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EIXIX -- First Quarterly Fact Sheet Available

The first quarterly fact sheet for this "hot out of the gates" RMBS fund is available. It includes the first holdings info I have seen for this new fund.
The Catalyst Enhanced Income Strategy Fund seeks to generate current income via investments
in often overlooked segments of non-agency residential mortgage backed securities (RMBS) and
other fixed income asset-backed securities.
https://catalystmf.com/docs/funds/income_oriented_strategies/Catalyst_Enhanced_Income_Strategy_Fund/FactSheet.pdf

Comments

  • I have stayed clear of Catalyst funds ever since they changed the NAV after I sold a position, giving me less money. Their excuse, of course, was with thinly traded securities the individual positions are "valued" by a methodology not the market. Nevertheless, they were unwilling to stand by the NAV they disseminated on the day of the sale.
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