend-paying stocks and real estate investment trusts (REITs), along with debt securities including bonds and convertible bonds. A distinct feature of this fund is its flexibility in investment choices, which includes preferred stocks, master limited partnerships, and bank notes as well. With a strategic allocation of at least 30% of its assets in equity securities, the fund aims to strike a balance between income generation and capital appreciation. The fund's approach is marked by a non-diversified status, indicating a focus on potentially higher returns through concentrated investments, albeit with a corresponding level of risk.

Products and Services

• Equity Securities:

  Includes investments in dividend-paying common stocks and REITs which aim to provide investors with regular income through dividends, alongside the potential for capital growth.

• Debt Securities:

  Comprises interest-paying bonds and convertible bonds that offer fixed or variable income returns, contributing to the fund’s aim of generating steady income streams for investors.

• Preferred Stock:

  This refers to shares that provide dividends before common stock and typically have no voting rights, offering a blend of equity and debt benefits.

• Master Limited Partnerships (MLPs):

  These are investments in partnerships that usually engage in businesses related to resources, such as energy sectors, providing income through distribution payments.

• Bank Notes:

  Short-term debt instruments issued by banks to raise funds, usually offering fixed interest rates, thus serving as a reliable income source within the fund's portfolio.