CGGIX — Catalyst/Groesbeck Growth of Income Fund

Data updated: 2020-05-28

CGGIX — Catalyst/Groesbeck Growth of Income Fund. United States Growth Equity · $1.34M AUM · 1.13% expense ratio. Holdings, fees, performance and SEC filings.

CGGIX Fund Overview

CGGIX — Catalyst/Groesbeck Growth of Income Fund is a US mutual fund managed by Mutual Fund Series Trust, categorised as United States Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: Mutual Fund Series Trust
Category: United States Growth Equity
Assets under management: $1.34M
Ticker: CGGIX
SEC CIK: 0001355064
SEC series ID: S000027215
Share class ID: C000092592

CGGIX Investment Objective and Strategy

Catalyst/Groesbeck Growth of Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Mutual Fund Series Trust.

Investment objective

The Funds investment objective is income

Principal investment strategy

The Growth of Income Fund invests primarily in dividend-paying common stock of medium and large capitalization companies. The Funds sub-advisor, Groesbeck Investment Management Corp. (GIM or the Sub-Advisor) defines mid capitalization companies as those with a market capitalization of $2 billion or more. The Funds investments will generally be in common stocks that offer dividend yields above the market average and often show promise for future dividend increases. The securities selected for the portfolio will generally have a higher level of earnings, revenue, and dividend growth rates than the market average. The Sub-Advisor also attempts to select securities of companies that have strong balance sheets with a high return on equity and a low dividend payout ratio (the amount of dividends paid as a percentage of profits).

The Sub-Advisor believes that these are characteristics that generally lead to securities with more sustainable dividends. A company that pays out a smaller portion of its profits as dividends has a better ability to continue to pay or raise its dividends than a company that already pays out a higher percentage of its profits. The Sub-Advisor, seeks to invest in attractively valued securities that, in its opinion, represent above-average long-term investment opportunities. Securities may be sold when the Sub-Advisor believes that they no longer represent relatively attractive investment opportunities. Characteristics that may lead to the sale of a security include slowing sales and earnings growth and slowing dividend growth or reduced dividends.

CGGIX Costs and Fees

CGGIX costs about $113 per $10,000 invested per year in fund expenses.

Net expense ratio: 1.13%
Gross expense ratio: 3.32%
Portfolio turnover: 60%
Brokerage commissions: 8.55 bps of average net assets (SEC N-CEN)

CGGIX Cashflows

Over the 12 months to 2020-03, Catalyst/Groesbeck Growth of Income Fund had net inflows of $4.20M, from monthly SEC N-PORT filings.

Month	Net flow
2020-03	$50.20K
2020-02	$84.91K
2020-01	$678.07K
2019-12	$3.23M
2019-11	$12.15K
2019-10	$30.07K

CGGIX Debt Constituents

No individual debt constituents are reported in Catalyst/Groesbeck Growth of Income Fund's latest SEC N-PORT filing.

CGGIX Prospectus and SEC Filings

Official Catalyst/Groesbeck Growth of Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other United States Growth Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.