MUTUAL FUND SERIES TRUST has recently filed a summary prospectus for its Catalyst Tactical Allocation Fund, which is designed to provide long-term capital appreciation. This filing is crucial as it informs potential investors about the fund's investment objectives, fees, and overall strategy, enhancing transparency in the investment management landscape.

The Catalyst Tactical Allocation Fund, formerly known as the Catalyst/Lyons Tactical Allocation Fund, offers three classes of shares: Class A (CLTAX), Class C (CLTCX), and Class I (CLTIX). The fund's investment strategy aims to balance risk and reward by utilizing a tactical allocation process that adjusts based on market conditions. This approach is particularly relevant in today’s volatile market environment.

Background

MUTUAL FUND SERIES TRUST is an investment entity incorporated in Ohio. The company focuses on managing mutual funds and has a history of providing various investment products. Recent filings include multiple 497K forms, with the latest filed on November 4, 2026, under accession number 0001580642-26-007428.

What the Filing Says

The summary prospectus outlines that the Catalyst Tactical Allocation Fund's primary investment objective is long-term capital appreciation. It also details the fees associated with investing in the fund, including a maximum sales charge of 5.75% for Class A shares, while Classes C and I do not impose any sales charges. The fund anticipates a total annual operating expense of 2.49% for Class A shares, 3.23% for Class C shares, and 2.24% for Class I shares. Importantly, the fund's advisor has agreed to limit total annual operating expenses through October 31, 2027, to 1.53%, 2.28%, and 1.28% for each respective class.

Impact

This filing may significantly affect potential investors looking for mutual fund options that provide tactical allocation strategies. By clearly outlining the fees and investment strategies, the fund positions itself competitively within the mutual fund industry. Investors will have a better understanding of what to expect in terms of costs and performance, which is critical in making informed investment decisions.

What's Next

The filing does not specify what happens next, but investors can expect further communications regarding the fund's performance and potential updates to its investment strategies as market conditions evolve.