MBXIX Performance — Catalyst/Millburn Hedge Strategy Fund, Class I
Data updated: 2026-09-11
MBXIX returned +16.01% year to date and +20.45% over one year to Jun 2026. Annualised returns are +11.60% over 3 years and +7.88% over 5 years. Against its Aggressive Allocation category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $139, against $147 for the category, and to $120 over one year, against $120. Volatility over the past three years was 8.13% a year. In the 12 months to Jun 2026 the fund took in a net $691.6M, and assets reached $10.59B.
MBXIX Growth of $100
What $100 invested in Catalyst/Millburn Hedge Strategy Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Aggressive Allocation category average over the same months.
| Period | MBXIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $120 | $120 |
| 3 years (Jul 2023 – Jun 2026) | $139 | $147 |
| 5 years (Jul 2021 – Jun 2026) | $146 | $135 |
| Since data start (Jul 2019 – Jun 2026) | $181 | $171 |
MBXIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.01% |
| 1 year | +20.45% |
| 3 years (annualised) | +11.60% |
| 5 years (annualised) | +7.88% |
MBXIX Annual Returns
Calendar-year total returns of Catalyst/Millburn Hedge Strategy Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +16.01% |
| 2025 | +4.35% |
| 2024 | +13.50% |
| 2023 | −0.69% |
| 2022 | +7.73% |
| 2021 | +16.90% |
| 2020 | −0.49% |
| 2019 (Jul–Dec) | +6.09% |
MBXIX 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 | +4.0% | +2.3% | +3.3% | +3.2% | −0.5% | +2.8% | — | — | — | — | — | — |
| 2025 | +2.2% | −2.3% | −1.6% | −3.4% | +2.4% | +3.4% | +1.4% | −0.1% | +0.7% | +0.9% | +0.6% | +0.4% |
| 2024 | +2.5% | +5.9% | +1.3% | +3.4% | −0.3% | +0.8% | −0.7% | −3.4% | −1.1% | +2.5% | +3.5% | −1.3% |
| 2023 | +0.1% | +0.8% | −5.2% | −0.4% | −1.4% | +4.6% | +1.3% | +0.8% | +5.0% | −2.2% | −0.9% | −2.6% |
| 2022 | −4.5% | +1.9% | +7.1% | +0.9% | +0.4% | −2.6% | −1.2% | +1.8% | +2.6% | +5.4% | −5.4% | +1.7% |
| 2021 | −1.4% | +8.2% | +0.7% | +5.3% | +3.4% | +0.5% | −0.4% | −1.7% | −4.3% | +6.5% | −0.4% | 0.0% |
| 2020 | −1.0% | −7.9% | −16.4% | +8.0% | +2.1% | +1.7% | +4.5% | +0.9% | +0.1% | −4.0% | +8.8% | +5.4% |
| 2019 | — | — | — | — | — | — | +1.4% | −4.2% | +2.7% | +0.7% | +4.0% | +1.6% |
MBXIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.13%
- 3-year Sharpe ratio: 0.87 (vs 4.5% risk-free rate)
- Best month: +5.92% (Feb 2024)
- Worst month: −3.41% (Apr 2025)
MBXIX Fund Flows
Monthly money in and out of Catalyst/Millburn Hedge Strategy Fund, from SEC Form N-PORT.
- 12-month net flow: $691.6M
- 12-month gross sales (incl. reinvestments): $2.7B
- Sales ÷ redemptions: 1.35×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $364.6M | $127.5M | $237.1M |
| May 2026 | $334.2M | $124.5M | $209.7M |
| Apr 2026 | $292.5M | $168.2M | $124.3M |
| Mar 2026 | $304.3M | $171.0M | $133.3M |
| Feb 2026 | $224.2M | $158.9M | $65.4M |
| Jan 2026 | $241.1M | $198.8M | $42.3M |
| Dec 2025 | $143.6M | $140.0M | $3.6M |
| Nov 2025 | $137.8M | $178.1M | −$40.3M |
| Oct 2025 | $186.2M | $210.6M | −$24.4M |
| Sep 2025 | $162.7M | $156.6M | $6.1M |
| Aug 2025 | $134.7M | $177.3M | −$42.7M |
| Jul 2025 | $160.1M | $182.9M | −$22.8M |
MBXIX Assets Under Management
Net assets of Catalyst/Millburn Hedge Strategy Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $10.59B |
| 2026-03-31 | $9.48B |
| 2025-12-31 | $8.40B |
| 2025-09-30 | $8.31B |
| 2025-06-30 | $8.21B |
| 2025-03-31 | $8.29B |
| 2024-12-31 | $8.05B |
| 2024-09-30 | $7.54B |
| 2024-06-30 | $7.53B |
| 2024-03-31 | $6.97B |
| 2023-12-31 | $6.22B |
| 2023-09-30 | $6.49B |
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.