CFRAX Performance — Catalyst/CIFC Senior Secured Income Fund, Class A
Data updated: 2026-09-11
CFRAX returned +0.58% year to date and +3.76% over one year to Jun 2026. Annualised returns are +7.39% over 3 years and +5.36% over 5 years. Against its Ultrashort Corporate Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $124, against $123 for the category, and to $104 over one year, against $106. Volatility over the past three years was 2.12% a year. In the 12 months to Jun 2026 the fund took in a net $138.1M, and assets reached $773.62M.
CFRAX Growth of $100
What $100 invested in Catalyst/CIFC Senior Secured Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Corporate Bond category average over the same months.
| Period | CFRAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $104 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $124 | $123 |
| 5 years (Jul 2021 – Jun 2026) | $130 | $126 |
| Since data start (Jul 2019 – Jun 2026) | $142 | $135 |
CFRAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.58% |
| 1 year | +3.76% |
| 3 years (annualised) | +7.39% |
| 5 years (annualised) | +5.36% |
CFRAX Annual Returns
Calendar-year total returns of Catalyst/CIFC Senior Secured Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.58% |
| 2025 | +5.86% |
| 2024 | +9.13% |
| 2023 | +13.13% |
| 2022 | −2.61% |
| 2021 | +3.82% |
| 2020 | +3.66% |
| 2019 (Jul–Dec) | +3.41% |
CFRAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.3% | −1.4% | +0.7% | +1.2% | +0.7% | −0.3% | — | — | — | — | — | — |
| 2025 | +0.7% | +0.1% | −0.4% | 0.0% | +1.6% | +0.7% | +0.8% | +0.5% | +0.3% | +0.3% | +0.4% | +0.8% |
| 2024 | +0.6% | +0.9% | +0.9% | +0.6% | +1.0% | +0.3% | +0.7% | +0.7% | +0.6% | +0.8% | +1.1% | +0.6% |
| 2023 | +2.8% | +0.4% | +0.3% | +0.9% | −0.6% | +2.2% | +1.5% | +1.2% | +0.7% | 0.0% | +1.6% | +1.6% |
| 2022 | +0.3% | −0.6% | 0.0% | 0.0% | −2.8% | −2.2% | +1.5% | +1.8% | −2.9% | +0.5% | +1.5% | +0.4% |
| 2021 | +0.8% | +0.4% | −0.1% | +0.5% | +0.4% | +0.3% | −0.1% | +0.4% | +0.6% | +0.1% | −0.1% | +0.6% |
| 2020 | +0.6% | −1.5% | −10.3% | +4.1% | +4.0% | +1.1% | +1.7% | +1.1% | +0.3% | 0.0% | +2.0% | +1.3% |
| 2019 | — | — | — | — | — | — | +0.9% | −0.4% | +0.7% | −0.4% | +0.8% | +1.8% |
CFRAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.12%
- 3-year Sharpe ratio: 1.36 (vs 4.5% risk-free rate)
- Best month: +1.58% (May 2025)
- Worst month: −1.42% (Feb 2026)
CFRAX Fund Flows
Monthly money in and out of Catalyst/CIFC Senior Secured Income Fund, from SEC Form N-PORT.
- 12-month net flow: $138.1M
- 12-month gross sales (incl. reinvestments): $469.9M
- Sales ÷ redemptions: 1.42×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $32.6M | $16.5M | $16.0M |
| May 2026 | $25.9M | $21.7M | $4.3M |
| Apr 2026 | $32.3M | $30.1M | $2.1M |
| Mar 2026 | $41.6M | $53.6M | −$12.0M |
| Feb 2026 | $42.9M | $41.0M | $1.9M |
| Jan 2026 | $69.0M | $29.7M | $39.3M |
| Dec 2025 | $40.8M | $20.9M | $19.9M |
| Nov 2025 | $30.1M | $14.3M | $15.8M |
| Oct 2025 | $40.9M | $25.7M | $15.2M |
| Sep 2025 | $35.6M | $22.4M | $13.2M |
| Aug 2025 | $32.9M | $32.4M | $547K |
| Jul 2025 | $45.3M | $23.5M | $21.8M |
CFRAX Assets Under Management
Net assets of Catalyst/CIFC Senior Secured Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $773.62M |
| 2026-03-31 | $750.95M |
| 2025-12-31 | $740.51M |
| 2025-09-30 | $688.55M |
| 2025-06-30 | $655.66M |
| 2025-03-31 | $678.49M |
| 2024-12-31 | $578.48M |
| 2024-09-30 | $509.00M |
| 2024-06-30 | $464.42M |
| 2024-03-31 | $409.59M |
| 2023-12-31 | $359.54M |
| 2023-09-30 | $285.98M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.