# Portfolio overlap — RFXAX vs HIIFX Comparing **Rational Special Situations Income Fund** (2026-03-31) and **Catalyst/SMH High Income Fund** (2026-03-31). - Shared positions: 1 - Rational Special Situations Income Fund covered by Catalyst/SMH High Income Fund: 0.04744625990188726299962471651 - Catalyst/SMH High Income Fund covered by Rational Special Situations Income Fund: 0.04744625990188726299962471651 ## Rational Special Situations Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | AMBAC ASSURANCE CORP SUBORDINATED 144A 12/99 5.1 | 0.095662 | | | FIRST AM-TR OB-X | 0.047446 | ✓ | | WFLD 2014-MONT Mortgage Trust | 0.020676 | | | MBI 0 12/15/33 | 0.019064 | | | COMM Mortgage Trust, Series 2012-CR3, Class B | 0.016084 | | | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2012-C6, Class E | 0.016000 | | | Commercial Mortgage Pass-Through Certificates, Series 2012-LTRT, Class A2 | 0.015165 | | | CG-CCRE Commercial Mortgage Trust 2014-FL1 | 0.010029 | | | WFRBS 2013-C14 C | 0.009791 | | | DBALT 2007-AR3 1A2 | 0.009616 | | | MSBAM 2013-C10 C | 0.009238 | | | JPMCC 2010-C2 E | 0.009170 | | | ABK 5.1 PERP | 0.008683 | | | COMM Mortgage Trust, Series 2013-LC6, Class E | 0.008169 | | | Mortgage Loan Resecuritization Trust | 0.007739 | | | WFRBS Commercial Mortgage Trust 2013-C14 | 0.007710 | | | JURISCGCPC 8% 12/31/2027 | 0.007676 | | | MSBAM 2012-C6 D | 0.007195 | | | JPMCC 2010-C2 F | 0.007161 | | | CFCRE Commercial Mortgage Trust, Series 2011-C2, Class E | 0.007090 | | | Wells Fargo & Company | 0.007040 | | | JP Morgan Chase Commercial Mortgage Securities Trust 2011-C3 | 0.006843 | | | MSBAM 2013-C11 AS | 0.006214 | | | COMM 2014-CR18 E | 0.006107 | | | GSMS 2013-GC14 F | 0.005921 | | | COMM Mortgage Trust, Series 2015-CR22, Class B | 0.005900 | | | JPMCC 2018-MINN A | 0.005429 | | | MSC 2011-C2 E | 0.005398 | | | NAA 2007-3 A1 | 0.004990 | | | WFRBS Commercial Mortgage Trust, Series 2014-C21, Class B | 0.004954 | | | COMM 2014-LC17 E | 0.004948 | | | TBRNA 2006-6A A2 | 0.004924 | | | WFRBS 2014-C25 E | 0.004858 | | | GSMS 2013-G1 C | 0.004780 | | | RAAC 2005-SP3 SB | 0.004582 | | | TBRNA 2005-1A A2 | 0.004559 | | | COMM Mortgage Trust, Series 2013-CR7, Class D | 0.004482 | | | WFRBS COMMERCIAL MORTGAGE TRUST 2014-C25 WFRBS 2014-C25 D | 0.004479 | | | MLMI 2005-A3 M2 | 0.004387 | | | KDIAK 2006-1A C | 0.004387 | | | JPMBB Commercial Mortgage Securities Trust 2013-C15 | 0.004248 | | | COMM 2012-LTRT B | 0.004246 | | | Banc of America Merrill Lynch Commercial Mortgage Series 2020-BOC, Class A | 0.004180 | | | TBRNA 2005-2A A2 | 0.004091 | | | MBI 0 12/15/31 | 0.004070 | | | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25 | 0.004058 | | | DBWF Mortgage Trust, Series 2015-LCM, Class A2 | 0.004027 | | | UBSBB 2013-C5 C | 0.004017 | | | BB-UBS TRUST SER 2012-TFT CL B V/R REGD 144A P/P 3.55929800 | 0.003994 | | | CBASS 2006-RP1 B3 | 0.003993 | | ## Catalyst/SMH High Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | FIRST AM-TR OB-X | 0.056496 | ✓ | | AMCX 10.5 07/15/32 144A | 0.052347 | | | Icahn Enterprises LP / Icahn Enterprises Finance Corp | 0.051135 | | | CoreWeave, Inc. | 0.050644 | | | 1261229 BC Ltd | 0.048631 | | | NICKEL INDUSTRIES LTD 9% 09/30/2030 144A | 0.041119 | | | LVLT 8.5 01/15/36 144A | 0.040597 | | | HTZ 12 5/8 07/15/29 | 0.039591 | | | GETTY IMAGES INC SR SECURED 144A 11/30 10.5 | 0.038784 | | | ATLC 9 3/4 09/01/30 | 0.036875 | | | NEBIUS GROUP NV CONV 2.75% 09/15/2032 144A | 0.036167 | | | PGY 8.875 08/01/30 | 0.035629 | | | ARBOR REALTY SR INC REGD 144A P/P 8.50000000 | 0.034817 | | | Six Flags Entertainment Corp.'s Wonderland Co./Millennium Operations LLC | 0.034665 | | | MPW 3 1/2 03/15/31 | 0.033823 | | | APLD COMPUTECO LLC SR SECURED 144A 12/30 9.25 | 0.033434 | | | UNISYS CORP SR SECURED 144A 01/31 10.625 | 0.031986 | | | K Hovnanian Enterprises Inc | 0.029931 | | | HROW 8.625 09/15/30 144A | 0.028416 | | | PROSPECT CAPITAL CORP REGD 3.43700000 | 0.026694 | | | PKOH 8.5 08/01/30 144A | 0.023926 | | | JETBLUE AIRW/LOY | 0.020454 | | | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC | 0.017614 | | | Velocity Commercial Capital LLC | 0.017288 | | | Saratoga Investment Corp. 7.50% NOTES DUE FEBRUARY 6, 2031 | 0.017246 | | | Rithm Capital Corp | 0.016547 | | | Cooper-Standard Automotive Inc | 0.012308 | | | FULL HOUSE RESORTS INC SR SECURED 144A 02/28 8.25 | 0.012220 | | | Univision Communications Inc. | 0.011116 | | | CYH 9.75 01/15/34 144A | 0.008982 | | | CION Investment Corp. NOTES ISSUED DUE ON MARCH 31, 2031 | 0.008433 | | | KOHL'S CORP | 0.006312 | | | ATEC 0.75 03/15/30 | 0.006222 | | | NORDSTROM INC SR SECURED 01/44 5 | 0.006202 | | | RIOT PLATFORMS INC CONV 0.75% 01/15/2030 144A | 0.005477 | | | ODEON FINCO PLC SR SECURED 144A 11/27 12.75 | 0.004909 | | | ENVA 9 1/8 08/01/29 | 0.004418 | | | MARA Holdings, Inc. | 0.003981 | | | TRANSOCEAN LTD | 0.002266 | | | GTN 10.5 07/15/29 144A | 0.002057 | | | HIMS & HERS HEALTH INC 144A ZERO COUPON 05/15/2030 | 0.001946 | | | GME 0 06/15/32 | 0.001787 | | | LYFT INC CONV 0.625% 03/01/2029 | 0.001754 | | | BLACKLINE INC CONV 1% 06/01/2029 | 0.001628 | | | NUTANIX INC SR UNSECURED 12/29 0.5 | 0.001563 | | | EURONET WORLDWIDE INC SR UNSECURED 144A 10/30 0.625 | 0.001507 | | | BBBY 5.165 08/01/44 | 0.000056 | | ## Sources - N-PORT (fund A) — accession `0000910472-26-008459` (as of 2026-03-31) - N-PORT (fund B) — accession `0000910472-26-007898` (as of 2026-03-31) --- _Informational only — not investment advice. 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