# Catalyst Buffered Shield Fund Class A (SHIEX): Mutual Fund Facts & Distributions

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- Issuer: Catalyst · Asset class: —
- Strategy: Buffered · Inception: 2015-04-14

The fund's primary objective is to achieve long-term capital appreciation. Under normal market conditions, it pursues this goal by allocating capital to fixed income instruments and employing put and call options on Exchange Traded Funds (ETFs) that replicate the performance of the S&P 500 Index. Exceed Advisory LLC, serving as the fund's investment sub-advisor, implements a tailored equity options strategy using this combination of index ETF options. This approach is structured to limit potential losses to 12.5% during periods of S&P 500 Index decline, while also enabling the fund to parti...

## Key Facts

| Metric | Value |
|---|---|
| Price | $11.51 |
| Expense Ratio | 0.00% |
| Assets Under Management | $4.8M |
| NAV | $11.49 |
| Holdings Count | 0 |
| Distribution Yield (TTM) | 2.61% |
| Annual Distribution (TTM) | $0.30 /share |
| Distribution Frequency | Annual |
| 52-Week Range | $10.45 – $11.53 |
| Beta | 0.56 |

## Latest Distribution

- Amount: $0.3004 /share
- Ex-date: 2025-12-15
- Pay date: 2025-12-16

## Frequently Asked Questions

### What does SHIEX invest in?

The fund's primary objective is to achieve long-term capital appreciation. Under normal market conditions, it pursues this goal by allocating capital to fixed income instruments and employing put and call options on Exchange Traded Funds (ETFs) that replicate the performance of the S&P 500 Index. Exceed Advisory LLC, serving as the fund's investment sub-advisor, implements a tailored equity options strategy using this combination of index ETF options. This approach is structured to limit potential losses to 12.5% during periods of S&P 500 Index decline, while also enabling the fund to participate in its gains up to approximately 15%.

### What is the expense ratio of SHIEX?

Catalyst Buffered Shield Fund Class A (SHIEX) charges an expense ratio of 0.00%. This is the annual fee deducted from fund assets to cover management and operations.

### What is SHIEX's dividend yield?

SHIEX's trailing-twelve-month yield is 2.61%, calculated from the sum of dividends over the past year divided by the current price.

### What is the duration of SHIEX?

Effective duration measures SHIEX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SHIEX's current duration is published on the fund's factsheet on the issuer's website.

### What is the credit quality of SHIEX?

SHIEX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

### What is the yield to maturity of SHIEX?

Yield to maturity (YTM) is the total return you'd earn from SHIEX if every bond in the portfolio is held to maturity at the current price. SHIEX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

### Does SHIEX pay a dividend?

Yes, Catalyst Buffered Shield Fund Class A (SHIEX) distributes dividends to shareholders. The trailing-twelve-month yield is 2.61%. Full dividend history is on this page.

### How often does SHIEX pay dividends?

Catalyst Buffered Shield Fund Class A pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is SHIEX's next ex-dividend date?

The most recently announced ex-dividend date for SHIEX was 2025-12-15. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page.

### How much will SHIEX's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.00% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does SHIEX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from SHIEX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does SHIEX cost more than a fund like VOO?

SHIEX's strategy (current expense ratio 0.00%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where SHIEX sits within its own category, which is the comparison that actually matters.

### Are there cheaper alternatives to SHIEX?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SHIEX (0.00%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/shiex
- Distribution history: https://www.dividenddata.com/funds/shiex/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/shiex/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/shiex/expenses
- Peer comparison: https://www.dividenddata.com/funds/shiex/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.