# EDGAR Filing Document

**Accession Number:** 0001355064
**File Stem:** 0000910472-25-000340
**Filing Date:** 2025-8
**Character Count:** 17523
**Document Hash:** ea6b98840a42d611b62e1d7203a11b0e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-000340.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0000910472-25-000340

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20250630

**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:** 251269085

**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 High Income Fund (Series ID: S000022377)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000064375 | Catalyst/SMH High Income Fund Class A | HIIFX           |
| C000064376 | Catalyst/SMH High Income Fund Class C | HIICX           |
| C000128969 | Catalyst/SMH High Income Fund Class I | HIIIX           |

## 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 High Income Fund

- **b. EDGAR series identifier (if any):** S000022377

- **c. LEI of Series:** 549300BKZQLS70BP3670

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

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $16001143.59

**Total Liabilities:** $48713.67

**Net Assets:** $15952429.92

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 28.03478100 | **5-Year:** 151.60914900 | **10-Year:** 86.71829100 | **30-Year:** 99.74135400

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

- **3-Month:** 26.37650600 | **1-Year:** 770.73620200 | **5-Year:** 1284.69262300 | **10-Year:** 1404.12576700 | **30-Year:** 646.40758600

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000064375 | -2.02%               | 2.55%                | 5.25%                |
| Class ID C000128969 | -2.00%               | 2.57%                | 5.27%                |
| Class ID C000064376 | -2.08%               | 2.47%                | 5.17%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-379890.65                                |
| Month 2  | $0.00                    | $294030.95                                 |
| Month 3  | $187500.00               | $530236.25                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Unisys Corp.                                                    | UIS 10 5/8 01/15/31   | CUSIP: 909214BX5<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155170.11    | 0.97%             | 2031-01-15      | Fixed         | 10.62%                | Yes           |                  2 | On Loan: No      |
| Office Properties Income Trust                                  | OPI 9 09/30/29        | CUSIP: 67623CAJ8<br>LEI: 529900A38AW14ELBTL34 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $720150.00    | 4.51%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                      | OXY 6.6 03/15/46      | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172599.70    | 1.08%             | 2046-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Nine Energy Service Inc                                         | NINE 13 02/01/28      | CUSIP: 65441VAE1<br>LEI: 549300KRLJCZBPZMKT65 | Long             | DBT              | CORP              | US        |    200000 | PA      | $102333.00    | 0.64%             | 2028-02-01      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| CleanSpark Inc.                                                 | CLSK 0 06/15/30       | CUSIP: 18452BAA8<br>LEI: 254900VO7KBRJQDGY810 | Long             | DBT              | CORP              | US        |    550000 | PA      | $541014.02    | 3.39%             | 2030-06-15      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Transocean Inc.                                                 | RIG 6.8 03/15/38      | CUSIP: 893830AT6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |    517000 | PA      | $363968.20    | 2.28%             | 2038-03-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| FAT Brands Inc                                                  | FAT 8 1/4             | CUSIP: 30258N501<br>LEI: 549300TZCVF3UHX37729 | Long             | EP               | CORP              | US        |      4371 | NS      | $10708.95     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP Inc.                                                     | EZPW 3 3/4 12/15/29   | CUSIP: 302301AG1<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |    400000 | PA      | $581500.00    | 3.65%             | 2029-12-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| SPDR Series Trust                                               | SPDR PORT HY BD       | CUSIP: 78468R606<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     32000 | NS      | $761600.00    | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                                                      | CVNA 14 06/01/31      | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    457960 | PA      | $543090.64    | 3.40%             | 2031-06-01      | Fixed         | 14.00%                | Yes           |                  2 | On Loan: No      |
| Central Garden & Pet Company                                    | CENT 4 1/8 10/15/30   | CUSIP: 153527AN6<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141725.90    | 0.89%             | 2030-10-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| 20230930-DK-Butterfly-1 Inc.                                    | BBBY 5.165 08/01/44   | CUSIP: 075896AC4<br>LEI: 529900ZBUWWUV7BKGX39 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $26261.07     | 0.16%             | 2044-08-01      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| WisdomTree, Inc.                                                | WT 5 3/4 08/15/28     | CUSIP: 97717PAF1<br>LEI: 549300WIU8IS7UFO7871 | Long             | DBT              | CORP              | US        |    500000 | PA      | $658750.00    | 4.13%             | 2028-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States Steel Corporation                                 | X 6.65 06/01/37       | CUSIP: 912909AD0<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | CORP              | US        |    653000 | PA      | $695885.78    | 4.36%             | 2037-06-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Kohl's Corp.                                                    | KSS 5.55 07/17/45     | CUSIP: 500255AV6<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |   1283000 | PA      | $686567.43    | 4.30%             | 2045-07-17      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation | IEP 5 1/4 05/15/27    | CUSIP: 451102BZ9<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |    350000 | PA      | $339379.81    | 2.13%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Riot Platforms Inc                                              | RIOT 0 3/4 01/15/30   | CUSIP: 767292AA3<br>LEI: 5299005LKZAJQDQZDF73 | Long             | DBT              | CORP              | US        |    550000 | PA      | $572000.00    | 3.59%             | 2030-01-15      | Fixed         | 0.75%                 | Yes           |                  2 | On Loan: No      |
| Hertz Corp.                                                     | HTZ 12 5/8 07/15/29   | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    500000 | PA      | $523198.00    | 3.28%             | 2029-07-15      | Fixed         | 12.62%                | Yes           |                  2 | On Loan: No      |
| Capital Southwest Corporation                                   | CSWC 5 1/8 11/15/29   | CUSIP: 140501AE7<br>LEI: 54930023YZ4YEJEDBO56 | Long             | DBT              | RF                | US        |    887000 | PA      | $876466.88    | 5.49%             | 2029-11-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Nordstrom, Inc.                                                 | JWN 5 01/15/44        | CUSIP: 655664AR1<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    825000 | PA      | $575980.93    | 3.61%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Enova International Inc.                                        | ENVA 9 1/8 08/01/29   | CUSIP: 29357KAK9<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |    500000 | PA      | $526748.00    | 3.30%             | 2029-08-01      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| First American Funds Inc.                                       | FIRST AM-TR OB-X      | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   1006623 | PA      | $1006622.73   | 6.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Company                                            | HL 7 1/4 02/15/28     | CUSIP: 422704AH9<br>LEI: 5493009Y6HOBZD1QD537 | Long             | DBT              | CORP              | US        |    300000 | PA      | $302565.30    | 1.90%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Tutor Perini Corporation                                        | TPC 11 7/8 04/30/29   | CUSIP: 901109AG3<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | DBT              | CORP              | US        |    145000 | PA      | $163328.29    | 1.02%             | 2029-04-30      | Fixed         | 11.88%                | Yes           |                  2 | On Loan: No      |
| Odeon Finco PLC                                                 | AMC 12 3/4 11/01/27   | CUSIP: 67585LAA3<br>LEI: 9845003ECF9901CC5382 | Long             | DBT              | CORP              | GB        |    550000 | PA      | $575185.60    | 3.61%             | 2027-11-01      | Fixed         | 12.75%                | Yes           |                  2 | On Loan: No      |
| Coeur Mining Inc                                                | CDE 5 1/8 02/15/29    | CUSIP: 192108BC1<br>LEI: 5493003AVK173D48DR70 | Long             | DBT              | CORP              | US        |    865000 | PA      | $843983.79    | 5.29%             | 2029-02-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Mara Holdings Inc                                               | MARA 0 06/01/31       | CUSIP: 565788AG1<br>LEI: 549300M8ISKPTX2W7F94 | Long             | DBT              | CORP              | US        |    500000 | PA      | $430250.00    | 2.70%             | 2031-06-01      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| ENERGY CONVERSION DEV                                           | ENERGY CONVERSION DEV | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   8669000 | PA      | $0.00         | 0.00%             | 2049-12-15      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| Upbound Group Inc                                               | UPBD 6 3/8 02/15/29   | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295391.07    | 1.85%             | 2029-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | 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      | $486251.75    | 3.05%             | 2028-02-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Mercer International Inc.                                       | MERC 5 1/8 02/01/29   | CUSIP: 588056BB6<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |    350000 | PA      | $284671.77    | 1.78%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                 | GTN 10 1/2 07/15/29   | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    250000 | PA      | $268623.75    | 1.68%             | 2029-07-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corporation          | MPW 5 10/15/27        | CUSIP: 55342UAH7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $924395.90    | 5.79%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMC Networks Inc                                                | AMCX 10 1/4 01/15/29  | CUSIP: 00164VAG8<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    478000 | PA      | $496897.73    | 3.11%             | 2029-01-15      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-28

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

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer