# EDGAR Filing Document

**Accession Number:** 0001355064
**File Stem:** 0001752724-23-047710
**Filing Date:** 2023-2
**Character Count:** 36893
**Document Hash:** 0665caaccf9f2b025154996f18aaa092
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-047710.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-047710

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MUTUAL FUND SERIES TRUST
- **CENTRAL INDEX KEY:** 0001355064
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21872
- **FILM NUMBER:** 23686011

**BUSINESS ADDRESS:**
- **STREET 1:** C/O GEMINI FUND SERVICES LLC
- **STREET 2:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022-3474
- **BUSINESS PHONE:** 631 549 1859

**MAIL ADDRESS:**
- **STREET 1:** C/O GEMINI FUND SERVICES LLC
- **STREET 2:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022-3474

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CATALYST FUNDS
- **DATE OF NAME CHANGE:** 20060303

## Series and Classes Contracts Data

### Empiric 2500 Fund (Series ID: S000040322)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000125239 | Empiric 2500 Fund Class A | EMCAX           |
| C000125240 | Empiric 2500 Fund Class C | EMCCX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **EMPIRIC FUND** | **EMPIRIC FUND** | **EMPIRIC FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **December 31, 2022** | **December 31, 2022** | **December 31, 2022** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 95.5%** |  |
|  | **ADVERTISING & MARKETING - 2.6%** |  |
| 19563 | Interpublic Group of Companies, Inc. (The)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; $651644 |
|  | **AEROSPACE & DEFENSE - 1.5%** |  |
| 6529 | Aerojet Rocketdyne Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 365167 |
|  | **APPAREL & TEXTILE PRODUCTS - 0.0%<sup>(b)</sup>** |  |
| 32 | Carter's, Inc. | &nbsp;&nbsp;&nbsp; 2388 |
|  | **ASSET MANAGEMENT - 6.0%** |  |
| 7700 | Ares Management Corporation, Class A | &nbsp;&nbsp;&nbsp; 526988 |
| 701 | F&G Annuities & Life, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14027 |
| 4250 | LPL Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp; 918722 |
|  |  | &nbsp;&nbsp; 1459737 |
|  | **BEVERAGES - 2.7%** |  |
| 1307 | Coca-Cola Consolidated, Inc. | &nbsp;&nbsp;&nbsp; 669655 |
|  | **BIOTECH & PHARMA - 3.9%** |  |
| 8166 | Halozyme Therapeutics, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 464645 |
| 4201 | Horizon Therapeutics plc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 478074 |
|  |  | &nbsp;&nbsp; 942719 |
|  | **CHEMICALS - 1.5%** |  |
| 1988 | Avery Dennison Corporation<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 359828 |
|  | **COMMERCIAL SUPPORT SERVICES - 6.5%** |  |
| 3545 | AMN Healthcare Services, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 364497 |
| 4205 | Brink's Company (The) | &nbsp;&nbsp;&nbsp; 225851 |
| 9910 | Robert Half International, Inc. | &nbsp;&nbsp;&nbsp; 731655 |
| 3836 | TriNet Group, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 260081 |
|  |  | &nbsp;&nbsp; 1582084 |
|  | **CONTAINERS & PACKAGING - 3.1%** |  |
| 6641 | Berry Global Group, Inc. | &nbsp;&nbsp;&nbsp; 401316 |
| 4288 | Crown Holdings, Inc. | &nbsp;&nbsp;&nbsp; 352516 |
|  |  | &nbsp;&nbsp; 753832 |

---

---

| | | |
|:---|:---|:---|
| **EMPIRIC FUND** | **EMPIRIC FUND** | **EMPIRIC FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2022** | **December 31, 2022** | **December 31, 2022** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 95.5% (Continued)** |  |
|  | **ELECTRICAL EQUIPMENT - 2.6%** |  |
| 2529 | A O Smith Corporation<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; $144760 |
| 2433 | Chase Corporation | &nbsp;&nbsp;&nbsp; 209871 |
| 1677 | Generac Holdings, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 168807 |
| 437 | Hubbell, Inc.<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 102555 |
|  |  | &nbsp;&nbsp; 625993 |
|  | **ENGINEERING & CONSTRUCTION - 2.0%** |  |
| 3412 | Quanta Services, Inc.<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 486210 |
|  | **ENTERTAINMENT CONTENT - 0.6%** |  |
| 1384 | Take-Two Interactive Software, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 144116 |
|  | **GAMING REITS - 0.1%** |  |
| 397 | Gaming and Leisure Properties, Inc. | &nbsp;&nbsp;&nbsp; 20680 |
|  | **HEALTH CARE FACILITIES & SERVICES - 6.2%** |  |
| 435 | Chemed Corporation<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 222037 |
| 5044 | Henry Schein, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 402864 |
| 1511 | Medpace Holdings, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 320952 |
| 1705 | Molina Healthcare, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 563025 |
|  |  | &nbsp;&nbsp; 1508878 |
|  | **INDUSTRIAL SUPPORT SERVICES - 2.7%** |  |
| 1880 | United Rentals, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 668190 |
|  | **INSURANCE - 1.2%** |  |
| 2394 | Assurant, Inc.<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 299394 |
|  | **INTERNET MEDIA & SERVICES - 1.3%** |  |
| 5839 | Shutterstock, Inc.<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 307832 |
|  | **LEISURE FACILITIES & SERVICES - 3.8%** |  |
| 6036 | Dine Brands Global, Inc. | &nbsp;&nbsp;&nbsp; 389925 |
| 3100 | Jack in the Box, Inc. | &nbsp;&nbsp;&nbsp; 211513 |
| 1394 | Vail Resorts, Inc. | &nbsp;&nbsp;&nbsp; 332260 |
|  |  | &nbsp;&nbsp; 933698 |

---

---

| | | |
|:---|:---|:---|
| **EMPIRIC FUND** | **EMPIRIC FUND** | **EMPIRIC FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2022** | **December 31, 2022** | **December 31, 2022** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 95.5% (Continued)** |  |
|  | **LEISURE PRODUCTS - 2.5%** |  |
| 7460 | OneWater Marine, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $213356 |
| 3876 | Polaris, Inc. | &nbsp;&nbsp;&nbsp; 391476 |
|  |  | &nbsp;&nbsp; 604832 |
|  | **MACHINERY - 5.2%** |  |
| 5500 | Donaldson Company, Inc. | &nbsp;&nbsp;&nbsp; 323785 |
| 3496 | Lincoln Electric Holdings, Inc.<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 505137 |
| 3872 | Toro Company (The)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 438310 |
|  |  | &nbsp;&nbsp; 1267232 |
|  | **MEDICAL EQUIPMENT & DEVICES - 6.6%** |  |
| 8068 | Bruker Corporation<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 551448 |
| 6429 | Globus Medical, Inc., Class A<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 477482 |
| 1283 | QuidelOrtho Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 109915 |
| 7128 | Surmodics, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 243207 |
| 8412 | Vericel Corporation<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 221572 |
|  |  | &nbsp;&nbsp; 1603624 |
|  | **OIL & GAS PRODUCERS - 2.0%** |  |
| 3700 | Denbury, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 321974 |
| 640 | Murphy USA, Inc.<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 178906 |
|  |  | &nbsp;&nbsp; 500880 |
|  | **OIL & GAS SERVICES & EQUIPMENT - 1.2%** |  |
| 13862 | Core Laboratories N.V. | &nbsp;&nbsp;&nbsp; 280983 |
|  | **PUBLISHING & BROADCASTING - 0.4%** |  |
| 500 | Nexstar Media Group, Inc.<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 87515 |
|  | **RETAIL - CONSUMER STAPLES - 3.6%** |  |
| 6800 | BJ's Wholesale Club Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 449888 |
| 1935 | Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp; 434117 |
|  |  | &nbsp;&nbsp; 884005 |
|  | **RETAIL - DISCRETIONARY - 0.5%** |  |
| 1125 | Williams-Sonoma, Inc.<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 129285 |
|  | **SEMICONDUCTORS - 2.3%** |  |
| 1607 | Marvell Technology, Inc. | &nbsp;&nbsp;&nbsp; 59523 |

---

---

| | | |
|:---|:---|:---|
| **EMPIRIC FUND** | **EMPIRIC FUND** | **EMPIRIC FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2022** | **December 31, 2022** | **December 31, 2022** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 95.5% (Continued)** |  |
|  | **SEMICONDUCTORS - 2.3% (Continued)** |  |
| 5476 | Semtech Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $157106 |
| 4064 | Teradyne, Inc. | &nbsp;&nbsp;&nbsp; 354990 |
|  |  | &nbsp;&nbsp; 571619 |
|  | **SOFTWARE - 13.3%** |  |
| 13376 | Agilysys, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1058576 |
| 20375 | American Software, Inc., Class A | &nbsp;&nbsp;&nbsp; 299105 |
| 16206 | Calix, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1108976 |
| 8148 | CommVault Systems, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 512020 |
| 4186 | Envestnet, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 258276 |
| 37 | Omnicell, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 1866 |
|  |  | &nbsp;&nbsp; 3238819 |
|  | **SPECIALTY FINANCE - 1.6%** |  |
| 10318 | Fidelity National Financial, Inc.<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 388163 |
|  | **TECHNOLOGY HARDWARE - 3.1%** |  |
| 22201 | Extreme Networks, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 406500 |
| 20602 | Sonos, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 348174 |
|  |  | &nbsp;&nbsp; 754674 |
|  | **TECHNOLOGY SERVICES - 3.4%** |  |
| 2728 | Euronet Worldwide, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 257469 |
| 762 | Fair Isaac Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 456118 |
| 2807 | TTEC Holdings, Inc. | &nbsp;&nbsp;&nbsp; 123873 |
|  |  | &nbsp;&nbsp; 837460 |
|  | **TRANSPORTATION & LOGISTICS - 1.5%** |  |
| 225 | GXO Logistics, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 9605 |
| 2160 | Landstar System, Inc.<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 351864 |
| 225 | RXO, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 3870 |
| 225 | XPO Logistics, Inc.<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 7490 |
|  |  | &nbsp;&nbsp; 372829 |

---

---

| | | |
|:---|:---|:---|
| **EMPIRIC FUND** | **EMPIRIC FUND** | **EMPIRIC FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2022** | **December 31, 2022** | **December 31, 2022** |
|  | **TOTAL COMMON STOCKS (Cost $14,007,719)** | &nbsp;&nbsp; $23303965 |
|  | **SHORT-TERM INVESTMENTS — 31.8%** |  |
|  | **COLLATERAL FOR SECURITIES LOANED – 31.8%** |  |
| 7764427 | Mount Vernon Liquid Assets Portfolio, LLC, 4.49% (Cost $7,764,427)<sup>(c)(e)</sup> | &nbsp;&nbsp;&nbsp; 7764427 |
|  | **TOTAL INVESTMENTS – 127.3% (Cost $21,772,146)** | &nbsp;&nbsp;&nbsp; $31068392 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- (27.3)%** | &nbsp;&nbsp; (6671338) |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $24397054 |

---

---

| | |
|:---|:---|
| LLC | - Limited Liability Company |
| NV | - Naamioze Vennootschap |
| PLC | - Public Limited Company |
| REIT | - Real Estate Investment Trust |

---

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> Percentage rounds to less than 0.1%.

<sup>(c)</sup> Rate disclosed is the seven day effective yield as of December 31, 2022.

<sup>(d)</sup> All or a portion of the security is on loan. The total fair value of the securities on loan as of December 31, 2022 was $7,568,021.

<sup>(e)</sup> Security was purchased with cash received as collateral for securities on loan at December 31, 2022. Total Collateral had a value of $7,764,427 at December 31, 2022.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** MUTUAL FUND SERIES TRUST

- **b. Investment Company Act file number:** 811-21872

- **c. CIK number of Registrant:** 0001355064

- **d. LEI of Registrant:** 5493002ZGLQMLR4QMA96

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** C/O GEMINI FUND SERVICES LLC

  - **City:** ELKHORN

  - **State:** NE

  - **Foreign country:** US

  - **Zip / Postal Code:** 68022

  - **Telephone number:** 631-470-2600

**Item A.2. Information about the Series.**

- **a. Name of Series:** Empiric Fund

- **b. EDGAR series identifier (if any):** S000040322

- **c. LEI of Series:** 549300PDKDLLX37VCQ21

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $24461571.79

**Total Liabilities:** $64517.37

**Net Assets:** $24397054.42

**Cash Not Reported:** $1139713.58

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000125239 | 10.58%               | 5.10%                | -3.06%               |
| Class ID C000125240 | 10.51%               | 5.04%                | -3.12%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $2360346.95                                |
| Month 2  | $0.00                    | $1245054.93                                |
| Month 3  | $9.69                    | $-771005.48                                |

### Schedule of Portfolio Investments

| Name                                     | Title                                | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Vail Resorts, Inc.                       | VAIL RESORTS                         | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |      1394 | NS      | $332259.90    | 1.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Brinks Company                           | BRINK'S CO/THE                       | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |      4205 | NS      | $225850.55    | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Coca-Cola Consolidated Inc               | COCA-COLA CONSOL                     | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |      1307 | NS      | $669654.52    | 2.74%             |  |  |  | No            | 1                  | On Loan: No      |
| XPO Inc                                  | XPO INC                              | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |       225 | NS      | $7490.25      | 0.03%             |  |  |  | No            | 1                  | On Loan: —       |
| Chemed Corporation                       | CHEMED CORP                          | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |       435 | NS      | $222037.05    | 0.91%             |  |  |  | No            | 1                  | On Loan: —       |
| GXO Logistics Inc.                       | GXO LOGISTIC                         | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |       225 | NS      | $9605.25      | 0.04%             |  |  |  | No            | 1                  | On Loan: —       |
| Trinet Group Inc                         | TRINET GROUP INC                     | CUSIP: 896288107<br>LEI: 5299003FJVBETSFKE990 | Long             | EC               | CORP              | US        |      3836 | NS      | $260080.80    | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| F&G Annuities & Life Inc.                | F&G ANNUITIES-WI                     | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               | USGSE             | US        |       701 | NS      | $14027.01     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Surmodics Inc                            | SURMODICS INC                        | CUSIP: 868873100<br>LEI: 549300H76KXCAAGUS878 | Long             | EC               | CORP              | US        |      7128 | NS      | $243207.36    | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| The Interpublic Group of Companies, Inc. | INTERPUBLIC GRP                      | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |     19563 | NS      | $651643.53    | 2.67%             |  |  |  | No            | 1                  | On Loan: —       |
| Smith(Ao)Corp                            | SMITH (A.O.)CORP                     | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |      2529 | NS      | $144759.96    | 0.59%             |  |  |  | No            | 1                  | On Loan: —       |
| Teradyne Inc.                            | TERADYNE INC                         | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |      4064 | NS      | $354990.40    | 1.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Assurant Inc.                            | ASSURANT INC                         | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |      2394 | NS      | $299393.64    | 1.23%             |  |  |  | No            | 1                  | On Loan: —       |
| Halozyme Therapeutics Inc                | HALOZYME THERAPE                     | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      8166 | NS      | $464645.40    | 1.90%             |  |  |  | No            | 1                  | On Loan: —       |
| Denbury Inc                              | DENBURY INC                          | CUSIP: 24790A101<br>LEI: 549300KCWA5W52MS5559 | Long             | EC               | CORP              | US        |      3700 | NS      | $321974.00    | 1.32%             |  |  |  | No            | 1                  | On Loan: No      |
| The Toro Company                         | TORO CO                              | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |      3872 | NS      | $438310.40    | 1.80%             |  |  |  | No            | 1                  | On Loan: —       |
| Ares Management Corporation              | ARES MANAGEM- A                      | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |      7700 | NS      | $526988.00    | 2.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Landstar System Inc.                     | LANDSTAR SYSTEM                      | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |      2160 | NS      | $351864.00    | 1.44%             |  |  |  | No            | 1                  | On Loan: —       |
| Robert Half International Inc.           | ROBERT HALF INTL                     | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |      9910 | NS      | $731655.30    | 3.00%             |  |  |  | No            | 1                  | On Loan: No      |
| AMN Healthcare Services Inc              | AMN HEALTHCARE                       | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |      3545 | NS      | $364496.90    | 1.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Take-Two Interactive Software Inc.       | TAKE-TWO INTERAC                     | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      1384 | NS      | $144115.92    | 0.59%             |  |  |  | No            | 1                  | On Loan: —       |
| RXO Inc.                                 | RXO INC                              | CUSIP: 74982T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       225 | NS      | $3870.00      | 0.02%             |  |  |  | No            | 1                  | On Loan: —       |
| Onewater Marine Inc.                     | ONEWATER MARINE                      | CUSIP: 68280L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7460 | NS      | $213356.00    | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Carters Incorporation                    | CARTER'S INC                         | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |        32 | NS      | $2387.52      | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Williams-Sonoma Incorporation            | WILLIAMS-SONOMA                      | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      1125 | NS      | $129285.00    | 0.53%             |  |  |  | No            | 1                  | On Loan: —       |
| Murphy USA Inc.                          | MURPHY USA INC                       | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |       640 | NS      | $178905.60    | 0.73%             |  |  |  | No            | 1                  | On Loan: —       |
| Dine Brands Global Inc                   | DINE BRANDS GLOB                     | CUSIP: 254423106<br>LEI: 529900HKM8OWSHLKJY75 | Long             | EC               | CORP              | US        |      6036 | NS      | $389925.60    | 1.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Jack in the Box Inc.                     | JACK IN THE BOX                      | CUSIP: 466367109<br>LEI: 5493002OJW26P0SUUP68 | Long             | EC               | CORP              | US        |      3100 | NS      | $211513.00    | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Chase Corp(Mass)                         | CHASE CORP                           | CUSIP: 16150R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2433 | NS      | $209870.58    | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| Caseys Gen Stores                        | CASEY'S GENERAL                      | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      1935 | NS      | $434117.25    | 1.78%             |  |  |  | No            | 1                  | On Loan: No      |
| QuidelOrtho Corp                         | QUIDELORTHO CORP                     | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |      1283 | NS      | $109914.61    | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Bruker Corporation                       | BRUKER CORP                          | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |      8068 | NS      | $551447.80    | 2.26%             |  |  |  | No            | 1                  | On Loan: —       |
| Sonos Inc                                | SONOS INC                            | CUSIP: 83570H108<br>LEI: 549300WEPU6075I77M08 | Long             | EC               | CORP              | US        |     20602 | NS      | $348173.80    | 1.43%             |  |  |  | No            | 1                  | On Loan: —       |
| LPL Financial Holdings Inc.              | LPL FINANCIAL HO                     | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      4250 | NS      | $918722.50    | 3.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Polaris Incorporation                    | POLARIS INC                          | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |      3876 | NS      | $391476.00    | 1.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Extreme Networks Inc.                    | EXTREME NETWORKS                     | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |     22201 | NS      | $406500.31    | 1.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Euronet Worldwide, Inc.                  | EURONET WORLDWID                     | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |      2728 | NS      | $257468.64    | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| United Rentals, Inc.                     | UNITED RENTALS                       | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      1880 | NS      | $668189.60    | 2.74%             |  |  |  | No            | 1                  | On Loan: —       |
| Quanta Services, Inc.                    | QUANTA SERVICES                      | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      3412 | NS      | $486210.00    | 1.99%             |  |  |  | No            | 1                  | On Loan: —       |
| Agilysys Inc                             | AGILYSYS INC                         | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |     13376 | NS      | $1058576.64   | 4.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Aerojet Rocketdyne Holdings Inc.         | AEROJET ROCKETDY                     | CUSIP: 007800105<br>LEI: 549300VULNLWHE8QWI76 | Long             | EC               | CORP              | US        |      6529 | NS      | $365166.97    | 1.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Globus Med Inc                           | GLOBUS MEDICAL I                     | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |      6429 | NS      | $477481.83    | 1.96%             |  |  |  | No            | 1                  | On Loan: —       |
| Avery Dennison Corporation               | AVERY DENNISON                       | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      1988 | NS      | $359828.00    | 1.47%             |  |  |  | No            | 1                  | On Loan: —       |
| Fair Isaac Corporation                   | FAIR ISAAC CORP                      | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |       762 | NS      | $456117.96    | 1.87%             |  |  |  | No            | 1                  | On Loan: No      |
| American Software Inc.                   | AMER SOFTWARE-A                      | CUSIP: 029683109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20375 | NS      | $299105.00    | 1.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Donaldson Co Inc                         | DONALDSON CO INC                     | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |      5500 | NS      | $323785.00    | 1.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Commvault Systems Inc.                   | COMMVAULT SYSTEM                     | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |      8148 | NS      | $512020.32    | 2.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Henry Schein, Inc.                       | HENRY SCHEIN INC                     | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |      5044 | NS      | $402864.28    | 1.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Omnicell Inc                             | OMNICELL INC                         | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |        37 | NS      | $1865.54      | 0.01%             |  |  |  | No            | 1                  | On Loan: —       |
| TTEC Holdings Inc.                       | TTEC HOLDINGS IN                     | CUSIP: 89854H102<br>LEI: GTJS1N8S8I28A7L4WG97 | Long             | EC               | CORP              | US        |      2807 | NS      | $123872.91    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Core Laboratories                        | CORE LABS NV                         | CUSIP: N22717107<br>LEI: 724500MDYY5VBSAF5W50 | Long             | EC               | CORP              | NL        |     13862 | NS      | $280982.74    | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Generac Holdings Inc.                    | GENERAC HOLDINGS                     | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |      1677 | NS      | $168806.82    | 0.69%             |  |  |  | No            | 1                  | On Loan: —       |
| Calix Networks Inc                       | CALIX INC                            | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |     16206 | NS      | $1108976.58   | 4.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Berry Global Group Inc                   | BERRY GLOBAL GRO                     | CUSIP: 08579W103<br>LEI: 549300G6KKUMMXM8NH73 | Long             | EC               | CORP              | US        |      6641 | NS      | $401315.63    | 1.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Marvell Technology Inc                   | MARVELL TECHNOLO                     | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1607 | NS      | $59523.28     | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Molina Healthcare, Inc.                  | MOLINA HEALTHCAR                     | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |      1705 | NS      | $563025.10    | 2.31%             |  |  |  | No            | 1                  | On Loan: —       |
| Horizon Therapeutics PLC                 | HORIZON THERAPEU                     | CUSIP: G46188101<br>LEI: 529900P0GSQ79OOZEV53 | Long             | EC               | CORP              | IE        |      4201 | NS      | $478073.80    | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Vericel Corporation                      | VERICEL CORP                         | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Long             | EC               | CORP              | US        |      8412 | NS      | $221572.08    | 0.91%             |  |  |  | No            | 1                  | On Loan: —       |
| BJ Wholesale Club Holdings Inc           | BJ'S WHOLESALE C                     | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      6800 | NS      | $449888.00    | 1.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Hubbell Incorporated                     | HUBBELL INC                          | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |       437 | NS      | $102555.16    | 0.42%             |  |  |  | No            | 1                  | On Loan: —       |
| N/A                                      | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Gaming and Leisure Properties Inc        | GAMING AND LEISU                     | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |       397 | NS      | $20679.73     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Semtech Corporation                      | SEMTECH CORP                         | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |      5476 | NS      | $157106.44    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Lincoln Electric Holdings Inc.           | LINCOLN ELECTRIC                     | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      3496 | NS      | $505137.04    | 2.07%             |  |  |  | No            | 1                  | On Loan: —       |
| Crown Holdings Inc                       | CROWN HOLDINGS I                     | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      4288 | NS      | $352516.48    | 1.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Medpace Holdings Inc.                    | MEDPACE HOLDINGS                     | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |      1511 | NS      | $320951.51    | 1.32%             |  |  |  | No            | 1                  | On Loan: —       |
| Fidelity National Financial, Inc.        | FIDELITY NATIONA                     | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     10318 | NS      | $388163.16    | 1.59%             |  |  |  | No            | 1                  | On Loan: —       |
| Envestnet Inc                            | ENVESTNET INC                        | CUSIP: 29404K106<br>LEI: 549300HLWZ5OKIDM8737 | Long             | EC               | CORP              | US        |      4186 | NS      | $258276.20    | 1.06%             |  |  |  | No            | 1                  | On Loan: —       |
| Nexstar Media Group Inc                  | NEXSTAR MEDIA                        | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |       500 | NS      | $87515.00     | 0.36%             |  |  |  | No            | 1                  | On Loan: —       |
| Shutterstock Inc                         | SHUTTERSTOCK INC                     | CUSIP: 825690100<br>LEI: 529900G2TDIS56V0LO22 | Long             | EC               | CORP              | US        |      5839 | NS      | $307832.08    | 1.26%             |  |  |  | No            | 1                  | On Loan: —       |

### Signature

**Date Signed:** 2023-01-27

**Name of Applicant:** MUTUAL FUND SERIES TRUST

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer