HFXAX: Catalyst Hedged Futures Strategy A

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HFXAX Catalyst Hedged Futures Strategy A


Profile

HFXAX - Profile

Vitals

  • YTD Return -1.7%
  • 3 Yr Annualized Return -11.8%
  • 5 Yr Annualized Return -7.0%
  • Net Assets $259 M
  • Holdings in Top 10 41.5%

52 WEEK LOW AND HIGH

$7.32
$7.31
$8.05

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.33%

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Options-based

Distributions

  • YTD Total Return -1.7%
  • 3 Yr Annualized Total Return -11.8%
  • 5 Yr Annualized Total Return -4.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.15%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Catalyst Hedged Futures Strategy Fund Class A
  • 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 Walczak

Fund Description

The fund invests, directly or indirectly through 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 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.


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Categories

Performance

HFXAX - Performance

Return Ranking - Trailing

Period HFXAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.7% -1.7% 2.0% 100.00%
1 Yr -5.9% -6.6% 14.6% 93.75%
3 Yr -11.8%* -12.3% 4.2% 91.67%
5 Yr -7.0%* -7.7% 1.1% 88.89%
10 Yr N/A* 1.3% 1.9% 17.96%

* Annualized

Return Ranking - Calendar

Period HFXAX Return Category Return Low Category Return High Rank in Category (%)
2019 -5.1% -5.9% 15.5% 93.75%
2018 -2.1% -9.2% -1.9% 12.50%
2017 -22.7% -23.4% 10.3% 91.67%
2016 -4.5% -5.4% 15.8% 91.67%
2015 6.5% -2.1% 6.6% 22.22%

Total Return Ranking - Trailing

Period HFXAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.7% -1.7% 2.0% 100.00%
1 Yr -5.9% -6.6% 14.6% 93.75%
3 Yr -11.8%* -12.3% 5.4% 91.67%
5 Yr -4.8%* -5.5% 1.1% 88.89%
10 Yr N/A* 1.3% 1.9% 23.86%

* Annualized

Total Return Ranking - Calendar

Period HFXAX Return Category Return Low Category Return High Rank in Category (%)
2019 -5.1% -5.9% 15.5% 93.75%
2018 -2.1% -9.2% -1.9% 12.50%
2017 -22.7% -23.4% 14.0% 91.67%
2016 5.9% -1.3% 18.0% 41.67%
2015 7.8% -2.1% 8.0% 22.22%

NAV & Total Return History


Holdings

HFXAX - Holdings

Concentration Analysis

HFXAX Category Low Category High HFXAX % Rank
Net Assets 259 M 10.9 M 5.4 B 37.50%
Number of Holdings 44 33 369 87.50%
Net Assets in Top 10 88.9 M 6.18 M 3.14 B 50.00%
Weighting of Top 10 41.52% 41.5% 62.6% 100.00%

Top 10 Holdings

  1. United States Treasury Notes 1.38% 13.37%
  2. Prime Meridian Income Fund 10.01%
  3. S&P 3rd Week Optn Oct19p 3dv9p 3075 Index 3.29%
  4. S&P 3rd Week Optn Oct19p 3dv9p 3000 Index 3.07%
  5. S&P 3rd Week Optn Oct19p 3dv9p 3045 Index 2.44%
  6. S&P 3rd Week Optn Oct19p 3dv9p 2970 Index 2.28%
  7. S&P 1st Week Optn Oct19p 1dv9p 3035 Index 1.92%
  8. S&P 1st Week Optn Oct19p 1dv9p 3035 Index 1.92%
  9. S&P 2nd Week Optn Oct19c 2dv9c 2985 Index 1.65%
  10. S&P 2nd Week Optn Oct19c 2dv9c 3010 Index 1.57%

Asset Allocation

Weighting Return Low Return High HFXAX % Rank
Cash
74.41% -2.90% 74.41% 18.75%
Bonds
13.37% 13.37% 59.97% 100.00%
Other
10.01% 0.00% 42.26% 68.75%
Stocks
2.21% -0.80% 46.48% 87.50%
Preferred Stocks
0.00% 0.00% 1.36% 100.00%
Convertible Bonds
0.00% 0.00% 1.63% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High HFXAX % Rank
Utilities
0.00% 2.52% 4.06% 100.00%
Technology
0.00% 14.20% 17.78% 100.00%
Real Estate
0.00% 1.38% 14.69% 71.43%
Industrials
0.00% 10.19% 17.71% 100.00%
Healthcare
0.00% 9.92% 19.33% 100.00%
Financial Services
0.00% 13.77% 18.50% 100.00%
Energy
0.00% 3.85% 9.71% 100.00%
Communication Services
0.00% 1.27% 5.84% 71.43%
Consumer Defense
0.00% 0.96% 5.62% 71.43%
Consumer Cyclical
0.00% 8.13% 12.78% 100.00%
Basic Materials
0.00% 4.99% 7.44% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High HFXAX % Rank
US
2.19% -0.80% 38.75% 87.50%
Non US
0.02% -0.04% 14.35% 62.50%

Bond Sector Breakdown

Weighting Return Low Return High HFXAX % Rank
Cash & Equivalents
84.77% 4.31% 84.77% 18.75%
Government
15.23% 3.39% 59.49% 31.25%
Derivative
0.00% 0.00% 92.30% 100.00%
Securitized
0.00% 0.00% 32.20% 100.00%
Corporate
0.00% 0.00% 28.23% 100.00%
Municipal
0.00% 0.00% 5.70% 100.00%

Bond Geographic Breakdown

Weighting Return Low Return High HFXAX % Rank
US
13.37% 10.96% 59.97% 75.00%
Non US
0.00% 0.00% 14.10% 100.00%

Expenses

HFXAX - Expenses

Operational Fees

HFXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.33% 1.58% 3.40% 50.00%
Management Fee 1.75% 0.50% 1.75% 100.00%
12b-1 Fee 0.25% 0.00% 1.00% 66.67%
Administrative Fee N/A 0.15% 0.25% 27.27%

Sales Fees

HFXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 4.75% 5.75% 75.00%
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 2.00% 2.00% N/A

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% 212.00% 31.25%

Distributions

HFXAX - Distributions

Dividend Yield Analysis

HFXAX Category Low Category High HFXAX % Rank
Dividend Yield 0.00% 0.00% 0.00% 100.00%

Dividend Distribution Analysis

HFXAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

HFXAX Category Low Category High HFXAX % Rank
Net Income Ratio -1.15% -1.89% 1.54% 93.75%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

HFXAX - Fund Manager Analysis

Managers

Edward Walczak


Start Date

Tenure

Tenure Rank

Aug 30, 2013

6.34

6.3%

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 Category High Category Average Category Mode
0.18 14.29 4.97 2.5