Catalyst/CIFC Floating Rate Income Fund (CFRIX)
The investment seeks current income. Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in U.S. dollar denominated floating rate secured loans and other floating rate debt instruments, including: floating rate bonds; floating rate notes; floating rate debentures; and tranches of floating rate asset-backed securities, including structured notes, made to, or issued by, U.S. and non-U.S. corporations or other business entities; and other investment companies (including exchange traded funds) that invest primarily in floating rate assets.
Fund Info
US62827M8881
62827M888
Dec 30, 2012
$2,500
Expense Ratio
CFRIX features an expense ratio of 0.90%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Catalyst/CIFC Floating Rate Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Catalyst/CIFC Floating Rate Income Fund had a return of 7.96% year-to-date (YTD) and 9.06% in the last 12 months. Over the past 10 years, Catalyst/CIFC Floating Rate Income Fund had an annualized return of 4.84%, while the S&P 500 had an annualized return of 11.01%, indicating that Catalyst/CIFC Floating Rate Income Fund did not perform as well as the benchmark.
CFRIX
7.96%
0.63%
3.81%
9.06%
5.30%
4.84%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of CFRIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.66% | 0.92% | 0.88% | 0.66% | 1.15% | 0.24% | 0.79% | -0.09% | 0.60% | 0.92% | 1.07% | 7.96% | |
| 2023 | 2.86% | 0.43% | 0.18% | 0.91% | -0.42% | 2.22% | 1.37% | 1.33% | 0.70% | -0.11% | 1.60% | 1.57% | 13.35% |
| 2022 | 0.31% | -0.55% | -0.10% | -0.20% | -2.50% | -2.26% | 1.56% | 1.85% | -2.89% | 0.69% | 1.49% | 0.42% | -2.29% |
| 2021 | 0.84% | 0.46% | -0.09% | 0.50% | 0.48% | 0.31% | -0.14% | 0.48% | 0.61% | 0.18% | -0.22% | 0.75% | 4.23% |
| 2020 | 0.60% | -1.32% | -10.32% | 4.08% | 4.00% | 1.15% | 0.96% | 1.27% | 0.32% | 0.04% | 1.94% | 1.41% | 3.39% |
| 2019 | 2.83% | 1.68% | -0.16% | 1.83% | -0.50% | 0.49% | 0.93% | -0.28% | 0.66% | -0.35% | 0.77% | 1.78% | 10.05% |
| 2018 | 1.80% | -0.16% | 0.53% | 0.03% | 0.30% | -0.07% | 0.68% | 0.24% | 0.51% | -0.01% | -0.70% | -2.36% | 0.72% |
| 2017 | 0.93% | 0.78% | 0.12% | 0.19% | 0.39% | -0.52% | 1.40% | -0.12% | 0.65% | 0.30% | 2.71% | 0.24% | 7.26% |
| 2016 | -2.32% | -2.14% | 2.79% | 3.00% | 2.67% | -0.96% | 2.08% | 1.62% | 0.47% | 0.02% | 0.60% | 1.85% | 9.91% |
| 2015 | -0.03% | 1.93% | 0.24% | 0.98% | 0.46% | -0.52% | 0.07% | -0.65% | -1.77% | -0.21% | -2.12% | -3.41% | -5.03% |
| 2014 | 0.72% | 0.75% | 0.29% | 0.12% | 0.76% | 0.75% | -0.29% | 0.37% | -1.09% | 0.05% | -0.04% | -1.86% | 0.51% |
| 2013 | 2.38% | 0.07% | 1.32% | 0.63% | -0.22% | -0.59% | 1.48% | 0.11% | 0.73% | 1.40% | 0.60% | 0.72% | 8.95% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, CFRIX is among the top 1% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Catalyst/CIFC Floating Rate Income Fund (CFRIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Catalyst/CIFC Floating Rate Income Fund provided a 8.55% dividend yield over the last twelve months, with an annual payout of $0.79 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.79 | $0.80 | $0.49 | $0.34 | $0.38 | $0.53 | $0.40 | $0.43 | $0.53 | $0.57 | $0.48 | $0.39 |
Dividend yield | 8.55% | 8.62% | 5.46% | 3.52% | 3.99% | 5.51% | 4.28% | 4.51% | 5.70% | 6.29% | 4.78% | 3.73% |
Monthly Dividends
The table displays the monthly dividend distributions for Catalyst/CIFC Floating Rate Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.07 | $0.06 | $0.06 | $0.07 | $0.07 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.00 | $0.72 |
| 2023 | $0.07 | $0.06 | $0.07 | $0.06 | $0.07 | $0.07 | $0.06 | $0.07 | $0.06 | $0.07 | $0.07 | $0.07 | $0.80 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.49 |
| 2021 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2020 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.38 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.05 | $0.03 | $0.06 | $0.53 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.02 | $0.03 | $0.05 | $0.03 | $0.04 | $0.40 |
| 2017 | $0.04 | $0.02 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.05 | $0.03 | $0.43 |
| 2016 | $0.06 | $0.06 | $0.06 | $0.07 | $0.05 | $0.04 | $0.04 | $0.05 | $0.03 | $0.02 | $0.03 | $0.03 | $0.53 |
| 2015 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.06 | $0.04 | $0.57 |
| 2014 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.06 | $0.04 | $0.05 | $0.48 |
| 2013 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.39 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Catalyst/CIFC Floating Rate Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Catalyst/CIFC Floating Rate Income Fund was 19.19%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.
The current Catalyst/CIFC Floating Rate Income Fund drawdown is 0.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.19% | Feb 5, 2020 | 33 | Mar 23, 2020 | 122 | Sep 15, 2020 | 155 |
| -13.19% | Jun 2, 2015 | 189 | Mar 1, 2016 | 199 | Dec 12, 2016 | 388 |
| -6.03% | Feb 9, 2022 | 108 | Jul 14, 2022 | 138 | Jan 31, 2023 | 246 |
| -4.06% | Jul 29, 2014 | 99 | Dec 16, 2014 | 85 | Apr 21, 2015 | 184 |
| -3.51% | Oct 23, 2018 | 45 | Dec 27, 2018 | 37 | Feb 21, 2019 | 82 |
Volatility
Volatility Chart
The current Catalyst/CIFC Floating Rate Income Fund volatility is 0.75%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.