HIIIX - CatalystSMH High Income Fund Cl I Stock Price & Dividend Safety Sector: Financial Services | Exchange: NASDAQ Current Price & Safety Score Price: 3.74 USD StockBonds Safety Grade: Altman Z-Score (Bankruptcy Risk): 0.00 StockBond Score: 0.00 Company Description This funds primary objective is to generate income with capital appreciation serving as a secondary aim Its strategy involves concentrating investments in a nondiversified array of lowerrated highyielding corporate bonds and convertible securities The fund has no limits on its allocation to noninvestment grade corporate bonds those assessed as Baa or below by Moodys or BBB or below by SP commonly referred to as junk bonds Furthermore it may also acquire corporate debt from entities that have previously defaulted on their obligations While there are no stringent restrictions on the maturity dates of its bond holdings the portfolio generally maintains an average maturity period of under ten years