# EDGAR Filing Document

**Accession Number:** 0001355064
**File Stem:** 0000910472-26-003095
**Filing Date:** 2026-2
**Character Count:** 23498
**Document Hash:** c04c080478ae3e8c5461d650dfe79220
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003095.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000910472-26-003095

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MUTUAL FUND SERIES TRUST
- **CENTRAL INDEX KEY:** 0001355064

**ORGANIZATION NAME:**
- **EIN:** 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:** 26692983

**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

### Catalyst/SMH Total Return Income Fund (Series ID: S000022378)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000064377 | Catalyst/SMH Total Return Income Fund Class A | TRIFX           |
| C000064378 | Catalyst/SMH Total Return Income Fund Class C | TRICX           |
| C000128970 | Catalyst/SMH Total Return Income Fund Class I | TRIIX           |

## 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:** Catalyst/SMH Total Return Income Fund

- **b. EDGAR series identifier (if any):** S000022378

- **c. LEI of Series:** 549300LY1SM561GCNG33

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $19841354.86

**Total Liabilities:** $351527.66

**Net Assets:** $19489827.20

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 9.23626300 | **1-Year:** 509.49136900 | **5-Year:** 1224.57205800 | **10-Year:** 788.95229600 | **30-Year:** 247.93251800

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000064377 | -1.64%               | -0.13%               | -0.77%               |
| Class ID C000064378 | -1.71%               | 0.02%                | -1.06%               |
| Class ID C000128970 | -1.63%               | -0.12%               | -0.75%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $630297.51               | $-980815.97                                |
| Month 2  | $-159927.08              | $71745.13                                  |
| Month 3  | $-83706.36               | $-239964.29                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Advanced Flower Capital Inc.                                    | ADVANCED FLOWER                      | CUSIP: 00109K105<br>LEI: 5493005G0MGS3E0E7218 | Long             | EC               | CORP              | US        |     26000 | NS      | $74100.00     | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Apld Computeco LLC                                              | APLD 9 1/4 12/15/30                  | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $245870.33    | 1.26%             | 2030-12-15      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| American Tower Corporation                                      | AMERICAN TOWER C                     | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      1200 | NS      | $210684.00    | 1.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Apollo Global Management Inc                                    | APOLLO GLOBAL MA                     | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |      1000 | NS      | $144760.00    | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Ares Capital Corp.                                              | ARES CAPITAL COR                     | CUSIP: 04010L103<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | EC               | RF                | US        |      3500 | NS      | $70805.00     | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Bed Bath & Beyond Inc.                                          | BBBY 5.165 08/01/44                  | CUSIP: 075896AC4<br>LEI: 549300ACR0DL9U7EI710 | Long             | DBT              | CORP              | US        |    373000 | PA      | $5408.22      | 0.03%             | 2044-08-01      | Fixed         | 5.17%                 | No            | 2                  | On Loan: No      |
| Bigbear Ai Holdings Incorporated                                | BBAI 6 12/15/29                      | CUSIP: 08975BAC3<br>LEI: 549300XGCF2ELN28CS63 | Long             | DBT              | CORP              | US        |    300000 | PA      | $504111.00    | 2.59%             | 2029-12-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Blue Owl Capital Inc                                            | BLUE OWL CAPITAL                     | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39034 | NS      | $583167.96    | 2.99%             |  |  |  | No            | 1                  | On Loan: —       |
| Capital Southwest Corporation                                   | CAPITAL SOUTHWEST CORP               | CUSIP: 140501107<br>LEI: 54930023YZ4YEJEDBO56 | Long             | EC               | RF                | US        |     49000 | NS      | $1085350.00   | 5.57%             |  |  |  | No            | 1                  | On Loan: —       |
| Carlyle Group Inc                                               | CARLYLE GROUP IN                     | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |     11000 | NS      | $650210.00    | 3.34%             |  |  |  | No            | 1                  | On Loan: —       |
| Carvana Co                                                      | CVNA 14 06/01/31                     | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     40017 | PA      | $45183.55     | 0.23%             | 2031-06-01      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Civitas Resources Inc                                           | CIVITAS RESOURCE                     | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |     23298 | NS      | $631142.82    | 3.24%             |  |  |  | No            | 1                  | On Loan: —       |
| CoreWeave Inc.                                                  | CRWV 9 02/01/31                      | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    250000 | PA      | $229442.50    | 1.18%             | 2031-02-01      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Crescent Capital BDC, Inc.                                      | CRESCENT CAPITAL                     | CUSIP: 225655109<br>LEI: 549300VPIZMU6OEE0V68 | Long             | EC               | RF                | US        |      4900 | NS      | $68845.00     | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Dick's Sporting Goods, Inc.                                     | DICK'S SPORTING                      | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |      1000 | NS      | $197970.00    | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| ENERGY CONVERSION DEV                                           | ENERGY CONVERSION DEV                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   5543000 | PA      | $0.00         | 0.00%             | 2049-12-15      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| Extra Space Storage Inc.                                        | EXTRA SPACE STOR                     | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |       600 | NS      | $78132.00     | 0.40%             |  |  |  | No            | 1                  | On Loan: —       |
| EZCORP Inc.                                                     | EZPW 3 3/4 12/15/29                  | CUSIP: 302301AG1<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $279075.00    | 1.43%             | 2029-12-15      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| First American Funds Inc.                                       | FIRST AM-TR OB-X                     | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    502693 | PA      | $502692.78    | 2.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Ford Motor Company                                              | FORD MOTOR CO                        | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |      6200 | NS      | $81344.00     | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Full House Resorts Inc.                                         | FLL 8 1/4 02/15/28                   | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |    500000 | PA      | $436250.00    | 2.24%             | 2028-02-15      | Fixed         | 8.25%                 | Yes           | 2                  | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc                       | HA SUSTAINABLE I                     | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |      2947 | NS      | $92624.21     | 0.48%             |  |  |  | No            | 1                  | On Loan: —       |
| Hercules Capital Inc                                            | HERCULES CAPITAL                     | CUSIP: 427096508<br>LEI: 549300UJ5OC256GR2B73 | Long             | EC               | RF                | US        |     40565 | NS      | $763433.30    | 3.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Hertz Corp.                                                     | HTZ 12 5/8 07/15/29                  | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1766103.50   | 9.06%             | 2029-07-15      | Fixed         | 12.62%                | Yes           | 2                  | On Loan: No      |
| HighPeak Energy Inc                                             | HIGHPEAK ENERGY                      | CUSIP: 43114Q105<br>LEI: 549300J4RNCV140DUY76 | Long             | EC               | CORP              | US        |     40000 | NS      | $189600.00    | 0.97%             |  |  |  | No            | 1                  | On Loan: —       |
| Hims & Hers Health Inc                                          | HIMHER 0 05/15/30                    | CUSIP: 433000AA4<br>LEI: 254900V041EIVTSB6D58 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172900.00    | 0.89%             | 2030-05-15      | Fixed         | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation | IEP 10 11/15/29                      | CUSIP: 451102CK1<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250136.18    | 1.28%             | 2029-11-15      | Fixed         | 10.00%                | Yes           | 2                  | On Loan: No      |
| Innovative Industrial Propertes Inc                             | INNOVATIVE INDUS                     | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |      4890 | NS      | $231590.40    | 1.19%             |  |  |  | No            | 1                  | On Loan: —       |
| Kohl's Corp.                                                    | KSS 5.55 07/17/45                    | CUSIP: 500255AV6<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    528000 | PA      | $376605.56    | 1.93%             | 2045-07-17      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| Lyft Inc                                                        | LYFT 0 09/15/30                      | CUSIP: 55087PAE4<br>LEI: 549300H7I5VN334XVZ52 | Long             | DBT              | CORP              | US        |    850000 | PA      | $963050.00    | 4.94%             | 2030-09-15      | Fixed         | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Main Street Capital Corp.                                       | MAIN STREET CAPI                     | CUSIP: 56035L104<br>LEI: 5493001FS9QJLJNF3E20 | Long             | EC               | RF                | US        |     12128 | NS      | $732409.92    | 3.76%             |  |  |  | No            | 1                  | On Loan: —       |
| Nebius Group N.V.                                               | NBIS 2 3/4 09/15/32                  | CUSIP: 63954QAF3<br>LEI: 549300GGZHJ5Q1B18P93 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $287850.00    | 1.48%             | 2032-09-15      | Fixed         | 2.75%                 | Yes           | 2                  | On Loan: No      |
| Rithm Capital Corp.                                             | RITHM CAPITAL CO                     | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |     24106 | NS      | $262755.40    | 1.35%             |  |  |  | No            | 1                  | On Loan: No      |
| NexPoint Diversified Real Estate Trust                          | NEXPOINT DIVERSI                     | CUSIP: 65340G205<br>LEI: 5493008KGR2NU3OXMR64 | Long             | EC               | CORP              | US        |     33630 | NS      | $128802.90    | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Nine Energy Service Inc                                         | NINE 13 02/01/28                     | CUSIP: 65441VAE1<br>LEI: 549300KRLJCZBPZMKT65 | Long             | DBT              | CORP              | US        |    250000 | PA      | $76238.75     | 0.39%             | 2028-02-01      | Fixed         | 13.00%                | No            | 2                  | On Loan: No      |
| Odeon Finco PLC                                                 | AMC 12 3/4 11/01/27                  | CUSIP: 67585LAA3<br>LEI: 9845003ECF9901CC5382 | Long             | DBT              | CORP              | GB        |    515000 | PA      | $531380.61    | 2.73%             | 2027-11-01      | Fixed         | 12.75%                | Yes           | 2                  | On Loan: No      |
| OneMain Holdings Inc.                                           | ONEMAIN HOLDINGS                     | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |      1600 | NS      | $108080.00    | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Pagaya US Holding Co. LLC                                       | PGY 8 7/8 08/01/30                   | CUSIP: 69549FAC3<br>LEI: 254900M9VGE3HM0OYH17 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $962505.95    | 4.94%             | 2030-08-01      | Fixed         | 8.88%                 | Yes           | 2                  | On Loan: No      |
| Prospect Capital Corp.                                          | PROSPECT CAPITAL                     | CUSIP: 74348T102<br>LEI: 549300FSD8T39P5Q0O47 | Long             | EC               | RF                | US        |    200742 | NS      | $519921.78    | 2.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Realty Income Corporation                                       | REALTY INCOME                        | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |      5000 | NS      | $281850.00    | 1.45%             |  |  |  | No            | 1                  | On Loan: —       |
| Riot Platforms Inc                                              | RIOT 0 3/4 01/15/30                  | CUSIP: 767292AA3<br>LEI: 5299005LKZAJQDQZDF73 | Long             | DBT              | CORP              | US        |    550000 | PA      | $623562.50    | 3.20%             | 2030-01-15      | Fixed         | 0.75%                 | Yes           | 2                  | On Loan: No      |
| Suro Capital Corp                                               | SURO CAPITAL COR                     | CUSIP: 86887Q109<br>LEI: 549300YR4IAV0VJFWN84 | Long             | EC               | RF                | US        |     42466 | NS      | $400879.04    | 2.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Carlyle Secured Lending Inc                                     | CARLYLE SEC LENDING, INC.            | CUSIP: 872280102<br>LEI: 5493003POT0JT6WD1D83 | Long             | EC               | RF                | US        |      7087 | NS      | $88516.63     | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| TPG Inc                                                         | TPG INC                              | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |      3400 | NS      | $217056.00    | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Transocean International Ltd.                                   | RIG 6.8 03/15/38                     | CUSIP: 893830AT6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |    953000 | PA      | $819990.90    | 4.21%             | 2038-03-15      | Fixed         | 6.80%                 | No            | 2                  | On Loan: No      |
| Trinity Capital Inc.                                            | TRINITY CAPITAL                      | CUSIP: 896442308<br>LEI: 549300YGT4SBRQYDVU48 | Long             | EC               | RF                | US        |     70337 | NS      | $1030437.05   | 5.29%             |  |  |  | No            | 1                  | On Loan: —       |
| Unisys Corp.                                                    | UIS 10 5/8 01/15/31                  | CUSIP: 909214BX5<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153795.75    | 0.79%             | 2031-01-15      | Fixed         | 10.62%                | Yes           | 2                  | On Loan: No      |
| Univision Communications Inc.                                   | UVN 9 3/8 08/01/32                   | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $161269.50    | 0.83%             | 2032-08-01      | Fixed         | 9.38%                 | Yes           | 2                  | On Loan: No      |
| Vici Properties Inc                                             | VICI PROPERTIES                      | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     37475 | NS      | $1053797.00   | 5.41%             |  |  |  | No            | 1                  | On Loan: No      |
| 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      |
| Copa Holdings SA                                                | COPA HOLDIN-CL A                     | CUSIP: P31076105<br>LEI: 529900BB9UQJV6QQHA59 | Long             | EC               | CORP              | PA        |       700 | NS      | $84427.00     | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-01-28

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

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer