Catalyst/CIFC Senior Secured Income I

Frequently Asked Questions About CFRIX

What does CFRIX invest in?

Under typical market conditions, this fund commits at least 80% of its net assets (including any borrowed funds for investment) to U.S. dollar-denominated financial instruments that feature adjustable interest rates. These primarily consist of secured loans with variable rates and other types of floating-rate debt instruments. Such investments include, but are not limited to, floating-rate bonds, notes, and debentures, as well as segments of floating-rate asset-backed securities, including structured notes. These holdings are made with, or issued by, corporations and other commercial entities located both within and outside the United States. Additionally, the fund may allocate capital to other collective investment vehicles (such as exchange-traded funds) that principally invest in floating-rate assets.

What is the expense ratio of CFRIX?

Catalyst/CIFC Senior Secured Income I (CFRIX) charges an expense ratio of 0.00%. This is the annual fee deducted from fund assets to cover management and operations.

What is CFRIX's dividend yield?

CFRIX's trailing-twelve-month yield is 6.57%, calculated from the sum of dividends over the past year divided by the current price.

How big is CFRIX?

Catalyst/CIFC Senior Secured Income I (CFRIX) manages $675.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is CFRIX actively managed or an index fund?

CFRIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was CFRIX launched?

Catalyst/CIFC Senior Secured Income I (CFRIX) launched in December 2012 and is managed by Catalyst.