HIIIX Performance — Catalyst/SMH High Income Fund, Class I
Data updated: 2026-09-11
HIIIX returned +3.65% year to date and +15.88% over one year to Jun 2026. Annualised returns are +13.14% over 3 years and +5.77% over 5 years. The fund beat its Short-Term Corporate Bond category average: $100 invested three years ago grew to $145, against $121 for the category, and to $116 over one year, against $105. Volatility over the past three years was 7.30% a year. In the 12 months to Jun 2026 the fund took in a net $151.1M, and assets reached $168.18M.
HIIIX Growth of $100
What $100 invested in Catalyst/SMH High Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Corporate Bond category average over the same months.
| Period | HIIIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $116 | $105 |
| 3 years (Jul 2023 – Jun 2026) | $145 | $121 |
| 5 years (Jul 2021 – Jun 2026) | $132 | $117 |
| Since data start (Jul 2019 – Jun 2026) | $164 | $128 |
HIIIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +3.65% |
| 1 year | +15.88% |
| 3 years (annualised) | +13.14% |
| 5 years (annualised) | +5.77% |
HIIIX Annual Returns
Calendar-year total returns of Catalyst/SMH High Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +3.65% |
| 2025 | +15.98% |
| 2024 | +9.29% |
| 2023 | +16.72% |
| 2022 | −13.27% |
| 2021 | +8.02% |
| 2020 | +10.55% |
| 2019 (Jul–Dec) | +3.31% |
HIIIX 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 | +1.2% | −2.0% | −1.4% | +4.4% | +1.3% | +0.2% | — | — | — | — | — | — |
| 2025 | +1.5% | −0.4% | −3.0% | −2.0% | +2.6% | +5.3% | +2.7% | +2.5% | +4.9% | +0.9% | −0.1% | +0.4% |
| 2024 | +0.4% | −0.4% | +2.3% | −1.0% | +0.9% | +1.4% | +1.9% | +0.5% | +1.5% | −0.2% | +2.6% | −1.0% |
| 2023 | +2.9% | −0.3% | +0.5% | −0.5% | +0.7% | +2.5% | +3.0% | 0.0% | −0.9% | −1.3% | +5.4% | +3.8% |
| 2022 | −2.2% | −1.9% | −0.1% | −4.0% | −2.5% | −7.2% | +4.7% | +0.5% | −4.3% | +2.4% | +2.7% | −1.6% |
| 2021 | +1.3% | +2.0% | +0.6% | +1.1% | +0.2% | +3.0% | −0.9% | +1.0% | −0.9% | +0.3% | −1.0% | +0.9% |
| 2020 | +0.9% | +0.1% | −13.0% | +1.0% | +4.1% | +3.5% | +5.6% | +2.5% | −0.6% | +0.2% | +4.9% | +2.2% |
| 2019 | — | — | — | — | — | — | +1.2% | −0.8% | +0.5% | +0.7% | +0.7% | +1.0% |
HIIIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 7.30%
- 3-year Sharpe ratio: 1.18 (vs 4.5% risk-free rate)
- Best month: +5.42% (Nov 2023)
- Worst month: −2.98% (Mar 2025)
HIIIX Fund Flows
Monthly money in and out of Catalyst/SMH High Income Fund, from SEC Form N-PORT.
- 12-month net flow: $151.1M
- 12-month gross sales (incl. reinvestments): $195.6M
- Sales ÷ redemptions: 4.40×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $20.0M | $2.7M | $17.3M |
| May 2026 | $20.4M | $2.5M | $17.9M |
| Apr 2026 | $19.9M | $9.5M | $10.4M |
| Mar 2026 | $15.0M | $11.9M | $3.1M |
| Feb 2026 | $19.5M | $2.0M | $17.6M |
| Jan 2026 | $29.9M | $6.6M | $23.3M |
| Dec 2025 | $18.1M | $1.3M | $16.8M |
| Nov 2025 | $10.9M | $539K | $10.4M |
| Oct 2025 | $28.5M | $6.9M | $21.6M |
| Sep 2025 | $12.0M | $255K | $11.7M |
| Aug 2025 | $457K | $195K | $261K |
| Jul 2025 | $985K | $200K | $785K |
HIIIX Assets Under Management
Net assets of Catalyst/SMH High Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $168.18M |
| 2026-03-31 | $117.87M |
| 2025-12-31 | $78.76M |
| 2025-09-30 | $30.26M |
| 2025-06-30 | $15.95M |
| 2025-03-31 | $15.55M |
| 2024-12-31 | $17.32M |
| 2024-09-30 | $16.38M |
| 2024-06-30 | $15.09M |
| 2024-03-31 | $15.25M |
| 2023-12-31 | $15.31M |
| 2023-09-30 | $14.09M |
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.