Catalyst/Perini Strategic Income Fund (CSIOX)
Income-Oriented Strategies · Interval Fund · Domestic Asset-Backed Fixed Income

Catalyst/Perini
Strategic Income Fund

Total return through investing primarily in domestic asset-backed fixed income securities — using experienced credit and capital spectrum management with a value-oriented, margin-of-safety approach.

NAV (CSIOX)
—
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YTD Return
—
Since Inception 08/02/2024
Since Inception
—
CSIOX · Annualized
Distribution
Monthly
Min. Investment $2,500

Fund Objective

01
Interval Fund — Important Notice
Shares of the Fund are not listed on any securities exchange, which makes them inherently illiquid. There is no secondary market for the Fund's shares. The Fund is required to repurchase at least 5% of outstanding shares on a quarterly basis in accordance with the Fund's repurchase policy. Shares of the Fund are not redeemable. This Fund is not suitable for investors who cannot tolerate risk of loss or who require liquidity other than liquidity provided through the Fund's repurchase policy.

The investment objective of the Fund is to seek total return.

Why Invest?

02

The Catalyst/Perini Strategic Income Fund seeks to achieve its investment objective by investing primarily in domestic asset-backed fixed income securities.

Experienced Management Team
Perini Capital's investment managers have been investing with decades of experience in asset selection across the credit and capital spectrum — bringing institutional-grade expertise to domestic asset-backed fixed income.
Value-Oriented Approach
Fundamental credit and prepay analysis are the basis for the team's investment decisions. The analysis is conducted via an in-depth review of collateral and structural features of securities with the goal of purchasing at a significant discount to fundamental value with the intent of providing a margin-of-safety.
Fund Structure Offers Potential Benefits
Given the interval fund structure, the team has the ability to take advantage of opportunities in the market without the concern of being a forced seller — providing flexibility that open-end mutual fund structures cannot offer in illiquid credit markets.
Monthly Distributions
The Fund distributes income monthly, providing investors with a regular income stream from a portfolio of domestic asset-backed fixed income securities — including residential and commercial mortgage-backed securities and other ABS.

Fund Performance

03
Current Fund Performance · Loading…

Fund inception date: 08/02/2024. Performance data as of 03/31/2026. Returns >1 year annualized. Source: Ultimus Fund Solutions. Past performance does not guarantee future results.

Fund Overview

04
Fund
Catalyst/Perini Strategic Income Fund
Ticker
CSIOX (Class I)
Inception Date
08/02/2024
Total Net Assets
—
Min. Investment
$2,500
Distributions
Monthly
Pricing Frequency
Monthly (Net Asset Basis)
Repurchase Policy
5% Quarterly (Interval Fund)
Investment Adviser
Catalyst Capital Advisors, LLC
Sub-Adviser
Perini Capital
Strategy
Domestic Asset-Backed Fixed Income
Fund Type
Interval Fund

Fund Documents

05
Prospectus
PDF · Regulatory
SAI
PDF · Regulatory
Fact Sheet
PDF · Marketing
Presentation
PDF · Marketing

Fund Management

06
MP
Michael Perini
Perini Capital
Founder & CIO
AB
Alex Borlenghi
Perini Capital
Portfolio Manager · Commercial Real Estate
PC
Perini Capital
Sub-Adviser
Decades of Credit & Capital Spectrum Experience
CA
Catalyst Capital Advisors
Investment Adviser
Catalyst Capital Advisors, LLC

Fund Expenses

07
Expense Item Class I (CSIOX)
Prospectus Gross Expense Ratio3.06%
Prospectus Net Expense Ratio1.99%
Adjusted Expense Ratio*1.99%

*The advisor has contractually agreed to waive fees and/or reimburse expenses of the Fund to the extent necessary to limit total annual fund operating expenses (excluding brokerage costs; acquired fund fees and expenses; borrowing costs such as (a) interest and (b) dividends on securities sold short; taxes and extraordinary expenses, such as regulatory inquiry and litigation expenses) at 2.24%, 2.99% and 1.99% for Class A shares, Class C shares and Class I shares, respectively, through January 31, 2026.

Privacy Policy Terms of Use Contact catalystmf.com

Important Information — Interval Fund. An investor should consider the Fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the Catalyst Funds can be found in the Fund's prospectus, which can be obtained by calling 1-866-447-4228. Please read the prospectus carefully before investing. Shares of the Fund are not listed on any securities exchange, which makes them inherently illiquid. There is no secondary market for the Fund's shares, and it is not anticipated that a secondary market will develop. As a result of the foregoing, an investment in the Fund's shares is not suitable for investors who cannot tolerate risk of loss or who require liquidity, other than liquidity provided through the Fund's quarterly repurchase policy. Moreover, shares of the Fund are not redeemable.

The Fund is required to repurchase at least 5% of outstanding shares on a quarterly basis in accordance with the Fund's repurchase policy. The Fund is not required to extend, and shareholders should not expect the Fund's Board of Trustees to authorize, repurchase offers in excess of 5% of outstanding shares. Accordingly, regardless of how the Fund performs, an investor may not be able to sell or otherwise liquidate his or her shares whenever such investor would prefer and, except to the extent permitted under the quarterly repurchase offer, will be unable to reduce his or her exposure on any market downturn.

There is no assurance that the Fund will achieve its investment objective. Past performance is not a guarantee of future results. The Fund is not intended to be a complete investment program. Investing in the Fund carries certain risks. The value of the Fund may decrease in response to the activities and financial prospects of an individual security in the Fund's portfolio. The Fund is non-diversified and may invest a greater percentage of its assets in a particular issue. Interest rate risk is the risk that bond prices overall, including the prices of securities held by the Fund, will decline over short or even long periods of time due to rising interest rates.

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