Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

HFXAX Catalyst Hedged Futures Strategy A

  • Fund
  • HFXAX
  • Price as of: Jun 14, 2019
  • $7.99 + $0.04 + 0.50%
  • Category
  • Managed Futures

HFXAX - Profile

Vitals

  • YTD Return 1.8%
  • 3 Yr Annualized Return -11.2%
  • 5 Yr Annualized Return -5.5%
  • Net Assets $460 M
  • Holdings in Top 10 37.2%

52 WEEK LOW AND HIGH

$7.99
$7.70
$8.19

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.26%

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 Options-based

Distributions

  • YTD Total Return 1.9%
  • 3 Yr Annualized Total Return -8.0%
  • 5 Yr Annualized Total Return -3.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.28%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Catalyst Hedged Futures Strategy Fund
  • Fund Family Name Catalyst Mutual Funds
  • Inception Date Aug 30, 2013
  • 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.

HFXAX - Performance

Return Ranking - Trailing

Period HFXAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.8% -11.1% 11.0% 60.66%
1 Yr -0.2% -14.0% 8.1% 55.74%
3 Yr -11.2%* -11.9% 1.4% 98.36%
5 Yr -5.5%* -6.3% 3.3% 98.28%
10 Yr N/A* -4.8% -3.9% N/A

* Annualized


Return Ranking - Calendar

Period HFXAX Return Category Return Low Category Return High Rank in Category (%)
2018 -2.1% -25.8% 3.4% 18.03%
2017 -22.7% -23.4% 16.7% 98.36%
2016 -4.5% -20.3% 8.1% 50.82%
2015 6.5% -17.7% 6.6% 3.28%
2014 6.7% -4.4% 13.2% 42.55%

Total Return Ranking - Trailing

Period HFXAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -11.1% 11.0% 60.66%
1 Yr -0.1% -14.0% 8.1% 59.02%
3 Yr -8.0%* -8.7% 2.8% 95.08%
5 Yr -3.1%* -4.2% 5.0% 91.38%
10 Yr N/A* -4.8% -3.9% N/A

* Annualized


Total Return Ranking - Calendar

Period HFXAX Return Category Return Low Category Return High Rank in Category (%)
2018 -2.1% -20.3% 3.4% 18.03%
2017 -22.7% -23.4% 19.4% 98.36%
2016 5.9% -20.3% 10.8% 9.84%
2015 7.8% -17.7% 10.2% 11.48%
2014 7.7% -3.5% 26.3% 51.06%

NAV & Total Return History

HFXAX - Holdings

Concentration Analysis

HFXAX Category Low Category High HFXAX % Rank
Net Assets 460 M 10.8 M 5.57 B 32.79%
Number of Holdings 20 6 888 86.89%
Net Assets in Top 10 149 M -1.97 B 16.4 B 37.70%
Weighting of Top 10 37.20% 0.0% 20474.3% 49.18%

Top 10 Holdings

  1. United States Treasury Notes 1% 19.22%

  2. Prime Meridian Income Fund 10.37%

  3. S&P 3rd Week Optn May19c 3dk9c 2950 Index 1.37%

  4. S&P 500 June19 1.20%

  5. S&P 3rd Week Optn Apr19c 3dj9c 2850 Index 1.14%

  6. S&P 3rd Week Optn May19c 3dk9c 2900 Index 0.99%

  7. S&P 3rd Week Optn Apr19c 3dj9c 2900 Index 0.81%

  8. S&P 500 June19 0.80%

  9. S&P 500 June19 0.76%

  10. S&P 500 Eom Opt Apr19c Evj9c 2900 Index 0.53%


Asset Allocation

Weighting Return Low Return High HFXAX % Rank
Cash
71.02% -483.04% 7388.76% 32.79%
Bonds
19.22% -955.59% 499.56% 72.13%
Other
10.37% -7288.76% 63.60% 49.18%
Preferred Stocks
0.00% 0.00% 0.00% 73.77%
Convertible Bonds
0.00% 0.00% 1.12% 77.05%
Stocks
-0.63% -61.27% 52.92% 88.52%

Bond Sector Breakdown

Weighting Return Low Return High HFXAX % Rank
Cash & Equivalents
71.02% -452.21% 7388.76% 37.70%
Government
19.22% -955.59% 457.08% 40.98%
Derivative
0.00% -86.27% 11.65% 59.02%
Securitized
0.00% 0.00% 51.30% 81.97%
Corporate
0.00% 0.00% 45.66% 85.25%
Municipal
0.00% 0.00% 1.70% 73.77%

Bond Geographic Breakdown

Weighting Return Low Return High HFXAX % Rank
US
19.22% -955.59% 499.56% 67.21%
Non US
0.00% 0.00% 246.47% 85.25%

HFXAX - Expenses

Operational Fees

HFXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.26% 1.15% 3.24% 31.15%
Management Fee 1.75% 0.85% 2.99% 90.16%
12b-1 Fee 0.25% 0.00% 1.00% 63.27%
Administrative Fee 0.13% 0.09% 0.40% 70.73%

Sales Fees

HFXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 4.75% 5.75% 63.16%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

HFXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 529.00% 23.64%

HFXAX - Distributions

Dividend Yield Analysis

HFXAX Category Low Category High HFXAX % Rank
Dividend Yield 0.00% 0.00% 0.08% 86.89%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

HFXAX Category Low Category High HFXAX % Rank
Net Income Ratio -1.28% -2.78% 1.20% 86.89%

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

Tenure

Tenure Rank

Aug 30, 2013

5.84

5.8%

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

1.15

Category High

8.92

Category Average

4.02

Category Mode

1.15