Catalyst/Millburn Hedge Strategy Fund (MBXAX)
The fund seeks to achieve its investment objective by investing in a portfolio comprised of (i) futures contracts, forward and spot contracts, and/or options on futures contracts on or related to the following sectors: currencies, interest rate instruments, stock indices, metals, energy and agricultural commodities, (the "Futures Component") and (ii) equity ETFs, common stocks (the "Equity Component"), intended to capitalize on the non-correlated, long term historical performance of the equities and managed futures asset classes.
Fund Info
Expense Ratio
MBXAX has a high expense ratio of 2.18%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Catalyst/Millburn Hedge Strategy 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/Millburn Hedge Strategy Fund had a return of 3.94% year-to-date (YTD) and 13.85% in the last 12 months.
MBXAX
3.94%
3.70%
3.86%
13.85%
6.39%
N/A
^GSPC (Benchmark)
1.96%
2.12%
8.93%
25.43%
12.52%
11.51%
Monthly Returns
The table below presents the monthly returns of MBXAX, 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 | 2.47% | 5.91% | 1.27% | 3.39% | -0.35% | 0.76% | -0.70% | -3.39% | -1.13% | 2.47% | 3.47% | -2.08% | 12.33% |
2023 | 0.06% | 0.75% | -5.25% | -0.47% | -1.38% | 4.61% | 1.28% | 0.73% | 4.99% | -2.26% | -0.90% | -3.02% | -1.32% |
2022 | -4.56% | 1.89% | 7.11% | 0.88% | 0.42% | -2.61% | -1.19% | 1.81% | 2.58% | 5.40% | -5.47% | -1.95% | 3.61% |
2021 | -1.43% | 8.15% | 0.70% | 5.28% | 3.38% | 0.53% | -0.41% | -1.72% | -4.31% | 6.54% | -0.44% | -0.06% | 16.62% |
2020 | -1.05% | -7.94% | -16.36% | 8.04% | 2.07% | 1.69% | 4.45% | 0.94% | 0.10% | -3.98% | 8.82% | 5.37% | -0.72% |
2019 | 3.38% | 2.07% | 1.27% | 2.07% | -5.79% | 4.36% | 1.37% | -4.28% | 2.70% | 0.69% | 3.98% | 1.54% | 13.59% |
2018 | -0.16% | -6.15% | 2.30% | 0.56% | 1.61% | 0.65% | -0.67% | 3.78% | 0.81% | -3.74% | 2.31% | -4.77% | -3.92% |
2017 | 0.80% | 4.22% | 0.76% | 1.84% | -0.61% | -3.06% | 1.34% | 3.61% | 0.10% | 3.41% | 0.37% | -2.89% | 10.03% |
2016 | 0.77% | 2.80% | 4.40% | -1.75% | 1.63% | 6.34% | 3.54% | -1.19% | 1.10% | -4.24% | 1.38% | 1.53% | 17.08% |
2015 | -0.72% | -0.72% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MBXAX is 69, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Catalyst/Millburn Hedge Strategy Fund (MBXAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Catalyst/Millburn Hedge Strategy Fund provided a 1.61% dividend yield over the last twelve months, with an annual payout of $0.64 per share.
Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.64 | $0.64 | $0.56 | $1.42 | $0.00 | $1.21 | $1.61 | $0.45 | $0.00 | $0.35 |
Dividend yield | 1.61% | 1.67% | 1.60% | 3.97% | 0.00% | 3.92% | 4.96% | 1.50% | 0.00% | 1.22% |
Monthly Dividends
The table displays the monthly dividend distributions for Catalyst/Millburn Hedge Strategy 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2025 | $0.00 | $0.00 | |||||||||||
2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.64 |
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 | $0.56 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.42 | $1.42 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $1.21 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.61 | $1.61 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.45 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2016 | $0.35 | $0.35 |
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/Millburn Hedge Strategy 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/Millburn Hedge Strategy Fund was 31.75%, occurring on Mar 23, 2020. Recovery took 221 trading sessions.
The current Catalyst/Millburn Hedge Strategy Fund drawdown is 0.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-31.75% | Feb 21, 2020 | 22 | Mar 23, 2020 | 221 | Feb 5, 2021 | 243 |
-14.92% | Nov 4, 2022 | 91 | Mar 17, 2023 | 251 | Mar 18, 2024 | 342 |
-14.8% | Dec 12, 2017 | 41 | Feb 9, 2018 | 308 | May 3, 2019 | 349 |
-9.49% | May 6, 2019 | 72 | Aug 15, 2019 | 57 | Nov 5, 2019 | 129 |
-8.47% | May 17, 2022 | 22 | Jun 16, 2022 | 76 | Oct 5, 2022 | 98 |
Volatility
Volatility Chart
The current Catalyst/Millburn Hedge Strategy Fund volatility is 2.62%, 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.