# EDGAR Filing Document

**Accession Number:** 0001355064
**File Stem:** 0001580642-26-001769
**Filing Date:** 2026-3
**Character Count:** 6000
**Document Hash:** 2a3a0819d97cd84a4b410b3ce0e9a1dc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-26-001769.hdr.sgml**: 20260312

**ACCESSION NUMBER**: 0001580642-26-001769

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260312

**DATE AS OF CHANGE**: 20260312

**EFFECTIVENESS DATE**: 20260312

**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:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-132541
- **FILM NUMBER:** 26746659

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

---

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

---

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

---

## 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           |

### 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           |

![](image_001.jpg)

**MUTUAL FUND SERIES TRUST**

---

| |
|:---|
| &nbsp;&nbsp; **Catalyst/SMH High Income Fund**<br> Class A: HIIFX Class C: HIICX Class I: HIIIX |
| &nbsp;&nbsp; **Catalyst/SMH Total Return Income Fund**<br> Class A: TRIFX Class C: TRICX Class I: TRIIX |

---

(the "Funds")

**March 12, 2026**

 ****

***The information in this Supplement amends certain information contained in the currently effective Prospectus for the Funds, dated November 1, 2025, supplemented on January 27, 2026, and should be read in conjunction with such Prospectus.***

____________________________________________________________________

**The last sentence of the second paragraph under the section of the Fund's Prospectus entitled "MANAGEMENT OF THE FUNDS - Sub-Advisor: Catalyst/SMH High Income Fund and Catalyst/SMH Total Return Income Fund" is hereby replaced with the following:**

As compensation for the sub-advisory services it provides to the Funds, the Advisor pays SMHCA 40% of the management fees that the Advisor receives from each Fund.

\* \* \* \* \*

***You should read this Supplement in conjunction with the Prospectus, the Summary Prospectus for your Fund, and the Statement of Additional Information for the Funds, each dated November 1, 2025, as supplemented, which provide information that you should know about the Funds before investing. These documents are available upon request and without charge by calling the Funds toll-free at 1-866-447-4228 or by writing to Catalyst Funds, c/o Ultimus Fund Solutions, LLC, 225 Pictoria Dr, Suite 450, Cincinnati, OH 45246.***

 ****

**Please retain this Supplement for future reference**.

![](image_002.jpg)

**MUTUAL FUND SERIES TRUST**

---

| |
|:---|
| &nbsp;&nbsp; **Catalyst/SMH High Income Fund**<br> Class A: HIIFX Class C: HIICX Class I: HIIIX |
| &nbsp;&nbsp; **Catalyst/SMH Total Return Income Fund**<br> Class A: TRIFX Class C: TRICX Class I: TRIIX |

---

(the "Funds")

**March 12, 2026**

***This information supplements certain information contained in the Statement of Additional Information ("SAI") for the Funds, dated November 1, 2025****.*

______________________________________________________________________________

**The following information replaces the first sentence of the second paragraph under the section of the Funds' SAI entitled "ADVISOR AND SUB-ADVISORS - Sub-Investment Advisor – High Income Fund and Total Return Income Fund":**

As compensation for the sub-advisory services it provides to the Funds, the Advisor pays SMHCA 40% of the net advisory fees earned by the Advisor from each Fund.

\* \* \* \* \*

***You should read this Supplement in conjunction with the Prospectus, the Summary Prospectus for your Fund, and the Statement of Additional Information for the Funds, each dated November 1, 2025, as supplemented, which provide information that you should know about the Funds before investing. These documents are available upon request and without charge by calling the Funds toll-free at 1-866-447-4228 or by writing to Catalyst Funds, c/o Ultimus Fund Solutions, LLC, 225 Pictoria Dr, Suite 450, Cincinnati, OH 45246.***

 ****

**Please retain this Supplement for future reference**.