Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.4%
1 yr return
21.6%
3 Yr Avg Return
6.7%
5 Yr Avg Return
8.8%
Net Assets
$127 M
Holdings in Top 10
44.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.52%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 116.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CPEAX - Profile
Distributions
- YTD Total Return 9.4%
- 3 Yr Annualized Total Return 6.7%
- 5 Yr Annualized Total Return 8.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.58%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameCatalyst Dynamic Alpha Fund
-
Fund Family NameMutual Fund Series Trust
-
Inception DateDec 22, 2011
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCory Krebs
Fund Description
The Fund seeks to achieve its investment objective by investing primarily in common stocks of U.S. companies. In addition to common stocks, other types of equity securities in which the Fund may invest include real estate investment trusts (“REITs”) and American Depositary Receipts (“ADRs”). Under normal conditions, the Fund invests at least 80% of the Fund’s net assets plus any borrowings for investment purposes in equity securities defined as common stocks, REITs and ADRs. The Fund is managed using an approach that imposes no limits or restrictions on the market capitalization of its investments. The Fund’s investment strategy focuses on individual stock selection taking into consideration the stock’s industry group. Using quantitative measures established by Cookson, Peirce & Co., Inc., the Fund’s investment sub-advisor (“CP” or the “Sub-Advisor”), the Fund seeks to purchase equities which have stronger relative performance than other equities.
The Fund believes that the whole market approach provides one main advantage: it allows a shareholder to participate in all major areas of the U.S. equity market in a single fund, including companies of all sizes with both growth and value characteristics. In so doing, the Fund uses a proprietary, disciplined and quantitative process so that more stocks can be analyzed on a weekly basis more objectively than by following a more traditional, labor intensive investment process. The Sub-Advisor uses this process to continually analyze equity securities across various industries as candidates for purchase by the Fund. From the universe of stocks, the Sub-Advisor employs a proprietary analysis based on stock and industry strength, volatility and other factors to select particular stocks to buy, sell or hold. The Fund actively trades its portfolio investments, which may lead to higher transaction costs that may affect the Fund’s performance.
The Fund is classified as “non-diversified” for purposes of the Investment Company Act of 1940 (the “1940 Act”), which means that it is not limited by the 1940 Act with regard to the portion of its assets that may be invested in the securities of a single issuer.
CPEAX - Performance
Return Ranking - Trailing
| Period | CPEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.4% | -16.3% | 19.3% | 22.16% |
| 1 Yr | 21.6% | -24.2% | 56.3% | 85.92% |
| 3 Yr | 6.7%* | -31.3% | 22.2% | 28.38% |
| 5 Yr | 8.8%* | -16.7% | 28.7% | 92.24% |
| 10 Yr | 11.0%* | -5.9% | 18.7% | 78.74% |
* Annualized
Return Ranking - Calendar
| Period | CPEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.4% | -74.1% | 72.4% | 93.46% |
| 2022 | -15.8% | -85.9% | 4.7% | 1.49% |
| 2021 | -9.3% | -52.4% | 60.5% | 86.90% |
| 2020 | 21.0% | -34.3% | 145.0% | 68.93% |
| 2019 | 11.0% | -21.8% | 49.4% | 93.74% |
Total Return Ranking - Trailing
| Period | CPEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.4% | -16.3% | 19.3% | 22.16% |
| 1 Yr | 21.6% | -24.2% | 56.3% | 85.92% |
| 3 Yr | 6.7%* | -31.3% | 22.2% | 28.38% |
| 5 Yr | 8.8%* | -16.7% | 28.7% | 92.24% |
| 10 Yr | 11.0%* | -5.9% | 18.7% | 78.74% |
* Annualized
Total Return Ranking - Calendar
| Period | CPEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.4% | -4.6% | 72.4% | 98.19% |
| 2022 | -14.9% | -61.7% | 5.6% | 2.54% |
| 2021 | 19.8% | -39.8% | 118.1% | 62.21% |
| 2020 | 21.0% | 2.8% | 149.2% | 91.75% |
| 2019 | 11.1% | -5.2% | 49.4% | 99.81% |
NAV & Total Return History
CPEAX - Holdings
Concentration Analysis
| CPEAX | Category Low | Category High | CPEAX % Rank | |
|---|---|---|---|---|
| Net Assets | 127 M | 242 K | 269 B | 85.77% |
| Number of Holdings | 34 | 1 | 3217 | 85.14% |
| Net Assets in Top 10 | 50.8 M | 104 K | 111 B | 86.82% |
| Weighting of Top 10 | 44.51% | 0.7% | 205.0% | 72.90% |
Top 10 Holdings
- QUANTA SERVICES 7.34%
- BUILDERS FIRSTSO 6.97%
- CENCORA INC 4.44%
- MICROSOFT CORP 4.17%
- KLA CORP 4.03%
- MERCK CO 3.60%
- VERTEX PHARM 3.59%
- FLEX LTD 3.50%
- DECKERS OUTDOOR 3.50%
- APOLLO GLOBAL MA 3.39%
Asset Allocation
| Weighting | Return Low | Return High | CPEAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.34% | 0.00% | 130.05% | 30.32% |
| Cash | 0.66% | -1.50% | 173.52% | 66.47% |
| Preferred Stocks | 0.00% | 0.00% | 7.84% | 78.46% |
| Other | 0.00% | -43.49% | 50.04% | 77.03% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 74.87% |
| Bonds | 0.00% | 0.00% | 104.15% | 76.27% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CPEAX % Rank | |
|---|---|---|---|---|
| Technology | 26.06% | 0.00% | 65.70% | 81.05% |
| Financial Services | 16.76% | 0.00% | 43.06% | 10.49% |
| Industrials | 12.00% | 0.00% | 30.65% | 8.46% |
| Healthcare | 8.49% | 0.00% | 39.76% | 87.73% |
| Consumer Defense | 8.17% | 0.00% | 25.50% | 8.12% |
| Basic Materials | 7.43% | 0.00% | 18.91% | 3.05% |
| Real Estate | 7.09% | 0.00% | 16.05% | 1.61% |
| Energy | 6.95% | 0.00% | 41.09% | 5.58% |
| Consumer Cyclical | 4.91% | 0.00% | 62.57% | 96.62% |
| Utilities | 2.13% | 0.00% | 16.07% | 8.04% |
| Communication Services | 0.00% | 0.00% | 66.40% | 99.24% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CPEAX % Rank | |
|---|---|---|---|---|
| US | 99.34% | 0.00% | 130.05% | 22.47% |
| Non US | 0.00% | 0.00% | 78.10% | 82.77% |
CPEAX - Expenses
Operational Fees
| CPEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.52% | 0.01% | 19.54% | 17.70% |
| Management Fee | 1.00% | 0.00% | 1.50% | 98.22% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 52.25% |
| Administrative Fee | N/A | 0.01% | 1.02% | 60.64% |
Sales Fees
| CPEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 2.25% | 8.50% | 29.45% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| CPEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| CPEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 116.00% | 0.00% | 316.74% | 92.65% |
CPEAX - Distributions
Dividend Yield Analysis
| CPEAX | Category Low | Category High | CPEAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 28.16% | 43.32% |
Dividend Distribution Analysis
| CPEAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| CPEAX | Category Low | Category High | CPEAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.58% | -6.13% | 3.48% | 69.95% |
Capital Gain Distribution Analysis
| CPEAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2023 | $0.001 | OrdinaryDividend |
| Dec 13, 2019 | $0.023 | OrdinaryDividend |
| Dec 14, 2018 | $0.054 | OrdinaryDividend |
| Dec 18, 2012 | $0.019 | OrdinaryDividend |
CPEAX - Fund Manager Analysis
Managers
Cory Krebs
Start Date
Tenure
Tenure Rank
Dec 22, 2011
10.45
10.5%
Mr. Krebs has served as an Executive Vice President and Portfolio Manager of Cookson, Peirce & Co., Inc. since 2003. Prior to joining Cookson, Peirce & Co., Inc. in 2003, Mr. Krebs was an Equity Trader with Laurel Capital Advisors, an investment subsidiary of Mellon Financial Corporation, from 1998 to 2003. Mr. Krebs had also previously worked in the financial services industry for Federated Investors Inc. and American Express Financial Advisors. Mr. Krebs pursued his undergraduate studies at the University of Pittsburgh, completing a Bachelor of Arts degree in Economics in 1996. He has since obtained a M.B.A. degree with a concentration in Finance from the Katz Graduate School of Business at the University of Pittsburgh. Mr. Krebs was awarded the Chartered Financial Analyst designation by the CFA Institute in October 2007.
Bruce Miller
Start Date
Tenure
Tenure Rank
Dec 22, 2011
10.45
10.5%
Mr. Miller has served as Chief Investment Officer and Secretary of Cookson, Peirce & Co., Inc since 2006. Prior to joining Cookson, Peirce & Co., Inc in 1987 as a portfolio manager, Mr. Miller was a consultant to small business owners through the Small Business Development Center at Clarion University. After nearly ten years with Cookson, Peirce & Co., Inc, Mr. Miller left to join the Fragasso Group, an investment firm, where he created an in-house portfolio management department. He rejoined Cookson, Peirce & Co., Inc in April 1999 and became an owner in 2002. Mr. Miller graduated from Slippery Rock University with a Bachelor of Science degree in Business Administration with a major in Finance in 1983. Mr. Miller then attended Kent State University and received his M.B.A. with a concentration in Finance and Information Systems. Mr. Miller was awarded the Chartered Financial Analyst designation by the CFA Institute in September of 1991.
Luke O'Neill
Start Date
Tenure
Tenure Rank
Jul 23, 2019
2.86
2.9%
Luke joined CooksonPeirce in 2018 with 18 years of experience in the investment business. Most recently at Mellon Capital Management, a large institutional investment manager within BNY Mellon, he served as a director on its investment strategy team and head of product development and management. Before that, he served as executive director and head of manager research at Morgan Stanley Investment Management and as vice president and head of manager research at Wilshire Associates. Luke received a B.S. in applied mathematics and an M.S. in organizational leadership from Geneva College and his M.B.A. in finance from Carnegie Mellon University. He holds the Chartered Financial Analyst designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.21 | 3.08 |