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HFXAX Catalyst Hedged Futures Strategy A

  • Fund
  • HFXAX
  • Price as of: Aug 08, 2016
  • $11.68
  • + $0.10
  • + 0.86%
  • Category
  • Managed Futures

HFXAX - Profile

Vitals

  • YTD Return 7.5%
  • 3 Yr Annualized Return 6.3%
  • 5 Yr Annualized Return 7.6%
  • Net Assets $3.45 B
  • Holdings in Top 10 36.9%

52 WEEK LOW AND HIGH

$11.68
$10.57
$11.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.19%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Managed Futures
  • Fund Type Open End Mutual Fund
  • Investment Style Managed Futures

Distributions

  • YTD Total Return 7.5%
  • 3 Yr Annualized Total Return 4.2%
  • 5 Yr Annualized Total Return 6.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -2.12%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Catalyst Hedged Futures Strategy Fund
  • Fund Family Name Catalyst Mutual Funds
  • Inception Date Dec 15, 2005
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Edward S. Walczak

Fund Description

The fund invests, directly or indirectly through affiliated and unaffiliated funds, primarily in (i) long and short call and put options on Standard & Poor's 500 Index futures contracts and (ii) in cash, cash equivalents (including affiliated and unaffiliated money market funds), and other liquid investments. It seeks to achieve its investment objective by buying and selling options and option spreads on stock index futures. The fund is non-diversified.

HFXAX - Performance

Return Ranking - Trailing

Period HFXAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 7.5% -16.1% 11.9% 19.30% 1
1 Yr 6.9% -14.9% 21.4% 15.38% 1
3 Yr 6.3% * -8.9% 13.3% 27.91% 2
5 Yr 7.6% * -9.5% 7.8% 4.65% 1
10 Yr 13.1% * 12.2% 13.1% 66.67% 2

* Annualized


Return Ranking - Calendar

Period HFXAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 6.5% -20.4% 6.6% 1.94% 1
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

Total Return Ranking - Trailing

Period HFXAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 7.5% -16.1% 11.9% 19.44% 1
1 Yr 0.7% -19.2% 21.4% 48.72% 3
3 Yr 4.2% * -8.9% 13.3% 38.37% 2
5 Yr 6.4% * -9.5% 7.8% 6.98% 1
10 Yr 12.4% * 12.2% 13.1% 66.67% 2

* Annualized


Total Return Ranking - Calendar

Period HFXAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 6.5% -20.4% 6.6% 1.92% 1
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

NAV & Total Return History

HFXAX - Holdings

Filings data as of: Mar 31, 2016

Concentration Analysis

HFXAX Category Low Category High HFXAX % Rank Quintile
Net Assets 3.45 B 199 K 14.2 B 2.56% 1
Number of Holdings 100 2 792 11.97% 2
Net Assets in Top 10 954 M -12 M 24.5 B 3.42% 1
Weighting of Top 10 36.9% 0.0% 204.9% 22.22% 3

Top 10 Holdings

  1. US Treasury Note 1.125% 6.98%
  2. US Treasury Note 1.625% 3.54%
  3. US Treasury Note 1.5% 3.52%
  4. US Treasury Note 1.375% 3.51%
  5. US Treasury Note 1.25% 3.50%
  6. US Treasury Note 1.125% 3.49%
  7. US Treasury Note 1% 3.48%
  8. US Treasury Note 0.875% 3.47%
  9. US Treasury Note 0.75% 3.46%
  10. S&P 500 Eom Opt 1.93%

Asset Allocation

Weighting Category Low Category High HFXAX % Rank Quintile
Cash
60.70% -64.43% 245.27% 13.68% 2
Bonds
40.20% 0.00% 127.67% 18.80% 3
Other
0.00% -28.12% 99.88% 33.33% 5
Convertible Bonds
0.00% 0.00% 4.26% 3.42% 4
Preferred Stocks
0.00% 0.00% 1.08% 4.27% 4
Stocks
-0.91% -117.15% 25.11% 15.38% 5

Bond Sector Breakdown

Weighting Category Low Category High HFXAX % Rank Quintile
Cash & Equivalents
60.70% -168.57% 245.27% 12.82% 2
Government
40.20% 0.00% 109.34% 7.69% 2
Securitized
0.00% 0.00% 116.56% 17.09% 4
Corporate
0.00% 0.00% 49.52% 19.66% 5
Municipal
0.00% 0.00% 2.09% 10.26% 4
Derivative
0.00% -33.12% 256.10% 12.82% 4

Bond Geographic Breakdown

Weighting Category Low Category High HFXAX % Rank Quintile
US
40.20% 0.00% 116.56% 17.09% 3
Non US
0.00% 0.00% 51.74% 17.95% 5

HFXAX - Expenses

Operational Fees

HFXAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.19% 0.95% 170.88% 41.03% 3
Management Fee 1.75% 0.00% 2.99% 3.42% 5
12b-1 Fee 0.25% 0.00% 1.00% 4.40% 3
Administrative Fee 0.13% 0.02% 0.40% 5.95% 5

Sales Fees

HFXAX Fees (% of AUM) Category Low Category High HFXAX Rank Quintile
Front Load 5.75% 4.50% 5.75% 3.03% 4
Deferred Load N/A 1.00% 2.00% N/A N/A

Trading Fees

HFXAX Fees (% of AUM) Category Low Category High HFXAX Rank Quintile
Max Redemption Fee N/A 1.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HFXAX Fees (% of AUM) Category Low Category High HFXAX Rank Quintile
Turnover 0.00% 0.00% 4847.00% 24.07% 1

HFXAX - Distributions

Dividend Yield Analysis

HFXAX Category Low Category High HFXAX % Rank Quintile
Dividend Yield N/A 0.00% 0.46% N/A N/A

Dividend Distribution Analysis

HFXAX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

HFXAX Category Low Category High HFXAX % Rank Quintile
Net Income Ratio -2.12% -4.57% 1.51% 64.10% 4

Capital Gain Distribution Analysis

HFXAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

HFXAX - Managers

Edward S. Walczak

Manager

Start Date

Dec 15, 2005

Tenure

10.63

Tenure Rank

0.3%

Edward S. Walczak is a Portfolio Manager of the Catalyst Capital Advisors LLC and has been responsible for the day-to-day management of the Fund’s portfolio and its predecessor fund since its inception in 2005. From 2005 until joining the Advisor in August, 2013, Mr. Walczak was the Managing Member and portfolio manager of Harbor Financial, LLC, a registered Commodity Trading Advisor and Commodity Pool Operator. His previous professional experience also includes serving as the Vice President for Operations of Acuity Specialty Products; Vice President of Supply Chain, Vice President of Purchasing and Vice President of Engineering of Brach and Brock Confections; and Captain of the U.S. Army Corps. Mr. Walczak has a Bachelor of Arts degree in Physics and Economics from Middlebury College and a Master of Business Administration from Harvard University’s Graduate School of Business.


Tenure Analysis

Category Low

0.2

Category High

10.6

Category Average

3.23

Category Mode

1.6