{
  "page": "compare",
  "query": {
    "a": "HIIIX",
    "b": "ARBOX"
  },
  "retrieved_at": "2026-07-07T13:16:35+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Catalyst/SMH High Income Fund",
    "ticker": "HIIIX",
    "slug": "HIIIX",
    "series_id": "S000022377",
    "html_url": "https://fundwatcher.app/funds/HIIIX/"
  },
  "fund_b": {
    "name": "ABSOLUTE CONVERTIBLE ARBITRAGE FUND",
    "ticker": "ARBOX",
    "slug": "ARBOX",
    "series_id": "S000081739",
    "html_url": "https://fundwatcher.app/funds/ARBOX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.07240233350982255166205936696",
    "coverage_b_by_a": "0.07240233350982255166205936696",
    "shared_count": 6,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "FIRST AM-TR OB-X",
        "value": "6538877.93",
        "weight": "0.05649627",
        "shared": true
      },
      {
        "name": "AMCX 10.5 07/15/32 144A",
        "value": "6058677.96",
        "weight": "0.05234731",
        "shared": false
      },
      {
        "name": "Icahn Enterprises LP / Icahn Enterprises Finance Corp",
        "value": "5918360.04",
        "weight": "0.05113496",
        "shared": false
      },
      {
        "name": "CoreWeave, Inc.",
        "value": "5861489.68",
        "weight": "0.05064360",
        "shared": false
      },
      {
        "name": "1261229 BC Ltd",
        "value": "5628565.64",
        "weight": "0.04863112",
        "shared": false
      },
      {
        "name": "NICKEL INDUSTRIES LTD 9% 09/30/2030 144A",
        "value": "4759112.31",
        "weight": "0.04111899",
        "shared": false
      },
      {
        "name": "LVLT 8.5 01/15/36 144A",
        "value": "4698719.10",
        "weight": "0.04059719",
        "shared": false
      },
      {
        "name": "HTZ 12 5/8 07/15/29",
        "value": "4582225.73",
        "weight": "0.03959068",
        "shared": false
      },
      {
        "name": "GETTY IMAGES INC SR SECURED 144A 11/30 10.5",
        "value": "4488912.50",
        "weight": "0.03878445",
        "shared": false
      },
      {
        "name": "ATLC 9 3/4 09/01/30",
        "value": "4267937.70",
        "weight": "0.03687522",
        "shared": false
      },
      {
        "name": "NEBIUS GROUP NV CONV 2.75% 09/15/2032 144A",
        "value": "4186000.00",
        "weight": "0.03616727",
        "shared": true
      },
      {
        "name": "PGY 8.875 08/01/30",
        "value": "4123725.78",
        "weight": "0.03562922",
        "shared": false
      },
      {
        "name": "ARBOR REALTY SR INC REGD 144A P/P 8.50000000",
        "value": "4029771.26",
        "weight": "0.03481745",
        "shared": false
      },
      {
        "name": "Six Flags Entertainment Corp.'s Wonderland Co./Millennium Operations LLC",
        "value": "4012134.64",
        "weight": "0.03466507",
        "shared": false
      },
      {
        "name": "MPW 3 1/2 03/15/31",
        "value": "3914684.46",
        "weight": "0.03382309",
        "shared": false
      },
      {
        "name": "APLD COMPUTECO LLC SR SECURED 144A 12/30 9.25",
        "value": "3869707.84",
        "weight": "0.03343449",
        "shared": false
      },
      {
        "name": "UNISYS CORP SR SECURED 144A 01/31 10.625",
        "value": "3702089.18",
        "weight": "0.03198626",
        "shared": false
      },
      {
        "name": "K Hovnanian Enterprises Inc",
        "value": "3464201.65",
        "weight": "0.02993089",
        "shared": false
      },
      {
        "name": "HROW 8.625 09/15/30 144A",
        "value": "3288853.75",
        "weight": "0.02841588",
        "shared": false
      },
      {
        "name": "PROSPECT CAPITAL CORP REGD 3.43700000",
        "value": "3089555.68",
        "weight": "0.02669393",
        "shared": false
      },
      {
        "name": "PKOH 8.5 08/01/30 144A",
        "value": "2769238.80",
        "weight": "0.02392638",
        "shared": false
      },
      {
        "name": "JETBLUE AIRW/LOY",
        "value": "2367332.63",
        "weight": "0.02045389",
        "shared": false
      },
      {
        "name": "Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC",
        "value": "2038669.22",
        "weight": "0.01761422",
        "shared": false
      },
      {
        "name": "Velocity Commercial Capital LLC",
        "value": "2000910.62",
        "weight": "0.01728798",
        "shared": false
      },
      {
        "name": "Saratoga Investment Corp. 7.50% NOTES DUE FEBRUARY 6, 2031",
        "value": "1996000.00",
        "weight": "0.01724555",
        "shared": false
      },
      {
        "name": "Rithm Capital Corp",
        "value": "1915200.00",
        "weight": "0.01654743",
        "shared": false
      },
      {
        "name": "Cooper-Standard Automotive Inc",
        "value": "1424475.00",
        "weight": "0.01230754",
        "shared": false
      },
      {
        "name": "FULL HOUSE RESORTS INC SR SECURED 144A 02/28 8.25",
        "value": "1414375.00",
        "weight": "0.01222028",
        "shared": false
      },
      {
        "name": "Univision Communications Inc.",
        "value": "1286518.75",
        "weight": "0.01111559",
        "shared": false
      },
      {
        "name": "CYH 9.75 01/15/34 144A",
        "value": "1039566.05",
        "weight": "0.00898191",
        "shared": false
      },
      {
        "name": "CION Investment Corp. NOTES ISSUED DUE ON MARCH 31, 2031",
        "value": "976000.00",
        "weight": "0.00843269",
        "shared": false
      },
      {
        "name": "KOHL'S CORP",
        "value": "730558.16",
        "weight": "0.00631206",
        "shared": false
      },
      {
        "name": "ATEC 0.75 03/15/30",
        "value": "720090.00",
        "weight": "0.00622162",
        "shared": true
      },
      {
        "name": "NORDSTROM INC SR SECURED 01/44 5",
        "value": "717770.30",
        "weight": "0.00620158",
        "shared": false
      },
      {
        "name": "RIOT PLATFORMS INC CONV 0.75% 01/15/2030 144A",
        "value": "633875.00",
        "weight": "0.00547672",
        "shared": false
      },
      {
        "name": "ODEON FINCO PLC SR SECURED 144A 11/27 12.75",
        "value": "568176.75",
        "weight": "0.00490908",
        "shared": false
      },
      {
        "name": "ENVA 9 1/8 08/01/29",
        "value": "511353.00",
        "weight": "0.00441812",
        "shared": false
      },
      {
        "name": "MARA Holdings, Inc.",
        "value": "460750.00",
        "weight": "0.00398091",
        "shared": false
      },
      {
        "name": "TRANSOCEAN LTD",
        "value": "262295.00",
        "weight": "0.00226624",
        "shared": false
      },
      {
        "name": "GTN 10.5 07/15/29 144A",
        "value": "238095.65",
        "weight": "0.00205716",
        "shared": false
      },
      {
        "name": "HIMS & HERS HEALTH INC 144A ZERO COUPON 05/15/2030",
        "value": "225213.20",
        "weight": "0.00194585",
        "shared": false
      },
      {
        "name": "GME 0 06/15/32",
        "value": "206800.00",
        "weight": "0.00178676",
        "shared": false
      },
      {
        "name": "LYFT INC CONV 0.625% 03/01/2029",
        "value": "202977.42",
        "weight": "0.00175374",
        "shared": false
      },
      {
        "name": "BLACKLINE INC CONV 1% 06/01/2029",
        "value": "188450.00",
        "weight": "0.00162822",
        "shared": true
      },
      {
        "name": "NUTANIX INC SR UNSECURED 12/29 0.5",
        "value": "180901.02",
        "weight": "0.00156299",
        "shared": true
      },
      {
        "name": "EURONET WORLDWIDE INC SR UNSECURED 144A 10/30 0.625",
        "value": "174375.00",
        "weight": "0.00150661",
        "shared": true
      },
      {
        "name": "BBBY 5.165 08/01/44",
        "value": "6427.18",
        "weight": "0.00005553",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "FIRST AM-TR OB-X",
        "value": "263136290.27",
        "weight": "0.17912249",
        "shared": true
      },
      {
        "name": "EZPW 3.75 12/15/29",
        "value": "33120239.32",
        "weight": "0.02254565",
        "shared": false
      },
      {
        "name": "Absolute Flexible Fund/Acquired",
        "value": "32334158.58",
        "weight": "0.02201055",
        "shared": false
      },
      {
        "name": "GVA 3 1/4 06/15/30",
        "value": "24731250.00",
        "weight": "0.01683509",
        "shared": false
      },
      {
        "name": "MKS INC SR UNSECURED 06/30 1.25",
        "value": "20297406.00",
        "weight": "0.01381688",
        "shared": false
      },
      {
        "name": "Integer Holdings Corp",
        "value": "19170000.00",
        "weight": "0.01304943",
        "shared": false
      },
      {
        "name": "Patrick Industries, Inc., Convertible",
        "value": "19001989.50",
        "weight": "0.01293506",
        "shared": false
      },
      {
        "name": "OSI SYSTEMS INC CONV 2.25% 08/01/2029",
        "value": "18465987.00",
        "weight": "0.01257019",
        "shared": false
      },
      {
        "name": "HALOZYME THERAPEUTICS INC CV SR UNSEC 1.0% 08-15-28",
        "value": "17948000.00",
        "weight": "0.01221759",
        "shared": false
      },
      {
        "name": "CENX 2.75 05/01/28",
        "value": "17789025.00",
        "weight": "0.01210937",
        "shared": false
      },
      {
        "name": "TTEK 2.25 08/15/28",
        "value": "17338252.90",
        "weight": "0.01180252",
        "shared": false
      },
      {
        "name": "FLUOR CORP SR UNSECURED 08/29 1.125",
        "value": "17156387.25",
        "weight": "0.01167872",
        "shared": false
      },
      {
        "name": "MMSI 3 02/01/29",
        "value": "16072500.00",
        "weight": "0.01094089",
        "shared": false
      },
      {
        "name": "Greenbrier Cos., Inc. (The)",
        "value": "15980128.00",
        "weight": "0.01087801",
        "shared": false
      },
      {
        "name": "AKAMAI TECHNOLOGIES INC SR UNSECURED 02/29 1.125",
        "value": "15825692.85",
        "weight": "0.01077289",
        "shared": false
      },
      {
        "name": "Applied Optoelectronics, Inc.",
        "value": "15625218.21",
        "weight": "0.01063642",
        "shared": false
      },
      {
        "name": "COHU INC CONV 1.5% 01/15/2031 144A",
        "value": "14873300.00",
        "weight": "0.01012457",
        "shared": false
      },
      {
        "name": "LMAT 2.5 02/01/30",
        "value": "14738750.00",
        "weight": "0.01003298",
        "shared": false
      },
      {
        "name": "PSN 2.625 03/01/29",
        "value": "14632754.50",
        "weight": "0.00996083",
        "shared": false
      },
      {
        "name": "BWX Technologies, Inc., Convertible",
        "value": "14604660.00",
        "weight": "0.00994170",
        "shared": false
      },
      {
        "name": "ANI PHARMACEUTICALS INC CONV 2.25% 09/01/2029",
        "value": "14262373.47",
        "weight": "0.00970870",
        "shared": false
      },
      {
        "name": "Encore Capital Group, Inc., Convertible",
        "value": "14203125.00",
        "weight": "0.00966837",
        "shared": false
      },
      {
        "name": "IMAX CORP SR UNSECURED 144A 11/30 0.75",
        "value": "13971875.00",
        "weight": "0.00951095",
        "shared": false
      },
      {
        "name": "Astronics Corporation",
        "value": "13935000.00",
        "weight": "0.00948585",
        "shared": false
      },
      {
        "name": "LNTH 2.625 12/15/27",
        "value": "12749150.00",
        "weight": "0.00867862",
        "shared": false
      },
      {
        "name": "WISDOMTREE INC CONV 3.25% 08/15/2029",
        "value": "12688665.60",
        "weight": "0.00863745",
        "shared": false
      },
      {
        "name": "UCTT 0 03/15/31",
        "value": "12673048.00",
        "weight": "0.00862681",
        "shared": false
      },
      {
        "name": "FRPT 3 04/01/28",
        "value": "12659900.00",
        "weight": "0.00861786",
        "shared": false
      },
      {
        "name": "NET 0 06/15/30",
        "value": "12493292.46",
        "weight": "0.00850445",
        "shared": false
      },
      {
        "name": "FLUENCE ENERGY INC 2.250000% 06/15/2030",
        "value": "12108000.00",
        "weight": "0.00824217",
        "shared": false
      },
      {
        "name": "ATEC 0.75 03/15/30",
        "value": "12087225.00",
        "weight": "0.00822803",
        "shared": true
      },
      {
        "name": "ETSY INC SR UNSECURED 144A 06/30 1",
        "value": "11991767.00",
        "weight": "0.00816305",
        "shared": false
      },
      {
        "name": "ON Semiconductor Corporation, Convertible",
        "value": "11924640.00",
        "weight": "0.00811736",
        "shared": false
      },
      {
        "name": "A10 Networks, Inc.",
        "value": "11923453.20",
        "weight": "0.00811655",
        "shared": false
      },
      {
        "name": "JAZZ INVTS I LTD CONV 3.125% 09/15/2030",
        "value": "11844475.00",
        "weight": "0.00806279",
        "shared": false
      },
      {
        "name": "NUTANIX INC SR UNSECURED 12/29 0.5",
        "value": "11758566.56",
        "weight": "0.00800431",
        "shared": true
      },
      {
        "name": "Semtech Corporation, Convertible",
        "value": "11622875.00",
        "weight": "0.00791194",
        "shared": false
      },
      {
        "name": "Spectrum Brands Incorporated 3.375%, Due 06/01/2029",
        "value": "11417276.05",
        "weight": "0.00777198",
        "shared": false
      },
      {
        "name": "LIFE360 INC CONV 0% 06/01/2030 144A",
        "value": "11407497.75",
        "weight": "0.00776533",
        "shared": false
      },
      {
        "name": "NORTHERN OIL & GAS INC 3.625000% 04/15/2029",
        "value": "11003437.80",
        "weight": "0.00749028",
        "shared": false
      },
      {
        "name": "Camtek Ltd/Israel",
        "value": "10965500.00",
        "weight": "0.00746445",
        "shared": false
      },
      {
        "name": "BSY 0.375 07/01/27",
        "value": "10936500.00",
        "weight": "0.00744471",
        "shared": false
      },
      {
        "name": "BLACKSKY TECHNOLOGY INC CONV 8.25% 08/01/2033 144A",
        "value": "10867500.00",
        "weight": "0.00739774",
        "shared": false
      },
      {
        "name": "VSH 2.25 09/15/30",
        "value": "10611822.00",
        "weight": "0.00722369",
        "shared": false
      },
      {
        "name": "B2Gold Corp 2.75%, Due 02/01/2030",
        "value": "10512125.00",
        "weight": "0.00715583",
        "shared": false
      },
      {
        "name": "VEECO INSTRUMENTS INC CONV 2.875% 06/01/2029",
        "value": "10423978.35",
        "weight": "0.00709582",
        "shared": false
      },
      {
        "name": "BLACKLINE INC CONV 1% 06/01/2029",
        "value": "10364750.00",
        "weight": "0.00705551",
        "shared": true
      },
      {
        "name": "MSILF-TR SEC-INS",
        "value": "10178747.70",
        "weight": "0.00692889",
        "shared": false
      },
      {
        "name": "Penguin Solutions, Inc.",
        "value": "10132766.01",
        "weight": "0.00689759",
        "shared": false
      },
      {
        "name": "ITRON INC SR UNSECURED 07/30 1.375",
        "value": "10075000.00",
        "weight": "0.00685827",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000910472-26-007898",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1355064/000091047226007898/0000910472-26-007898-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000910472-26-007213",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1199046/000091047226007213/0000910472-26-007213-index.htm"
    }
  ]
}