Mutual Fund Series Trust has filed a new summary prospectus for its Catalyst/CIFC Senior Secured Income Fund, marking a significant step in enhancing investor transparency. This update, filed on November 4, 2026, outlines the fund's investment objectives, strategies, and fee structure, which are crucial for potential investors considering their options in the competitive investment landscape.

The Catalyst/CIFC Senior Secured Income Fund aims to provide current income by investing primarily in senior secured corporate loans. These loans are typically rated below investment grade and are considered speculative investments. The fund's strategy focuses on floating rate loans, which are expected to bear interest based on the Secured Overnight Financing Rate (SOFR) or other alternative reference rates.

Background

Mutual Fund Series Trust, based in Elkhorn, Nebraska, is an investment company incorporated in Ohio. The trust has a history of managing various investment funds, including the Catalyst/CIFC Senior Secured Income Fund, which is designed to meet the income needs of its investors. The trust operates under the SEC Act of 1933 and has filed multiple forms, including the recent 497K, which was filed on November 4, 2026, with accession number 0001580642-26-007433.

What the Filing Says

The recent filing includes a summary prospectus detailing the investment objective of the Catalyst/CIFC Senior Secured Income Fund: "The Fund’s investment objective is current income." It also outlines the fees and expenses associated with investing in the fund, including maximum sales charges and annual operating expenses.

Impact

This update may affect current and potential investors in the fund as they evaluate their options in the investment market. The clear articulation of fees and investment strategies may enhance investor confidence and attract new capital. Additionally, the focus on senior secured loans positions the fund to appeal to those seeking income in a fluctuating interest rate environment.

What's Next

The filing does not say what happens next. Investors and stakeholders will likely await further updates from Mutual Fund Series Trust regarding the performance of the Catalyst/CIFC Senior Secured Income Fund and any additional filings that may provide further insights into its operations.