Mutual Fund Series Trust NPORT-P Catalyst Enhanced Income Strategy Fund (Sep 2024 report)

CATALYST INSIDER BUYING FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 99.5%
		AEROSPACE & DEFENSE - 0.7%
	81	TransDigm Group, Inc.	$	115,598
		APPAREL & TEXTILE PRODUCTS - 1.5%
	1,650	Deckers Outdoor Corporation(a)		263,093
		ASSET MANAGEMENT - 15.9%
	2,820	Apollo Global Management, Inc.(b)		352,246
	2,485	Ares Management Corporation, CLASS A		387,262
	43,350	Blue Owl Capital, Inc.(b)		839,257
	1,855	KKR & Company, Inc.(b)		242,226
	2,480	LPL Financial Holdings, Inc.		576,922
	3,090	Raymond James Financial, Inc.(b)		378,401
				2,776,314
		AUTOMOTIVE - 0.2%
	700	XPEL, Inc.(a)		30,359
		BANKING - 0.9%
	3,600	Merchants Bancorp		161,856
		BEVERAGES - 1.6%
	8,825	Celsius Holdings, Inc.(a),(b)		276,752
		BIOTECH & PHARMA - 8.2%
	5,800	Novo Nordisk A/S - ADR		690,606
	4,800	TransMedics Group, Inc.(a),(b)		753,600
				1,444,206
		ELECTRICAL EQUIPMENT - 1.2%
	5,000	Napco Security Technologies, Inc.		202,300
		ENGINEERING & CONSTRUCTION - 4.8%
	2,185	Comfort Systems USA, Inc.		852,914
		HEALTH CARE FACILITIES & SERVICES - 8.9%
	5,550	Ensign Group, Inc. (The)(b)		798,201

CATALYST INSIDER BUYING FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 99.5% (Continued)
		HEALTH CARE FACILITIES & SERVICES - 8.9% (Continued)
	1,990	Medpace Holdings, Inc.(a)	$	664,262
	170	UnitedHealth Group, Inc.		99,396
				1,561,859
		INSURANCE - 12.2%
	4,595	Kinsale Capital Group, Inc.(b)		2,139,294
		INTERNET MEDIA & SERVICES - 4.1%
	550	Alphabet, Inc., Class A		91,218
	40,200	Opera Ltd. - ADR(b)		621,090
				712,308
		LEISURE FACILITIES & SERVICES - 1.6%
	7,350	DraftKings, Inc., Class A(a)		288,120
		MACHINERY - 0.1%
	115	Veralto Corporation		12,864
		MEDICAL EQUIPMENT & DEVICES - 0.1%
	62	Danaher Corporation		17,237
		OIL & GAS PRODUCERS - 4.5%
	1,590	Murphy USA, Inc.		783,663
		RETAIL - DISCRETIONARY - 5.5%
	97	AutoZone, Inc.(a)		305,554
	530	O’Reilly Automotive, Inc.(a)		610,347
	100	Ulta Beauty, Inc.(a),(b)		38,912
				954,813
		SEMICONDUCTORS - 1.2%
	10,000	ACM Research, Inc., Class A(a)		203,000
		SOFTWARE - 10.8%
	5,400	Fortinet, Inc.(a)		418,770
	80	Microsoft Corporation		34,424
	20,280	Oddity Tech Ltd.(a),(b)		818,907

CATALYST INSIDER BUYING FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 99.5% (Continued)
		SOFTWARE - 10.8% (Continued)
	1,205	Synopsys, Inc.(a)	$	610,200
				1,882,301
		TECHNOLOGY HARDWARE - 4.7%
	2,160	Arista Networks, Inc.(a)		829,051
		TECHNOLOGY SERVICES - 10.5%
	1,135	Fiserv, Inc.(a)		203,903
	1,056	Mastercard, Inc., Class A		521,453
	1,480	MSCI, Inc.		862,736
	920	Visa, Inc., Class A(b)		252,954
				1,841,046
		WHOLESALE - DISCRETIONARY - 0.3%
	1,020	Copart, Inc.(a)		53,448
		TOTAL COMMON STOCKS (Cost $15,757,690)		17,402,396
		SHORT-TERM INVESTMENTS — 27.1%
		COLLATERAL FOR SECURITIES LOANED - 26.7%
	4,662,709	Mount Vernon Liquid Assets Portfolio, 4.95% (Cost $4,662,709)(c)(d)		4,662,709
		MONEY MARKET FUND - 0.4%
	71,798	First American Treasury Obligations Fund, Class X, 4.81% (Cost $71,798)(c)		71,798
		TOTAL SHORT-TERM INVESTMENTS (Cost $4,734,507)		4,734,507
		TOTAL INVESTMENTS - 126.6% (Cost $20,492,197)	$	22,136,903
		LIABILITIES IN EXCESS OF OTHER ASSETS - (26.6)%		(4,645,330	)
		NET ASSETS - 100.0%	$	17,491,573

ADR	- American Depositary Receipt
A/S	- Anonim Sirketi
LTD	- Limited Company
MSCI	- Morgan Stanley Capital International

^(a) Non-income producing security.

^(b) All or a portion of this security is on loan. The total fair value of the securities on loan as of September 30, 2024 was $4,563,194.

^(c) Rate disclosed is the seven day effective yield as of September 30, 2024.

^(d) Security was purchased with cash received as collateral for securities on loan at September 30, 2024. Total collateral had a value of 4,662,709 at September 30, 2024.

CATALYST/MILLBURN DYNAMIC COMMODITY STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 50.6%
		AEROSPACE & DEFENSE - 0.1%
	221	Hexcel Corporation	$	13,664
		ASSET MANAGEMENT - 0.1%
	392	HA Sustainable Infrastructure Capital, Inc.		13,512
		AUTOMOTIVE - 0.7%
	3,947	Sumitomo Electric Industries Ltd.		63,039
		BEVERAGES - 0.2%
	1,754	Treasury Wine Estates Ltd.		14,553
		BIOTECH & PHARMA - 0.4%
	356	Bayer A.G.		12,021
	524	Elanco Animal Health, Inc.(a)		7,698
	81	Zoetis, Inc.		15,825
				35,544
		CHEMICALS - 4.5%
	234	Air Products and Chemicals, Inc.		69,671
	81	Balchem Corporation		14,256
	152	CF Industries Holdings, Inc.		13,042
	221	Corteva, Inc.		12,993
	169	Ecolab, Inc.		43,151
	165	FMC Corporation		10,880
	11,137	Ganfeng Lithium Group Company Ltd.		32,092
	5,894	Incitec Pivot Ltd.		12,674
	925	K+S A.G.		11,855
	208	Linde PLC		99,186
	288	Mosaic Company (The)		7,713
	206	Nutrien Ltd.		9,900
	10,664	Tianqi Lithium Corporation		37,862
	2,823	Toray Industries, Inc.		16,562
	2,134	Tronox Holdings PLC, Class A		31,220
	363	Yara International ASA		11,494
				434,551

CATALYST/MILLBURN DYNAMIC COMMODITY STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 50.6% (Continued)
		COMMERCIAL SUPPORT SERVICES - 2.3%
	381	ABM Industries, Inc.	$	20,102
	224	Casella Waste Systems, Inc., Class A(a)		22,286
	99	Clean Harbors, Inc.(a)		23,929
	490	GFL Environmental, Inc.		19,548
	1,655	PureCycle Technologies, Inc.(a)		15,723
	1,730	Radius Recycling, Inc.		32,074
	160	Republic Services, Inc.		32,134
	328	Stericycle, Inc.(a)		20,008
	145	Waste Management, Inc.		30,102
				215,906
		CONSTRUCTION MATERIALS - 0.3%
	60	Advanced Drainage Systems, Inc.		9,430
	82	Owens Corning		14,474
				23,904
		CONTAINERS & PACKAGING - 1.0%
	1,790	Billerud Aktiebolag		20,536
	464	International Paper Company		22,666
	1,135	Mondi PLC		21,563
	6,769	Oji Holdings Corporation		27,034
				91,799
		DIVERSIFIED INDUSTRIALS - 0.3%
	105	General Electric Company		19,801
	130	Pentair PLC		12,713
				32,514
		ELEC & GAS MARKETING & TRADING - 0.1%
	161	Orsted A/S(a)		10,705
		ELECTRIC UTILITIES - 6.6%
	282	Alliant Energy Corporation		17,115
	3,554	Altus Power, Inc.(a)		11,302
	82	BKW A.G.		14,863
	460	Boralex, Inc.		12,239
	49,498	China Datang Corp Renewable Power Company Ltd.		13,626
	14,531	China Longyuan Power Group Corp Ltd.		13,178

CATALYST/MILLBURN DYNAMIC COMMODITY STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 50.6% (Continued)
		ELECTRIC UTILITIES - 6.6% (Continued)
	581	Dominion Energy, Inc.	$	33,576
	150	Duke Energy Corporation		17,295
	2,691	EDP - Energias de Portugal S.A.		12,291
	620	EDP Renovaveis S.A.		10,845
	2,291	Endesa S.A.		50,075
	1,681	Enel SpA		13,430
	725	Engie S.A.		12,525
	304	Entergy Corporation		40,009
	422	ERG SpA		11,568
	1,992	Fortum OYJ		32,816
	947	Iberdrola S.A.		14,646
	1,386	Innergex Renewable Energy, Inc.		10,731
	2,551	Kyushu Electric Power Company, Inc.		27,733
	820	Neoen S.A.		35,609
	165	NextEra Energy, Inc.		13,947
	721	Northland Power, Inc.		12,439
	1,854	PG&E Corporation		36,654
	476	Public Service Enterprise Group, Inc.		42,464
	1,765	RENOVA, Inc.(a)		12,403
	300	RWE A.G.		10,916
	1,335	Solaria Energia y Medio Ambiente S.A.(a)		17,050
	511	SSE PLC		12,865
	1,004	TXNM Energy, Inc.		43,945
	856	West Holdings Corporation		16,515
				624,670
		ELECTRICAL EQUIPMENT - 4.4%
	155	A O Smith Corporation		13,924
	70	Badger Meter, Inc.		15,289
	2,339	Bloom Energy Corporation, Class A(a)		24,700
	375	BWX Technologies, Inc.		40,763
	2,087	Furukawa Electric Company Ltd.		52,391
	108	Itron, Inc.(a)		11,535
	477	Nexans S.A.		69,896
	646	NKT A/S(a)		61,023

CATALYST/MILLBURN DYNAMIC COMMODITY STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 50.6% (Continued)
		ELECTRICAL EQUIPMENT - 4.4% (Continued)
	1,272	Prysmian SpA	$	92,343
	307	Siemens Energy A.G.(a)		11,304
	62	Watts Water Technologies, Inc., Class A		12,846
				406,014
		ENGINEERING & CONSTRUCTION - 0.9%
	75	Acciona S.A.		10,647
	142	Arcosa, Inc.		13,456
	319	Montrose Environmental Group, Inc.(a)		8,390
	185	Stantec, Inc.		14,879
	800	Tetra Tech, Inc.		37,728
				85,100
		FOOD - 2.0%
	230	Bakkafrost P/F		13,242
	896	Beyond Meat, Inc.(a)		6,075
	7,036	China Mengniu Dairy Company Ltd.		16,926
	600	Darling Ingredients, Inc.(a)		22,296
	2,416	Leroy Seafood Group ASA		11,077
	863	Maruha Nichiro Corporation		19,040
	712	Mowi ASA		12,804
	603	NH Foods Ltd.		22,374
	2,570	Nissui Corporation		16,406
	483	Pilgrim’s Pride Corporation(a)		22,242
	228	Salmar ASA		11,960
	325	Tyson Foods, Inc., Class A		19,357
				193,799
		FORESTRY, PAPER & WOOD PRODUCTS - 2.2%
	3,812	Daio Paper Corporation		24,035
	532	Holmen A.B.		23,020
	3,289	Nippon Paper Industries Company Ltd.		22,426
	389	Stella-Jones, Inc.		25,541
	1,434	Stora Enso OYJ, R Shares		18,362
	1,438	Svenska Cellulosa A.B. SCA		20,951
	267	Sylvamo Corporation		22,922
	708	UPM-Kymmene OYJ		23,705

CATALYST/MILLBURN DYNAMIC COMMODITY STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 50.6% (Continued)
		FORESTRY, PAPER & WOOD PRODUCTS - 2.2% (Continued)
	261	West Fraser Timber Company Ltd.	$	25,432
				206,394
		GAS & WATER UTILITIES - 1.3%
	207	American States Water Company		17,241
	122	American Water Works Company, Inc.		17,842
	750	Aris Water Solutions, Inc., Class A		12,653
	284	California Water Service Group		15,398
	35,858	China Suntien Green Energy Corp Ltd., H Shares		16,837
	406	Essential Utilities, Inc.		15,659
	185	Middlesex Water Company		12,069
	258	SJW Group		14,992
				122,691
		INDUSTRIAL INTERMEDIATE PROD - 0.6%
	314	Gibraltar Industries, Inc.(a)		21,958
	181	Mueller Industries, Inc.		13,412
	534	SKF A.B., B Shares		10,622
	44	Valmont Industries, Inc.		12,758
				58,750
		INSTITUTIONAL FINANCIAL SERVICES - 5.9%
	636	Cboe Global Markets, Inc.		130,297
	644	CME Group, Inc.		142,099
	3,296	Hong Kong Exchanges & Clearing Ltd.		138,308
	922	Intercontinental Exchange, Inc.		148,110
				558,814
		MACHINERY - 2.6%
	107	AGCO Corporation		10,471
	31	Bucher Industries A.G.		14,048
	587	CECO Environmental Corporation(a)		16,553
	29	Deere & Company		12,103
	351	Donaldson Company, Inc.		25,868
	1,380	Energy Recovery, Inc.(a)		23,998
	126	Franklin Electric Company, Inc.		13,207
	306	Gorman-Rupp Company (The)		11,919
	66	IDEX Corporation		14,157

CATALYST/MILLBURN DYNAMIC COMMODITY STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 50.6% (Continued)
		MACHINERY - 2.6% (Continued)
	700	Kubota Corporation	$	9,892
	98	Lindsay Corporation		12,215
	574	Mueller Water Products, Inc.		12,456
	198	Tennant Company		19,016
	270	Toro Company (The)		23,417
	98	Xylem, Inc.		13,233
	354	Zurn Elkay Water Solutions Corporation		12,723
				245,276
		MEDICAL EQUIPMENT & DEVICES - 0.7%
	68	Danaher Corporation		18,905
	562	Neogen Corporation(a)		9,447
	105	STERIS PLC		25,468
	41	Waters Corporation(a)		14,755
				68,575
		METALS & MINING - 3.6%
	9,347	Boss Energy Ltd.(a)		21,262
	592	Cameco Corporation		28,284
	1,227	Cleveland-Cliffs, Inc.(a)		15,669
	297	Eramet S.A.		23,413
	6,144	Iluka Resources Ltd.		29,610
	37,359	Liontown Resources Ltd.(a)		20,794
	5,961	Lynas Rare Earths Ltd.(a)		33,056
	1,576	MP Materials Corporation(a)		27,816
	3,631	NexGen Energy Ltd.(a)		23,682
	12,721	Pilbara Minerals Ltd.(a)		28,761
	2,231	SunCoke Energy, Inc.		19,365
	3,857	Uranium Energy Corporation(a)		23,952
	330	Warrior Met Coal, Inc.		21,087
	3,912	Yellow Cake PLC(a)		29,237
				345,988
		RENEWABLE ENERGY - 2.6%
	1,368	Array Technologies, Inc.(a)		9,029
	1,063	Atlantica Sustainable Infrastructure PLC		23,365
	806	Canadian Solar, Inc.(a)		13,509

CATALYST/MILLBURN DYNAMIC COMMODITY STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 50.6% (Continued)
		RENEWABLE ENERGY - 2.6% (Continued)
	102	Enphase Energy, Inc.(a)	$	11,528
	69	First Solar, Inc.(a)		17,211
	59,838	FuelCell Energy, Inc.(a)		22,738
	50,362	NEL ASA(a)		23,816
	601	Nordex S.E.(a)		9,315
	12,681	Plug Power, Inc.(a)		28,658
	1,487	Shoals Technologies Group, Inc., Class A(a)		8,342
	503	SMA Solar Technology A.G.		10,109
	372	SolarEdge Technologies, Inc.(a)		8,523
	843	Sunnova Energy International, Inc.(a)		8,211
	510	Sunrun, Inc.(a)		9,211
	441	Vestas Wind Systems A/S(a)		9,738
	19,849	Xinjiang Goldwind Science & Technology Company Ltd.		14,963
	33,802	Xinyi Solar Holdings Ltd.		18,350
				246,616
		SOFTWARE - 0.2%
	33	Roper Technologies, Inc.		18,363
		SPECIALTY REIT - 3.3%
	13,953	Farmland Partners, Inc.		145,809
	12,493	Gladstone Land Corporation		173,652
				319,461
		STEEL - 2.3%
	337	ATI, Inc.(a)		22,549
	147	Carpenter Technology Corporation		23,458
	438	Commercial Metals Company		24,072
	1,126	Metallus, Inc.(a)		16,699
	142	Nucor Corporation		21,348
	104	Reliance, Inc.		30,078
	763	Ryerson Holding Corporation		15,191
	183	Steel Dynamics, Inc.		23,073
	527	United States Steel Corporation		18,619
	522	Worthington Enterprises, Inc.		21,637
				216,724

CATALYST/MILLBURN DYNAMIC COMMODITY STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 50.6% (Continued)
		TECHNOLOGY HARDWARE - 0.2%
	9,035	Flat Glass Group Company Ltd.	$	15,202
		TIMBER REIT - 0.9%
	553	PotlatchDeltic Corporation		24,913
	842	Rayonier, Inc.		27,096
	873	Weyerhaeuser Company		29,560
				81,569
		WHOLESALE - CONSUMER STAPLES - 0.3%
	226	Archer-Daniels-Midland Company		13,501
	149	Bunge Global S.A.		14,400
				27,901
		TOTAL COMMON STOCKS (Cost $4,292,149)		4,791,598

Principal Amount ($)			Coupon Rate (%)	Maturity
		U.S. GOVERNMENT & AGENCIES — 27.3%
		U.S. TREASURY NOTES — 27.3%
	870,000	United States Treasury Note	2.2500	11/15/24	$	867,213
	870,000	United States Treasury Note	1.5000	02/15/25		860,461
	870,000	United States Treasury Note	2.1250	05/15/25		858,640
		TOTAL U.S. GOVERNMENT & AGENCIES (Cost $2,582,657)				2,586,314

Shares
		SHORT-TERM INVESTMENTS — 12.5%
		MONEY MARKET FUNDS - 12.5%
	1,184,660	First American Treasury Obligations Fund, Class X, 4.81%(b)	1,184,660
		TOTAL MONEY MARKET FUNDS (Cost $1,184,660)

CATALYST/MILLBURN DYNAMIC COMMODITY STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares		Fair Value
	TOTAL INVESTMENTS - 90.4% (Cost $8,059,466)	$	8,562,572
	OTHER ASSETS IN EXCESS OF LIABILITIES - 9.6%		905,425
	NET ASSETS - 100.0%	$	9,467,997

OPEN FUTURES CONTRACTS
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount(c)		Value and Unrealized Appreciation (Depreciation)
	2	CBOT Corn Future(d)	12/13/2024	$	42,475	$	2,237
	1	CBOT Soybean Future(d)	11/14/2024		52,850		4,425
	2	CBOT Soybean Meal Future(d)	12/16/2024		68,320		2,950
	2	CBOT Soybean Oil Future(d)	12/13/2024		51,972		300
	2	CBOT Wheat Future(d)	12/13/2024		58,400		3,337
	6	CME Lean Hogs Future(d)	12/16/2024		175,860		2,790
	1	CME Live Cattle Future(d)	01/01/2025		73,920		2,390
	9	COMEX Copper Future(d)	12/30/2024		1,024,425		60,813
	7	COMEX Gold 100 Troy Ounces Future(d)	12/30/2024		1,861,580		145,151
	4	COMEX Silver Future(d)	12/30/2024		629,160		25,260
	4	ICE Brent Crude Oil Future(d)	10/31/2024		286,800		(3,580	)
	2	ICE Gas Oil Future(d)	11/13/2024		132,050		1,151
	1	LME Nickel Future(d)	12/17/2024		104,960		4,746
	3	LME Primary Aluminum Future(d)	12/17/2024		195,985		17,141
	5	LME Zinc Future(d)	12/17/2024		386,586		45,018
	2	NYBOT CSC C Coffee Future(d)	12/19/2024		202,688		26,344
	2	NYBOT CSC Cocoa Future(d)	12/16/2024		154,440		7,940
	6	NYBOT CSC Number 11 World Sugar Future(d)	02/28/2025		150,998		3,057
	1	NYBOT CTN Number 2 Cotton Future(d)	12/09/2024		36,805		1,500
	8	NYMEX Henry Hub Natural Gas Futures(d)	12/30/2024		288,160		16,710
	6	NYMEX Light Sweet Crude Oil Future(d)	10/23/2024		409,020		(3,450	)
	1	NYMEX NY Harbor ULSD Futures(d)	11/01/2024		90,485		(1,193	)
	4	NYMEX Platinum Future(d)	01/30/2025		198,220		745
	1	NYMEX Reformulated Gasoline Blendstock for Oxygen(d)	11/01/2024		81,274		306
		TOTAL FUTURES CONTRACTS				$	366,088

A.G.	- Aktiengesellschaft
A/S	- Anonim Sirketi
Ltd.	- Limited Company
OYJ	- Julkinen osakeyhtiö
PLC	- Public Limited Company
REIT	- Real Estate Investment Trust
S.A.	- Société Anonyme
S.E.	- Societas Europaea

^(a) Non-income producing security.

^(b) Rate disclosed is the seven-day effective yield as of September 30, 2024.

^(c) The amounts shown are the underlying reference notional amounts to stock exchange indices and equities upon which the fair value of the futures contracts held by the Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Fund’s futures contracts. Further, the underlying price changes in relation to the variables specified by the notional values affects the fair value of these derivative financial instruments. The notional values as set forth within this schedule do not purport to represent economic value at risk to the Fund.

^(d) All or a portion of this investment is a holding of the CHCSF Fund Limited.

CATALYST/WARRINGTON STRATEGIC PROGRAM FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		U.S. GOVERNMENT & AGENCIES — 30.4%
		U.S. TREASURY BILLS — 30.4%
	15,000,000	United States Treasury Bill(a)	3.0950	10/03/24	$	14,996,132
	15,000,000	United States Treasury Bill(a)(d)	4.4538	12/26/24		14,838,548
						29,834,680
		TOTAL U.S. GOVERNMENT & AGENCIES (Cost $29,820,559)				29,834,680

Shares
		SHORT-TERM INVESTMENTS — 60.7%
		MONEY MARKET FUNDS - 60.7%
	59,527,874	First American Treasury Obligations Fund, Class X, 4.81% (Cost $59,527,874)(b)	59,527,874

Contracts(c)			Broker/ Counterparty	Expiration Date	Exercise Price		Notional Value		Fair Value
		FUTURE OPTIONS PURCHASED - 0.1%
		PUT OPTIONS PURCHASED - 0.1%
	1,300	S&P Emini Future, Maturing December 2024	ADM	10/02/2024	$	4,700	$	305,500,000	$	3,250
	600	S&P Emini Future, Maturing December 2024	FCS	10/02/2024		4,700		141,000,000		1,500
	600	S&P Emini Future, Maturing December 2024	ADM	10/02/2024		5,360		160,800,000		3,000
	300	S&P Emini Future, Maturing December 2024	FCS	10/02/2024		5,360		80,400,000		1,500
	300	S&P Emini Future, Maturing December 2024	ADM	10/02/2024		5,600		84,000,000		3,750
	150	S&P Emini Future, Maturing December 2024	FCS	10/02/2024		5,600		42,000,000		1,875
	600	S&P Emini Future, Maturing December 2024	ADM	10/04/2024		5,400		162,000,000		13,500
	300	S&P Emini Future, Maturing December 2024	FCS	10/04/2024		5,400		81,000,000		6,750
	300	S&P Emini Future, Maturing December 2024	ADM	10/04/2024		5,600		84,000,000		29,250
	150	S&P Emini Future, Maturing December 2024	FCS	10/04/2024		5,600		42,000,000		14,625
		TOTAL PUT OPTIONS PURCHASED (Cost - $253,375)								79,000
		TOTAL FUTURE OPTIONS PURCHASED (Cost - $253,375)								79,000
		TOTAL INVESTMENTS - 91.2% (Cost $89,601,808)							$	89,441,554
		PUT OPTIONS WRITTEN – (0.1)% (Premiums received - $238,500)								(69,750	)
		OTHER ASSETS IN EXCESS OF LIABILITIES - 8.9%								8,634,692
		NET ASSETS - 100.0%							$	98,006,496

CATALYST/WARRINGTON STRATEGIC PROGRAM FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Contracts(c)			Counterparty	Expiration Date	Exercise Price		Notional Value		Fair Value
		WRITTEN FUTURE OPTIONS - 0.1%
		PUT OPTIONS WRITTEN - 0.1%
	1,200	S&P Emini Future, Maturing December 2024	ADM	10/02/2024	$	5,000	$	300,000,000	$	6,000
	600	S&P Emini Future, Maturing December 2024	FCS	10/02/2024		5,000		150,000,000		3,000
	600	S&P Emini Future, Maturing December 2024	ADM	10/02/2024		5,480		164,400,000		4,500
	300	S&P Emini Future, Maturing December 2024	FCS	10/02/2024		5,480		82,200,000		2,250
	1,200	S&P Emini Future, Maturing December 2024	ADM	10/04/2024		5,000		300,000,000		15,000
	600	S&P Emini Future, Maturing December 2024	FCS	10/04/2024		5,000		150,000,000		7,500
	600	S&P Emini Future, Maturing December 2024	ADM	10/04/2024		5,500		165,000,000		21,000
	300	S&P Emini Future, Maturing December 2024	FCS	10/04/2024		5,500		82,500,000		10,500
		TOTAL PUT OPTIONS WRITTEN (Proceeds - $238,500)								69,750
		TOTAL FUTURE OPTIONS WRITTEN (Proceeds - $238,500)							$	69,750

ADM	ADM Investor Services, Inc.
FCS	StoneX Group, Inc.

^(a) Zero coupon bond.

^(b) Rate disclosed is the seven day effective yield as of September 30, 2024.

^(c) Each contract is equivalent to one futures contract.

^(d) All or a portion held as collateral for options.

CATALYST INSIDER INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		CONVERTIBLE BONDS — 41.6%
		ASSET MANAGEMENT — 12.1%
	2,600,000	New Mountain Finance Corporation	7.5000	10/15/25	$	2,632,500
	4,079,000	Prospect Capital Corporation	6.3750	03/01/25		4,101,842
						6,734,342
		SPECIALTY FINANCE — 29.5%
	2,300,000	Arbor Realty Trust, Inc.	7.5000	08/01/25		2,348,875
	2,700,000	PennyMac Corporation	5.5000	03/15/26		2,628,450
	5,000,000	SoFi Technologies, Inc.(a),(b)	9.9000	10/15/26		4,551,565
	7,000,000	Two Harbors Investment Corporation	6.2500	01/15/26		6,842,500
						16,371,390
		TOTAL CONVERTIBLE BONDS (Cost $23,074,181)				23,105,732
		CORPORATE BONDS — 55.2%
		AEROSPACE & DEFENSE — 4.5%
	2,500,000	Boeing Company (The)	4.8750	05/01/25		2,491,110
		ASSET MANAGEMENT — 9.7%
	2,700,000	Ares Capital Corporation	4.2500	03/01/25		2,688,525
	2,861,000	Prospect Capital Corporation	3.7060	01/22/26		2,756,565
						5,445,090
		BIOTECH & PHARMA — 3.6%
	2,000,000	AbbVie, Inc.	3.8000	03/15/25		1,992,753
		GAS & WATER UTILITIES — 3.1%
	1,700,000	National Fuel Gas Company	5.5000	01/15/26		1,715,854
		INSURANCE — 7.2%
	2,862,526	Ambac Assurance Corporation(a)(d)	5.1000	06/07/69		3,988,771
		INTERNET MEDIA & SERVICES — 8.3%
	2,000,000	Netflix, Inc.	5.8750	02/15/25		2,007,101
	2,612,000	VeriSign, Inc.	5.2500	04/01/25		2,611,160
						4,618,261

CATALYST INSIDER INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		CORPORATE BONDS — 55.2% (Continued)
		METALS & MINING — 0.6%
	299,000	Warrior Met Coal, Inc.(a)	7.8750	12/01/28	$	310,694
		REAL ESTATE INVESTMENT TRUSTS — 5.6%
	1,007,000	Omega Healthcare Investors, Inc.	4.5000	04/01/27		1,001,942
	2,100,000	Sabra Health Care, L.P.	5.1250	08/15/26		2,112,683
						3,114,625
		SEMICONDUCTORS — 4.5%
	2,500,000	Broadcom, Inc.	3.6250	10/15/24		2,497,698
		SOFTWARE — 3.6%
	2,000,000	Oracle Corporation	2.9500	05/15/25		1,978,331
		TECHNOLOGY SERVICES — 4.5%
	2,515,000	Equifax, Inc.	2.6000	12/01/24		2,503,723
		TOTAL CORPORATE BONDS (Cost $30,723,070)				30,656,910

Shares
		SHORT-TERM INVESTMENTS — 2.6%
		MONEY MARKET FUNDS - 2.6%
	1,470,524	First American Treasury Obligations Fund, Class X, 4.81% (Cost $1,470,524)(c)		1,470,524
		TOTAL INVESTMENTS - 99.4% (Cost $55,267,775)	$	55,233,166
		OTHER ASSETS IN EXCESS OF LIABILITIES - 0.6%		355,276
		NET ASSETS - 100.0%	$	55,588,442

L.P. - Limited Partnership

^(a) Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2024 the total market value of 144A securities is 8,851,030 or 15.9% of net assets.

^(b) Zero coupon bond.

^(c) Rate disclosed is the seven-day effective yield as of September 30, 2024.

^(d) Security in default. Non income producing.

CATALYST SYSTEMATIC ALPHA FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		OPEN END FUNDS — 4.8%
		FIXED INCOME - 4.8%
	265,046	Catalyst International Income Opportunities Fund(a)	$	30,838,870
		TOTAL OPEN END FUNDS (Cost $30,000,000)		30,838,870

Principal Amount ($)			Coupon Rate (%)	Maturity
		CONVERTIBLE BONDS — 0.1%
		ASSET MANAGEMENT — 0.1%
	225,000	New Mountain Finance Corporation	7.5000	10/15/25	227,812
		SPECIALTY FINANCE — 0.0%(b)
	225,000	Two Harbors Investment Corporation	6.2500	01/15/26	219,938
		TOTAL CONVERTIBLE BONDS (Cost $424,260)			447,750
		CORPORATE BONDS — 47.2%
		AEROSPACE & DEFENSE — 4.4%
	28,790,000	RTX Corporation	3.9500	08/16/25	28,643,209
		BEVERAGES — 4.3%
	28,000,000	Constellation Brands, Inc.	5.0000	02/02/26	27,969,976
		BIOTECH & PHARMA — 2.6%
	10,000,000	AbbVie, Inc.	3.8000	03/15/25	9,963,767
	6,500,000	Gilead Sciences, Inc.	3.6500	03/01/26	6,449,280
					16,413,047
		FOOD — 4.8%
	32,000,000	Kraft Heinz Foods Company	3.0000	06/01/26	31,352,168
		INSTITUTIONAL FINANCIAL SERVICES — 0.1%
	800,000	Goldman Sachs Group, Inc. (The)	3.7500	05/22/25	795,106

CATALYST SYSTEMATIC ALPHA FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		CORPORATE BONDS — 47.2% (Continued)
		INTERNET MEDIA & SERVICES — 4.5%
	28,950,000	VeriSign, Inc.	5.2500	04/01/25	$	28,940,685
		LEISURE FACILITIES & SERVICES — 2.5%
	16,000,000	McDonald’s Corporation Series MTN	3.7000	01/30/26		15,908,631
		MEDICAL EQUIPMENT & DEVICES — 1.2%
	8,000,000	Thermo Fisher Scientific, Inc.	1.2150	10/18/24		7,984,477
		RETAIL - DISCRETIONARY — 2.7%
	17,700,000	Lowe’s Companies, Inc.	4.4000	09/08/25		17,696,679
		SEMICONDUCTORS — 4.7%
	30,000,000	Intel Corporation	4.8750	02/10/26		30,160,108
		SOFTWARE — 5.9%
	16,690,000	Microsoft Corporation	2.7000	02/12/25		16,580,512
	22,030,000	Oracle Corporation	2.9500	05/15/25		21,791,313
						38,371,825
		TECHNOLOGY HARDWARE — 1.6%
	10,756,000	Apple, Inc.	2.5000	02/09/25		10,677,469
		TECHNOLOGY SERVICES — 7.9%
	18,000,000	Equifax, Inc.	2.6000	12/01/24		17,919,293
	34,000,000	International Business Machines Corporation	3.3000	05/15/26		33,553,764
						51,473,057
		TOTAL CORPORATE BONDS (Cost $304,482,385)				306,386,437
		U.S. GOVERNMENT & AGENCIES — 40.8%
		U.S. TREASURY BILLS — 40.8%
	5,000,000	United States Treasury Bill(c)(d)(f)	4.5196	10/31/24		4,980,541
	20,000,000	United States Treasury Bill(c)(d)(f)	4.5883	11/29/24		19,847,056
	41,000,000	United States Treasury Bill(d)(f)	4.4538	12/26/24		40,558,699

CATALYST SYSTEMATIC ALPHA FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		U.S. GOVERNMENT & AGENCIES — 40.8% (Continued)
		U.S. TREASURY BILLS — 40.8% (Continued)
	10,000,000	United States Treasury Bill(d)	4.3725	01/23/25	$	9,860,324
	13,000,000	United States Treasury Bill(d)(f)	4.3005	02/20/25		12,777,925
	20,000,000	United States Treasury Bill(c)(d)(f)	4.2477	03/20/25		19,596,468
	10,000,000	United States Treasury Bill(c)(d)(f)	3.9132	04/17/25		9,783,685
	33,000,000	United States Treasury Bill(d)(f)	3.9426	05/15/25		32,179,620
	12,000,000	United States Treasury Bill(d)(f)	3.8394	06/12/25		11,673,653
	91,500,000	United States Treasury Bill(d)(f)	3.8484	07/10/25		88,731,911
	15,000,000	United States Treasury Bill(c)(d)(f)	3.8540	08/07/25		14,500,585
						264,490,467
		TOTAL U.S. GOVERNMENT & AGENCIES (Cost $263,636,818)				264,490,467

Shares
		SHORT-TERM INVESTMENTS — 6.0%
		MONEY MARKET FUNDS - 6.0%
	39,010,821	First American Treasury Obligations Fund, Class X, 4.81%(c)(e)		39,010,821
		TOTAL SHORT-TERM INVESTMENTS (Cost $39,010,821)		39,010,821
		TOTAL INVESTMENTS - 98.9% (Cost $637,554,284)	$	641,174,345
		OTHER ASSETS IN EXCESS OF LIABILITIES - 1.1%		6,965,776
		NET ASSETS - 100.0%	$	648,140,121

^(a) Non-income producing security.

^(b) Percentage rounds to less than 0.1%.

^(c) All or a portion of this investment is a holding of the CSACS Fund Limited

^(d) Zero coupon bond.

^(e) Rate disclosed is the seven day effective yield as of September 30, 2024.

^(f) This security is segregated as Collateral for a Swap Contract.

CATALYST SYSTEMATIC ALPHA FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

TOTAL RETURN SWAP - 0.4%

The BNP Paribas Catalyst Systematic Alpha Non-Commodities Index (“BCKTSAXE”) is a rules based index designed to capitalize on structural inefficiencies and behavioral biases present within the equity, fixed income, and currency markets. The BCKTSAXE Index is comprised of four rules-based Index components created by BNP Paribas.*

The BNP Paribas Catalyst Systematic Alpha Commodities Index (“BCKTSACE”) is a rules based index designed to capitalize on structural inefficiencies and behavioral biases present within the commodity markets. The BCKTSACE Index is comprised of two rules-based Index components created by BNP Paribas.*

The CIBC Multi Asset Systematic Alpha Index (“CIBQMASA”) is a rules based index designed to capitalize on structural inefficiencies and behavioral biases present within the equity, fixed income, commodity and currency markets. The CIBQMASA Index is comprised of five rules-based Index components created by CIBC.**

Shares		Reference Entity	Frequency	Notional Amount	Counterparty	Maturity	Pay/Receive Fixed Rate	Upfront Payments	Unrealized Appreciation
	153,387	BNP Paribas Catalyst Systematic Alpha Non-Commodities Index	Monthly	(353,486,755)	BNP Paribas	1/28/2025	0.1500%-0.3000%	—	$	494,708
	153,387	BNP Paribas Catalyst Systematic Alpha Commodities Index +	Monthly	(444,829,144)	BNP Paribas	1/28/2025	0.1500%-0.3000%	—		2,575,105
	76,295	CIBC Multi Asset Systematic Alpha Index +	Monthly	(223,465,022)	CIBC	3/31/2025	0.1000%	—		(235,343	)
									$	2,834,470

+ This instrument is held by CSACS Fund Ltd.

* Additional information can be found on https://marketing-indx.bnpparibas.com/casaindex/index-performance/

** Additional information can be found on https://indices.cibccm.com/CIBQMASA/

CATALYST/ASPECT ENHANCED MULTI-ASSET FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		EXCHANGE-TRADED FUNDS — 39.2%
		FIXED INCOME - 39.2%
	77,925	iShares Core U.S. Aggregate Bond ETF	$	7,891,464
		TOTAL EXCHANGE-TRADED FUNDS (Cost $7,655,911)		7,891,464
		SHORT-TERM INVESTMENTS — 35.8%
		MONEY MARKET FUNDS - 35.8%
	7,187,708	First American Treasury Obligations Fund, Class X, 4.81%(a)(c)		7,187,708
		TOTAL SHORT-TERM INVESTMENTS (Cost $7,187,708)		7,187,708
		TOTAL INVESTMENTS - 75.0% (Cost $14,843,619)	$	15,079,172
		OTHER ASSETS IN EXCESS OF LIABILITIES - 25.0%		5,013,144
		NET ASSETS - 100.0%	$	20,092,316

OPEN FUTURES CONTRACTS
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount(b)		Value and Unrealized Appreciation (Depreciation)
	4	3 Month Euro Euribor Future	03/17/2025	$	1,088,075	$	2,422
	4	3 Month Euro Euribor Future	06/16/2025		1,091,527		1,645
	5	3 Month Euro Euribor Future	09/15/2025		1,366,148		3,935
	6	3 Month Euro Euribor Future	12/15/2025		1,639,962		5,108
	6	3 Month Euro Euribor Future	03/16/2026		1,639,628		4,288
	6	3 Month Euro Euribor Future	06/15/2026		1,638,960		3,864
	6	3 Month Euro Euribor Future	09/14/2026		1,638,125		3,362
	6	3 Month Euro Euribor Future	12/15/2026		1,637,373		3,509
	6	3 Month Euro Euribor Future	03/16/2027		1,636,622		1,803
	7	3-Month CORRA Futures	06/17/2025		1,257,589		5,842
	6	3-Month CORRA Futures	09/17/2025		1,080,485		4,307
	4	3-Month CORRA Futures	12/17/2025		720,989		2,529
	4	3-Month CORRA Futures	03/18/2026		721,284		2,636
	2	3-Month CORRA Futures	06/17/2026		360,716		1,600
	1	3-Month CORRA Futures	09/16/2026		180,377		443
	6	CBOT 10 Year US Treasury Note Future	12/20/2024		685,688		(1,289	)
	5	CBOT 2 Year US Treasury Note Future	01/01/2025		1,041,211		445
	8	CBOT 5 Year US Treasury Note Future	01/01/2025		879,063		(1,648	)
	3	CBOT US Treasure Bond Futures	12/20/2024		372,563		(3,562	)
	1	CME Australian Dollar Currency Future	12/17/2024		69,245		2,482

CATALYST/ASPECT ENHANCED MULTI-ASSET FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount(b)		Value and Unrealized Appreciation (Depreciation)
	2	CME British Pound Currency Future	12/17/2024	$	167,175	$	2,387
	1	CME E-Mini NASDAQ 100 Index Future	12/23/2024		405,225		9,872
	2	CME E-Mini Russell 2000 Index Futures	12/23/2024		224,920		832
	42	CME E-Mini Standard & Poor’s 500 Index Future	12/23/2024		12,209,925		259,036
	1	CME E-Mini Standard & Poor’s MidCap 400 Index Future	12/23/2024		314,860		8,195
	2	CME Lean Hogs Future(c)	12/16/2024		58,620		(550	)
	1	CME Lean Hogs Future(c)	02/17/2025		30,950		(380	)
	1	CME Live Cattle Future(c)	01/01/2025		73,920		1,730
	1	CME Live Cattle Future(c)	03/03/2025		74,340		630
	1	CME New Zealand Dollar Currency Future	12/17/2024		63,545		2,000
	1	Cocoa Future(c)	12/13/2024		70,072		(5,452	)
	4	COMEX Copper Future(c)	12/30/2024		455,301		22,502
	2	COMEX Gold 100 Troy Ounces Future(c)	12/30/2024		531,880		36,890
	1	COMEX Silver Future(c)	12/30/2024		157,290		2,140
	2	E-Mini Dow Jones Industrial Average Index Futures	12/23/2024		426,430		8,210
	5	Eurex 10 Year Euro BUND Future	12/09/2024		751,141		7,119
	13	Eurex 2 Year Euro SCHATZ Future	12/09/2024		1,551,357		3,670
	1	Eurex 30 Year Euro BUXL Future	12/09/2024		151,743		(1,949	)
	9	Eurex 5 Year Euro BOBL Future	12/09/2024		1,203,040		5,559
	1	Eurex DAX Index Future	12/23/2024		542,896		17,404
	6	Eurex EURO STOXX 50 Future	12/23/2024		336,043		8,835
	5	Euro-BTP Italian Bond Futures	12/09/2024		676,261		11,981
	2	Euronext CAC 40 Index Future	10/21/2024		170,349		(315	)
	18	EUX Short term Euro-BTP Futures	12/09/2024		2,157,955		10,171
	3	French Government Bond Futures	12/09/2024		423,694		1,647
	4	FTSE 100 Index Future	12/23/2024		443,265		(6,024	)
	2	FTSE/MIB Index Future	12/23/2024		379,167		4,035
	1	Future on STOXX Europe 600 ESG-X	12/23/2024		21,779		169
	9	HKG Hang Seng China Enterprises Index Future	10/31/2024		437,345		34,955
	2	HKG Hang Seng Index Future	10/31/2024		273,721		23,771
	1	ICE US mini MSCI EAFE Index Futures	12/23/2024		124,390		2,280
	5	ICE US MSCI Emerging Markets EM Index Futures	12/23/2024		293,175		8,030
	4	IFSC NIFTY 50 Index Futures	11/01/2024		208,052		(717	)
	1	LME Copper Future(c)	12/17/2024		245,509		405
	1	LME Primary Aluminum Future(c)	12/17/2024		65,328		1,730
	1	LME Zinc Future(c)	12/17/2024		77,317		4,176
	4	Long Gilt Future	12/30/2024		526,399		(8,093	)
	1	MDE Crude Palm Oil Future(c)	12/16/2024		24,221		(795	)
	14	Montreal Exchange 10 Year Canadian Bond Future	12/19/2024		1,294,185		6,809
	16	Montreal Exchange 2 Year Canadian Bond Future	12/19/2024		1,245,277		4,408
	9	Montreal Exchange 5 Year Canadian Bond Future	12/19/2024		768,285		3,491
	2	Montreal Exchange S&P/TSX 60 Index Future	12/20/2024		427,239		6,606
	3	NYBOT CSC C Coffee Future(c)	12/19/2024		304,030		24,055
	2	NYBOT CSC C Coffee Future(c)	03/20/2025		200,963		25,388
	1	NYBOT CSC C Coffee Future(c)	05/20/2025		99,469		15,356
	2	NYBOT CSC Cocoa Future(c)	12/16/2024		154,440		13,750
	1	NYBOT CSC Cocoa Future(c)	03/17/2025		63,650		1,220
	2	NYBOT CSC Number 11 World Sugar Future(c)	02/28/2025		50,333		(1,545	)

CATALYST/ASPECT ENHANCED MULTI-ASSET FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount(b)		Value and Unrealized Appreciation (Depreciation)
	1	NYBOT CSC Number 11 World Sugar Future(c)	05/01/2025	$	23,576	$	(22	)
	1	NYMEX Platinum Future(c)	01/30/2025		49,555		(1,870	)
	15	OML Stockholm OMXS30 Index Future	10/21/2024		387,860		7,014
	1	OMXS30 ESG Responsible Index Futures	10/21/2024		25,284		496
	1	Robusta Coffee Future 10-Tonne(c)	11/26/2024		54,980		10,020
	2	SAFEX FTSE/JSE Top 40 Index Future	12/20/2024		92,164		5,095
	7	SFE 10 Year Australian Bond Future	12/17/2024		563,351		(3,570	)
	14	SFE 3 Year Australian Bond Future	12/17/2024		1,037,480		(1,135	)
	2	SFE 90 Day Australian Bank Accepted Bills Future	03/13/2025		1,369,835		(199	)
	2	SFE 90 Day Australian Bank Accepted Bills Future	09/11/2025		1,371,376		192
	2	SFE 90 Day Australian Bank Accepted Bills Future	12/12/2025		1,371,711		28
	2	SFE 90 Day Australian Bank Accepted Bills Future	03/13/2026		1,371,913		256
	1	SFE 90 Day Australian Bank Accepted Bills Future	06/12/2026		685,973		(4	)
	3	SFE S&P ASX Share Price Index 200 Future	12/20/2024		430,720		5,388
	2	SGX FTSE Taiwan Index Futures	10/31/2024		149,280		(3,240	)
	9	SGX Mini Japan Government 10 Year Bond Future	12/13/2024		905,542		(372	)
	2	SGX MSCI Singapore Index Future	10/30/2024		53,440		(367	)
	1	SGX Nikkei 225 Stock Index Future	12/13/2024		131,640		(788	)
	11	TEF SET50 Index Future	12/30/2024		62,073		(769	)
	9	Three Month SONIA Index Futures	06/17/2025		2,886,840		1,572
	6	Three Month SONIA Index Futures	09/16/2025		1,930,978		(499	)
	7	Three Month SONIA Index Futures	12/16/2025		2,256,902		1,929
	8	Three Month SONIA Index Futures	03/17/2026		2,581,723		1,415
	7	Three Month SONIA Index Futures	06/16/2026		2,259,476		514
	6	Three Month SONIA Index Futures	09/15/2026		1,936,794		667
	5	Three Month SONIA Index Futures	12/15/2026		1,613,911		(1,135	)
	4	Three Month SONIA Index Futures	03/17/2027		1,291,129		(1,011	)
	3	Three Month SONIA Index Futures	06/16/2027		968,347		(735	)
	3	Three-Month SOFR Futures	06/17/2025		723,638		225
	3	Three-Month SOFR Futures	09/16/2025		725,925		(188	)
	4	Three-Month SOFR Futures	12/16/2025		969,350		550
	4	Three-Month SOFR Futures	03/17/2026		970,000		537
	4	Three-Month SOFR Futures	06/16/2026		970,250		86
	4	Three-Month SOFR Futures	09/15/2026		970,200		86
	4	Three-Month SOFR Futures	12/16/2026		969,950		(113	)
	4	Three-Month SOFR Futures	03/17/2027		969,600		(175	)
	4	Three-Month SOFR Futures	06/16/2027		969,300		(413	)
	1	TSE TOPIX (Tokyo Price Index) Future	12/13/2024		184,206		7,799
	2	Ultra U.S. Treasury Bond Futures	12/20/2024		266,188		(5,703	)
		TOTAL LONG FUTURES CONTRACTS				$	640,906
OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Short Futures Contracts	Expiration	Notional Amount(b)		Value and Unrealized Appreciation (Depreciation)
	1	Carbon Emissions Future(c)	12/16/2024	$	72,999	$	2,172
	10	CBOT Corn Future(c)	03/17/2025		220,625		(13,325	)

CATALYST/ASPECT ENHANCED MULTI-ASSET FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Short Futures Contracts	Expiration	Notional Amount(b)		Value and Unrealized Appreciation (Depreciation)
	11	CBOT Corn Future(c)	12/13/2024	$	233,613	$	(12,850	)
	8	CBOT Soybean Future(c)	11/14/2024		422,800		(12,762	)
	4	CBOT Soybean Meal Future(c)	12/16/2024		136,640		(14,360	)
	4	CBOT Soybean Oil Future(c)	12/13/2024		103,944		(6,390	)
	1	CBOT Wheat Future(c)	03/17/2025		30,213		(2,425	)
	2	CBOT Wheat Future(c)	12/13/2024		58,400		(3,487	)
	4	Euronext Milling Wheat Future(c)	12/10/2024		49,493		724
	1	ICE Brent Crude Oil Future(c)	12/02/2024		71,460		(580	)
	1	ICE Brent Crude Oil Future(c)	10/31/2024		71,700		(2,920	)
	3	ICE Gas Oil Future(c)	11/13/2024		198,075		(2,375	)
	1	ICE Gas Oil Future(c)	12/13/2024		65,650		(2,775	)
	3	KCBT Hard Red Winter Wheat Future(c)	12/16/2024		87,562		(2,225	)
	1	LME Lead Future(c)	12/17/2024		52,298		(3,333	)
	1	LME Nickel Future(c)	12/17/2024		104,960		(9,528	)
	1	MGE Red Wheat Future(c)	12/16/2024		31,088		(763	)
	2	NYBOT CTN Number 2 Cotton Future(c)	12/09/2024		73,610		(5,115	)
	5	NYMEX Henry Hub Natural Gas Futures(c)	10/30/2024		146,150		(18,270	)
	4	NYMEX Henry Hub Natural Gas Futures(c)	11/27/2024		133,800		(11,940	)
	1	NYMEX Light Sweet Crude Oil Future(c)	10/23/2024		68,170		790
	2	NYMEX NY Harbor ULSD Futures(c)	11/01/2024		180,970		6,854
	1	NYMEX NY Harbor ULSD Futures(c)	12/02/2024		90,850		(4	)
	1	NYMEX Reformulated Gasoline Blendstock for Oxygen Future(c)	11/01/2024		81,274		5,208
	1	SFE 90 Day Australian Bank Accepted Bills Future	12/12/2024		684,316		—
	2	SGX Asiaclear TSI Iron Ore CFR China 62% FE Fines(c)	10/31/2024		21,890		(3,670	)
	3	SGX FTSE China A50 Futures Contract	10/31/2024		41,700		(4,926	)
	2	TurkDEX ISE 30 Futures	11/01/2024		6,521		(50	)
	2	WCE Canola Future(c)	01/15/2025		18,230		(686	)
		TOTAL SHORT FUTURES CONTRACTS				$	(119,011	)
		TOTAL FUTURES CONTRACTS				$	521,895

OPEN CURRENCY CONTRACTS
Foreign Currency	Settlement Date	Counterparty	Local Currency		U.S. Dollar Value		Unrealized Appreciation/ (Depreciation)
To Buy:
Brazilian Real	10/02/2024	Deutsche Bank		11,093,072	$	2,036,137	$	13,828
Australian Dollar	10/16/2024	Deutsche Bank		1,450,000		1,002,828		28,731
British Pound	10/16/2024	Deutsche Bank		1,050,000		1,403,819		25,284
Canadian Dollar	10/16/2024	Deutsche Bank		1,080,208		799,104		(895	)

CATALYST/ASPECT ENHANCED MULTI-ASSET FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN CURRENCY CONTRACTS (Continued)
Foreign Currency	Settlement Date	Counterparty	Local Currency		U.S. Dollar Value		Unrealized Appreciation/ (Depreciation)
To Buy: (continued)
Chilean Peso	10/16/2024	Deutsche Bank		460,815,700	$	513,133	$	13,133
Chinese Yuan Offshore	10/16/2024	Deutsche Bank		3,519,091		502,973		2,973
Euro	10/16/2024	Deutsche Bank		850,000		947,131		3,502
Indian Rupee	10/16/2024	Deutsche Bank		25,166,358		300,149		149
Indonesia Rupiah	10/16/2024	Deutsche Bank		1,536,674,998		101,269		1,269
Israeli Shekel	10/16/2024	Deutsche Bank		369,979		99,274		(726	)
Japanese Yen	10/16/2024	Deutsche Bank		14,069,469		98,134		(1,866	)
Mexican Peso	10/16/2024	Deutsche Bank		3,866,034		195,848		(4,152	)
New Zealand Dollar	10/16/2024	Deutsche Bank		1,100,000		698,896		20,024
Philippine Peso	10/16/2024	Deutsche Bank		5,648,988		100,725		725
Singapore Dollar	10/16/2024	Deutsche Bank		778,699		606,433		6,434
South African Rand	10/16/2024	Deutsche Bank		10,636,056		614,715		14,716
South Korean Won	10/16/2024	Deutsche Bank		265,094,758		201,262		1,262
Swiss Franc	10/16/2024	Deutsche Bank		506,277		599,426		(573	)
Taiwanese Dollar	10/16/2024	Deutsche Bank		3,168,848		100,054		54
Thailand Baht	10/16/2024	Deutsche Bank		11,629,792		359,111		9,111
Brazilian Real	11/04/2024	Deutsche Bank		820,642		149,995		(5	)
Columbian Peso	12/18/2024	Deutsche Bank		631,376,079		148,764		(1,236	)
Peruvian Sole	12/18/2024	Deutsche Bank		562,404		151,546		1,546
					$	11,730,726	$	133,288
To Sell:
Brazilian Real	10/02/2024	Deutsche Bank		11,093,074	$	2,036,134	$	(86,136	)
Australian Dollar	10/16/2024	Deutsche Bank		100,000		69,160		(1,083	)
British Pound	10/16/2024	Deutsche Bank		50,000		66,849		(1,117	)
Canadian Dollar	10/16/2024	Deutsche Bank		339,027		250,803		(803	)
Chilean Peso	10/16/2024	Deutsche Bank		188,245,534		209,617		(9,617	)
Chinese Yuan Offshore	10/16/2024	Deutsche Bank		710,112		101,495		(1,495	)
Indian Rupee	10/16/2024	Deutsche Bank		8,407,919		100,278		(278	)
Israeli Shekel	10/16/2024	Deutsche Bank		374,522		100,493		(493	)
Japanese Yen	10/16/2024	Deutsche Bank		14,263,903		99,490		510
Mexican Peso	10/16/2024	Deutsche Bank		4,990,951		252,837		(2,837	)
New Zealand Dollar	10/16/2024	Deutsche Bank		50,000		31,768		(758	)
South African Rand	10/16/2024	Deutsche Bank		879,602		50,837		(837	)
South Korean Won	10/16/2024	Deutsche Bank		134,009,100		101,741		(1,741	)
Taiwanese Dollar	10/16/2024	Deutsche Bank		6,400,134		202,079		(2,080	)
Brazilian Real	11/04/2024	Deutsche Bank		1,917,091		350,401		(402	)
Columbian Peso	12/18/2024	Deutsche Bank		433,847,337		102,222		(2,222	)
Peruvian Sole	12/18/2024	Deutsche Bank		380,152		102,436		(2,436	)
					$	4,228,640	$	(113,825	)
Total							$	19,463

CATALYST/ASPECT ENHANCED MULTI-ASSET FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN CURRENCY CONTRACTS (Continued)
Foreign Currency		Settlement Date	Counterparty	Local Currency Amount Purchased Sell		Local Currency Amount Purchased Sell		U.S. Dollar Market Value Buy		U.S. Dollar Market Value Sell			Unrealized Appreciation/ (Depreciation)
To Buy:	To Sell:
British Pound	Euro	10/16/2024	Deutsche Bank		2,701,468		3,200,000		3,611,785		(3,565,667	)	$	46,118
Euro	British Pound	10/16/2024	Deutsche Bank		750,000		628,647		835,710		(840,484	)		(4,774	)
Euro	Czech Koruna	10/16/2024	Deutsche Bank		50,000		1,259,157		55,714		(55,617	)		97
Euro	Hungarian Forints	10/16/2024	Deutsche Bank		300,000		119,284,121		334,284		(333,994	)		290
Euro	Japanese Yen	10/16/2024	Deutsche Bank		400,000		64,204,345		445,709		(447,820	)		(2,111	)
Euro	Norwegian Krone	10/16/2024	Deutsche Bank		1,050,000		12,458,960		1,169,990		(1,180,928	)		(10,938	)
Euro	Polish Zloty	10/16/2024	Deutsche Bank		350,000		1,499,161		389,998		(389,378	)		620
Euro	Swedish Krona	10/16/2024	Deutsche Bank		100,000		1,145,236		111,428		(112,873	)		(1,445	)
Euro	Swiss Franc	10/16/2024	Deutsche Bank		150,000		141,509		167,142		(167,546	)		(404	)
Hungarian Forints	Euro	10/16/2024	Deutsche Bank		236,208,689		600,000		661,378		(668,562	)		(7,184	)
Japanese Yen	Euro	10/16/2024	Deutsche Bank		31,474,363		200,000		219,532		(222,856	)		(3,324	)
Norwegian Krone	Euro	10/16/2024	Deutsche Bank		8,785,690		750,000		832,756		(835,710	)		(2,954	)
Polish Zloty	Euro	10/16/2024	Deutsche Bank		7,065,139		1,650,000		1,835,031		(1,838,547	)		(3,516	)
Swedish Krona	Euro	10/16/2024	Deutsche Bank		4,551,576		400,000		448,597		(445,709	)		2,888
Swiss Franc	Euro	10/16/2024	Deutsche Bank		46,699		50,000		55,292		(55,714	)		(422	)
					293,983,624		207,471,136	$	11,174,346	$	11,161,405		$	12,941
Total													$	32,404

^(a) Rate disclosed is the seven day effective yield as of September 30, 2024.

^(b) The amounts shown are the underlying reference notional amounts to stock exchange indices and equities upon which the fair value of the futures contracts held by the Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Fund’s futures contracts. Further, the underlying price changes in relation to the variables specified by the notional values affects the fair value of these derivative financial instruments. The notional values as set forth within this schedule do not purport to represent economic value at risk to the Fund.

^(c) All or a portion of this investment is a holding of the CAEMAF Fund Limited.

CATALYST ENERGY INFRASTRUCTURE FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 99.8%
		OIL & GAS PRODUCERS - 99.8%
	166,449	Cheniere Energy, Inc.	$	29,934,188
	130,782	DT Midstream, Inc.		10,287,312
	347,378	Enbridge, Inc.		14,107,021
	1,834,036	Energy Transfer, L.P.		29,436,277
	2,091,554	EnLink Midstream, LLC		30,348,448
	477,341	Enterprise Products Partners, L.P.		13,895,397
	330,310	Gibson Energy, Inc.		5,424,929
	194,231	Hess Midstream, L.P., Class A		6,850,527
	212,964	Keyera Corporation		6,641,001
	627,108	Kinder Morgan, Inc.		13,852,816
	245,554	Kinetik Holdings, Inc.		11,113,774
	280,885	MPLX, L.P.		12,488,147
	3,627,416	NextDecade Corporation(a)		17,085,129
	149,706	ONEOK, Inc.		13,642,708
	349,394	Pembina Pipeline Corporation		14,409,009
	732,335	Plains GP Holdings, L.P., Class A		13,548,198
	149,644	Targa Resources Corporation		22,148,808
	303,543	TC Energy Corporation		14,433,470
	334,265	Western Midstream Partners, L.P.		12,788,979
	308,576	Williams Companies, Inc. (The)		14,086,494
				306,522,632
		TOTAL COMMON STOCKS (Cost $221,089,868)		306,522,632
		SHORT-TERM INVESTMENT — 0.0%(b)
		MONEY MARKET FUND - 0.0% (b)
	52,546	First American Treasury Obligations Fund, Class X, 4.81% (Cost $52,546)(c)		52,546
		TOTAL INVESTMENTS - 99.8% (Cost $221,142,414)	$	306,575,178
		OTHER ASSETS IN EXCESS OF LIABILITIES - 0.2%		463,410
		NET ASSETS - 100.0%	$	307,038,588

LLC	- Limited Liability Company
LP	- Limited Partnership

^(a) Non-income producing security.

^(b) Percentage rounds to less than 0.1%.

^(c) Rate disclosed is the seven day effective yield as of September 30, 2024.

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 56.1%
		ADVERTISING & MARKETING - 0.1%
	826	Interpublic Group of Companies, Inc. (The)	$	26,126
		AEROSPACE & DEFENSE - 1.8%
	3,291	Boeing Company (The)(a)		500,363
	62	L3Harris Technologies, Inc.		14,748
	76	Northrop Grumman Corporation		40,133
	149	RTX Corporation		18,053
	433	Textron, Inc.		38,355
				611,652
		APPAREL & TEXTILE PRODUCTS - 0.2%
	610	NIKE, Inc., Class B		53,924
		ASSET MANAGEMENT - 2.0%
	126	Ameriprise Financial, Inc.		59,196
	367	Apollo Global Management, Inc.		45,842
	138	Ares Management Corporation, CLASS A		21,506
	101	BlackRock, Inc.		95,901
	444	Blackstone, Inc.		67,990
	653	Carlyle Group, Inc. (The)		28,118
	2,904	Charles Schwab Corporation (The)		188,209
	4,994	Franklin Resources, Inc.		100,629
	72	LPL Financial Holdings, Inc.		16,749
	166	Raymond James Financial, Inc.		20,328
	756	T Rowe Price Group, Inc.		82,351
				726,819
		AUTOMOTIVE - 0.9%
	25,725	Ford Motor Company		271,656
	596	General Motors Company		26,725
	126	Tesla, Inc.(a)		32,965
				331,346
		BANKING - 6.2%
	26,396	Bank of America Corporation		1,047,394
	2,919	Citigroup, Inc.		182,729
	676	Citizens Financial Group, Inc.		27,763

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 56.1% (Continued)
		BANKING - 6.2% (Continued)
	1,247	Fifth Third Bancorp	$	53,421
	5,256	Huntington Bancshares, Inc.		77,263
	126	JPMorgan Chase & Company		26,568
	2,079	KeyCorporation		34,823
	374	M&T Bank Corporation		66,617
	385	PNC Financial Services Group, Inc. (The)		71,167
	3,855	Regions Financial Corporation		89,937
	3,861	Truist Financial Corporation		165,135
	3,590	US Bancorp		164,171
	2,824	Wells Fargo & Company		159,528
				2,166,516
		BEVERAGES - 2.1%
	379	Brown-Forman Corporation, Class B		18,647
	2,702	Coca-Cola Company (The)		194,166
	953	Keurig Dr Pepper, Inc.		35,718
	298	Molson Coors Beverage Company, Class B		17,141
	2,995	PepsiCo, Inc.		509,300
				774,972
		BIOTECH & PHARMA - 0.3%
	485	Biogen, Inc.(a)		94,012
		CABLE & SATELLITE - 0.9%
	874	Charter Communications, Inc., Class A(a)		283,246
	1,897	Sirius XM Holdings, Inc.		44,864
				328,110
		CHEMICALS - 1.7%
	849	Air Products and Chemicals, Inc.		252,781
	76	Avery Dennison Corporation		16,778
	112	Celanese Corporation		15,228
	508	CF Industries Holdings, Inc.		43,586
	171	Ecolab, Inc.		43,661
	637	International Flavors & Fragrances, Inc.		66,840
	1,039	Mosaic Company (The)		27,824
	674	PPG Industries, Inc.		89,278

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 56.1% (Continued)
		CHEMICALS - 1.7% (Continued)
	117	RPM International, Inc.	$	14,157
	58	Sherwin-Williams Company (The)		22,137
				592,270
		COMMERCIAL SUPPORT SERVICES - 0.1%
	93	Waste Management, Inc.		19,307
		CONSTRUCTION MATERIALS - 0.0%(b)
	30	Martin Marietta Materials, Inc.		16,148
		CONTAINERS & PACKAGING - 0.3%
	695	Ball Corporation		47,197
	504	Crown Holdings, Inc.		48,324
				95,521
		DATA CENTER REIT - 0.1%
	24	Equinix, Inc.		21,303
		DIVERSIFIED INDUSTRIALS - 0.8%
	200	3M Company		27,340
	396	Emerson Electric Company		43,311
	165	General Electric Company		31,116
	806	Honeywell International, Inc.		166,607
	123	Illinois Tool Works, Inc.		32,235
				300,609
		E-COMMERCE DISCRETIONARY - 0.1%
	506	eBay, Inc.		32,946
		ELECTRIC UTILITIES - 1.1%
	922	AES Corporation (The)		18,495
	145	American Electric Power Company, Inc.		14,877
	2,449	CenterPoint Energy, Inc.		72,050
	175	Consolidated Edison, Inc.		18,223
	1,255	Dominion Energy, Inc.		72,526
	184	Duke Energy Corporation		21,215
	261	Eversource Energy		17,761

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 56.1% (Continued)
		ELECTRIC UTILITIES - 1.1% (Continued)
	822	Exelon Corporation	$	33,332
	352	FirstEnergy Corporation		15,611
	343	NextEra Energy, Inc.		28,994
	2,486	PG&E Corporation		49,148
	182	SEMPRA		15,221
	402	Xcel Energy, Inc.		26,251
				403,704
		ELECTRICAL EQUIPMENT - 0.8%
	126	AMETEK, Inc.		21,635
	724	Fortive Corporation		57,145
	372	Keysight Technologies, Inc.(a)		59,122
	370	Rockwell Automation, Inc.		99,331
	791	Trimble, Inc.(a)		49,113
				286,346
		ENGINEERING & CONSTRUCTION - 0.0%(b)
	115	Jacobs Solutions, Inc.		15,054
		ENTERTAINMENT CONTENT - 0.1%
	149	Take-Two Interactive Software, Inc.(a)		22,903
		FOOD - 2.0%
	2,251	Conagra Brands, Inc.		73,203
	599	General Mills, Inc.		44,236
	426	Hershey Company (The)		81,698
	2,867	Hormel Foods Corporation		90,884
	321	J M Smucker Company (The)		38,873
	4,048	Kraft Heinz Company (The)		142,125
	292	McCormick & Company, Inc.		24,032
	2,532	Mondelez International, Inc., A		186,532
	259	Tyson Foods, Inc., Class A		15,426
				697,009
		GAS & WATER UTILITIES - 0.1%
	177	American Water Works Company, Inc.		25,884

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 56.1% (Continued)
		HEALTH CARE FACILITIES & SERVICES - 0.3%
	138	Cardinal Health, Inc.	$	15,252
	425	IQVIA Holdings, Inc.(a)		100,712
				115,964
		HEALTH CARE REIT - 0.0%(b)
	222	Ventas, Inc.		14,237
		HOUSEHOLD PRODUCTS - 0.2%
	329	Clorox Company (The)		53,597
		INDUSTRIAL REIT - 1.2%
	2,016	Prologis, Inc.		254,581
	2,558	Rexford Industrial Realty, Inc.		128,694
				383,275
		INFRASTRUCTURE REIT - 0.3%
	363	American Tower Corporation, A		84,419
	207	Crown Castle, Inc.		24,556
				108,975
		INSTITUTIONAL FINANCIAL SERVICES - 1.7%
	1,092	Bank of New York Mellon Corporation (The)		78,471
	654	CME Group, Inc.		144,305
	117	Goldman Sachs Group, Inc. (The)		57,928
	275	Intercontinental Exchange, Inc.		44,176
	373	Nasdaq, Inc.		27,233
	754	Northern Trust Corporation		67,883
	2,233	State Street Corporation		197,553
				617,549
		INSURANCE - 2.8%
	457	Aflac, Inc.		51,093
	153	Allstate Corporation (The)		29,016
	1,859	American International Group, Inc.		136,135
	228	Aon PLC, Class A		78,886
	200	Cincinnati Financial Corporation		27,224
	139	Marsh & McLennan Companies, Inc.		31,010
	3,705	MetLife, Inc.		305,588

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 56.1% (Continued)
		INSURANCE - 2.8% (Continued)
	1,757	Principal Financial Group, Inc.	$	150,926
	75	Progressive Corporation (The)		19,032
	791	Prudential Financial, Inc.		95,790
	212	Travelers Companies, Inc. (The)		49,633
				974,333
		INTERNET MEDIA & SERVICES - 0.5%
	1,162	Alphabet, Inc., Class A		192,718
		LEISURE FACILITIES & SERVICES - 0.9%
	3,930	Carnival Corporation(a)		72,626
	200	Hilton Worldwide Holdings, Inc.		46,100
	128	Marriott International, Inc., Class A		31,821
	334	McDonald’s Corporation		101,706
	904	Starbucks Corporation		88,131
				340,384
		MACHINERY - 0.6%
	50	Caterpillar, Inc.		19,556
	277	Deere & Company		115,600
	73	IDEX Corporation		15,659
	152	Stanley Black & Decker, Inc.		16,740
	241	Xylem, Inc.		32,542
				200,097
		MEDICAL EQUIPMENT & DEVICES - 0.1%
	769	Baxter International, Inc.		29,199
	208	Zimmer Biomet Holdings, Inc.		22,454
				51,653
		METALS & MINING - 0.7%
	1,778	Freeport-McMoRan, Inc.		88,758
	3,302	Newmont Corporation		176,492
				265,250
		OFFICE REIT - 0.1%
	212	Alexandria Real Estate Equities, Inc.		25,175

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 56.1% (Continued)
		OIL & GAS PRODUCERS - 3.3%
	2,840	Chevron Corporation	$	418,246
	2,786	EQT Corporation		102,079
	3,000	Exxon Mobil Corporation		351,660
	9,302	Kinder Morgan, Inc.		205,481
	366	Phillips 66		48,111
	580	Williams Companies, Inc. (The)		26,477
				1,152,054
		OIL & GAS SERVICES & EQUIPMENT - 0.9%
	3,783	Baker Hughes Company		136,755
	4,776	Schlumberger N.V.		200,354
				337,109
		REAL ESTATE INVESTMENT TRUSTS - 0.2%
	88	AvalonBay Communities, Inc.		19,822
	1,073	Kimco Realty Corporation		24,915
				44,737
		REAL ESTATE SERVICES - 0.0%(b)
	125	CBRE Group, Inc., Class A(a)		15,560
		RESIDENTIAL REIT - 0.2%
	1,387	American Homes 4 Rent, Class A		53,247
	217	Equity Residential		16,158
	60	Essex Property Trust, Inc.		17,725
	230	Mid-America Apartment Communities, Inc.		36,547
				123,677
		RETAIL - CONSUMER STAPLES - 0.2%
	333	Dollar General Corporation		28,162
	241	Target Corporation		37,562
				65,724
		RETAIL - DISCRETIONARY - 0.9%
	419	CarMax, Inc.(a)		32,422
	318	Genuine Parts Company		44,418
	372	Home Depot, Inc. (The)		150,735
	382	Lowe’s Companies, Inc.		103,465
				331,040

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 56.1% (Continued)
		SELF-STORAGE REIT - 0.1%
	67	Public Storage	$	24,379
		SEMICONDUCTORS - 2.3%
	211	Advanced Micro Devices, Inc.(a)		34,621
	411	Analog Devices, Inc.		94,600
	222	Applied Materials, Inc.		44,855
	156	Broadcom, Inc.		26,910
	25	KLA Corporation		19,360
	26	Lam Research Corporation		21,218
	347	Microchip Technology, Inc.		27,861
	516	Micron Technology, Inc.		53,514
	181	NVIDIA Corporation		21,981
	1,049	ON Semiconductor Corporation(a)		76,168
	1,130	QUALCOMM, Inc.		192,157
	495	Skyworks Solutions, Inc.		48,891
	108	Teradyne, Inc.		14,464
	718	Texas Instruments, Inc.		148,317
				824,917
		SOFTWARE - 4.7%
	168	Adobe, Inc.(a)		86,987
	1,008	Akamai Technologies, Inc.(a)		101,758
	371	Autodesk, Inc.(a)		102,203
	51	Cadence Design Systems, Inc.(a)		13,823
	275	Fortinet, Inc.(a)		21,326
	1,251	Gen Digital, Inc.		34,315
	61	Intuit, Inc.		37,881
	1,616	Microsoft Corporation		695,364
	749	Okta, Inc.(a)		55,681
	781	Oracle Corporation		133,082
	146	Palo Alto Networks, Inc.(a)		49,903
	109	PTC, Inc.(a)		19,692
	30	Roper Technologies, Inc.		16,693
	665	Salesforce, Inc.		182,017
	74	ServiceNow, Inc.(a)		66,185

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 56.1% (Continued)
		SOFTWARE - 4.7% (Continued)
	69	Synopsys, Inc.(a)	$	34,941
	84	Veeva Systems, Inc., Class A(a)		17,629
				1,669,480
		SPECIALTY FINANCE - 0.7%
	701	American Express Company		190,111
	240	Capital One Financial Corporation		35,935
	242	Fidelity National Financial, Inc.		15,019
	345	Synchrony Financial		17,209
				258,274
		TECHNOLOGY HARDWARE - 4.2%
	2,451	Apple, Inc.		571,083
	13,867	Cisco Systems, Inc.		738,002
	2,326	Hewlett Packard Enterprise Company		47,590
	1,753	HP, Inc.		62,880
	51	Motorola Solutions, Inc.		22,931
	186	NetApp, Inc.		22,973
	279	Western Digital Corporation(a)		19,053
	59	Zebra Technologies Corporation, Class A(a)		21,849
				1,506,361
		TECHNOLOGY SERVICES - 5.5%
	626	Amdocs Ltd.		54,762
	226	Amentum Holdings, Inc.(a)		7,289
	457	Automatic Data Processing, Inc.		126,466
	118	Booz Allen Hamilton Holding Corporation		19,206
	102	Broadridge Financial Solutions, Inc.		21,933
	333	CDW Corporation		75,358
	1,907	Cognizant Technology Solutions Corporation, Class A		147,182
	197	CoStar Group, Inc.(a)		14,862
	56	FactSet Research Systems, Inc.		25,752
	1,423	Fidelity National Information Services, Inc.		119,176
	168	Fiserv, Inc.(a)		30,181
	37	Gartner, Inc.(a)		18,750
	1,398	International Business Machines Corporation		309,071
	271	Jack Henry & Associates, Inc.		47,842

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 56.1% (Continued)
		TECHNOLOGY SERVICES - 5.5% (Continued)
	418	Mastercard, Inc., Class A	$	206,408
	75	Moody’s Corporation		35,594
	161	MSCI, Inc.		93,852
	435	Paychex, Inc.		58,373
	1,757	PayPal Holdings, Inc.(a)		137,099
	142	S&P Global, Inc.		73,360
	199	TransUnion		20,835
	166	Verisk Analytics, Inc.		44,481
	935	Visa, Inc., Class A		257,078
				1,944,910
		TIMBER REIT - 0.1%
	1,098	Weyerhaeuser Company		37,178
		TRANSPORTATION & LOGISTICS - 1.1%
	1,003	CSX Corporation		34,634
	450	Delta Air Lines, Inc.		22,856
	174	Expeditors International of Washington, Inc.		22,864
	185	FedEx Corporation		50,631
	151	JB Hunt Transport Services, Inc.		26,022
	217	Norfolk Southern Corporation		53,924
	120	Union Pacific Corporation		29,578
	1,083	United Parcel Service, Inc., B		147,655
				388,164
		TRANSPORTATION EQUIPMENT - 0.0%(b)
	161	PACCAR, Inc.		15,887
		WHOLESALE - CONSUMER STAPLES - 0.5%
	1,824	Archer-Daniels-Midland Company		108,966
	965	Sysco Corporation		75,328
				184,294
		WHOLESALE - DISCRETIONARY - 0.1%
	627	LKQ Corporation		25,030
		TOTAL COMMON STOCKS (Cost $19,723,962)		19,934,463

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		SHORT-TERM INVESTMENTS — 22.6%
		MONEY MARKET FUNDS - 22.6%
	8,028,607	First American Treasury Obligations Fund, Class X, 4.81% (Cost $8,028,607)(c)(e)		8,028,607
		TOTAL INVESTMENTS - 78.7% (Cost $27,752,569)	$	27,963,070
		OTHER ASSETS IN EXCESS OF LIABILITIES - 21.3%		7,557,834
		NET ASSETS - 100.0%	$	35,520,904

OPEN FUTURES CONTRACTS
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount(d)		Value and Unrealized Appreciation (Depreciation)
	58	CBOT 10 Year US Treasury Note Future	12/20/2024	$	6,628,313	$	945
	95	CBOT 2 Year US Treasury Note Future	01/01/2025		19,783,007		(23,697	)
	88	CBOT 5 Year US Treasury Note Future	01/01/2025		9,669,687		(36,461	)
	13	CBOT Soybean Future(e)	11/14/2024		687,050		(450	)
	28	CBOT US Treasure Bond Futures	12/20/2024		3,477,250		(15,751	)
	48	CME Australian Dollar Currency Future	12/17/2024		3,323,760		45,450
	111	CME British Pound Currency Future	12/17/2024		9,278,213		183,944
	187	CME Canadian Dollar Currency Future	12/18/2024		13,854,830		(80,085	)
	12	CME E-Mini NASDAQ 100 Index Future	12/23/2024		4,862,700		108,223
	26	CME E-Mini Standard & Poor’s 500 Index Future	12/23/2024		7,558,525		116,817
	120	CME Euro Foreign Exchange Currency Future	12/17/2024		16,749,750		101,687
	10	CME Euro FX/Japanese Yen Cross Rate Currency Future	12/17/2024		1,381,371		28,200
	7	COMEX Copper Future(e)	12/30/2024		796,775		44,551
	10	COMEX Gold 100 Troy Ounces Future(e)	12/30/2024		2,659,400		109,870
	63	Eurex 10 Year Euro BUND Future	12/09/2024		9,464,380		125,544
	56	Eurex 2 Year Euro SCHATZ Future	12/09/2024		6,682,775		34,332
	115	Eurex 5 Year Euro BOBL Future	12/09/2024		15,372,174		151,600
	44	Eurex EURO STOXX 50 Future	12/23/2024		2,464,314		63,929
	6	HKG Hang Seng Index Future	10/31/2024		821,163		95,949
	3	LME Copper Future(e)	12/17/2024		736,526		28,501
	13	LME Lead Future(e)	12/17/2024		679,868		(12,557	)
	9	LME Primary Aluminum Future(e)	12/17/2024		587,954		18,377
	8	LME Zinc Future(e)	12/17/2024		618,538		21,500
	39	Long Gilt Future	12/30/2024		5,132,389		(40,167	)
	4	NYBOT CSC C Coffee Future(e)	12/19/2024		405,375		33,244
	14	NYBOT CSC Number 11 World Sugar Future(e)	02/28/2025		352,330		22,064
	16	NYBOT CTN Number 2 Cotton Future(e)	12/09/2024		588,880		(1,495	)

CATALYST/WELTON ADVANTAGE MULTI-STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount(d)		Value and Unrealized Appreciation (Depreciation)
	17	NYMEX Henry Hub Natural Gas Futures(e)	10/30/2024	$	496,910	$	22,360
	11	SGX Nikkei 225 Stock Index Future	12/13/2024		1,448,043		53,755
	66	Three Month SONIA Index Futures	09/15/2026		21,304,733		(5,522	)
	67	Three-Month SOFR Futures	09/15/2026		16,250,850		(11,938	)
	9	TSE Japanese 10 Year Bond Futures	12/16/2024		9,057,923		10,854
		TOTAL LONG FUTURES CONTRACTS				$	1,193,573
OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Short Futures Contracts	Expiration	Notional Amount(d)		Value and Unrealized Appreciation
	78	CME Japanese Yen Currency Future	12/17/2024	$	6,854,738	$	101,315
	11	NYMEX Light Sweet Crude Oil Future(e)	10/23/2024		749,870		11,340
		TOTAL SHORT FUTURES CONTRACTS				$	112,655

^(a) Non-income producing security.

^(b) Percentage rounds to less than 0.1%.

^(c) Rate disclosed is the seven day effective yield as of September 30, 2024.

^(d) The amounts shown are the underlying reference notional amounts to stock exchange indices and equities upon which the fair value of the futures contracts held by the Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Fund’s futures contracts. Further, the underlying price changes in relation to the variables specified by the notional values affects the fair value of these derivative financial instruments. The notional values as set forth within this schedule do not purport to represent economic value at risk to the Fund.

^(e) All or a portion of this investment is a holding of the CWAMSF Fund Limited.

CATALYST NASDAQ-100 HEDGED EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 68.2%
		ADVERTISING & MARKETING - 0.2%
	348	Trade Desk, Inc. (The), Class A(a)	$	38,158
		AUTOMOTIVE - 2.2%
	1,469	Tesla, Inc.(a)		384,334
		BEVERAGES - 1.7%
	354	Coca-Cola Europacific Partners PLC		27,878
	1,044	Keurig Dr Pepper, Inc.		39,129
	810	Monster Beverage Corporation(a)		42,258
	1,060	PepsiCo, Inc.		180,252
				289,517
		BIOTECH & PHARMA - 2.7%
	414	Amgen, Inc.		133,395
	449	AstraZeneca PLC - ADR		34,982
	114	Biogen, Inc.(a)		22,098
	962	Gilead Sciences, Inc.(b)		80,654
	301	Moderna, Inc.(a)		20,116
	84	Regeneron Pharmaceuticals, Inc.(a)		88,304
	200	Vertex Pharmaceuticals, Inc.(a)		93,016
				472,565
		CABLE & SATELLITE - 0.9%
	110	Charter Communications, Inc., Class A(a)(b)		35,649
	3,021	Comcast Corporation, Class A		126,187
				161,836
		CHEMICALS - 1.0%
	371	Linde PLC		176,915
		COMMERCIAL SUPPORT SERVICES - 0.4%
	312	Cintas Corporation		64,235
		DIVERSIFIED INDUSTRIALS - 0.6%
	503	Honeywell International, Inc.		103,975

CATALYST NASDAQ-100 HEDGED EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 68.2% (Continued)
		E-COMMERCE DISCRETIONARY - 4.3%
	3,170	Amazon.com, Inc.(a)	$	590,667
	39	MercadoLibre, Inc.(a)		80,027
	527	PDD Holdings, Inc. - ADR(a)(b)		71,045
				741,739
		ELECTRIC UTILITIES - 0.9%
	407	American Electric Power Company, Inc.		41,758
	243	Constellation Energy Corporation		63,185
	776	Exelon Corporation		31,467
	433	Xcel Energy, Inc.		28,275
				164,685
		ENTERTAINMENT CONTENT - 0.4%
	205	Electronic Arts, Inc.(b)		29,405
	132	Take-Two Interactive Software, Inc.(a)		20,290
	1,956	Warner Bros Discovery, Inc.(a)		16,137
				65,832
		FOOD - 0.6%
	941	Kraft Heinz Company (The)		33,039
	1,036	Mondelez International, Inc., A		76,322
				109,361
		INDUSTRIAL SUPPORT SERVICES - 0.2%
	445	Fastenal Company(b)		31,782
		INTERNET MEDIA & SERVICES - 9.3%
	342	Airbnb, Inc., Class A(a)		43,369
	1,768	Alphabet, Inc., Class A		293,222
	1,691	Alphabet, Inc., Class C		282,718
	26	Booking Holdings, Inc.		109,515
	298	DoorDash, Inc., Class A(a)(b)		42,534
	1,049	Meta Platforms, Inc., Class A		600,489
	332	Netflix, Inc.(a)		235,478
				1,607,325
		LEISURE FACILITIES & SERVICES - 0.8%
	221	Marriott International, Inc., Class A		54,941

CATALYST NASDAQ-100 HEDGED EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 68.2% (Continued)
		LEISURE FACILITIES & SERVICES - 0.8% (Continued)
	875	Starbucks Corporation(b)	$	85,303
				140,244
		MEDICAL EQUIPMENT & DEVICES - 1.4%
	307	DexCom, Inc.(a)		20,581
	355	GE HealthCare Technologies, Inc.(b)		33,317
	64	IDEXX Laboratories, Inc.(a)		32,334
	124	Illumina, Inc.(a)		16,171
	274	Intuitive Surgical, Inc.(a)		134,608
				237,011
		OIL & GAS PRODUCERS - 0.1%
	138	Diamondback Energy, Inc.		23,791
		OIL & GAS SERVICES & EQUIPMENT - 0.2%
	777	Baker Hughes Company		28,089
		RETAIL - CONSUMER STAPLES - 1.8%
	342	Costco Wholesale Corporation		303,190
	170	Dollar Tree, Inc.(a)(b)		11,954
				315,144
		RETAIL - DISCRETIONARY - 0.7%
	94	Lululemon Athletica, Inc.(a)(b)		25,507
	46	O’Reilly Automotive, Inc.(a)		52,973
	260	Ross Stores, Inc.		39,133
				117,613
		SEMICONDUCTORS - 16.3%
	1,250	Advanced Micro Devices, Inc.(a)		205,100
	384	Analog Devices, Inc.		88,385
	651	Applied Materials, Inc.		131,535
	92	ARM Holdings PLC - ADR(a)(b)		13,157
	71	ASML Holding N.V.		59,160
	3,622	Broadcom, Inc.		624,795
	430	GLOBALFOUNDRIES, Inc.(a)(b)		17,308
	3,322	Intel Corporation		77,934
	105	KLA Corporation		81,313

CATALYST NASDAQ-100 HEDGED EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 68.2% (Continued)
		SEMICONDUCTORS - 16.3% (Continued)
	103	Lam Research Corporation	$	84,056
	677	Marvell Technology, Inc.		48,825
	421	Microchip Technology, Inc.		33,802
	870	Micron Technology, Inc.		90,228
	7,366	NVIDIA Corporation		894,526
	199	NXP Semiconductors N.V.		47,762
	338	ON Semiconductor Corporation(a)		24,542
	862	QUALCOMM, Inc.		146,583
	705	Texas Instruments, Inc.		145,632
				2,814,643
		SOFTWARE - 10.5%
	348	Adobe, Inc.(a)		180,187
	68	ANSYS, Inc.(a)		21,667
	123	Atlassian Corporation, Class A(a)		19,534
	167	Autodesk, Inc.(a)		46,005
	212	Cadence Design Systems, Inc.(a)		57,458
	180	Crowdstrike Holdings, Inc., Class A(a)		50,485
	240	Datadog, Inc., Class A(a)		27,614
	593	Fortinet, Inc.(a)		45,987
	218	Intuit, Inc.		135,378
	2,239	Microsoft Corporation		963,443
	58	MongoDB, Inc.(a)		15,680
	251	Palo Alto Networks, Inc.(a)		85,792
	82	Roper Technologies, Inc.		45,628
	119	Synopsys, Inc.(a)		60,260
	163	Workday, Inc., Class A(a)		39,839
	117	Zscaler, Inc.(a)		20,000
				1,814,957
		TECHNOLOGY HARDWARE - 7.3%
	4,612	Apple, Inc.		1,074,596
	3,140	Cisco Systems, Inc.		167,111
	48	Super Micro Computer, Inc.(a)(b)		19,987
				1,261,694

CATALYST NASDAQ-100 HEDGED EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 68.2% (Continued)
		TECHNOLOGY SERVICES - 1.7%
	316	Automatic Data Processing, Inc.	$	87,447
	105	CDW Corporation		23,762
	386	Cognizant Technology Solutions Corporation, Class A		29,791
	319	CoStar Group, Inc.(a)		24,065
	279	Paychex, Inc.(b)		37,439
	812	PayPal Holdings, Inc.(a)		63,360
	110	Verisk Analytics, Inc.		29,476
				295,340
		TELECOMMUNICATIONS - 1.1%
	908	T-Mobile US, Inc.		187,375
		TRANSPORTATION & LOGISTICS - 0.5%
	1,519	CSX Corporation		52,451
	173	Old Dominion Freight Line, Inc.		34,365
				86,816
		TRANSPORTATION EQUIPMENT - 0.2%
	409	PACCAR, Inc.		40,360
		WHOLESALE - DISCRETIONARY - 0.2%
	748	Copart, Inc.(a)		39,195
		TOTAL COMMON STOCKS (Cost $8,672,470)		11,814,531
		EXCHANGE-TRADED FUNDS — 22.0%
		EQUITY - 22.0%
	7,816	Invesco QQQ Trust Series 1		3,814,755
		TOTAL EXCHANGE-TRADED FUNDS (Cost $3,357,803)

CATALYST NASDAQ-100 HEDGED EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		SHORT-TERM INVESTMENTS — 9.5%
		COLLATERAL FOR SECURITIES LOANED - 3.0%
	524,999	Mount Vernon Liquid Assets Portfolio, 4.95% (Cost $524,999)(c),(d)	$	524,999
		MONEY MARKET FUNDS - 6.5%
	1,130,149	First American Treasury Obligations Fund, Class X, 4.81% (Cost $1,130,149)(d)		1,130,149
		TOTAL SHORT-TERM INVESTMENTS (Cost $1,655,148)		1,655,148

Contracts(e)			Counterparty	Expiration Date	Exercise Price		Notional Value
		FUTURE OPTIONS PURCHASED - 1.3%
		CALL OPTIONS PURCHASED - 1.0%
	38	S&P E-mini 3rd Week Future	WED	10/18/2024	$	5,770	$	11,047,075	$	176,700
		TOTAL CALL OPTIONS PURCHASED (Cost - $97,375)
		PUT OPTIONS PURCHASED - 0.3%
	43	Nasdaq 100 E-mini 3rd Week Future	WED	10/18/2024	$	18,500	$	17,424,675	$	26,445
	16	S&P E-mini 3rd Week Future	WED	10/18/2024		5,550		4,651,400		11,600
		TOTAL PUT OPTIONS PURCHASED (Cost - $494,945)								38,045
		TOTAL FUTURE OPTIONS PURCHASED (Cost - $592,320)								214,745
		TOTAL INVESTMENTS - 101.0% (Cost $14,277,741)							$	17,499,179
		CALL OPTIONS WRITTEN - (1.4)% (Premiums received - $153,000)								(222,400	)
		PUT OPTIONS WRITTEN - 0.0% (Premiums received - $134,875)								(6,020	)
		OTHER ASSETS IN EXCESS OF LIABILITIES - 0.4%								66,883
		NET ASSETS - 100.0%							$	17,337,642
Contracts(e)			Counterparty	Expiration Date	Exercise Price		Notional Value		Fair Value
		WRITTEN FUTURE OPTIONS - (1.4)%
		CALL OPTIONS WRITTEN- (1.4)%
	16	S&P E-mini 3rd Week Future	WED	10/18/2024	$	5,550	$	4,651,400	$	222,400
		TOTAL CALL OPTIONS WRITTEN (Premiums received - $153,000)
		PUT OPTIONS WRITTEN - 0.0%(f)
	43	Nasdaq 100 E-mini 3rd Week Future	WED	10/18/2024	$	16,500	$	17,424,675		6,020
		TOTAL PUT OPTIONS WRITTEN (Premiums received - $134,875)

CATALYST NASDAQ-100 HEDGED EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

	Fair Value
TOTAL FUTURE OPTIONS WRITTEN (Premiums received - $287,875)	$	228,420

OPEN FUTURES CONTRACTS
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount(g)		Value and Unrealized Appreciation
	18	CBOE Volatility Index Future	10/16/2024	$	339,165	$	14,765
	38	CBOE Volatility Index Future	11/21/2024		687,705		8,318
		TOTAL FUTURES CONTRACTS				$	23,083

ADR	- American Depositary Receipt
N.V.	- Naamioze Vennootschap
PLC	- Public Limited Company
WED	- Wedbush Securities

^(a) Non-income producing security.

^(b) All or a portion of the security is on loan. The total fair value of the securities on loan as of September 30, 2024 was $512,659.

^(c) Security was purchased with cash received as collateral for securities on loan at September 30, 2024. Total collateral had a value of $524,999 at September 30, 2024.

^(d) Rate disclosed is the seven-day effective yield as of September 30, 2024.

^(e) Each contract is equivalent to one futures contract.

^(f) Percentage rounds to greater than (0.1%).

^(g) The amounts shown are the underlying reference notional amounts to stock exchange indices and equities upon which the fair value of the futures contracts held by the Fund are based. Notional values do not represent the current fair value of and are not necessarily indicative of the future cash flows of the Fund’s futures contracts. Further, the underlying price changes in relation to the variables specified by the notional values affects the fair value of these derivative financial instruments. The notional values as set forth within this schedule do not purport to represent economic value at risk to the Fund.

CATALYST/MAP GLOBAL EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 92.6%
		AEROSPACE & DEFENSE - 2.0%
	68,840	Kratos Defense & Security Solutions, Inc.(a) (d)	$	1,603,972
		BEVERAGES - 4.2%
	55,000	Arca Continental COM NPV		513,935
	5,739	Diageo plc - ADR		805,411
	4,950,000	Thai Beverage PCL		2,060,590
				3,379,936
		BIOTECH & PHARMA - 12.7%
	11,900	Johnson & Johnson		1,928,514
	22,002	Novartis A.G. - ADR		2,530,670
	59,750	Sanofi - ADR		3,443,393
	155,000	Takeda Pharmaceutical Company Ltd. - ADR		2,204,100
				10,106,677
		CHEMICALS - 1.7%
	50,000	Mosaic Company (The)		1,339,000
		CONSTRUCTION MATERIALS - 5.8%
	25,180	Holcim A.G.(b)		2,456,411
	82,010	MDU Resources Group, Inc.		2,247,894
				4,704,305
		DIVERSIFIED INDUSTRIALS - 0.5%
	1,919	Honeywell International, Inc.		396,676
		E-COMMERCE DISCRETIONARY - 2.1%
	25,853	eBay, Inc. (d)		1,683,289
		ENGINEERING & CONSTRUCTION - 3.3%
	56,675	Tetra Tech, Inc.		2,672,793
		ENTERTAINMENT CONTENT - 6.3%
	5,919	Electronic Arts, Inc.		849,021
	256,280	Vivendi S.A.(b)		2,962,016
	16,000	Vivendi S.A. - ADR		184,000

CATALYST/MAP GLOBAL EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 92.6% (Continued)
		ENTERTAINMENT CONTENT - 6.3% (Continued)
	11,567	Walt Disney Company (The)	$	1,112,630
				5,107,667
		FOOD - 4.6%
	169,700	GrainCorp Ltd.		1,079,472
	26,000	Nestle S.A. - ADR		2,617,420
				3,696,892
		GAS & WATER UTILITIES - 2.1%
	28,270	National Fuel Gas Company		1,713,445
		HOME CONSTRUCTION - 0.7%
	6,000	Fortune Brands Innovations, Inc.		537,180
		HOUSEHOLD PRODUCTS - 1.5%
	18,960	Unilever plc - ADR		1,231,642
		INTERNET MEDIA & SERVICES - 4.9%
	4,764	Alphabet, Inc., Class C		796,493
	5,428	Meta Platforms, Inc., Class A		3,107,204
				3,903,697
		LEISURE FACILITIES & SERVICES - 1.6%
	80,000	Arcos Dorados Holdings, Inc., Class A		697,600
	5,500	Live Nation Entertainment, Inc.(a)		602,195
				1,299,795
		MEDICAL EQUIPMENT & DEVICES - 3.0%
	26,425	Medtronic PLC		2,379,043
		METALS & MINING - 2.4%
	16,900	Freeport-McMoRan, Inc.		843,648
	188,340	Grupo Mexico S.A.B. de C.V. - Series B		1,052,286
				1,895,934
		OIL & GAS PRODUCERS - 3.5%
	28,780	BP PLC - ADR		903,404
	12,827	Chevron Corporation		1,889,032
				2,792,436

CATALYST/MAP GLOBAL EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 92.6% (Continued)
		RETAIL - CONSUMER STAPLES - 4.8%
	9,000	PriceSmart, Inc.	$	826,020
	36,819	Walmart, Inc.		2,973,134
				3,799,154
		RETAIL - DISCRETIONARY - 1.1%
	2,104	Home Depot, Inc. (The)		852,541
		SEMICONDUCTORS - 4.1%
	6,354	Applied Materials, Inc.		1,283,825
	46,200	Intel Corporation		1,083,852
	9,098	Micron Technology, Inc.		943,554
				3,311,231
		SOFTWARE - 3.8%
	7,110	Microsoft Corporation		3,059,433
		TECHNOLOGY HARDWARE - 5.1%
	7,272	Apple, Inc.		1,694,376
	44,810	Cisco Systems, Inc.		2,384,788
				4,079,164
		TECHNOLOGY SERVICES - 0.9%
	8,688	Fidelity National Information Services, Inc.		727,620
		TELECOMMUNICATIONS - 3.9%
	62,300	AT&T, Inc.		1,370,600
	152,000	Orange S.A. - ADR		1,744,960
				3,115,560
		TOBACCO & CANNABIS - 3.6%
	18,800,000	Hanjaya Mandala Sampoerna Tbk P.T.		943,788
	67,000	Imperial Brands plc - ADR		1,947,690
				2,891,478

CATALYST/MAP GLOBAL EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 92.6% (Continued)
		WHOLESALE - CONSUMER STAPLES - 2.4%
	20,003	Bunge Global S.A.	$	1,933,090
		TOTAL COMMON STOCKS (Cost $54,851,961)	$	74,213,650
		EXCHANGE-TRADED FUNDS — 6.2%
		COMMODITY - 4.3%
	65,000	SPDR Gold MiniShares Trust(a)		3,388,450
		FIXED INCOME - 1.9%
	16,800	SPDR Bloomberg 1-3 Month T-Bill ETF		1,542,408
		TOTAL EXCHANGE-TRADED FUNDS (Cost $4,021,925)		4,930,858

Shares			Coupon Rate (%)	Maturity	Fair Value
		PREFERRED STOCKS — 0.5%
		HOUSEHOLD PRODUCTS — 0.5%
	4,000	Henkel A.G. & Company KGaA(b)	2.18			375,905
		TOTAL PREFERRED STOCKS (Cost $355,491)				375,905
		SHORT-TERM INVESTMENT — 1.2%
		MONEY MARKET FUND - 1.2%
	963,641	First American Treasury Obligations Fund, Class X, 4.81% (Cost $963,641)(c)				963,641
		TOTAL INVESTMENTS - 100.5% (Cost $60,193,018)			$	80,484,054
		WRITTEN EQUITY OPTIONS - (0.4)% (Proceeds received - $152,153)				(325,908	)
		LIABILITIES IN EXCESS OF OTHER ASSETS - (0.1)%				(50,850	)
		NET ASSETS - 100.0%			$	80,107,296

CATALYST/MAP GLOBAL EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Contracts(e)			Counterparty	Expiration Date	Exercise Price		Notional Value		Fair Value
		WRITTEN EQUITY OPTIONS - (0.4)%
		CALL OPTIONS WRITTEN- (0.4)%
	623	AT&T, Inc.	Pershing	01/17/2025	$	21	$	1,370,600	$	90,958
	250	eBay, Inc.	Pershing	01/17/2025		63		1,627,750		142,250
	300	Kratos Defense & Security Solutions, Inc.	Pershing	02/21/2025		25		699,000		58,500
	300	Kratos Defense & Security Solutions, Inc.	Pershing	02/21/2025		28		699,000		34,200
		TOTAL CALL OPTIONS WRITTEN (Proceeds - $152,153)								325,908
		TOTAL EQUITY OPTIONS WRITTEN (Proceeds - $152,153)							$	325,908

ADR	- American Depositary Receipt
ETF	- Exchange-Traded Fund
LTD	- Limited Company
PLC	- Public Limited Company
PT	- Perseroan Terbatas
S/A	- Société Anonyme
SPDR	- Standard & Poor’s Depositary Receipt

^(a) Non-income producing security.

^(b) The value of this security has been determined in good faith under policies of the Board of Trustees.

^(c) Rate disclosed is the seven day effective yield as of September 30, 2024.

^(d) All or a portion of this security is being held as collateral for Written Equity Options.

^(e) Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security.

CATALYST/LYONS TACTICAL ALLOCATION FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 98.2%
		APPAREL & TEXTILE PRODUCTS - 4.2%
	7,908	Crocs, Inc.(a)	$	1,145,157
		BEVERAGES - 1.7%
	15,028	Celsius Holdings, Inc.(a)		471,278
		COMMERCIAL SUPPORT SERVICES - 3.8%
	4,907	Waste Management, Inc.		1,018,693
		ELECTRICAL EQUIPMENT - 8.3%
	1,969	Lennox International, Inc.		1,189,847
	10,689	Vertiv Holdings Company		1,063,449
				2,253,296
		HEALTH CARE FACILITIES & SERVICES - 18.5%
	4,736	Cencora, Inc.		1,065,979
	2,009	Chemed Corporation		1,207,349
	3,492	HCA Healthcare, Inc.		1,419,253
	2,223	UnitedHealth Group, Inc.		1,299,744
				4,992,325
		INDUSTRIAL INTERMEDIATE PROD - 5.3%
	19,274	Mueller Industries, Inc.		1,428,203
		INDUSTRIAL SUPPORT SERVICES - 4.6%
	1,186	WW Grainger, Inc.		1,232,029
		INTERNET MEDIA & SERVICES - 4.1%
	1,933	Meta Platforms, Inc., Class A		1,106,527
		LEISURE FACILITIES & SERVICES - 7.0%
	5,101	Darden Restaurants, Inc.		837,227
	4,287	Marriott International, Inc., Class A		1,065,748
				1,902,975
		RETAIL - CONSUMER STAPLES - 6.1%
	1,171	Costco Wholesale Corporation		1,038,115

CATALYST/LYONS TACTICAL ALLOCATION FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 98.2% (Continued)
		RETAIL - CONSUMER STAPLES - 6.1% (Continued)
	7,162	Dollar General Corporation	$	605,690
				1,643,805
		RETAIL - DISCRETIONARY - 8.9%
	376	AutoZone, Inc.(a)		1,184,415
	7,384	Penske Automotive Group, Inc.		1,199,310
				2,383,725
		SEMICONDUCTORS - 3.2%
	1,130	KLA Corporation		875,083
		SOFTWARE - 6.5%
	3,031	Cadence Design Systems, Inc.(a)		821,492
	2,149	Microsoft Corporation		924,715
				1,746,207
		STEEL - 3.7%
	8,005	Steel Dynamics, Inc.		1,009,270
		TECHNOLOGY HARDWARE - 3.8%
	4,448	Apple, Inc.		1,036,384
		TECHNOLOGY SERVICES - 8.5%
	5,264	Broadridge Financial Solutions, Inc.		1,131,918
	5,413	Insight Enterprises, Inc.(a)		1,165,906
				2,297,824
		TOTAL COMMON STOCKS (Cost $22,609,221)		26,542,781
		SHORT-TERM INVESTMENT — 1.7%
		MONEY MARKET FUND - 1.7%
	452,457	First American Treasury Obligations Fund, Class X, 4.81% (Cost $452,457)(b)		452,457
		TOTAL INVESTMENTS - 99.9% (Cost $23,061,678)	$	26,995,238
		OTHER ASSETS IN EXCESS OF LIABILITIES - 0.1%		13,724
		NET ASSETS - 100.0%	$	27,008,962

^(a) Non-income producing security.

^(b) Rate disclosed is the seven day effective yield as of September 30, 2024.

CATALYST/MAP GLOBAL BALANCED FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 48.2%
		BEVERAGES - 1.7%
	600,000	Thai Beverage PCL	$	249,769
		BIOTECH & PHARMA - 8.5%
	1,960	Johnson & Johnson		317,637
	1,740	Novartis A.G.		200,135
	7,528	Sanofi S.A.		433,838
	23,000	Takeda Pharmaceutical Company Ltd.		327,060
				1,278,670
		CHEMICALS - 0.7%
	4,190	Mosaic Company		112,208
		CONSTRUCTION MATERIALS - 3.9%
	3,930	Holcim A.G.		383,388
	7,000	MDU Resources Group, Inc.		191,870
				575,258
		E-COMMERCE DISCRETIONARY - 1.5%
	3,500	eBay, Inc.(a)		227,885
		ENGINEERING & CONSTRUCTION - 1.7%
	5,285	Tetra Tech, Inc.		249,241
		ENTERTAINMENT CONTENT - 2.9%
	37,700	Vivendi S.E.		435,727
		FOOD - 2.4%
	3,533	Nestle S.A.		355,667
		GAS & WATER UTILITIES - 2.2%
	5,575	National Fuel Gas Company		337,901
		HOUSEHOLD PRODUCTS - 1.6%
	3,800	Unilever PLC		246,848

CATALYST/MAP GLOBAL BALANCED FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 48.2% (Continued)
		INTERNET MEDIA & SERVICES - 0.6%
	153	Meta Platforms, Inc., Class A	$	87,583
		MEDICAL EQUIPMENT & DEVICES - 1.5%
	2,495	Medtronic PLC		224,625
		METALS & MINING - 0.4%
	12,000	Grupo Mexico S.A.B. de C.V.		67,046
		OIL & GAS PRODUCERS - 1.4%
	1,970	BP PLC		61,838
	1,000	Chevron Corporation		147,270
				209,108
		RETAIL - DISCRETIONARY - 0.9%
	323	Home Depot, Inc. (The)		130,880
		SEMICONDUCTORS - 1.9%
	600	Applied Materials, Inc.		121,230
	1,630	Micron Technology, Inc.		169,047
				290,277
		SOFTWARE - 3.4%
	1,190	Microsoft Corporation		512,057
		TECHNOLOGY HARDWARE - 3.4%
	650	Apple, Inc.		151,450
	6,825	Cisco Systems, Inc.		363,226
				514,676
		TELECOMMUNICATIONS - 2.7%
	5,000	AT&T, Inc.(a)		110,000
	26,340	Orange S.A.		302,383
				412,383
		TOBACCO & CANNABIS - 2.9%
	15,000	Imperial Brands PLC		436,051

CATALYST/MAP GLOBAL BALANCED FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 48.2% (Continued)
		WHOLESALE - CONSUMER STAPLES - 2.0%
	3,217	Bunge Global S.A.	$	310,890
		TOTAL COMMON STOCKS (Cost $5,180,330)		7,264,750
		EXCHANGE-TRADED FUNDS — 2.9%
		COMMODITY - 2.9%
	8,500	SPDR Gold MiniShares Trust(b)		443,105
		TOTAL EXCHANGE-TRADED FUNDS (Cost $314,458)

Principal Amount ($)			Coupon Rate (%)	Maturity
		CORPORATE BONDS — 43.1%
		AEROSPACE & DEFENSE — 3.3%
	250,000	Boeing Company (The)	4.8750	05/01/25	249,111
	250,000	Hexcel Corporation(c)	4.9500	08/15/25	249,065
					498,176
		AUTOMOTIVE — 4.3%
	200,000	Ford Motor Credit Company, LLC	2.3000	02/10/25	197,780
	250,000	Ford Motor Credit Company, LLC	4.1340	08/04/25	247,737
	200,000	Honda Motor Company Ltd.	2.5340	03/10/27	193,095
					638,612
		BANKING — 1.3%
	200,000	Sumitomo Mitsui Financial Group, Inc.	1.4740	07/08/25	195,417
		CHEMICALS — 4.1%
	250,000	Methanex Corporation	4.2500	12/01/24	249,299
	222,000	Nutrien Ltd.	5.9000	11/07/24	222,112
	150,000	Nutrien Ltd.	3.0000	04/01/25	148,827
					620,238
		CONTAINERS & PACKAGING — 1.2%
	175,000	Ball Corporation	5.2500	07/01/25	175,419

CATALYST/MAP GLOBAL BALANCED FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		CORPORATE BONDS — 43.1% (Continued)
		ELECTRIC UTILITIES — 0.6%
	100,000	DTE Energy Company	1.0500	06/01/25	$	97,592
		ELECTRICAL EQUIPMENT — 1.7%
	250,000	Legrand France S.A.	8.5000	02/15/25		252,805
		LEISURE FACILITIES & SERVICES — 1.8%
	275,000	Las Vegas Sands Corporation	2.9000	06/25/25		270,375
		OIL & GAS PRODUCERS — 5.2%
	275,000	Canadian Natural Resources Ltd.	2.0500	07/15/25		269,086
	250,000	Petroleos Mexicanos	4.2500	01/15/25		248,283
	275,000	Range Resources Corporation	4.8750	05/15/25		273,830
						791,199
		REAL ESTATE INVESTMENT TRUSTS — 1.7%
	250,000	GLP Capital, L.P. / GLP Financing II, Inc.	5.2500	06/01/25		249,990
		RETAIL - DISCRETIONARY — 1.3%
	200,000	Kohl’s Corporation	4.2500	07/17/25		197,883
		SEMICONDUCTORS — 0.8%
	125,000	NXP BV / NXP Funding, LLC / NXP USA, Inc.	2.7000	05/01/25		123,297
		SPECIALTY FINANCE — 3.0%
	250,000	Ally Financial, Inc.	5.7500	11/20/25		251,463
	200,000	Synchrony Financial	4.5000	07/23/25		198,804
						450,267
		STEEL — 2.0%
	300,000	ArcelorMittal S.A.	6.1250	06/01/25		301,657
		TECHNOLOGY HARDWARE — 4.6%
	225,000	NetApp, Inc.	1.8750	06/22/25		220,391
	475,000	Seagate HDD Cayman	4.7500	01/01/25		473,232
						693,623

CATALYST/MAP GLOBAL BALANCED FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		CORPORATE BONDS — 43.1% (Continued)
		TOBACCO & CANNABIS — 2.7% (Continued)
	250,000	BAT International Finance PLC	1.6680	03/25/26	$	240,249
	175,000	Reynolds American, Inc.	4.4500	06/12/25		174,504
						414,753
		TRANSPORTATION & LOGISTICS — 3.5%
	325,000	Canadian Pacific Railway Company	1.3500	12/02/24		322,921
	200,000	Ryder System, Inc.	4.6250	06/01/25		199,675
						522,596
		TOTAL CORPORATE BONDS (Cost $6,471,661)				6,493,899
		U.S. GOVERNMENT & AGENCIES — 2.7%
		U.S. TREASURY NOTES — 2.7%
	405,000	United States Treasury Note	2.5000	01/31/25		402,315
		TOTAL U.S. GOVERNMENT & AGENCIES (Cost $402,520)
		CERTIFICATE OF DEPOSIT — 0.8%
		BANKING - 0.8%
	125,000	American Express National Bank	5.2500	03/24/25		125,456
		TOTAL CERTIFICATE OF DEPOSIT (Cost $125,000)
	Shares
		SHORT-TERM INVESTMENTS — 3.6%
		MONEY MARKET FUNDS - 3.6%
	544,268	First American Treasury Obligations Fund, Class X, 4.81% (Cost $544,268)(d)				544,268
		TOTAL INVESTMENTS - 101.3% (Cost $13,038,237)			$	15,273,793
		CALL OPTIONS WRITTEN - (0.2)% (Premiums received - $8,061)				(27,215	)
		LIABILITIES IN EXCESS OF OTHER ASSETS - (1.1)%				(163,073	)
		NET ASSETS - 100.0%			$	15,083,505

CATALYST/MAP GLOBAL BALANCED FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Contracts(e)			Expiration Date	Exercise Price		Notional Value		Fair Value
		WRITTEN EQUITY OPTIONS - (0.2)%
		CALL OPTIONS WRITTEN- (0.2)%
	50	AT&T, Inc.	01/17/2025	$	21.00	$	110,000	$	7,300
	35	eBay, Inc.	01/17/2025		62.50		227,885		19,915
		TOTAL CALL OPTIONS WRITTEN (Proceeds - $8,061)							27,215

ADR	- American Depositary Receipt
A.G.	- Aktiengesellschaft
LLC	- Limited Liability Company
Ltd.	- Limited Company
PCL	- Public Company Limited
PLC	- Public Limited Company
REIT	- Real Estate Investment Trust
S.A.	- Société Anonyme
S.E.	- Societas Europea
SPDR	- Standard & Poor’s Depositary Receipt

(a)	All or a portion of this security is segregated as collateral for and is subject to call options written.
(b)	Non-income producing security.
(c)	Rate disclosed is the seven-day effective yield as of September 30, 2024.
(d)	Step bond. Coupon rate is a fixed rate that changes on a specified date. The rate shown is the current rate at September 30, 2024.
(e)	Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security.

CATALYST/MILLBURN HEDGE STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		EXCHANGE-TRADED FUNDS — 50.3%
		EQUITY - 50.3%
	1,653,738	Dimensional Emerging Core Equity Market ETF	$	45,328,959
	1,637,357	Dimensional International Core Equity 2 ETF		46,075,226
	2,976,749	Dimensional US Core Equity 2 ETF		102,072,723
	1,025,382	Dimensional US High Profitability ETF		34,934,765
	7,593,469	iShares Core S&P Mid-Cap ETF		473,224,987
	2,023,775	iShares Core S&P Small-Cap ETF		236,700,724
	721,216	iShares MSCI Australia ETF		19,552,166
	623,630	iShares MSCI Brazil ETF		18,390,849
	456,905	iShares MSCI Canada ETF		18,970,696
	234,222	iShares MSCI France ETF		9,462,569
	633,330	iShares MSCI Hong Kong ETF		11,817,938
	2,030,303	iShares MSCI India ETF(a)		118,833,635
	1,445,978	iShares MSCI Intl Quality Factor ETF		59,993,627
	820,781	iShares MSCI Japan ETF		58,718,673
	181,588	iShares MSCI Malaysia ETF		4,911,955
	357,229	iShares MSCI Mexico ETF		19,186,770
	490,435	iShares MSCI Singapore ETF		10,863,135
	126,365	iShares MSCI South Africa ETF		6,368,796
	275,625	iShares MSCI Spain ETF		9,726,806
	483,491	iShares MSCI Switzerland ETF		25,189,881
	1,019,176	iShares MSCI Taiwan ETF		54,903,011
	66,403	iShares MSCI Thailand ETF		4,600,400
	102,205	iShares MSCI Turkey ETF		3,718,218
	1,677,481	iShares MSCI United Kingdom ETF		62,754,564
	3,470,558	iShares MSCI USA Min Vol Factor ETF		316,896,651
	209,008	iShares MSCI USA Quality Factor ETF		37,475,134
	1,527,628	iShares Russell 1000 ETF		480,270,966
	1,496,192	iShares Russell 2000 ETF		330,493,851
	719,519	iShares Russell Mid-Cap ETF		63,418,405
	480,808	SPDR S&P 500 ETF Trust		275,868,398
	6,250,375	Vanguard FTSE Emerging Markets ETF		299,080,444
	104,073	Vanguard FTSE Europe ETF		7,399,590
	410,501	Vanguard Large-Cap ETF		108,080,808
	384,454	Vanguard Mid-Cap ETF		101,430,499

CATALYST/MILLBURN HEDGE STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		EXCHANGE-TRADED FUNDS — 50.3% (Continued)
		EQUITY - 50.3% (Continued)
	981,947	Vanguard Real Estate ETF	$	95,661,277
	238,646	Vanguard S&P 500 ETF		125,926,335
	316,995	Vanguard Small-Cap ETF		75,194,384
	384,368	WisdomTree India Earnings Fund(a)		19,395,209
				3,792,893,024
		TOTAL EXCHANGE-TRADED FUNDS (Cost $2,699,965,147)		3,792,893,024

Principal Amount ($)			Coupon Rate (%)	Maturity
		U.S. GOVERNMENT & AGENCIES — 38.4%
		U.S. TREASURY NOTES — 38.4%
	1,311,159,000	United States Treasury Note(d)(e)	2.2500	11/15/24			1,306,957,876
	954,818,000	United States Treasury Note(d)(e)	2.0000	02/15/25			945,981,360
	652,994,000	United States Treasury Note(d)(e)	2.1250	05/15/25			644,467,799
							2,897,407,035
		TOTAL U.S. GOVERNMENT & AGENCIES (Cost $2,894,236,165)					2,897,407,035
Shares
		SHORT-TERM INVESTMENTS — 7.9%
		MONEY MARKET FUNDS - 7.9%
	592,015,301	First American Treasury Obligations Fund, Class X, 4.81%(b)(d)					592,015,301
		TOTAL SHORT-TERM INVESTMENTS (Cost $592,015,301)					592,015,301
		TOTAL INVESTMENTS - 96.6% (Cost $6,186,216,613)				$	7,282,315,360
		OTHER ASSETS IN EXCESS OF LIABILITIES- 3.4%					255,337,400
		NET ASSETS - 100.0%				$	7,537,652,760
OPEN FUTURES CONTRACTS
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount(c)		Value and Unrealized Appreciation (Depreciation)
	4,772	3 Month Euro Euribor Future	06/16/2025	$	1,302,191,181	$	4,775,165

CATALYST/MILLBURN HEDGE STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount(c)		Value and Unrealized Appreciation (Depreciation)
	4,330	3 Month Euro Euribor Future	09/15/2025	$	1,183,084,150	$	4,814,101
	3,791	3 Month Euro Euribor Future	12/15/2025		1,036,182,747		3,373,358
	3,149	3 Month Euro Euribor Future	03/16/2026		860,531,483		3,026,180
	2,350	3 Month Euro Euribor Future	06/15/2026		641,926,010		1,851,481
	1,843	3 Month Euro Euribor Future	09/14/2026		503,177,374		1,433,803
	1,356	3 Month Euro Euribor Future	12/15/2026		370,046,376		735,861
	1	Carbon Emissions Future(d)	12/16/2024		72,999		(444	)
	7,780	CBOT 10 Year US Treasury Note Future	12/20/2024		889,108,125		(3,999,797	)
	8,510	CBOT 2 Year US Treasury Note Future	01/01/2025		1,772,141,020		(2,544,968	)
	4,261	CBOT 5 Year US Treasury Note Future	01/01/2025		468,210,666		(1,217,851	)
	456	CBOT Soybean Meal Future(d)	12/16/2024		15,576,960		(52,590	)
	851	CBOT US Treasure Bond Futures	12/20/2024		105,683,563		(445,281	)
	1,242	CME E-Mini NASDAQ 100 Index Future	12/23/2024		503,289,449		1,628,954
	935	CME E-mini Russell 2000 Index Futures	12/23/2024		105,150,100		432,815
	1,897	CME E-Mini Standard & Poor’s 500 Index Future	12/23/2024		551,481,612		2,418,699
	240	CME E-Mini Standard & Poor’s MidCap 400 Index Future	12/23/2024		75,566,400		92,950
	1,673	CME Mexican Peso Currency Future	12/17/2024		42,050,855		(7,675	)
	843	COMEX Copper Future(d)	12/30/2024		95,954,475		394,125
	1,973	COMEX Gold 100 Troy Ounces Future(d)	12/30/2024		524,699,620		13,142,000
	109	COMEX Silver Future(d)	12/30/2024		17,144,610		(373,090	)
	916	E-mini Dow Jones Industrial Average Index Futures	12/23/2024		195,304,939		483,399
	171	Eurex 30 Year Euro BUXL Future	12/09/2024		25,947,979		6,436
	308	Eurex DAX Index Future	12/23/2024		167,212,003		880,923
	5,261	Euro-BTP Italian Bond Futures	12/09/2024		711,561,819		9,289,321
	1,653	FTSE 100 Index Future	12/23/2024		183,179,230		(650,469	)
	272	FTSE/MIB Index Future	12/23/2024		51,566,730		(664,023	)
	2,120	HKG Hang Seng China Enterprises Index Future	10/31/2024		103,019,061		8,559,649
	782	HKG Hang Seng Index Future	10/31/2024		107,024,896		9,175,470
	1,008	ICE Brent Crude Oil Future(d)	10/31/2024		72,273,600		(871,140	)
	61	ICE Gas Oil Future(d)	12/13/2024		4,004,650		8,600
	22	ICE US mini MSCI EAFE Index Futures	12/23/2024		2,736,580		(12,710	)
	2,706	ICE US MSCI Emerging Markets EM Index Futures	12/23/2024		158,666,310		(660,475	)
	969	IFSC NIFTY 50 Index Futures	11/01/2024		50,400,597		(504,527	)
	24	LME Copper Future(d)	12/17/2024		5,892,210		(89,303	)
	351	MEFF Madrid IBEX 35 Index Future	10/21/2024		46,474,573		487,943
	746	Montreal Exchange 10 Year Canadian Bond Future	12/19/2024		68,961,599		152,129
	352	Montreal Exchange S&P/TSX 60 Index Future	12/20/2024		75,194,120		162,331
	276	NYBOT CSC C Coffee Future(d)	12/19/2024		27,970,875		1,372,331
	67	NYBOT CSC Cocoa Future(d)	12/16/2024		5,173,740		(101,750	)
	560	NYBOT CSC Number 11 World Sugar Future(d)	02/28/2025		14,093,184		43,613
	487	NYMEX Henry Hub Natural Gas Futures(d)	11/27/2024		16,290,150		415,220
	1,572	NYMEX Light Sweet Crude Oil Future(d)	10/23/2024		107,163,240		(3,799,250	)
	228	NYMEX Light Sweet Crude Oil Future(d)	11/21/2024		15,451,560		(12,580	)
	40	NYMEX Platinum Future(d)	01/30/2025		1,982,200		14,980
	166	NYMEX Reformulated Gasoline Blendstock for Oxygen Future(d)	12/02/2024		13,290,026		(357,861	)

CATALYST/MILLBURN HEDGE STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount(c)		Value and Unrealized Appreciation (Depreciation)
	897	SGX FTSE China A50 Futures Contract	10/31/2024	$	12,468,300	$	1,332,703
	944	SGX FTSE Taiwan Index Futures	10/31/2024		70,460,160		(1,463,900	)
	170	SGX Nikkei 225 Stock Index Future	12/13/2024		22,378,849		(567,786	)
	1,651	TEF SET50 Index Future	12/30/2024		9,316,572		(35,249	)
	991	Three Month SONIA Index Futures	09/16/2025		318,933,201		553,279
	1,507	Three Month SONIA Index Futures	12/16/2025		485,878,802		683,263
	1,403	Three Month SONIA Index Futures	03/17/2026		452,769,737		356,354
	1,180	Three Month SONIA Index Futures	06/16/2026		380,883,080		74,936
	764	Three Month SONIA Index Futures	09/15/2026		246,618,424		15,017
	531	Three Month SONIA Index Futures	12/15/2026		171,397,386		(156,041	)
	333	Three Month SONIA Index Futures	03/17/2027		107,486,496		(95,426	)
	3,966	Three-Month SOFR Futures	09/16/2025		959,672,850		3,190,425
	3,936	Three-Month SOFR Futures	12/16/2025		953,840,400		3,387,712
	4,458	Three-Month SOFR Futures	03/17/2026		1,081,065,000		3,024,850
	4,723	Three-Month SOFR Futures	06/16/2026		1,145,622,688		1,810,888
	2,556	Three-Month SOFR Futures	09/15/2026		619,957,800		1,593,325
	2,551	Three-Month SOFR Futures	12/16/2026		618,585,613		1,535,100
	2,434	Three-Month SOFR Futures	03/17/2027		590,001,600		900
	114	TSE Japanese 10 Year Bond Futures	12/16/2024		114,733,693		343,246
	48	TSE TOPIX (Tokyo Price Index) Future	12/13/2024		8,841,886		316,779
	400	TTF Natural Gas Base Load Monthly Futures(d)	10/31/2024		12,520,512		333,806
	1,310	Ultra U.S. Treasury Bond Futures	12/20/2024		174,352,813		(1,389,296	)
		TOTAL LONG FUTURES CONTRACTS				$	67,650,938

OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Short Futures Contracts	Expiration	Notional Amount(c)		Value and Unrealized Appreciation (Depreciation)
	1,735	BMF Ibovespa Index Future	10/17/2024	$	42,221,698	$	412,686
	574	CBOE Volatility Index Future(d)	10/16/2024		10,815,595		123,255
	733	CBOE Volatility Index Future(d)	11/21/2024		13,265,468		112,582
	322	CBOE Volatility Index Future(d)	12/19/2024		5,793,875		57,875
	2,760	CBOT Corn Future(d)	12/13/2024		58,615,500		(1,669,850	)
	1,270	CBOT Soybean Future(d)	11/14/2024		67,119,500		(947,937	)
	1,103	CBOT Soybean Oil Future(d)	12/13/2024		28,662,558		(754,830	)
	1,654	CBOT Wheat Future(d)	12/13/2024		48,296,800		(511,688	)
	3,360	CME Australian Dollar Currency Future	12/17/2024		232,663,200		(5,674,889	)
	2,028	CME British Pound Currency Future	12/17/2024		169,515,450		(980,675	)
	3,161	CME Canadian Dollar Currency Future	12/18/2024		234,198,490		(444,870	)
	1,212	CME Euro Foreign Exchange Currency Future	12/17/2024		169,172,475		235,700
	2,236	CME Japanese Yen Currency Future	12/17/2024		196,502,475		2,256,200
	560	CME Lean Hogs Future(d)	12/16/2024		16,413,600		(199,290	)
	696	CME Live Cattle Future(d)	01/01/2025		51,448,320		(949,440	)
	666	CME New Zealand Dollar Currency Future	12/17/2024		42,320,970		(853,005	)
	596	CME Swiss Franc Currency Future	12/17/2024		88,733,225		270,144

CATALYST/MILLBURN HEDGE STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Short Futures Contracts	Expiration	Notional Amount(c)		Value and Unrealized Appreciation (Depreciation)
	575	Eurex 10 Year Euro BUND Future	12/09/2024	$	86,381,249	$	156,819
	4,872	Eurex 2 Year Euro SCHATZ Future	12/09/2024		581,401,403		(896,038	)
	884	Eurex 5 Year Euro BOBL Future	12/09/2024		118,165,238		(257,317	)
	498	Eurex EURO STOXX 50 Future	12/23/2024		27,891,549		155,528
	1,138	Euronext CAC 40 Index Future	10/21/2024		96,928,304		(324,907	)
	216	French Government Bond Futures	12/09/2024		30,506,002		(46,659	)
	337	ICE Brent Crude Oil Future(d)	12/02/2024		24,082,020		(183,910	)
	242	ICE Brent Crude Oil Future(d)	12/31/2024		17,249,760		(140,940	)
	163	ICE Brent Crude Oil Future(d)	02/03/2025		11,602,340		(69,340	)
	126	ICE Brent Crude Oil Future(d)	03/03/2025		8,961,120		49,770
	74	ICE Brent Crude Oil Future(d)	04/01/2025		5,259,920		31,920
	264	ICE Gas Oil Future(d)	11/13/2024		17,430,600		(165,150	)
	201	ICE Gas Oil Future(d)	01/13/2025		13,195,650		(115,575	)
	865	KCBT Hard Red Winter Wheat Future(d)	12/16/2024		25,247,188		(209,625	)
	78	KFE KOSPI 200 Index Future	12/13/2024		5,150,200		90,540
	42	LME Lead Future(d)	12/17/2024		2,196,495		(22,458	)
	4	LME Nickel Future(d)	12/17/2024		419,840		(13,279	)
	217	LME Primary Aluminum Future(d)	12/17/2024		14,176,230		112,023
	51	LME Zinc Future(d)	12/17/2024		3,943,180		23,141
	14	Long Gilt Future	12/30/2024		1,842,396		51,820
	383	NYBOT CTN Number 2 Cotton Future(d)	12/09/2024		14,096,315		(467,195	)
	126	NYMEX Henry Hub Natural Gas Futures(d)	12/30/2024		4,538,520		(3,270	)
	66	NYMEX Henry Hub Natural Gas Futures(d)	01/30/2025		2,299,440		(3,690	)
	56	NYMEX Henry Hub Natural Gas Futures(d)	02/27/2025		1,783,040		(5,480	)
	232	NYMEX Henry Hub Natural Gas Futures(d)	10/30/2024		6,781,360		(34,190	)
	48	NYMEX Light Sweet Crude Oil Future(d)	02/21/2025		3,225,600		(22,790	)
	44	NYMEX Light Sweet Crude Oil Future(d)	03/21/2025		2,952,840		(5,880	)
	46	NYMEX Light Sweet Crude Oil Future(d)	12/19/2024		3,105,000		(20,660	)
	65	NYMEX Light Sweet Crude Oil Future(d)	01/22/2025		4,375,800		(11,780	)
	43	NYMEX NY Harbor ULSD Futures(d)	01/01/2025		3,921,910		(185	)
	5	NYMEX NY Harbor ULSD Futures(d)	02/03/2025		456,645		2,188
	452	NYMEX NY Harbor ULSD Futures(d)	11/01/2024		40,899,129		(239,912	)
	175	NYMEX NY Harbor ULSD Futures(d)	12/02/2024		15,898,785		542
	12	NYMEX Reformulated Gasoline Blendstock for Oxygen Future(d)	01/01/2025		956,239		5,107
	28	NYMEX Reformulated Gasoline Blendstock for Oxygen Future(d)	02/03/2025		2,240,162		7,951
	284	NYMEX Reformulated Gasoline Blendstock for Oxygen Future(d)	11/01/2024		23,081,873		(11,634	)
	189	OSE Nikkei 225 Index Future	12/13/2024		49,904,679		(73,195	)
	108	SAFEX FTSE/JSE Top 40 Index Future	12/20/2024		4,976,840		(185,345	)
	436	SFE 10 Year Australian Bond Future	12/17/2024		35,088,691		380,692
	1,135	SFE 3 Year Australian Bond Future	12/17/2024		84,109,982		117,059
	638	SFE S&P ASX Share Price Index 200 Future	12/20/2024		91,599,737		(1,120,497	)
		TOTAL SHORT FUTURES CONTRACTS				$	(12,983,833	)
		TOTAL FUTURES CONTRACTS				$	54,667,105

CATALYST/MILLBURN HEDGE STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN CURRENCY CONTRACTS
Foreign Currency	Settlement Date	Counterparty	Local Currency		U.S. Dollar Value		Unrealized Appreciation/ (Depreciation)
To Buy:
Australian Dollar	10/01/2024	Bank Of America Merrill Lynch		182,210,000	$	125,983,545	$	73,604
British Pound	10/01/2024	Deutsche Bank		55,560,000		74,283,040		(77,353	)
Canadian Dollar	10/01/2024	Deutsche Bank		89,050,000		65,850,285		(39,239	)
Euro	10/01/2024	Deutsche Bank		44,890,000		49,983,298		(84,915	)
Israeli Shekel	10/01/2024	Bank Of America Merrill Lynch		104,350,000		27,988,621		(210,186	)
Japanese Yen	10/01/2024	Deutsche Bank		8,348,000,000		58,083,147		(269,553	)
New Zealand Dollar	10/01/2024	Bank Of America Merrill Lynch		88,190,000		56,029,225		97,363
Norwegian Krone	10/01/2024	Bank Of America Merrill Lynch		436,180,000		41,336,749		(193,801	)
Polish Zloty	10/01/2024	Bank Of America Merrill Lynch		27,560,000		7,160,859		(51,268	)
Singapore Dollar	10/01/2024	Bank Of America Merrill Lynch		41,630,000		32,392,098		(137,693	)
South African Rand	10/01/2024	Bank Of America Merrill Lynch		312,970,000		18,114,520		(190,056	)
Swedish Krona	10/01/2024	Bank Of America Merrill Lynch		277,300,000		27,307,417		(243,463	)
Swiss Franc	10/01/2024	Bank Of America Merrill Lynch		15,970,000		18,870,378		(83,426	)
Australian Dollar	10/02/2024	Bank Of America Merrill Lynch		91,490,000		63,257,970		(128,663	)
British Pound	10/02/2024	Deutsche Bank		126,860,000		169,610,267		(410,041	)
Euro	10/02/2024	Deutsche Bank		106,730,000		118,839,772		(146,739	)
Israeli Shekel	10/02/2024	Bank Of America Merrill Lynch		9,220,000		2,472,976		(17,832	)
Japanese Yen	10/02/2024	Deutsche Bank		28,858,999,999		200,793,180		(958,346	)
Mexican Peso	10/02/2024	Deutsche Bank		320,720,000		16,290,126		25,873
New Zealand Dollar	10/02/2024	Bank Of America Merrill Lynch		87,300,000		55,463,787		(72,217	)
Norwegian Krone	10/02/2024	Bank Of America Merrill Lynch		458,610,000		43,462,438		(50,144	)
Polish Zloty	10/02/2024	Bank Of America Merrill Lynch		12,390,000		3,219,269		(20,042	)
Singapore Dollar	10/02/2024	Bank Of America Merrill Lynch		55,810,000		43,425,485		(115,963	)
South African Rand	10/02/2024	Bank Of America Merrill Lynch		394,260,000		22,819,539		(69,857	)
Swedish Krona	10/02/2024	Bank Of America Merrill Lynch		405,140,000		39,896,600		(35,745	)
Swiss Franc	10/02/2024	Bank Of America Merrill Lynch		119,170,000		140,812,949		(313,505	)
Mexican Peso	10/03/2024	Deutsche Bank		60,350,000		3,064,816		(6,283	)
Australian Dollar	10/16/2024	Bank Of America Merrill Lynch		426,140,000		294,711,697		3,933,690
Brazilian Real	10/16/2024	Bank Of America Merrill Lynch		3,036,350,000		556,359,627		7,204,110
British Pound	10/16/2024	Deutsche Bank		832,190,000		1,112,617,432		16,658,299
Canadian Dollar	10/16/2024	Deutsche Bank		376,120,000		278,227,545		(280,558	)
Chilean Peso	10/16/2024	Bank Of America Merrill Lynch		52,189,999,997		58,116,274		2,138,369
Euro	10/16/2024	Deutsche Bank		422,710,000		470,970,688		2,231,283
Indian Rupee	10/16/2024	Bank Of America Merrill Lynch		16,112,549,999		192,192,687		378,427
Israeli Shekel	10/16/2024	Bank Of America Merrill Lynch		501,920,000		134,670,312		(287,630	)
Japanese Yen	10/16/2024	Deutsche Bank		146,047,999,990		1,018,361,884		(3,562,211	)

CATALYST/MILLBURN HEDGE STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN CURRENCY CONTRACTS (Continued)
Foreign Currency	Settlement Date	Counterparty	Local Currency		U.S. Dollar Value		Unrealized Appreciation/ (Depreciation)
To Buy: (continued)
Mexican Peso	10/16/2024	Deutsche Bank		7,960,829,999	$	403,419,765	$	(907,869	)
New Zealand Dollar	10/16/2024	Bank Of America Merrill Lynch		444,370,000		282,332,411		7,251,546
Norwegian Krone	10/16/2024	Bank Of America Merrill Lynch		2,096,380,000		198,702,239		1,567,873
Polish Zloty	10/16/2024	Bank Of America Merrill Lynch		337,490,000		87,660,536		639,160
Singapore Dollar	10/16/2024	Bank Of America Merrill Lynch		441,740,000		343,980,617		3,296,386
South African Rand	10/16/2024	Bank Of America Merrill Lynch		2,448,720,000		141,550,696		2,819,355
South Korean Won	10/16/2024	Bank Of America Merrill Lynch		144,578,999,989		109,765,245		1,228,617
Swedish Krona	10/16/2024	Bank Of America Merrill Lynch		2,958,080,000		291,514,511		1,874,901
Swiss Franc	10/16/2024	Bank Of America Merrill Lynch		929,200,000		1,099,890,179		2,016,484
					$	8,601,856,701	$	44,470,742
To Sell:
Australian Dollar	10/01/2024	Bank Of America Merrill Lynch		182,210,000	$	125,983,544	$	(488,129	)
British Pound	10/01/2024	Deutsche Bank		55,560,000		74,283,039		128,880
Canadian Dollar	10/01/2024	Deutsche Bank		89,050,000		65,850,286		89,857
Euro	10/01/2024	Deutsche Bank		44,890,000		49,983,300		128,085
Israeli Shekel	10/01/2024	Bank Of America Merrill Lynch		104,350,000		27,988,628		226,581
Japanese Yen	10/01/2024	Deutsche Bank		8,348,000,000		58,083,147		25,644
New Zealand Dollar	10/01/2024	Bank Of America Merrill Lynch		88,190,000		56,029,220		(276,708	)
Norwegian Krone	10/01/2024	Bank Of America Merrill Lynch		436,180,000		41,336,749		50,619
Polish Zloty	10/01/2024	Bank Of America Merrill Lynch		27,560,000		7,160,859		16,793
Singapore Dollar	10/01/2024	Bank Of America Merrill Lynch		41,630,000		32,392,099		62,783
South African Rand	10/01/2024	Bank Of America Merrill Lynch		312,970,000		18,114,522		155,463
Swedish Krona	10/01/2024	Bank Of America Merrill Lynch		277,300,000		27,307,418		115,296
Swiss Franc	10/01/2024	Bank Of America Merrill Lynch		15,970,000		18,870,377		41,993
Australian Dollar	10/02/2024	Bank Of America Merrill Lynch		91,490,000		63,257,969		219,623
British Pound	10/02/2024	Deutsche Bank		126,860,000		169,610,271		370,241
Euro	10/02/2024	Deutsche Bank		106,730,000		118,839,776		574,303
Israeli Shekel	10/02/2024	Bank Of America Merrill Lynch		9,220,000		2,472,977		8,891
Japanese Yen	10/02/2024	Deutsche Bank		28,859,000,000		200,793,182		1,514,583
Mexican Peso	10/02/2024	Deutsche Bank		320,720,000		16,290,126		56,925
New Zealand Dollar	10/02/2024	Bank Of America Merrill Lynch		87,300,000		55,463,786		68,718
Norwegian Krone	10/02/2024	Bank Of America Merrill Lynch		458,610,000		43,462,437		117,569
Polish Zloty	10/02/2024	Bank Of America Merrill Lynch		12,390,000		3,219,269		10,709
Singapore Dollar	10/02/2024	Bank Of America Merrill Lynch		55,810,000		43,425,487		157,247
South African Rand	10/02/2024	Bank Of America Merrill Lynch		394,260,000		22,819,540		159,716
Swedish Krona	10/02/2024	Bank Of America Merrill Lynch		405,140,000		39,896,600		191,581
Swiss Franc	10/02/2024	Bank Of America Merrill Lynch		119,170,000		140,812,949		407,898
Mexican Peso	10/03/2024	Deutsche Bank		60,350,000		3,064,816		11,965
Australian Dollar	10/16/2024	Bank Of America Merrill Lynch		1,737,660,000		1,201,738,220		(25,651,125	)
Brazilian Real	10/16/2024	Bank Of America Merrill Lynch		993,280,000		182,001,712		(6,479,376	)
British Pound	10/16/2024	Deutsche Bank		1,424,740,000		1,904,842,119		(22,428,457	)
Canadian Dollar	10/16/2024	Deutsche Bank		1,603,150,000		1,185,899,415		614,659
Chilean Peso	10/16/2024	Bank Of America Merrill Lynch		47,476,000,000		52,866,997		(1,547,996	)
Euro	10/16/2024	Deutsche Bank		825,180,000		919,390,578		537,011
Indian Rupee	10/16/2024	Bank Of America Merrill Lynch		1,671,340,000		19,935,971		497
Israeli Shekel	10/16/2024	Bank Of America Merrill Lynch		396,320,000		106,336,742		(194,487	)
Japanese Yen	10/16/2024	Deutsche Bank		256,712,999,993		1,790,005,579		(5,245,352	)

CATALYST/MILLBURN HEDGE STRATEGY FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN CURRENCY CONTRACTS (Continued)
Foreign Currency	Settlement Date	Counterparty	Local Currency		U.S. Dollar Value		Unrealized Appreciation/ (Depreciation)
To Sell: (continued)
Mexican Peso	10/16/2024	Deutsche Bank		2,500,850,000	$	126,732,052	$	(1,757,263	)
New Zealand Dollar	10/16/2024	Bank Of America Merrill Lynch		1,265,180,000		803,837,609		(13,718,957	)
Norwegian Krone	10/16/2024	Bank Of America Merrill Lynch		5,495,020,000		520,837,245		(3,055,732	)
Polish Zloty	10/16/2024	Bank Of America Merrill Lynch		527,490,000		137,011,629		119,167
Singapore Dollar	10/16/2024	Bank Of America Merrill Lynch		441,740,000		343,980,618		(2,662,688	)
South African Rand	10/16/2024	Bank Of America Merrill Lynch		2,448,720,000		141,550,698		(2,011,130	)
South Korean Won	10/16/2024	Bank Of America Merrill Lynch		176,737,000,000		134,179,792		(2,008,210	)
Swedish Krona	10/16/2024	Bank Of America Merrill Lynch		2,958,080,000		291,514,509		(1,046,184	)
Swiss Franc	10/16/2024	Bank Of America Merrill Lynch		1,603,100,000		1,897,582,812		(4,661,441	)
Singapore Dollar	11/20/2024	Bank Of America Merrill Lynch		40,670,000		31,723,677		78,568
South African Rand	11/20/2024	Bank Of America Merrill Lynch		361,080,000		20,810,638		60,013
Swedish Krona	11/20/2024	Bank Of America Merrill Lynch		461,360,000		45,542,406		57,728
					$	13,385,133,391	$	(86,853,629	)
Total							$	(42,382,887	)

ETF	- Exchange-Traded Fund
MSCI	- Morgan Stanley Capital International
SPDR	- Standard & Poor’s Depositary Receipt

(a)	Non-income producing security.
(b)	Rate disclosed is the seven day effective yield as of September 30, 2024.
(c)	The amounts shown are the underlying reference notional amounts to stock exchange indices and equities upon which the fair value of the futures contracts held by the Fund are based.  Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Fund’s futures contracts.  Further, the underlying price changes in relation to the variables specified by the notional values affects the fair value of these derivative financial instruments.  The notional values as set forth within this schedule do not purport to represent economic value at risk to the Fund.
(d)	All or a portion of this investment is a holding of the CMHSF Fund Limited.
(e)	Held as collateral for futures.

CATALYST DYNAMIC ALPHA FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 99.3%
		AEROSPACE & DEFENSE - 5.8%
	30,065	Textron, Inc.	$	2,663,158
	3,375	TransDigm Group, Inc.		4,816,563
				7,479,721
		APPAREL & TEXTILE PRODUCTS - 6.0%
	34,100	Deckers Outdoor Corporation(a)		5,437,246
	11,620	Ralph Lauren Corporation		2,252,769
				7,690,015
		ASSET MANAGEMENT - 3.8%
	39,375	Apollo Global Management, Inc.		4,918,331
		BANKING - 2.3%
	66,930	HSBC Holdings plc - ADR(b)		3,024,567
		BIOTECH & PHARMA - 8.7%
	35,750	AstraZeneca plc - ADR		2,785,283
	33,965	Halozyme Therapeutics, Inc.(a),(b)		1,944,157
	112,050	Teva Pharmaceutical Industries Ltd. - ADR(a)		2,019,141
	9,570	Vertex Pharmaceuticals, Inc.(a)		4,450,815
				11,199,396
		E-COMMERCE DISCRETIONARY - 4.3%
	29,855	Amazon.com, Inc.(a)		5,562,882
		ELECTRICAL EQUIPMENT - 3.3%
	66,065	Amphenol Corporation, Class A		4,304,795
		ENGINEERING & CONSTRUCTION - 7.7%
	26,960	Quanta Services, Inc.(b)		8,038,124
	39,500	Tetra Tech, Inc.		1,862,820
				9,900,944
		HEALTH CARE FACILITIES & SERVICES - 4.1%
	23,675	Cencora, Inc.		5,328,769

CATALYST DYNAMIC ALPHA FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 99.3% (Continued)
		HEALTH CARE REIT - 1.6%
	32,500	Ventas, Inc.	$	2,084,225
		INSTITUTIONAL FINANCIAL SERVICES - 2.5%
	12,600	Evercore, Inc., Class A		3,192,084
		INSURANCE - 5.4%
	40,355	Brown & Brown, Inc.		4,180,779
	92,790	Corebridge Financial, Inc.(b)		2,705,756
				6,886,535
		OIL & GAS PRODUCERS - 2.5%
	143,300	Kinder Morgan, Inc.		3,165,497
		RETAIL - CONSUMER STAPLES - 2.9%
	4,215	Costco Wholesale Corporation		3,736,681
		SEMICONDUCTORS - 8.7%
	7,530	KLA Corporation		5,831,307
	30,400	Taiwan Semiconductor Manufacturing Company Ltd. - ADR		5,279,567
				11,110,874
		SOFTWARE - 6.9%
	11,980	Microsoft Corporation		5,154,994
	93,460	Oscar Health, Inc. - Class A(a)		1,982,287
	24,500	SS&C Technologies Holdings, Inc.		1,818,145
				8,955,426
		SPECIALTY FINANCE - 3.0%
	14,400	American Express Company		3,905,280
		SPECIALTY REITS - 4.2%
	45,150	Iron Mountain, Inc.		5,365,175
		STEEL - 2.4%
	47,090	ATI, Inc.(a)		3,150,792

CATALYST DYNAMIC ALPHA FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 99.3% (Continued)
		TECHNOLOGY HARDWARE - 7.3%
	124,915	Flex Ltd.(a)	$	4,175,908
	11,550	Motorola Solutions, Inc.(b)		5,193,227
				9,369,135
		TRANSPORTATION & LOGISTICS - 1.5%
	27,960	Scorpio Tankers, Inc.		1,993,548
		TRANSPORTATION EQUIPMENT - 2.2%
	8,920	Cummins, Inc.		2,888,207
		WHOLESALE - CONSUMER STAPLES - 2.2%
	46,175	US Foods Holding Corporation(a)		2,839,763
		TOTAL COMMON STOCKS (Cost $90,064,520)		128,052,642
		SHORT-TERM INVESTMENTS — 12.8%
		COLLATERAL FOR SECURITIES LOANED - 12.1%
	15,579,972	Mount Vernon Liquid Assets Portfolio,  4.95% (Cost $15,579,972)(c)(d)		15,579,972
		MONEY MARKET FUND - 0.7%
	958,078	First American Treasury Obligations Fund, Class X, 4.81% (Cost $958,078)(c)		958,078
		TOTAL SHORT-TERM INVESTMENTS (Cost $16,538,050)		16,538,050
		TOTAL INVESTMENTS - 112.1% (Cost $106,602,570)	$	144,590,692
		LIABILITIES IN EXCESS OF OTHER ASSETS - (12.1)%		(15,662,711	)
		NET ASSETS - 100.0%	$	128,927,981

ADR	- American Depositary Receipt
LTD	- Limited Company
PLC	- Public Limited Company
REIT	- Real Estate Investment Trust

(a)	Non-income producing security.
(b)	All or a portion of this security is on loan. The total fair value of the securities on loan as of September 30, 2024 was $15,296,367.
(c)	Rate disclosed is the seven day effective yield as of September 30, 2024.
(d)	Security was purchased with cash received as collateral for securities on loan at September 30, 2024. Total collateral had a value of $15,579,972 at September 30, 2024.

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares						Fair Value
		EXCHANGE-TRADED FUNDS — 3.1%
		FIXED INCOME - 3.1%
	425,928	Invesco Senior Loan ETF				$	8,948,747
	160,158	SPDR Blackstone Senior Loan ETF					6,688,198
							15,636,945
		TOTAL EXCHANGE-TRADED FUNDS (Cost $15,556,079)					15,636,945
Principal Amount ($)			Spread	Coupon Rate (%)	Maturity
		ASSET BACKED SECURITIES — 5.4%
		CLO — 5.4%
	500,000	Alinea CLO Ltd.  Series 2018-1 E(a),(b)	TSFR3M + 6.262%	11.5440	07/20/31		496,893
	750,000	ARES XLV CLO Ltd.  Series 2017-45A E(a),(b)	TSFR3M + 6.362%	11.6630	10/15/30		745,189
	500,000	ARES XLVII CLO Ltd.  Series 2018-47A E(a),(b)	TSFR3M + 5.762%	11.0630	04/15/30		495,692
	1,000,000	Ares XXXVR CLO Ltd.  Series 2015-35RA E(a),(b)	TSFR3M + 5.962%	11.2630	07/15/30		992,576
	1,000,000	Bardot CLO Ltd.  Series 2019-2A ER(a),(b)	TSFR3M + 6.562%	11.8440	10/22/32		993,410
	1,500,000	Betony CLO 2 Ltd.  Series 2018-1A D(a),(b)	TSFR3M + 5.912%	11.1670	04/30/31		1,479,910
	500,000	BlueMountain CLO Ltd.  Series 2018-3A E(a),(b)	TSFR3M + 6.212%	11.4960	10/25/30		486,860
	500,000	BlueMountain CLO XXII Ltd.  Series 2018-22A E(a),(b)	TSFR3M + 5.312%	10.6130	07/15/31		457,528
	500,000	BlueMountain Fuji US Clo I Ltd.  Series 2017-1A E(a),(b)	TSFR3M + 6.262%	11.5440	07/20/29		467,743
	500,000	Carbone Clo Ltd.  Series 2017-1A D(a),(b)	TSFR3M + 6.162%	11.4440	01/20/31		495,690
	500,000	Carlyle Global Market Strategies CLO Ltd.  Series 2014-1A ER(a),(b)	TSFR3M + 5.662%	10.9470	04/17/31		465,371
	500,000	Carlyle Global Market Strategies CLO Ltd.  Series 2017-1A D(a),(b)	TSFR3M + 6.262%	11.5440	04/20/31		493,792
	500,000	CARLYLE US CLO Ltd.  Series 2017-5A D(a),(b)	TSFR3M + 5.562%	10.8440	01/20/30		486,377
	1,000,000	Cedar Funding XIV CLO Ltd.  Series 2021-14a E(a),(b)	TSFR3M + 6.602%	11.9030	07/15/33		985,839
	1,000,000	Cook Park CLO Ltd.  Series 2018-1A E(a),(b)	TSFR3M + 5.662%	10.9470	04/17/30		997,499
	1,000,000	Dewolf Park CLO Ltd.  Series 2017-1A E(a),(b)	TSFR3M + 6.462%	11.7630	10/15/30		1,000,100
	750,000	Dryden 54 Senior Loan Fund  Series 2017-54A E(a),(b)	TSFR3M + 6.462%	11.7410	10/19/29		709,938
	500,000	Galaxy XV CLO Ltd.  Series 2013-15A ER(a),(b)	TSFR3M + 6.907%	12.2080	10/15/30		494,409
	624,000	Galaxy XX CLO Ltd.  Series 2015-20A ER(a),(b)	TSFR3M + 5.562%	10.8440	04/20/31		620,026
	500,000	Galaxy XXI CLO Ltd.  Series 2015-21A ER(a),(b)	TSFR3M + 5.512%	10.7940	04/20/31		498,757
	500,000	Harbor Park CLO Ltd.  Series 2018-1A E(a),(b)	TSFR3M + 5.862%	11.1440	01/20/31		500,142
	500,000	Highbridge Loan Management Ltd.  Series 2013-2A DR(a),(b)	TSFR3M + 6.862%	12.1440	10/20/29		500,112
	500,000	Magnetite XV Ltd.  Series 2015-15A ER(a),(b)	TSFR3M + 5.462%	10.7460	07/25/31		501,031
	500,000	Midocean Credit CLO IX  Series 2018-9A E(a),(b)	TSFR3M + 6.312%	11.5940	07/20/31		486,852
	500,000	Neuberger Berman CLO XVIII Ltd.  Series 2014-18A DR2(a),(b)	TSFR3M + 6.182%	11.4640	10/21/30		497,803

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 5.4% (Continued)
		CLO — 5.4% (Continued)
	1,000,000	Neuberger Berman Loan Advisers CLO Ltd.  Series 2017-26A E(a),(b)	TSFR3M + 6.162%	11.4410	10/18/30	$	987,661
	500,000	Octagon Investment Partners 26 Ltd.  Series 2016-1A ER(a),(b)	TSFR3M + 5.662%	10.9630	07/15/30		459,542
	500,000	Octagon Investment Partners 37 Ltd.  Series 2018-2A D(a),(b)	TSFR3M + 5.662%	10.9460	07/25/30		473,572
	500,000	Octagon Investment Partners Ltd.  Series 2018-18A C(a),(b)	TSFR3M + 2.962%	8.2480	04/16/31		494,147
	500,000	Octagon Investment Partners XVII Ltd.  Series 2013-1A ER2(a),(b)	TSFR3M + 5.412%	10.6960	01/25/31		454,215
	1,500,000	Octagon Investment Partners XXII Ltd.  Series 2014-1A ERR(a),(b)	TSFR3M + 5.712%	10.9940	01/22/30		1,431,860
	500,000	Palmer Square CLO Ltd.  Series 2014-1A DR2(a),(b)	TSFR3M + 5.962%	11.2470	01/17/31		500,442
	1,000,000	Regatta XIV Funding Ltd.  Series 2018-3A E(a),(b)	TSFR3M + 6.212%	11.4960	10/25/31		990,794
	1,000,000	RR 3 Ltd.  Series 2018-3A DR2(a),(b)	TSFR3M + 5.662%	10.9630	01/15/30		983,850
	1,000,000	THL Credit Wind River Clo Ltd.  Series 2018-1A E(a),(b)	TSFR3M + 5.762%	11.0630	07/15/30		971,203
	500,000	Upland CLO Ltd.  Series 2016-1A DR(a),(b)	TSFR3M + 6.162%	11.4440	04/20/31		498,990
	1,000,000	VOYA CLO  Series 2017-2A D(a),(b)	TSFR3M + 6.282%	11.5830	06/07/30		985,011
	500,000	Voya CLO Ltd.  Series 2019-1A ER(a),(b)	TSFR3M + 6.382%	11.6830	04/15/31		498,167
	500,000	Wellfleet CLO Ltd.  Series 2015-1A ER3(a),(b)	TSFR3M + 7.312%	12.5940	07/20/29		322,067
	500,000	Wellfleet CLO Ltd.  Series 2018-2A D(a),(b)	TSFR3M + 6.332%	11.6140	10/20/31		484,612
	500,000	Wellfleet CLO Ltd.  Series 2018-3A D(a),(b)	TSFR3M + 6.512%	11.7940	01/20/32		477,851
							27,363,523
		TOTAL ASSET BACKED SECURITIES (Cost $27,235,252)					27,363,523
		CORPORATE BONDS — 4.0%
		BIOTECH & PHARMA — 0.4%
	763,000	Endo Finance Holdings, Inc.(a)		8.5000	04/15/31		818,591
	1,300,000	Organon & Company / Organon Foreign Debt Co-Issuer(a)		7.8750	05/15/34		1,378,970
							2,197,561
		CHEMICALS — 0.3%
	396,000	Cerdia Finanz GmbH(a)		9.3750	10/03/31		403,920
	1,240,000	Valvoline, Inc.(a)		3.6250	06/15/31		1,110,931
							1,514,851
		COMMERCIAL SUPPORT SERVICES — 0.5%
	736,000	Aramark Services, Inc.(a)		5.0000	04/01/25		736,086
	1,503,000	Garda World Security Corporation(a)		8.2500	08/01/32		1,539,960
							2,276,046

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		CORPORATE BONDS — 4.0% (Continued)
		E-COMMERCE DISCRETIONARY — 0.1%
	554,000	Wayfair, LLC(a)	7.2500	10/31/29	$	569,149
		ELECTRIC UTILITIES — 0.4%
	485,000	Alpha Generation, LLC(a)	6.7500	10/15/32		492,597
	1,510,000	Lightning Power, LLC(a)	7.2500	08/15/32		1,586,678
						2,079,275
		FOOD — 0.0%(c)
	80,000	Post Holdings, Inc.(a)	6.2500	10/15/34		80,585
		HEALTH CARE FACILITIES & SERVICES — 0.6%
	1,300,000	DaVita, Inc.(a)	6.8750	09/01/32		1,344,020
	1,090,000	LifePoint Health, Inc.(a)	11.0000	10/15/30		1,231,163
	910,000	LifePoint Health, Inc.(a)	10.0000	06/01/32		1,001,630
						3,576,813
		INSURANCE — 0.3%
	1,350,000	Acrisure, LLC / Acrisure Finance, Inc.(a)	8.5000	06/15/29		1,410,899
		MACHINERY — 0.0%(c)
	80,000	Terex Corporation(a)	6.2500	10/15/32		80,000
		OIL & GAS PRODUCERS — 0.4%
	161,000	Aethon United BR, L.P. / Aethon United Finance(a)	7.5000	10/01/29		163,334
	74,000	Venture Global LNG, Inc.(a)	8.1250	06/01/28		77,205
	93,000	Venture Global LNG, Inc.(a)	9.5000	02/01/29		104,543
	1,300,000	Venture Global LNG, Inc.(a)	9.8750	02/01/32		1,445,753
						1,790,835
		RETAIL - DISCRETIONARY — 0.4%
	406,000	Global Auto Holdings Ltd./AAG FH UK Ltd.(a)	8.7500	01/15/32		380,520
	1,400,000	Metis Merger Sub, LLC(a)	6.5000	05/15/29		1,346,427
	240,000	Victra Holdings, LLC / Victra Finance Corporation(a)	8.7500	09/15/29		252,642
						1,979,589
		SOFTWARE — 0.3%
	1,344,000	Cloud Software Group, Inc.(a)	8.2500	06/30/32		1,405,387

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)				Coupon Rate (%)	Maturity	Fair Value
		CORPORATE BONDS — 4.0% (Continued)
		TELECOMMUNICATIONS — 0.1%
	398,000	Windstream Escrow, LLC / Windstream Escrow Finance(a)		8.2500	10/01/31	$	405,192
		TRANSPORTATION & LOGISTICS — 0.2%
	1,131,000	JetBlue Airways Corp / JetBlue Loyalty, L.P.(a)		9.8750	09/20/31		1,191,759
		TOTAL CORPORATE BONDS (Cost $20,076,475)					20,557,941
			Spread
		TERM LOANS — 85.9%
		AEROSPACE & DEFENSE — 2.5%
	3,472,132	Bleriot US Bidco, Inc.(b)	TSFR1M + 4.000%	7.8540	10/31/28		3,480,812
	3,429,582	Dynasty Acquisition Company, Inc.(b)	TSFR1M + 3.500%	8.7470	08/24/28		3,436,115
	2,301,118	Spirit AeroSystems, Inc.(b)	TSFR1M + 4.500%	9.5020	11/23/27		2,324,129
	1,424,543	Standard Aero Ltd.(b)	TSFR1M + 3.500%	8.7470	08/24/28		1,427,257
	1,000,211	TransDigm, Inc.(b)	TSFR1M + 2.750%	8.0590	08/24/28		1,000,917
	1,035,202	TransDigm, Inc.(b)	TSFR1M + 3.250%	7.1040	02/28/31		1,032,335
							12,701,565
		APPAREL & TEXTILE PRODUCTS — 0.6%
	1,299,826	ABG Intermediate Holdings 2, LLC(b)	TSFR1M + 2.750%	8.0780	12/21/28		1,302,673
	441,968	Hanesbrands, Inc.(b)	TSFR1M + 3.850%	8.5950	03/08/30		441,968
	1,554,000	Varsity Brands, LLC(b)	TSFR1M + 3.750%	8.8210	07/28/31		1,545,422
							3,290,063
		ASSET MANAGEMENT — 4.5%
	1,254,030	Aragorn Parent Corporation(b)	TSFR1M + 4.250%	9.1700	12/08/28		1,260,300
	2,019,640	Edelman Financial Engines Center, LLC (The)(b)	TSFR1M + 3.250%	8.0950	04/07/28		2,018,185
	3,331,311	Edelman Financial Engines Center, LLC (The)(b)	TSFR1M + 5.250%	10.5710	10/23/28		3,329,929
	1,094,135	First Eagle Holdings, Inc.(b)	TSFR1M + 3.000%	7.6040	02/22/29		1,086,274
	1,210,039	Focus Financial Partners, LLC(b)	TSFR1M + 3.250%	8.4450	09/10/31		1,207,812
	129,961	Focus Financial Partners, LLC(b)	TSFR1M + 3.250%	8.4450	09/10/31		129,722
	2,203,356	GTCR Everest Borrower, LLC(b)	TSFR1M + 3.000%	8.3250	06/03/31		2,180,287
	1,082,571	June Purchaser, LLC(b)	TSFR1M + 3.250%	8.4510	09/11/31		1,079,188
	180,429	June Purchaser, LLC(b)	TSFR1M + 3.250%	8.4510	09/11/31		179,865
	730,746	Nexus Buyer, LLC(b)	TSFR1M + 4.000%	8.8450	07/18/31		725,664

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		TERM LOANS — 85.9% (Continued)
		ASSET MANAGEMENT — 4.5% (Continued)
	5,642,257	Osaic Holdings, Inc.(b)	TSFR1M + 4.000%	8.8450	08/16/28	$	5,588,459
	1,088,962	Victory Capital Holdings, Inc.(b)	TSFR1M + 2.250%	7.6790	07/01/26		1,090,187
	2,844,370	Wec US Holdings Ltd.(b)	TSFR1M + 2.750%	7.9970	01/20/31		2,846,958
							22,722,830
		AUTOMOTIVE — 1.6%
	3,192,287	First Brands Group, LLC(b)	SOFRRATE + 5.000%	10.5910	03/24/27		3,163,859
	1,468,957	First Brands Group, LLC(b)	TSFR1M + 6.000%	10.5910	03/30/27		1,456,104
	1,134,141	First Brands Group, LLC(b)	TSFR6M + 8.500%	14.0140	03/30/28		1,080,269
	885,000	Tenneco, Inc.(b)	TSFR1M + 5.000%	9.9660	11/17/28		842,684
	1,595,949	Tenneco, Inc.(b)	TSFR1M + 4.750%	10.1700	11/17/28		1,512,409
							8,055,325
		BEVERAGES — 0.1%
	291,535	Pegasus Bidco BV(b)	TSFR1M + 3.750%	8.8680	07/12/29		292,356
		BIOTECH & PHARMA — 0.9%
	781,914	Curium Bidco Sarl(b)	TSFR1M + 4.000%	9.3290	07/31/29		785,495
	4,097,312	Grifols Worldwide Operations USA, Inc.(b)	TSFR3M + 2.000%	7.4440	11/08/27		3,989,757
							4,775,252
		CABLE & SATELLITE — 0.2%
	1,173,724	Virgin Media Bristol, LLC(b)	TSFR1M + 3.250%	8.6560	03/06/31		1,122,538
		CHEMICALS — 1.3%
	101,490	INEOS Enterprises Holdings US Finco, LLC(b)	TSFR1M + 3.850%	8.9070	07/07/30		101,966
	1,064,500	INEOS US Petrochem, LLC(b)	TSFR1M + 4.350%	9.1950	11/14/29		1,066,166
	195,018	Nouryon USA, LLC(b)	TSFR1M + 3.500%	8.6280	04/03/28		195,567
	1,924,338	Nouryon USA, LLC(b)	TSFR1M + 3.500%	8.8160	04/03/28		1,931,150
	1,584,804	Olympus Water US Holding Corporation(b)	TSFR1M + 3.500%	8.8470	06/06/31		1,586,785
	634,848	PQ Group Holdings, Inc.(b)	TSFR1M + 3.500%	8.4510	04/30/28		635,508
	1,046,367	Windsor Holdings III, LLC(b)	TSFR1M + 3.500%	8.4610	08/01/30		1,052,629
							6,569,771
		COMMERCIAL SUPPORT SERVICES — 7.2%
	175,617	Action Environmental Group, Inc. (The)(b)	TSFR1M + 4.500%	8.6040	10/05/30		176,276
	1,097,179	Allied Universal Holdco, LLC(b)	TSFR1M + 3.750%	9.0970	05/05/28		1,087,716

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		TERM LOANS — 85.9% (Continued)
		COMMERCIAL SUPPORT SERVICES — 7.2% (Continued)
	400,373	Amentum Government Services Holdings, LLC(b)	TSFR1M + 8.750%	14.1950	01/31/28	$	400,874
	1,418,060	Amentum Government Services Holdings, LLC(b)	SOFRRATE + 4.000%	9.2780	02/07/29		1,418,067
	3,216,143	AVSC Holding Corporation(b)	TSFR1M + 3.500%	8.1950	03/01/25		3,206,768
	239,200	AVSC Holding Corporation(b)	TSFR1M + 7.360%	12.2100	09/02/25		238,677
	1,914,869	AVSC Holding Corporation(b)	TSFR1M + 4.500%	9.4450	09/26/26		1,920,556
	2,945,789	CHG Healthcare Services, Inc.(b)	TSFR1M + 3.615%	8.4600	09/29/28		2,953,757
	311,000	CHG Healthcare Services, Inc.(b)	TSFR1M + 3.500%	8.6110	09/30/28		311,406
	345,566	Conservice Midco, LLC(b)	TSFR1M + 3.500%	8.3450	05/13/27		346,724
	3,227,124	Creative Artists Agency, LLC(b)	TSFR1M + 3.250%	8.5700	11/27/28		3,229,141
	167,000	Creative Artists Agency, LLC(b)	TSFR1M + 2.750%	7.8680	09/12/31		167,078
	1,003,534	Ensemble RCM, LLC(b)	TSFR1M + 3.000%	8.3300	08/03/29		1,006,178
	225,000	First Advantage Holdings, LLC(b)	TSFR1M + 3.250%	8.3680	09/19/31		224,297
	5,077,975	Garda World Security Corporation(b)	TSFR1M + 3.500%	8.8320	02/01/29		5,083,688
	3,854,545	Grant Thornton LLP/Chicago(b)	TSFR1M + 3.250%	8.4970	05/30/31		3,864,471
	2,909,307	OMNIA Partners, LLC(b)	TSFR1M + 3.750%	8.5740	07/25/30		2,921,250
	939,534	Prime Security Services Borrower, LLC(b)	TSFR1M + 2.250%	7.4450	10/15/30		939,534
	1,140,714	Ryan, LLC(b)	TSFR1M + 4.500%	8.7470	11/09/30		1,129,780
	101,819	Ryan, LLC(b) (e)	TSFR1M + 4.500%	9.8250	11/09/30		100,843
	508,000	Soliant Lower Intermediate, LLC(b)	TSFR1M + 3.750%	8.5950	06/23/31		509,270
	686,280	Teneo Holdings, LLC(b)	TSFR1M + 4.750%	9.5950	03/11/31		690,357
	4,587,534	WestJet Loyalty, L.P.(b)	TSFR1M + 3.850%	9.0480	02/01/31		4,546,430
							36,473,138
		CONSTRUCTION MATERIALS — 0.2%
	997,500	Quikrete Holdings, Inc.(b)	TSFR1M + 2.250%	7.4970	03/26/29		998,857
		CONSUMER SERVICES — 1.2%
	721,564	Fugue Finance, LLC(b)	TSFR1M + 4.000%	9.0570	01/26/28		727,102
	305,235	Fugue Finance, LLC(b)	TSFR1M + 3.750%	8.8070	02/13/31		307,486
	1,588,815	KUEHG Corporation(b)	TSFR1M + 4.500%	9.8350	06/12/30		1,595,322
	1,569,676	Prometric Holdings, Inc.(b)	TSFR1M + 4.750%	10.1110	01/31/28		1,581,449
	1,015,103	Spin Holdco, Inc.(b)	TSFR3M + 4.000%	9.2560	03/01/28		893,082
	1,244,895	University Support Services, LLC(b)	TSFR1M + 3.350%	7.5950	06/29/28		1,242,753
							6,347,194

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		TERM LOANS — 85.9% (Continued)
		CONTAINERS & PACKAGING — 1.8%
	6,279,366	Charter Next Generation, Inc.(b)	TSFR1M + 3.500%	8.0950	12/01/27	$	6,287,874
	2,000,000	Graham Packaging Company, Inc.(b)	TSFR1M + 2.500%	7.3450	08/04/27		2,000,330
	1,144,257	Proampac PG Borrower, LLC(b)	TSFR1M + 4.000%	9.3290	09/15/28		1,147,404
							9,435,608
		E-COMMERCE DISCRETIONARY — 0.5%
	2,674,552	CNT Holdings I Corporation(b)	TSFR1M + 3.500%	8.7520	10/16/27		2,683,819
		ELECTRIC UTILITIES — 0.6%
	822,000	Alpha Generation, LLC(b)	TSFR1M + 2.750%	7.8680	09/30/31		823,175
	1,000,000	Calpine Corporation(b)	TSFR1M + 2.000%	7.3210	12/16/27		997,190
	666,000	Edgewater Generation, LLC(b)	TSFR1M + 4.250%	9.0950	07/26/30		672,660
	363,000	Lightning Power, LLC(b)	TSFR1M + 3.250%	8.3460	08/18/31		364,160
							2,857,185
		ELECTRICAL EQUIPMENT — 0.1%
	608,901	Belfor Holdings, Inc.(b)	TSFR1M + 3.750%	8.5950	10/25/30		612,329
		ENGINEERING & CONSTRUCTION — 0.3%
	1,274,483	Chromalloy Corporation(b)	TSFR1M + 3.750%	9.0580	03/24/31		1,213,715
	246,000	Service Logic Acquisition, Inc.(b)	TSFR1M + 3.500%	8.3140	10/29/27		247,000
							1,460,715
		ENTERTAINMENT CONTENT — 0.4%
	759,741	AP Core Holdings II, LLC(b)	TSFR1M + 5.500%	10.4600	09/01/27		696,926
	822,380	NEP Group, Inc.(b)	TSFR1M + 4.115%	8.8650	08/19/26		790,513
	380,000	WMG Acquisition Corporation(b)	TSFR1M + 1.750%	6.9240	01/24/31		380,555
							1,867,994
		FOOD — 1.1%
	4,013,500	Nomad Foods US, LLC(b)	TSFR1M + 3.000%	7.7720	11/08/29		4,018,938
	373,878	Simply Good Foods USA, Inc.(b)	TSFR1M + 2.600%	7.4550	03/17/27		375,356
	1,432,500	Snacking Investments US, LLC(b)	TSFR1M + 4.000%	8.8440	12/01/26		1,440,558
							5,834,852
		HEALTH CARE FACILITIES & SERVICES — 5.9%
	247,442	ADMI Corporation(b)	TSFR1M + 3.375%	8.3350	12/23/27		241,442
	572,125	ADMI Corporation(b)	TSFR1M + 5.750%	10.5950	12/23/27		573,733
	496,222	Charlotte Buyer, Inc.(b)	TSFR1M + 4.750%	10.0760	02/11/28		500,641

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		TERM LOANS — 85.9% (Continued)
		HEALTH CARE FACILITIES & SERVICES — 5.9% (Continued)
	5,188,312	Heartland Dental, LLC(b)	TSFR1M + 4.500%	9.3450	04/28/28	$	5,107,788
	4,776,052	LifePoint Health, Inc.(b)	TSFR1M + 4.750%	10.3160	11/16/28		4,779,633
	1,990,000	LifePoint Health, Inc.(b)	TSFR1M + 4.000%	9.3200	05/09/31		1,992,667
	1,738,000	LifePoint Health, Inc.(b)	TSFR1M + 3.750%	8.9120	05/14/31		1,739,304
	3,314,675	MED ParentCo, L.P.(b)	TSFR1M + 4.000%	8.8450	04/07/31		3,323,674
	124,951	National Mentor Holdings, Inc.(b)	TSFR1M + 3.750%	8.4540	02/18/28		120,478
	4,364,631	National Mentor Holdings, Inc.(b)	TSFR1M + 3.750%	8.5750	02/18/28		4,208,377
	650,000	Outcomes Group Holdings, Inc.(b)	TSFR1M + 4.250%	9.4970	04/02/31		654,674
	3,486,269	Phoenix Guarantor, Inc.(b)	TSFR1M + 3.250%	8.4970	02/13/31		3,480,813
	2,421,596	Phoenix Newco, Inc.(b)	TSFR1M + 3.000%	8.2470	11/15/28		2,424,804
	832,031	Star Parent, Inc.(b)	TSFR1M + 4.000%	8.3540	09/19/30		810,764
							29,958,792
		HOME & OFFICE PRODUCTS — 0.7%
	2,662,212	Osmosis Debt Merger Sub, Inc.(b)	SOFRRATE + 3.750%	8.7010	06/17/28		2,662,078
	453,128	Weber-Stephen Products, LLC(b)	TSFR1M + 3.250%	8.2100	10/20/27		428,648
	674,051	Weber-Stephen Products, LLC(b)	TSFR1M + 4.350%	9.1950	10/29/27		637,400
							3,728,126
		HOUSEHOLD PRODUCTS — 0.4%
	1,200,000	Conair Holdings, LLC(b)	TSFR1M + 3.865%	8.7100	05/13/28		1,103,790
	1,028,000	Kronos Acquisition Holdings, Inc.(b)	TSFR1M + 4.000%	9.3140	06/27/31		966,320
							2,070,110
		INSTITUTIONAL FINANCIAL SERVICES — 3.0%
	6,895,675	Aretec Group, Inc.(b)	TSFR1M + 4.000%	8.8450	08/09/30		6,764,450
	1,548,762	Armor Holdco, Inc.(b)	TSFR6M + 4.500%	10.0140	10/29/28		1,560,377
	1,242,155	Ascensus Holdings, Inc.(b)	TSFR1M + 3.500%	8.8610	08/02/28		1,243,714
	2,696,289	Deerfield Dakota Holding, LLC(b)	SOFRRATE + 3.750%	8.3540	03/06/27		2,645,221
	1,678,105	Eisner Advisory Group, LLC(b)	TSFR1M + 4.000%	8.8450	02/24/31		1,685,908
	500,000	Hudson River Trading, LLC(b)	TSFR1M + 3.115%	8.3190	03/18/28		500,045
	792,000	VFH Parent, LLC(b)	TSFR1M + 2.750%	7.5950	06/13/31		793,980
							15,193,695
		INSURANCE — 10.6%
	1,520,280	ABG Intermediate Holdings 2, LLC(b)	TSFR1M + 2.750%	7.5950	12/21/28		1,523,556
	5,846,034	Acrisure, LLC(b)	TSFR1M + 3.000%	8.3440	02/16/27		5,839,954

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		TERM LOANS — 85.9% (Continued)
		INSURANCE — 10.6% (Continued)
	2,383,695	Acrisure, LLC(b)	TSFR1M + 3.250%	8.5940	11/06/30	$	2,365,078
	1,881,000	Alliant Holdings Intermediate, LLC(b)	TSFR1M + 3.000%	8.1180	09/12/31		1,872,592
	2,625,867	AmWINS Group, Inc.(b)	TSFR1M + 2.250%	7.2100	02/17/28		2,624,633
	597,000	Ardonagh Group Finco Pty Ltd.(b)	TSFR1M + 3.750%	8.4750	02/28/31		599,146
	3,053,697	AssuredPartners, Inc.(b)	TSFR1M + 3.500%	8.8220	02/10/31		3,054,231
	2,737,558	Asurion, LLC(b)	TSFR1M + 3.250%	8.2100	12/18/26		2,738,461
	2,411,000	Asurion, LLC(b)	TSFR1M + 5.250%	10.6110	01/29/28		2,270,210
	328,955	Asurion, LLC(b)	TSFR1M + 4.000%	8.9450	08/17/28		324,080
	900,000	Asurion, LLC(b)	TSFR1M + 5.250%	10.6110	01/14/29		835,101
	749,000	Baldwin Insurance Group Holdings, LLC (The)(b)	TSFR1M + 3.250%	8.0950	05/14/31		750,873
	6,846,761	BroadStreet Partners, Inc.(b)	TSFR1M + 3.250%	8.4970	05/12/31		6,827,350
	2,238,511	Howden Group Holdings Ltd.(b)	TSFR1M + 3.500%	8.7410	04/18/30		2,241,914
	1,073,015	HUB International Ltd.(b)	TSFR3M + 3.000%	8.2480	06/20/30		1,072,661
	1,341,982	Hyperion Refinance Sarl(b)	TSFR1M + 3.500%	8.7470	02/03/31		1,344,498
	2,904,397	IMA Financial Group, Inc. (The)(b)	TSFR1M + 3.850%	8.0950	11/01/28		2,903,496
	2,321,000	OneDigital Borrower, LLC(b)	TSFR1M + 3.250%	8.0950	06/13/31		2,305,531
	1,384,484	OneDigital Borrower, LLC(b)	TSFR1M + 5.250%	10.0950	06/14/32		1,374,100
	3,468,190	Sedgwick Claims Management Services, Inc.(b)	TSFR1M + 3.750%	8.2520	02/17/28		3,465,693
	2,969,412	Truist Insurance Holdings, LLC(b)	TSFR1M + 3.250%	8.5850	03/24/31		2,969,724
	1,841,477	Truist Insurance Holdings, LLC(b)	TSFR1M + 4.750%	10.0730	03/08/32		1,876,004
	1,945,036	USI, Inc.(b)	TSFR1M + 2.750%	8.0950	11/23/29		1,941,525
	1,215,828	USI, Inc.(b)	TSFR1M + 2.750%	7.3540	09/27/30		1,213,548
							54,333,959
		INTERNET MEDIA & SERVICES — 2.6%
	1,011,472	Hoya Midco, LLC(b)	TSFR1M + 3.000%	8.3350	02/05/29		1,017,799
	315,210	Knot Worldwide, Inc. (The)(b)	TSFR1M + 4.500%	9.3200	01/31/28		316,197
	4,822,375	MH Sub I, LLC(b)	TSFR1M + 4.250%	9.0950	05/03/28		4,797,564
	1,084,253	MH Sub I, LLC(b)	TSFR1M + 6.250%	11.5800	02/23/29		1,066,829
	5,713,805	Pug, LLC(b)	TSFR1M + 4.750%	9.9970	03/12/30		5,718,547
							12,916,936
		LEISURE FACILITIES & SERVICES — 3.1%
	1,500,000	1011778 BC ULC(b)	TSFR1M + 1.750%	6.5950	09/23/30		1,487,415
	145,270	BCPE Grill Parent, Inc.(b)	TSFR1M + 4.750%	10.0020	09/21/30		140,095
	2,567,812	ClubCorp Holdings, Inc.(b)	TSFR3M + 5.000%	9.8650	09/18/26		2,574,925

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		TERM LOANS — 85.9% (Continued)
		LEISURE FACILITIES & SERVICES — 3.1% (Continued)
	2,971,823	Fertitta Entertainment, LLC/NV(b)	SOFRRATE + 4.000%	8.8470	01/13/29	$	2,966,979
	3,708,110	IRB Holding Corporation(b)	TSFR1M + 2.850%	8.1770	12/15/27		3,707,591
	1,875,683	Ontario Gaming GTA, L.P.(b)	TSFR1M + 4.250%	9.5850	07/20/30		1,876,264
	1,238,149	Raptor Acquisition Corporation(b)	TSFR3M + 4.000%	9.0150	11/01/26		1,228,863
	1,650,051	UFC Holdings, LLC(b)	TSFR1M + 2.750%	8.2910	04/29/26		1,653,442
	350,000	Whatabrands, LLC(b)	TSFR1M + 2.750%	7.9970	08/03/28		349,883
							15,985,457
		MACHINERY — 0.2%
	997,500	Titan Acquisition Ltd.(b)	TSFR1M + 5.000%	10.3260	02/01/29		993,899
		MEDICAL EQUIPMENT & DEVICES — 0.9%
	2,658,551	Bausch + Lomb Corporation(b)	SOFRRATE + 3.250%	8.2700	05/05/27		2,652,277
	902,934	Bausch + Lomb Corporation(b)	TSFR1M + 4.000%	8.8450	09/14/28		903,503
	847,788	Medline Borrower, L.P.(b)	TSFR1M + 2.750%	7.9970	10/23/28		849,089
							4,404,869
		OIL & GAS PRODUCERS — 2.5%
	957,000	Buckeye Partners, L.P.(b)	TSFR1M + 1.750%	6.9130	11/02/26		958,196
	1,500,000	EG America, LLC(b)	TSFR1M + 5.615%	11.5790	02/07/28		1,501,253
	3,034,088	EPIC Crude Services, L.P.(b)	TSFR6M + 5.428%	9.9600	03/01/26		3,047,362
	431,686	GIP III Stetson I, L.P.(b)	TSFR1M + 4.350%	8.3450	10/05/28		431,794
	3,129,084	Medallion Midland Acquisition, L.P.(b)	TSFR1M + 3.500%	8.8440	10/18/28		3,136,515
	1,510,464	Prairie ECI Acquiror, L.P.(b)	TSFR1M + 4.750%	9.5950	08/01/29		1,510,675
	1,990,128	Rockpoint Gas Storage Partners, L.P.(b)	TSFR1M + 3.500%	8.7010	09/15/31		1,984,327
							12,570,122
		PUBLISHING & BROADCASTING — 0.7%
	1,560,146	Cengage Learning, Inc.(b)	TSFR1M + 4.250%	9.5380	03/18/31		1,565,412
	567,578	Century DE Buyer, LLC(b)	TSFR1M + 4.000%	9.2550	09/27/30		567,339
	1,583,000	McGraw-Hill Education, Inc.(b)	TSFR1M + 4.000%	8.6040	08/01/31		1,590,915
							3,723,666
		RENEWABLE ENERGY — 0.4%
	2,170,842	Granite Acquisition, Inc.(b)	TSFR1M + 2.865%	7.7100	03/17/28		2,073,154

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		TERM LOANS — 85.9% (Continued)
		RETAIL - DISCRETIONARY — 4.0%
	1,150,000	Harbor Freight Tools USA, Inc.(b)	TSFR1M + 2.500%	7.7470	06/05/31	$	1,133,952
	194,939	Hertz Corporation (The)(b)	TSFR1M + 3.250%	8.8610	06/14/28		174,891
	37,875	Hertz Corporation (The)(b)	TSFR1M + 3.250%	8.8610	06/14/28		33,980
	783,228	Hertz Corporation (The)(b)	TSFR1M + 3.865%	8.6070	06/30/28		703,683
	1,840,629	LBM Acquisition, LLC(b)	TSFR1M + 3.850%	8.6950	12/08/27		1,832,116
	455,000	LBM Acquisition, LLC(b)	TSFR1M + 3.750%	8.9680	05/30/31		446,919
	6,182,024	Mavis Tire Express Services Topco Corporation(b)	TSFR1M + 3.500%	8.3450	05/04/28		6,186,226
	731,917	Michaels Companies, Inc. (The)(b)	TSFR3M + 4.250%	9.1150	04/09/28		580,776
	1,443,666	Peer Holding III BV(b)	TSFR1M + 3.250%	8.5850	10/19/30		1,450,437
	392,000	Peer Holding III BV(b)	TSFR1M + 3.000%	8.3320	06/23/31		393,715
	1,593,119	RH(b)	TSFR1M + 2.615%	3.5600	10/15/28		1,535,369
	685,964	Staples, Inc.(b)	TSFR1M + 5.750%	10.6890	08/23/29		624,961
	4,551,820	Wand NewCompany 3, Inc.(b)	TSFR1M + 3.250%	8.4970	01/30/31		4,551,820
							19,648,845
		SEMICONDUCTORS — 0.2%
	862,000	Icon Parent, Inc.(b)	TSFR1M + 3.000%	8.2010	09/12/31		856,341
	216,000	Icon Parent, Inc.(b)	TSFR1M + 5.000%	10.2010	09/13/32		217,418
							1,073,759
		SOFTWARE — 16.5%
	3,272,184	athenahealth, Inc.(b)	SOFRRATE + 3.500%	8.4970	01/27/29		3,257,197
	4,350,777	Azalea Topco, Inc.(b)	TSFR1M + 3.500%	8.3450	04/24/31		4,346,513
	5,255,006	Boxer Parent Company, Inc.(b)	TSFR1M + 3.750%	9.0050	07/03/31		5,250,829
	1,121,494	Boxer Parent Company, Inc.(b)	TSFR1M + 5.750%	11.0050	07/06/32		1,105,608
	1,243,719	Bracket Intermediate Holding Corporation(b)	TSFR1M + 5.100%	9.7040	05/03/28		1,251,057
	4,677,133	Central Parent, Inc.(b)	TSFR1M + 3.250%	8.5850	07/06/29		4,634,268
	4,651,773	Cloud Software Group, Inc.(b)	TSFR1M + 4.000%	9.3350	03/29/29		4,638,189
	94,000	Cloud Software Group, Inc.(b)	TSFR1M + 4.500%	9.8350	03/19/31		94,365
	1,758,263	ConnectWise, LLC(b)	TSFR3M + 3.762%	8.3650	09/24/28		1,759,142
	5,867,056	Cotiviti, Inc.(b)	TSFR1M + 3.250%	8.4510	02/24/31		5,870,721
	820,000	DS Admiral Bidco, LLC(b)	TSFR1M + 4.250%	9.0950	06/05/31		791,300
	2,538,225	ECI Macola/Max Holding, LLC(b)	TSFR1M + 3.750%	9.0850	05/28/30		2,548,556
	1,052,000	Envestnet, Inc.(b)	TSFR1M + 3.500%	8.6040	09/19/31		1,048,602
	964,801	Epicor Software Corporation(b)	TSFR1M + 3.250%	8.4970	05/23/31		966,659

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		TERM LOANS — 85.9% (Continued)
		SOFTWARE — 16.5% (Continued)
	113,199	Epicor Software Corporation(b) (e)	TSFR1M + 3.250%	8.5710	05/23/31	$	113,417
	1,080,293	Flexera Software, LLC(b)	TSFR1M + 3.500%	8.4510	03/03/28		1,082,134
	618,451	Genesys Cloud Services Holdings II, LLC(b)	TSFR1M + 3.000%	0.0000	12/01/27		620,408
	5,628,816	Genesys Cloud Services Holdings II, LLC(b)	TSFR1M + 3.500%	8.7470	12/01/27		5,646,632
	694,138	Genesys Cloud Services Holdings II, LLC(b)	TSFR1M + 4.115%	9.2080	12/01/27		695,529
	344,000	GSM Holdings, Inc.(b)	TSFR1M + 5.000%	0.0000	09/30/31		321,640
	2,585,564	Idera, Inc.(b)	TSFR1M + 3.500%	8.8370	03/02/28		2,538,300
	2,717,404	Imprivata, Inc.(b)	TSFR1M + 3.500%	8.8300	12/01/27		2,731,561
	1,768,088	Isolved, Inc.(b)	TSFR1M + 3.500%	8.3450	10/15/30		1,777,229
	603,000	Leia Finco US, LLC(b)	TSFR1M + 3.250%	8.5790	07/02/31		594,455
	4,521,723	McAfee Corporation(b)	TSFR1M + 3.250%	8.4510	03/01/29		4,511,481
	2,296,000	Mitchell International, Inc.(b)	TSFR1M + 3.250%	8.0950	06/06/31		2,265,107
	1,680,555	Mitchell International, Inc.(b)	TSFR1M + 5.250%	10.0950	06/07/32		1,654,649
	1,084,542	Modena Buyer, LLC(b)	TSFR1M + 4.500%	9.1040	04/21/31		1,040,825
	2,500,000	Mosel Bidco S.E.(b)	TSFR1M + 4.750%	9.1040	08/01/30		2,515,625
	1,246,875	Project Alpha Intermediate Holding, Inc.(b)	TSFR1M + 3.750%	9.0700	10/28/30		1,251,052
	2,118,602	Project Boost Purchaser, LLC(b)	TSFR1M + 3.500%	8.7860	07/02/31		2,120,106
	100,000	Project Boost Purchaser, LLC(b)	TSFR1M + 5.250%	10.3630	07/02/32		100,333
	1,022,302	Project Sky Merger Sub, Inc.(b)	TSFR1M + 3.750%	8.6950	08/10/28		998,022
	1,235,398	Project Sky Merger Sub, Inc.(b)	TSFR1M + 6.000%	10.9450	08/10/29		1,169,514
	1,588,000	Quartz Acquireco, LLC(b)	TSFR1M + 2.750%	7.3540	06/28/30		1,590,985
	1,000,000	RealPage, Inc.(b)	TSFR1M + 3.250%	8.3610	02/18/28		972,000
	1,249,082	Rocket Software, Inc.(b)	TSFR1M + 4.750%	9.5950	11/28/28		1,251,861
	1,970,642	SolarWinds Holdings, Inc.(b)	TSFR1M + 2.750%	7.5950	02/05/30		1,974,337
	729,000	Thunder Generation Funding, LLC(b)	TSFR1M + 3.000%	8.0140	09/29/31		729,000
	4,557,309	UKG, Inc.(b)	TSFR1M + 3.600%	8.5550	01/31/31		4,563,006
	597,000	VS Buyer, LLC(b)	TSFR1M + 3.250%	8.5870	04/04/31		598,740
	1,248,906	Zelis Payments Buyer, Inc.(b)	TSFR1M + 2.750%	7.5950	09/28/29		1,249,625
							84,240,579
		SPECIALTY FINANCE — 0.9%
	270,937	Apex Group Treasury, LLC(b)	TSFR1M + 4.000%	9.3490	07/27/28		271,953
	731,491	Castlelake Aviation One DAC(b)	TSFR3M + 2.500%	7.4470	10/22/26		733,963
	1,000,000	Clipper Acquisitions Corporation(b)	TSFR1M + 1.865%	7.1170	03/03/28		986,250
	2,643,641	Kestra Advisor Services Holdings A, Inc.(b)	TSFR1M + 4.000%	9.0570	03/19/31		2,654,375

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		TERM LOANS — 85.9% (Continued)
		SPECIALTY FINANCE — 0.9% (Continued)
						$	4,646,541
		TECHNOLOGY HARDWARE — 0.1%
	461,000	Ingram Micro, Inc.(b)	TSFR1M + 2.750%	7.5640	09/17/31		461,579
		TECHNOLOGY SERVICES — 3.9%
	2,902,798	Access CIG, LLC(b)	TSFR1M + 5.000%	10.3300	08/15/28		2,918,865
	650,000	Acuris Finance Us, Inc.(b)	SOFRRATE + 4.000%	9.4850	02/04/28		648,375
	335,000	Ahead DB Holdings, LLC(b)	TSFR1M + 3.500%	8.7980	02/03/31		335,876
	2,277,154	Blackhawk Network Holdings, Inc.(b)	TSFR1M + 5.000%	9.8450	02/26/29		2,289,963
	6,161,686	Boost Newco Borrower, LLC(b)	TSFR1M + 2.500%	7.1040	08/01/31		6,171,946
	3,251,284	Fortress Intermediate 3, Inc.(b)	TSFR1M + 3.750%	9.0020	05/09/31		3,249,252
	1,525,889	ION Trading Finance Ltd.(b)	TSFR1M + 4.000%	9.0160	04/03/28		1,528,376
	552,000	Neon Maple US Debt Mergersub, Inc.(b)	TSFR1M + 3.000%	8.3260	07/21/31		546,596
	1,896,117	Peraton Corporation(b)	TSFR1M + 3.750%	9.0970	02/24/28		1,828,767
	128,919	Peraton Corporation(b)	TSFR3M + 7.750%	12.9710	02/01/29		121,385
							19,639,401
		TELECOMMUNICATIONS — 0.5%
	492,500	Altice France S.A.(b)	TSFR1M + 4.000%	9.3800	01/31/26		406,315
	1,609,015	CCI Buyer, Inc.(b)	SOFRRATE + 4.000%	9.3350	12/12/27		1,608,765
	730,000	Crown Subsea Communications Holding, Inc.(b)	TSFR1M + 4.000%	9.3430	01/30/31		735,384
							2,750,464
		TRANSPORTATION & LOGISTICS — 3.4%
	2,218,761	AAdvantage Loyalty IP Ltd.(b)	TSFR1M + 4.750%	8.0330	03/10/28		2,284,392
	1,143,646	Air Canada(b)	TSFR1M + 2.500%	7.2530	03/14/31		1,147,935
	400,000	American Airlines, Inc.(b)	TSFR1M + 3.500%	7.2090	05/29/29		397,500
	2,295,751	Genesee & Wyoming, Inc.(b)	TSFR1M + 2.000%	6.6040	04/07/31		2,292,548
	3,349,223	JetBlue Airways Corporation(b)	TSFR1M + 5.500%	10.2740	08/13/29		3,287,463
	1,289,086	Kenan Advantage Group, Inc. (The)(b)	TSFR1M + 3.250%	8.0950	01/25/29		1,286,940
	3,124,542	KKR Apple Bidco, LLC(b)	TSFR1M + 4.000%	8.3450	09/23/28		3,135,181
	3,704,000	Savage Enterprises, LLC(b)	TSFR1M + 3.365%	7.8540	09/17/28		3,719,872
							17,551,831

CATALYST/CIFC SENIOR SECURED INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		TERM LOANS — 85.9% (Continued)
		WHOLESALE - CONSUMER STAPLES — 0.2%
	1,048,714	Quirch Foods Holdings, LLC(b)	SOFRRATE + 4.500%	9.8870	10/27/27	$	991,952
		WHOLESALE - DISCRETIONARY — 0.1%
	293,000	Dealer Tire Financial, LLC(b)	TSFR1M + 3.500%	8.3450	06/25/31		294,220
		TOTAL TERM LOANS (Cost $437,558,153)					437,353,347
Shares
		SHORT-TERM INVESTMENTS — 9.4%
		MONEY MARKET FUNDS - 9.4%
	47,974,177	First American Treasury Obligations Fund, Class X, 4.81% (Cost $47,974,177)(d)					47,974,177
		TOTAL INVESTMENTS - 107.8% (Cost $548,400,136)				$	548,885,933
		LIABILITIES IN EXCESS OF OTHER ASSETS - (7.8)%					(39,882,761	)
		NET ASSETS - 100.0%				$	509,003,172

CLO	- Collateralized Loan Obligation
ETF	- Exchange-Traded Fund
LLC	- Limited Liability Company
LTD	- Limited Company
SPDR	- Standard & Poor’s Depositary Receipt
SOFRRATE	United States SOFR Secured Overnight Financing Rate
TSFR1M	Secured Overnight Financing Rate 1 Month
TSFR3M	Secured Overnight Financing Rate 3 Month
TSFR6M	Secured Overnight Financing Rate 6 Month

(a)	Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers.  As of September 30, 2024 the total market value of 144A securities is 47,921,464 or 9.4% of net assets.
(b)	Variable rate security; the rate shown represents the rate on September 30, 2024.
(c)	Percentage rounds to less than 0.1%.
(d)	Rate disclosed is the seven day effective yield as of September 30, 2024.
(e)	This Investment was not funded as of September 30, 2024. The Fund had $175,944 at par value in unfunded commitments as of September 30, 2024.

CATALYST/SMH HIGH INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Coupon Rate (%)	Maturity	Fair Value
		PREFERRED STOCKS — 0.3%
		LEISURE FACILITIES & SERVICES — 0.3%
	4,371	FAT Brands, Inc.	8.2500		$	42,967
		TOTAL PREFERRED STOCKS (Cost $102,762)				42,967
Principal Amount ($)
		CONVERTIBLE BONDS — 10.9%
		ASSET MANAGEMENT — 3.8%
	500,000	WisdomTree, Inc.	5.7500	08/15/28		622,500
		SPECIALTY FINANCE — 4.6%
	225,000	SoFi Technologies, Inc.(a)	1.2500	03/15/29		240,188
	584,000	Upstart Holdings, Inc.	0.2500	08/15/26		519,760
						759,948
		TECHNOLOGY HARDWARE — 2.5%
	500,000	Super Micro Computer, Inc.(a),(b)	0.0000	03/01/29		404,750
		TOTAL CONVERTIBLE BONDS (Cost $1,773,212)				1,787,198
		CORPORATE BONDS — 84.8%
		APPAREL & TEXTILE PRODUCTS — 1.8%
	300,000	Under Armour, Inc.	3.2500	06/15/26		290,584
		ASSET MANAGEMENT — 5.4%
	540,000	BlackRock TCP Capital Corporation(c)	6.9500	05/30/29		550,537
	350,000	Icahn Enterprises, L.P. / Icahn Enterprises	5.2500	05/15/27		335,695
						886,232
		AUTOMOTIVE — 4.1%
	741,000	American Axle & Manufacturing, Inc.(c)	5.0000	10/01/29		681,018
		CHEMICALS — 3.7%
	607,000	Rayonier AM Products, Inc.(a)	7.6250	01/15/26		598,802

CATALYST/SMH HIGH INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		CORPORATE BONDS — 84.8% (Continued)
		CONSUMER SERVICES — 1.8%
	300,000	Upbound Group, Inc.(a)	6.3750	02/15/29	$	290,698
		ENGINEERING & CONSTRUCTION — 1.0%
	145,000	Tutor Perini Corporation(a)	11.8750	04/30/29		161,820
		ENTERTAINMENT CONTENT — 3.0%
	478,000	AMC Networks, Inc.(a),(c)	10.2500	01/15/29		491,637
		HOME CONSTRUCTION — 3.6%
	582,000	Beazer Homes USA, Inc.	5.8750	10/15/27		582,703
		HOUSEHOLD PRODUCTS — 0.9%
	150,000	Central Garden & Pet Company	4.1250	10/15/30		139,649
		INSTITUTIONAL FINANCIAL SERVICES — 1.6%
	300,000	Coinbase Global, Inc.(a)	3.6250	10/01/31		254,505
		LEISURE FACILITIES & SERVICES — 6.5%
	500,000	Full House Resorts, Inc.(a),(c)	8.2500	02/15/28		501,086
	550,000	Odeon Finco PLC(a),(c)	12.7500	11/01/27		578,310
						1,079,396
		MACHINERY — 3.5%
	578,000	Titan International, Inc.(c)	7.0000	04/30/28		575,755
		METALS & MINING — 7.0%
	865,000	Coeur Mining, Inc.(a)	5.1250	02/15/29		840,488
	300,000	Hecla Mining Company	7.2500	02/15/28		306,194
						1,146,682
		OIL & GAS PRODUCERS — 1.2%
	175,000	Occidental Petroleum Corporation(c)	6.6000	03/15/46		188,471

CATALYST/SMH HIGH INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		CORPORATE BONDS — 84.8% (Continued)
		OIL & GAS SERVICES & EQUIPMENT — 3.5%
	200,000	Nine Energy Service, Inc.	13.0000	02/01/28	$	160,005
	517,000	Transocean, Inc.(c)	6.8000	03/15/38		422,444
						582,449
		REAL ESTATE INVESTMENT TRUSTS — 14.0%
	400,000	CoreCivic, Inc.	4.7500	10/15/27		382,274
	425,000	EPR Properties	3.7500	08/15/29		397,417
	853,000	MPT Operating Partnership, L.P. / MPT Finance(c)	5.0000	10/15/27		767,364
	874,000	Office Properties Income Trust(a)	9.0000	09/30/29		748,974
						2,296,029
		REAL ESTATE OWNERS & DEVELOPERS — 4.7%
	840,000	Howard Hughes Corporation (The)(a)	4.3750	02/01/31		770,763
		RETAIL - DISCRETIONARY — 10.3%
	1,065,000	Bed Bath & Beyond, Inc.(d)	5.1650	08/01/44		17,585
	428,000	Carvana Company(a)	14.0000	06/01/31		504,519
	783,000	Kohl’s Corporation(c)	5.5500	07/17/45		539,354
	825,000	Nordstrom, Inc.	5.0000	01/15/44		637,396
						1,698,854
		SPECIALTY FINANCE — 3.1%
	500,000	Enova International, Inc.(a)	9.1250	08/01/29		513,560
		STEEL — 4.1%
	653,000	United States Steel Corporation	6.6500	06/01/37		671,095
		TECHNOLOGY HARDWARE — 0.0%
	8,669,000	ENERGY CONVERSION DEVICES INC(a)(d)(f)(g)	0.0000	12/15/49		—
		TOTAL CORPORATE BONDS (Cost $17,214,599)				13,900,702
Shares
		SHORT-TERM INVESTMENTS — 28.7%
		COLLATERAL FOR SECURITIES LOANED - 26.3%
	4,303,902	Mount Vernon Liquid Assets Portfolio, 4.95% (Cost $4,303,902)(e)(h)				4,303,902

CATALYST/SMH HIGH INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		SHORT-TERM INVESTMENTS — 28.7% (Continued)
		MONEY MARKET FUNDS - 2.4%
	396,487	First American Treasury Obligations Fund, Class X, 4.81% (Cost $396,487)(e)	$	396,487
		TOTAL SHORT-TERM INVESTMENTS (Cost $4,700,389)		4,700,389
		TOTAL INVESTMENTS - 124.7% (Cost $23,790,962)	$	20,431,256
		LIABILITIES IN EXCESS OF OTHER ASSETS - (24.7)%		(4,051,868	)
		NET ASSETS - 100.0%	$	16,379,388

PLC - Public Limited Company

(a)	Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers.  As of September 30, 2024 the total market value of 144A securities is 6,900,100 or 42.1% of net assets.
(b)	Zero coupon bond.
(c)	All or a portion for these securities are on loan. Total loaned securities had a value of $4,218,231 at September 30, 2024.
(d)	Represents issuer in default on interest payments; non-income producing security.
(e)	Rate disclosed is the seven day effective yield as of September 30, 2024.
(f)	Illiquid security. The total fair value of these securities as of September 30, 2024 was $0, representing 0% of net assets.
(g)	The value of this security has been determined using significant unobservable inputs in good faith under policies of the Board of Trustees. The total of these securities is $0 or 0.0% of net assets.
(h)	Security was purchased with cash received as collateral for securities on loan at September 30, 2024. Total collateral had a value of $4,303,902 at September 30, 2024.

CATALYST/SMH TOTAL RETURN INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 42.1%
		ASSET MANAGEMENT - 20.9%
	3,300	Apollo Global Management, Inc.	$	412,203
	6,000	Carlyle Group, Inc. (The)(a)		258,360
	35,292	Compass Diversified Holdings(a)		781,012
	12,128	Main Street Capital Corporation(a)		608,098
	68,210	PennantPark Investment Corporation		476,788
	95,140	Prospect Capital Corporation(a)		508,999
	42,466	SuRo Capital Corporation(b)		171,138
	38,337	Trinity Capital, Inc.(a)		520,233
	49,500	US Global Investors, Inc., Class A		127,710
				3,864,541
		AUTOMOTIVE - 0.4%
	6,200	Ford Motor Company		65,472
		ELECTRIC UTILITIES - 0.7%
	1,442	NextEra Energy, Inc.		121,892
		FOOD - 1.0%
	5,284	Kraft Heinz Company (The)		185,521
		MEDICAL EQUIPMENT & DEVICES - 0.2%
	598	Solventum Corporation(b)		41,693
		OIL & GAS PRODUCERS - 2.8%
	2,098	Civitas Resources, Inc.		106,306
	10,028	Enbridge, Inc.		407,237
				513,543
		REAL ESTATE INVESTMENT TRUSTS - 8.5%
	7,947	Hannon Armstrong Sustainable Infrastructure Capital, Inc.(a)		273,933
	2,390	Innovative Industrial Properties, Inc.(a)		321,694
	30,628	NexPoint Diversified Real Estate Trust		191,425
	5,000	Realty Income Corporation		317,100
	14,475	VICI Properties, Inc.		482,162
				1,586,314

CATALYST/SMH TOTAL RETURN INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares					Fair Value
		COMMON STOCKS — 42.1% (Continued)
		SPECIALTY FINANCE - 3.6%
	26,000	AFC Gamma, Inc.			$	265,460
	24,106	New Residential Investment Corporation				273,603
	8,666	Sunrise Realty Trust, Inc.				124,704
						663,767
		TECHNOLOGY HARDWARE - 0.8%
	697	Apple, Inc.				162,401
		TECHNOLOGY SERVICES - 0.1%
	432	Kyndryl Holdings, Inc.(b)				9,927
		TELECOMMUNICATIONS - 3.1%
	16,602	AT&T, Inc.				365,244
	4,561	Verizon Communications, Inc.				204,835
						570,079
		TOTAL COMMON STOCKS (Cost $8,948,568)				7,785,150
Principal Amount ($)			Coupon Rate (%)	Maturity
		CONVERTIBLE BONDS — 10.5%
		ASSET MANAGEMENT — 2.9%
	435,000	WisdomTree, Inc.	5.7500	08/15/28		541,575
		SPECIALTY FINANCE — 5.3%
	717,000	EZCORP, Inc.	2.3750	05/01/25		709,013
	250,000	SoFi Technologies, Inc.(c)	1.2500	03/15/29		266,875
						975,888
		TECHNOLOGY HARDWARE — 2.3%
	525,000	Super Micro Computer, Inc.(c),(d)	0.0000	03/01/29		424,988
		TOTAL CONVERTIBLE BONDS (Cost $1,983,909)				1,942,451

CATALYST/SMH TOTAL RETURN INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		CORPORATE BONDS — 43.7%
		ASSET MANAGEMENT — 1.8%
	350,000	Icahn Enterprises, L.P. / Icahn Enterprises	5.2500	05/15/27	$	335,694
		AUTOMOTIVE — 3.2%
	639,000	American Axle & Manufacturing, Inc.(a)	5.0000	10/01/29		587,274
		CHEMICALS — 2.8%
	520,000	Rayonier AM Products, Inc.(c)	7.6250	01/15/26		512,977
		LEISURE FACILITIES & SERVICES — 5.7%
	500,000	Full House Resorts, Inc.(a),(c)	8.2500	02/15/28		501,086
	515,000	Odeon Finco PLC(a),(c)	12.7500	11/01/27		541,509
						1,042,595
		MACHINERY — 3.7%
	687,000	Titan International, Inc.(a)	7.0000	04/30/28		684,332
		METALS & MINING — 2.8%
	534,000	Coeur Mining, Inc.(a),(c)	5.1250	02/15/29		518,868
		OIL & GAS SERVICES & EQUIPMENT — 5.3%
	250,000	Nine Energy Service, Inc.	13.0000	02/01/28		200,006
	953,000	Transocean, Inc.(a)	6.8000	03/15/38		778,701
						978,707
		REAL ESTATE INVESTMENT TRUSTS — 10.6%
	778,000	CoreCivic, Inc.(a)	4.7500	10/15/27		743,523
	787,000	MPT Operating Partnership, L.P. / MPT Finance(a)	5.0000	10/15/27		707,990
	596,000	Office Properties Income Trust(c)	9.0000	09/30/29		510,742
						1,962,255
		REAL ESTATE OWNERS & DEVELOPERS — 2.2%
	445,000	Howard Hughes Corporation (The)(c)	4.3750	02/01/31		408,321
		RETAIL - DISCRETIONARY — 4.7%
	373,000	Bed Bath & Beyond, Inc.(e)	5.1650	08/01/44		6,159
	428,000	Carvana Company(c)	14.0000	06/01/31		504,519
	528,000	Kohl’s Corporation(a)	5.5500	07/17/45		363,702
						874,380

CATALYST/SMH TOTAL RETURN INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
		CORPORATE BONDS — 43.7% (Continued)
		TECHNOLOGY HARDWARE — 0.0%
	5,543,000	ENERGY CONVERSION DEVICES INC(c)(e)(g)(h)	0.0000	12/15/49	$	—
		TECHNOLOGY SERVICES — 0.9%
	200,000	Kyndryl Holdings, Inc.	3.1500	10/15/31		175,712
		TOTAL CORPORATE BONDS (Cost $9,828,011)				8,081,115
Shares
		SHORT-TERM INVESTMENTS — 43.2%
		COLLATERAL FOR SECURITIES LOANED - 40.7%
	7,538,067	Mount Vernon Liquid Assets Portfolio,  4.95% (Cost $7,538,067)(f)(i)				7,538,067
		MONEY MARKET FUNDS - 2.5%
	464,319	First American Treasury Obligations Fund, Class X, 4.81% (Cost $464,319)(f)				464,319
		TOTAL SHORT-TERM INVESTMENTS (Cost $8,002,386)				8,002,386
		TOTAL INVESTMENTS - 139.5% (Cost $28,762,874)			$	25,811,102
		LIABILITIES IN EXCESS OF OTHER ASSETS - (39.5)%				(7,302,891	)
		NET ASSETS - 100.0%			$	18,508,211

PLC - Public Limited Company

CATALYST/SMH TOTAL RETURN INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

(a)	All or a portion for these securities are on loan. Total loaned securities had a value of $7,349,958 at September 30, 2024.
(b)	Non-income producing security.
(c)	Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers.  As of September 30, 2024 the total market value of 144A securities is 4,189,885 or 22.6% of net assets.
(d)	Zero coupon bond.
(e)	Represents issuer in default on interest payments; non-income producing security.
(f)	Rate disclosed is the seven day effective yield as of September 30, 2024.
(g)	Illiquid security. The total fair value of these securities as of September 30, 2024 was $0, representing 0% of net assets.
(h)	The value of this security has been determined using significant unobservable inputs in good faith under policies of the Board of Trustees. The total of these securities is $0 or 0.0% of net assets.
(i)	Security was purchased with cash received as collateral for securities on loan at September 30, 2024. Total collateral had a value of $7,538,067 at September 30, 2024.

CATALYST BUFFERED SHIELD FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		EXCHANGE-TRADED FUNDS — 90.9%
		FIXED INCOME - 90.9%
	121,764	iShares 1-5 Year Investment Grade Corporate Bond ETF(a)	$	6,412,092
	122,165	PGIM Ultra Short Bond ETF(a)		6,081,374
	81,223	Vanguard Short-Term Corporate Bond ETF(a)		6,450,730
		TOTAL EXCHANGE-TRADED FUNDS (Cost $19,131,601)		18,944,196
		SHORT-TERM INVESTMENTS — 0.3%
		MONEY MARKET FUNDS - 0.3%
	58,093	First American Treasury Obligations Fund, Class X, 0.09% (Cost $58,093)(b)		58,093

Contracts(c)			Counterparty	Expiration Date	Exercise Price		Notional Value
		EQUITY OPTIONS PURCHASED - 13.1%
		CALL OPTIONS PURCHASED - 11.8%
	100	SPDR S&P 500 ETF Trust	FCS	12/20/2024	$	515	$	5,737,600	$	673,500
	100	SPDR S&P 500 ETF Trust	FCS	03/21/2025		515		5,737,600		760,950
	60	SPDR S&P 500 ETF Trust	FCS	06/20/2025		530		3,442,560		415,260
	60	SPDR S&P 500 ETF Trust	FCS	06/20/2025		545		3,442,560		358,020
	51	SPDR S&P 500 ETF Trust	FCS	09/19/2025		565		2,926,176		256,020
		TOTAL CALL OPTIONS PURCHASED (Cost - $1,548,687)								2,463,750
		PUT OPTIONS PURCHASED - 1.3%
	100	SPDR S&P 500 ETF Trust	FCS	12/20/2024	$	460	$	5,737,600	$	15,200
	100	SPDR S&P 500 ETF Trust	FCS	03/21/2025		475		5,737,600		47,700
	60	SPDR S&P 500 ETF Trust	FCS	06/20/2025		495		3,442,560		59,160
	60	SPDR S&P 500 ETF Trust	FCS	06/20/2025		500		3,442,560		59,400
	51	SPDR S&P 500 ETF Trust	FCS	09/19/2025		505		2,926,176		73,338
		TOTAL PUT OPTIONS PURCHASED (Cost - $497,125)								254,798
		TOTAL EQUITY OPTIONS PURCHASED (Cost - $2,045,812)								2,718,548
		TOTAL INVESTMENTS - 104.3% (Cost $21,235,506)							$	21,720,837
		CALL OPTIONS WRITTEN - (2.3)% (Premiums received - $274,512)								(480,517	)
		PUT OPTIONS WRITTEN - (2.2)% (Premiums received - $932,168)								(453,500	)
		OTHER ASSETS IN EXCESS OF LIABILITIES- 0.2%								38,815
		NET ASSETS - 100.0%							$	20,825,635

CATALYST BUFFERED SHIELD FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Contracts(c)			Counterparty	Expiration Date	Exercise Price		Notional Value		Fair Value
		WRITTEN EQUITY OPTIONS - (4.5)%
		CALL OPTIONS WRITTEN - (2.3)%
	100	SPDR S&P 500 ETF Trust	FCS	12/20/2024	$	590	$	5,737,600	$	101,400
	100	SPDR S&P 500 ETF Trust	FCS	03/21/2025		595		5,737,600		171,100
	60	SPDR S&P 500 ETF Trust	FCS	06/20/2025		610		3,442,560		97,320
	60	SPDR S&P 500 ETF Trust	FCS	06/20/2025		625		3,442,560		60,360
	51	SPDR S&P 500 ETF Trust	FCS	09/19/2025		645		2,926,176		50,337
		TOTAL CALL OPTIONS WRITTEN (Premiums received - $274,512)								480,517
		PUT OPTIONS WRITTEN - (2.2)%
	100	SPDR S&P 500 ETF Trust	FCS	12/20/2024	$	515	$	5,737,600	$	38,500
	100	SPDR S&P 500 ETF Trust	FCS	03/21/2025		515		5,737,600		82,600
	60	SPDR S&P 500 ETF Trust	FCS	06/20/2025		530		3,442,560		85,800
	60	SPDR S&P 500 ETF Trust	FCS	06/20/2025		545		3,442,560		102,780
	51	SPDR S&P 500 ETF Trust	FCS	09/19/2025		565		2,926,176		143,820
		TOTAL PUT OPTIONS WRITTEN (Premiums received - $932,168)								453,500
		TOTAL EQUITY OPTIONS WRITTEN (Premiums received - $1,206,680)							$	934,017

ETF	- Exchange-Traded Fund
SPDR	- Standard & Poor’s Depositary Receipt
FCS	- StoneX Group, Inc.

(a)	All or a portion of this security is segregated as collateral for written options.
(b)	Rate disclosed is the seven-day effective yield as of September 30, 2024.
(c)	Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security.

CATALYST ENHANCED INCOME STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 85.4%
		COLLATERALIZED MORTGAGE OBLIGATIONS — 27.7%
	76,058	Alternative Loan Trust Series 2006-J3 4A2		5.7500	05/25/26	$	72,800
	229,096	Alternative Loan Trust Series 2005-3CB 2A1		5.0000	03/25/35		206,678
	2,330,608	Alternative Loan Trust Series 2005-43 4A3(a)		4.4500	10/25/35		1,940,764
	159,069	Alternative Loan Trust Series 2006-4CB 2A3		5.5000	04/25/36		107,624
	1,049,486	Alternative Loan Trust Series 2006-4CB 2A6		5.5000	04/25/36		822,807
	406,907	Alternative Loan Trust Series 2006-28CB A3		6.5000	10/25/36		219,528
	632,537	Alternative Loan Trust Series 2007-12T1 A3		6.0000	06/25/37		298,662
	172,049	Banc of America Alternative Loan Trust Series 2006-4 3CB4		6.0000	05/25/46		154,095
	444,583	Banc of America Alternative Loan Trust Series 2006-6 2A10		6.0000	07/25/46		383,693
	320,550	Banc of America Alternative Loan Trust Series 2006-6 2A8		6.0000	07/25/46		276,648
	5,156	Banc of America Funding Trust Series 2004-3 1A11		5.5000	10/25/34		4,859
	200,950	Banc of America Funding Trust Series 2005-H 1A1(a)		5.8030	11/20/35		191,704
	268,042	Banc of America Funding Trust Series 2010-R8 1A4(b)		5.7500	05/26/36		161,069
	43,893	Banc of America Funding Trust Series 2006-5 4A8		6.0000	09/25/36		37,461
	792,974	Banc of America Funding Trust Series 5 CA4		6.0000	07/25/37		706,892
	37,719	Banc of America Funding Trust Series 2006-J 2A3(a)		4.3460	01/20/47		32,431
	123,151	Banc of America Funding Trust Series 2007-A 2A2(c)	TSFR1M + 0.534%	5.4950	02/20/47		101,057
	106,480	Banc of America Mortgage Trust Series 2005-A 1A1(a)		3.8880	02/25/35		91,087
	8,439	Banc of America Mortgage Trust Series 2005-G 4A2(a)		3.4770	08/25/35		7,626
	382,031	Banc of America Mortgage Trust Series 2005-G(a)		5.9650	08/25/35		364,950
	1,957,470	Banc of America Mortgage Trust Series 2007-2 A1(c)	TSFR1M + 0.464%	5.3190	05/25/37		1,323,781
	186,392	Banc of America Mortgage Trust Series 2007-2 A6		5.7500	05/25/37		144,216
	540,336	Bear Stearns ALT-A Trust Series 2005-4 23A2(a)		5.4540	05/25/35		513,913
	395,035	Bear Stearns ALT-A Trust Series 2005-5 24A1(a)		4.7220	07/25/35		338,570
	37,752	Bear Stearns ARM Trust Series 2004-7 1A1(a)		0.0001	10/25/34		29,152
	59,191	Bear Stearns ARM Trust Series 2006-2 3A2(a)		4.9000	07/25/36		51,511
	194,203	Bear Stearns ARM Trust Series 2006-4 2A1(a)		4.4020	10/25/36		172,384
	857,086	BRAVO Residential Funding Trust Series 2023-NQM4 A2(b),(d)		6.5870	05/25/63		867,813
	171,049	Chase Mortgage Finance Trust Series 2005-S2 A1		5.5000	10/25/35		166,311
	317,536	Chase Mortgage Finance Trust Series 2006-S3 1A6		6.0000	11/25/36		129,254
	203,259	ChaseFlex Trust Series 2005-2 2A2		6.5000	06/25/35		107,244
	85,526	ChaseFlex Trust Series 2006-1 A4(a)		6.3000	06/25/36		75,779
	69,069	CHL Mortgage Pass-Through Trust Series 2005-HYB2 1A4(a)		5.1350	05/20/35		66,339
	266,081	CHL Mortgage Pass-Through Trust Series 2005-18 A1		5.5000	10/25/35		143,085
	344,990	CHL Mortgage Pass-Through Trust Series 2006-HYB2 1A1(a)		5.1830	04/20/36		292,567
	910,005	CHL Mortgage Pass-Through Trust Series 2006-12 A1		6.0000	07/25/36		461,552

CATALYST ENHANCED INCOME STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 85.4% (Continued)
		COLLATERALIZED MORTGAGE OBLIGATIONS — 27.7% (Continued)
	196,346	CHL Mortgage Pass-Through Trust Series 2007-J2 1A1		6.0000	07/25/37	$	175,629
	826,176	CHL Mortgage Pass-Through Trust Series 2007-17 3A1		2.9452	10/25/37		210,884
	673,177	CHL Mortgage Pass-Through Trust Series 2007-HY3 4A1(a)		5.8110	06/25/47		663,444
	4,208,305	Citicorp Mortgage Securities Trust Series 2008-1 1A1		6.2500	02/25/38		4,032,132
	280,143	Citigroup Mortgage Loan Trust, Inc. Series 2007-6 1A1A(a)		4.7570	03/25/37		247,474
	2,852,374	Citigroup Mortgage Loan Trust, Inc. Series 2007-AR7 A3A(a)		3.6960	05/25/47		2,248,502
	118,731	CitiMortgage Alternative Loan Trust Series 2007-A4 1A6		5.7500	04/25/37		108,475
	149,406	Credit Suisse First Boston Mortgage Securities Series 2003-8 AX(e)		5.5000	04/25/33		17,411
	612,755	Credit Suisse First Boston Mortgage Securities Corporation Series 2002-30 DB1(a)		7.3240	11/25/32		626,072
	251,297	Credit Suisse First Boston Mortgage Securities Corporation Series 2005-5 6A3		5.0000	07/25/35		248,615
	2,747,439	Credit Suisse First Boston Mortgage Securities Corporation Series 2005-8 2A1		3.9450	09/25/35		761,348
	265,735	Credit Suisse First Boston Mortgage Securities Corporation Series 2005-11 8A4		6.0000	12/25/35		203,213
	29,816	CSFB Mortgage-Backed Pass-Through Certificates Series 2003-29 7A1		6.5000	12/25/33		31,123
	187,999	CSFB Mortgage-Backed Pass-Through Certificates Series 2005-10 6A3		5.7500	11/25/35		66,749
	27,459	CSMC Mortgage-Backed Trust Series 2007-5 8A2		6.0000	10/25/30		23,043
	1,572,254	CSMC Mortgage-Backed Trust Series 2006-5 3A3		2.6898	06/25/36		267,203
	1,866,197	CSMC Mortgage-Backed Trust Series 2006-5 3A1		2.6898	06/25/36		317,159
	665,078	CSMC Mortgage-Backed Trust Series 2006-5 3A4		2.6898	06/25/36		113,029
	2,999,202	CSMC Mortgage-Backed Trust Series 2006-7 9A5		2.8275	08/25/36		543,290
	4,811,543	CSMC Mortgage-Backed Trust Series 2006-9 4A1		6.0000	11/25/36		2,899,197
	1,480,981	Deutsche Alt-A Securities Mortgage Loan Trust Series 2007-1 1A4A(c)	TSFR1M + 0.334%	5.1890	08/25/37		1,237,006
	101,658	Deutsche Mortgage Securities Inc Mortgage Loan Trust Series 2004-2 M1(d)		5.5900	01/25/34		98,616
	48,137	First Horizon Alternative Mortgage Securities Trust Series 2004-AA3 A1(a)		5.7630	09/25/34		49,389
	7,330	First Horizon Alternative Mortgage Securities Trust Series 2005-AA6 2A1(a)		6.1930	08/25/35		5,235
	12,749	First Horizon Mortgage Pass-Through Trust Series 2000-H 2B1(a)		7.2960	05/25/30		12,749
	145,517	First Horizon Mortgage Pass-Through Trust Series 2007-AR3 2A2(a)		6.3640	11/25/37		112,990
	14,654	GMACM Mortgage Loan Trust Series 2005-AR1 4A(a)		6.9690	03/18/35		14,727
	294,442	GMACM Mortgage Loan Trust Series 2006-J1 A2		5.7500	04/25/36		260,222
	88,506	GSMPS Mortgage Loan Trust Series 1998-5 A(a),(b)		7.5000	06/19/27		87,436
	148,446	GSMPS Mortgage Loan Trust Series 1999-2 A(a),(b)		8.0000	09/19/27		147,259
	162,510	GSR Mortgage Loan Trust Series 2003-5F 2A1		4.0000	08/25/32		157,371
	13,232	GSR Mortgage Loan Trust Series 2004-2F 6A1		7.0000	01/25/34		13,498
	35,422	GSR Mortgage Loan Trust Series 2004-6F 1A2		5.0000	05/25/34		35,007

CATALYST ENHANCED INCOME STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 85.4% (Continued)
		COLLATERALIZED MORTGAGE OBLIGATIONS — 27.7% (Continued)
	880,301	GSR Mortgage Loan Trust Series 2005-3F 1A3		5.5000	03/25/35	$	766,161
	248,997	GSR Mortgage Loan Trust Series 2006-3F 2A7		5.7500	03/25/36		221,628
	506,043	GSR Mortgage Loan Trust Series 2006-9F 4A1		3.7600	10/25/36		211,640
	586,261	GSR Mortgage Loan Trust 2006-3F Series 3F 2A5		5.7500	03/25/36		521,820
	448,032	HSI Asset Loan Obligation Trust Series 2007-2 3A6		2.1063	09/25/37		144,172
	222,345	Impac CMB Trust Series 2004-9 1A2(c)	TSFR1M + 0.994%	5.8490	01/25/35		208,569
	751,933	Impac CMB Trust Series 2005-1 M2(c)	TSFR1M + 0.864%	5.7190	04/25/35		694,625
	2,021,400	IndyMac IMSC Mortgage Loan Trust Series 2007-F2 1A4		6.0000	07/25/37		1,439,954
	484,906	IndyMac INDA Mortgage Loan Trust Series 2006-AR1 A3(a)		3.8100	08/25/36		388,559
	142,459	IndyMac INDX Mortgage Loan Trust Series 2005-AR3 3A1(a)		4.4960	04/25/35		134,750
	78,543	IndyMac INDX Mortgage Loan Trust Series 2005-AR5 4A1(a)		4.3000	05/25/35		54,196
	419,446	IndyMac INDX Mortgage Loan Trust Series 2005-AR23 2A1(a)		4.8650	11/25/35		336,348
	1,323,635	JP Morgan Alternative Loan Trust Series 2005-S1 1A6		6.5000	12/25/35		476,823
	137,977	JP Morgan Mortgage Trust Series 2004-S1 1A7		5.0000	09/25/34		132,276
	10,078	JP Morgan Mortgage Trust Series 2005-A1 4A1(a)		7.5110	02/25/35		9,937
	27,795	JP Morgan Mortgage Trust Series 2006-A2 2A2(a)		5.2100	04/25/36		24,574
	364,194	JP Morgan Mortgage Trust Series 2007-A3 1A1(a)		4.6940	05/25/37		314,285
	4,365	Lehman Mortgage Trust Series 2007-9 1A1		6.0000	10/25/37		4,097
	8,759	MASTR Adjustable Rate Mortgages Trust Series 2003-5 4A1(a)		3.2970	11/25/33		7,852
	17,425	MASTR Adjustable Rate Mortgages Trust Series 2004-4 4A1(a)		6.1700	05/25/34		16,863
	362,481	MASTR Adjustable Rate Mortgages Trust Series 2005-2 3A1(a)		4.6610	03/25/35		334,749
	174,468	MASTR Adjustable Rate Mortgages Trust Series 2006-2 1A1(a)		6.6490	04/25/36		168,875
	102,822	MASTR Alternative Loan Trust Series 2005-5 2A3		5.5000	07/25/25		99,116
	4,650	MASTR Alternative Loan Trust Series 2004-5 1A1		5.5000	06/25/34		4,656
	64,521	MASTR Alternative Loan Trust Series 2005-3 2A1		6.0000	03/25/35		59,852
	351	MASTR Asset Securitization Trust Series 2005-1 1A1(f)		5.0000	Perpetual		189
	664,942	MASTR Asset Securitization Trust Series 2004-3 4A10		5.5000	03/25/34		583,749
	685,659	Merrill Lynch Alternative Note Asset Trust Series 2007-A2 A3D(c)	TSFR1M + 0.714%	0.7960	03/25/37		27,585
	978,614	Merrill Lynch Mortgage Investors Trust Series 2006-AF2 AF1		4.1690	10/25/36		391,645
	50,530	Morgan Stanley Mortgage Loan Trust Series 2004-5AR 1A1(a)		6.6200	07/25/34		51,271
	257,269	Morgan Stanley Mortgage Loan Trust Series 2006-2 2A4		5.7500	02/25/36		239,944
	554,807	Morgan Stanley Mortgage Loan Trust Series 2006-8AR 3A(a)		4.6420	06/25/36		409,895
	2,825,000	Morgan Stanley Mortgage Loan Trust Series 2007-6XS 2A6M(d)		6.2500	02/25/47		180,944
	13,191,000	Morgan Stanley Mortgage Loan Trust Series 2007-6XS 2A7M(d)		6.6620	02/25/47		836,527
	1,303,977	Nomura Asset Acceptance Corp Alternative Loan Trust Series 2005-AP3 A3(a)		1.4220	08/25/35		581,471

CATALYST ENHANCED INCOME STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 85.4% (Continued)
		COLLATERALIZED MORTGAGE OBLIGATIONS — 27.7% (Continued)
	397,866	Nomura Asset Acceptance Corp Alternative Loan Trust Series 2005-AR4 5A3(c)	TSFR1M + 0.694%	3.4015	08/25/35	$	341,898
	11,094,171	Nomura Asset Acceptance Corp Alternative Loan Trust Series 2006-AR2 3A1(c)	TSFR1M + 0.514%	1.2601	04/25/36		2,505,205
	837,937	OBX Trust Series 2023-NQM10 A2(b),(d)		6.9200	10/25/63		854,287
	8,339,596	PHH Alternative Mortgage Trust Series 2007-1 1A3(c)	TSFR1M + 0.594%	2.4280	02/25/37		992,919
	49,113	Prime Mortgage Trust Series 2004-1 1A6		5.2500	08/25/34		48,030
	500,000	PRKCM Trust Series 2022-AFC2 M1(a),(b)		6.0860	08/25/57		498,231
	284,285	RALI Series 2005-QO1 Trust Series 2005-QO1 A2(c)	12MTA + 1.500%	6.6230	08/25/35		234,167
	4,971,402	RALI Series 2006-QO3 Trust Series 2006-QO3 A2(c)	TSFR1M + 0.634%	3.7640	04/25/46		1,320,195
	71,583	RALI Series 2006-QS17 Trust Series 2006-QS17 A4		6.0000	12/25/36		59,370
	266,545	Residential Asset Securitization Trust Series 2004-A7 A2		5.5000	10/25/34		249,739
	2,833,086	Residential Asset Securitization Trust Series 2006-A6 1A14		1.7085	07/25/36		755,127
	3,668,195	Residential Asset Securitization Trust Series 2006-A6 1A13		1.7085	07/25/36		978,280
	739,987	Residential Asset Securitization Trust Series 2006-A6 1A1		1.8509	07/25/36		213,641
	886,250	Residential Asset Securitization Trust Series 2006-A13 A1		2.9192	12/25/36		309,154
	362,113	Residential Asset Securitization Trust Series 2007-A7 A6		6.0000	07/25/37		137,680
	2,382,301	Residential Asset Securitization Trust Series 2007-A8 3A1(a)		2.1540	08/25/37		973,708
	213,410	Residential Asset Securitization Trust Series 2007-A8 1A2		6.0000	08/25/37		111,313
	824,269	Residential Asset Securitization Trust Series 2004-IP1 B1(a)		4.9480	01/25/34		750,955
	40,772	RFMSI Series Trust Series 2006-S3 A2		5.5000	03/25/36		33,104
	1,351,684	RFMSI Series Trust Series 2006-SA4 2A1(a)		5.5580	11/25/36		1,127,039
	308,991	STARM Mortgage Loan Trust Series 2007-2 3A3(a)		5.8420	04/25/37		179,935
	137,570	Structured Adjustable Rate Mortgage Loan Trust Series 2004-17 A1(a)		4.6120	11/25/34		124,767
	184,210	Structured Adjustable Rate Mortgage Loan Trust Series 2004-19 1A2(a)		5.1550	01/25/35		175,956
	32,309	Structured Adjustable Rate Mortgage Loan Trust Series 2005-7 3A1(a)		5.5310	04/25/35		31,917
	181,553	Structured Asset Mortgage Investments II Trust Series 2007-AR3 2A1(c)	TSFR1M + 0.304%	5.1590	09/25/47		166,480
	1,420,255	Structured Asset Securities Corporation Series 1998-RF1 A(a),(b)		3.8820	04/15/27		1,418,024
	1,176,678	SunTrust Alternative Loan Trust Series 2006-1F 2A		6.5000	04/25/36		453,146
	164,504	TBW Mortgage-Backed Trust Series 2006-2 3A1		5.5000	07/25/36		13,380
	3,295,120	TBW Mortgage-Backed Trust Series 2007-2 A6B(d)		1.2500	07/25/37		193,779
	1,525,000	TBW Mortgage-Backed Trust Series 2007-2 A3B(a)		1.2500	07/25/37		90,435
	1,963,000	TBW Mortgage-Backed Trust Series 2007-2 A2B(a)		1.2500	07/25/37		116,618
	9,793	Thornburg Mortgage Securities Trust Series 2006-4 A2B(a)		5.5710	07/25/36		8,013
	1,510,024	Thornburg Mortgage Securities Trust Series 2007-2 A2A(c)	TSFR12M + 1.965%	4.3181	06/25/37		1,300,451
	5,276,335	Thornburg Mortgage Securities Trust Series 2006-3 A1(a)		4.0093	06/25/46		3,239,811

CATALYST ENHANCED INCOME STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 85.4% (Continued)
		COLLATERALIZED MORTGAGE OBLIGATIONS — 27.7% (Continued)
	164,006	Thornburg Mortgage Securities Trust Series 2007-3 3A1(c)	TSFR12M + 1.965%	3.9654	06/25/47	$	146,647
	745,565	Verus Securitization Trust Series 2023-5 A2(b),(d)		6.7590	06/25/68		755,424
	54,950	WaMu Mortgage Pass-Through Certificates Series 2005-AR18 2A1(a)		4.2384	01/25/36		50,727
	540,129	Washington Mutual Mortgage Pass-Through Certificates Series 2006-2 1A4(c)	TSFR1M + 0.814%	5.6690	03/25/36		490,488
	241,578	Wells Fargo Mortgage Backed Securities Series 2006-7 2A1		6.0000	06/25/36		216,069
							58,847,109
		HOME EQUITY — 16.7%
	2,247	ABFC Trust Series 2003-AHL1 M1(c)	TSFR1M + 1.389%	6.2440	03/25/33		2,140
	73,969	Ameriquest Mortgage Securities Asset-Backed Pass-Through Ctfs Series 2002-AR1 M2(c)	TSFR1M + 2.064%	6.9193	09/25/32		64,134
	167,056	Amresco Residential Securities Corp Mortgage Loan Trust Series 1997-3 M2F(a)		4.1600	09/25/27		160,677
	465,192	Bayview Financial Acquisition Trust Series 2007-A 2A(c)	TSFR1M + 0.639%	5.4850	05/28/37		449,253
	2,741,626	Bayview Financial Mortgage Pass-Through Series 2007-B 2A3(c)	TSFR1M + 1.389%	1.0505	08/28/47		698,629
	897,776	Bayview Financial Mortgage Pass-Through Series 2007-B 2A4(c)	TSFR1M + 1.164%	1.0505	08/28/47		228,943
	334,034	Bear Stearns Asset Backed Securities I Trust Series 2004-FR2 M5(c)	TSFR1M + 2.739%	5.0930	06/25/34		325,861
	76,922	Bear Stearns Asset Backed Securities I Trust Series 2004-HE7 M5(c)	TSFR1M + 3.039%	5.5175	08/25/34		74,055
	1,195,886	Bear Stearns Asset Backed Securities I Trust Series 2004-FR3 M4(c)	TSFR1M + 2.814%	5.6580	09/25/34		1,153,748
	915,923	Bear Stearns Asset Backed Securities Trust Series 2 M2(c)	TSFR1M + 2.964%	4.4700	08/25/34		927,088
	968,310	CDC Mortgage Capital Trust Series 2004-HE2 M2(c)	TSFR1M + 1.914%	6.7690	07/25/34		982,033
	5,891	Centex Home Equity Loan Trust Series 2002-A AF6		5.5400	01/25/32		5,984
	92,274	CHEC Loan Trust Series 2004-2 M1(c)	TSFR1M + 1.074%	5.9290	06/25/34		93,959
	4,373,023	Credit Suisse Seasoned Loan Trust Series 2006-1 M1(b),(c)	TSFR1M + 0.939%	3.2680	10/25/34		4,327,899
	410,379	Delta Funding Home Equity Loan Trust Series 1998-1 B1A(c)	TSFR1M + 2.004%	0.6670	05/25/30		409,600
	514,397	EMC Mortgage Loan Trust Series 2001-A A(b),(c)	TSFR1M + 0.854%	5.7090	05/25/40		510,831
	3,667,426	EMC Mortgage Loan Trust Series 2004-B M2 M2(b),(c)	TSFR1M + 3.489%	4.8090	01/25/41		3,658,851
	73,254	GE Mortgage Services, LLC Series 1998-HE2 A6(a)		6.6450	09/25/28		72,740
	11,286,673	GSAA Home Equity Trust Series 2006-3 A4(c)	TSFR1M + 0.814%	1.6148	03/25/36		825,247
	2,817,263	GSR Mortgage Loan Trust Series 2005-AR3 6A1(a)		4.5020	05/25/35		2,331,484
	44,563	Home Equity Asset Trust Series 2003-3 M2(c)	TSFR1M + 2.484%	7.3390	08/25/33		43,029
	313,129	Home Equity Mortgage Loan Asset-Backed Trust Series 2004-C M3(c)	TSFR1M + 1.089%	5.9443	03/25/35		274,380
	184,628	Home Equity Mortgage Loan Asset-Backed Trust Series 2004-C M7(c)	TSFR1M + 2.739%	7.5943	03/25/35		155,119
	930,786	Mastr Asset Backed Securities Trust Series 2003-OPT2 M4(c)	TSFR1M + 5.889%	2.7276	05/25/33		798,873
	443,099	Mastr Asset Backed Securities Trust Series 2003-WMC2 M6(c)	TSFR1M + 6.114%	4.3310	08/25/33		472,909
	5,234,288	Mastr Asset Backed Securities Trust Series 2006-WMC2 A5(c)	TSFR1M + 0.614%	1.0813	04/25/36		1,130,313

CATALYST ENHANCED INCOME STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 85.4% (Continued)
		HOME EQUITY — 16.7% (Continued)
	294,058	Meritage Mortgage Loan Trust Series 2004-1 M1(c)	TSFR1M + 0.864%	5.7190	07/25/34	$	297,959
	658,196	Merrill Lynch Mortgage Investors Trust Series 2004-HE1 M2(c)	TSFR1M + 2.364%	4.4001	04/25/35		633,370
	491,500	Merrill Lynch Mortgage Investors Trust Series 2006-AR1 A1(c)	TSFR1M + 0.444%	1.5935	03/25/37		171,183
	58,606	Morgan Stanley A.B.S Capital I Inc Trust Series 2004-HE1 B1(c)	TSFR1M + 2.739%	7.5943	01/25/34		61,779
	810,086	Nomura Home Equity Loan Inc Home Equity Loan Trust Series 2006-AF1 A4(c)	TSFR1M + 0.774%	0.9729	10/25/36		182,972
	351,509	NovaStar Mortgage Funding Trust Series 2003-1 M1(c)	TSFR1M + 1.539%	4.3040	05/25/33		338,691
	167,479	NovaStar Mortgage Funding Trust Series 2004-1 M4(c)	TSFR1M + 1.577%	6.4318	06/25/34		159,897
	2,991,961	NovaStar Mortgage Funding Trust Series 2006-6 A2B(c)	TSFR1M + 0.314%	1.1966	01/25/37		1,033,684
	254,492	RASC Series Trust Series 2004-KS10 M4(c)	TSFR1M + 2.589%	7.4443	11/25/34		256,869
	245,285	Renaissance Home Equity Loan Trust Series 2003-2 M1(c)	TSFR1M + 1.352%	3.8380	08/25/33		230,281
	330,202	Renaissance Home Equity Loan Trust Series 2007-2 AF2(d)		5.6750	06/25/37		82,983
	431,110	Renaissance Home Equity Loan Trust Series 2007-1 AF5(d)		3.5520	04/25/37		118,215
	618,507	Saxon Asset Sec Trust Mtg Ln Asset Bk Cert Series 2000-1 BF1(a)		3.5340	02/25/30		758,742
	3,392,722	Structured Asset Securities Corp Mortgage Loan Trust Series 2005-NC2 M7(c)	TSFR1M + 1.164%	4.1460	05/25/35		3,142,171
	23,587,000	Terwin Mortgage Trust Series 2006-3 2A3(b),(c)	TSFR1M + 0.734%	1.5161	04/25/37		7,600,011
							35,246,586
		MANUFACTURED HOUSING — 0.3%
	1,611,849	BCMSC Trust Series 2000-A A4(a)		8.2900	06/15/30		160,469
	500,000	Cascade MH Asset Trust Series 2019-MH1 M(a),(b)		5.9850	11/01/44		480,405
							640,874
		NON AGENCY CMBS — 24.0%
	1,000,000	BXP Trust Series 2017-CQHP A(b),(c)	TSFR1M + 0.897%	5.9940	11/15/34		941,297
	2,869,000	CFCRE Commercial Mortgage Trust Series 2011-C2 E(a),(b)		5.0800	12/15/47		2,490,012
	6,357,126	Citigroup Commercial Mortgage Trust Series 2014-GC21 E(a),(b)		3.5880	05/10/47		4,554,538
	4,565,000	Citigroup Commercial Mortgage Trust Series 2015-GC35 D		3.2360	11/10/48		2,890,015
	5,000,000	Citigroup Commercial Mortgage Trust Series 2015-GC35 C(a)		4.6060	11/10/48		3,478,690
	4,108,000	COMM 2013-CCRE12 Mortgage Trust Series 2013-CR12 C(a)		0.0001	10/10/46		441,347
	2,964,000	Commercial Mortgage Pass Through Certificates Series 2012-LTRT B(b)		3.8000	10/05/30		2,736,971
	2,622,300	GS Mortgage Securities Trust Series 2014-GC22 D(a),(b)		4.7260	06/10/47		762,013
	5,726,000	GS Mortgage Securities Trust Series 2014-GC22 E(b)		3.5820	06/10/47		1,290,731
	1,350,000	HMH Trust Series 2017-NSS E(b)		6.2920	07/05/31		175,500
	7,005,000	JP Morgan Chase Commercial Mortgage Securities Trust Series 2011-C3 C(a),(b)		5.3600	02/15/46		6,206,496
	2,000,000	JPMBB Commercial Mortgage Securities Trust Series 2013-C12 D(a)		4.0710	07/15/45		1,762,500
	1,250,000	JPMBB Commercial Mortgage Securities Trust Series 2015-C32 D(a)		4.3040	11/15/48		144,056

CATALYST ENHANCED INCOME STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 85.4% (Continued)
		NON AGENCY CMBS — 24.0% (Continued)
	2,621,067	Morgan Stanley Capital I Trust Series 2006-HQ10 B(a)		0.0001	11/12/41	$	2,237,605
	5,000,000	Morgan Stanley Capital I Trust Series 2012-C4 E(a),(b)		5.3360	03/15/45		3,367,027
	4,862,177	Morgan Stanley Capital I Trust Series 2006-T21 C(a),(b)		5.1800	10/12/52		3,914,052
	13,533,384	Starwood Retail Property Trust Series 2014-STAR A(b),(c)	PRIME - 0%	8.5000	11/15/27		8,689,389
	1,865,355	Wachovia Bank Commercial Mortgage Trust Series 2006-C24 E(a)		5.5190	03/15/45		1,763,136
	3,000,000	WFRBS Commercial Mortgage Trust Series 2014-C22 E(b)		3.4550	09/15/57		1,349,397
	1,733,367	WFRBS Commercial Mortgage Trust Series 2014-LC14 D(a),(b)		4.5860	03/15/47		1,585,649
							50,780,421
		RESIDENTIAL MORTGAGE — 16.7%
	56,809	Bear Stearns Asset Backed Securities Trust Series 2004-SD4 A1(c)	TSFR1M + 1.014%	5.8690	08/25/44		55,610
	82,226	Carrington Mortgage Loan Trust Series 2004-NC2 M1(c)	TSFR1M + 1.149%	6.0040	08/25/34		83,315
	5,195,524	Carrington Mortgage Loan Trust Series 2006-FRE2 A5(c)	TSFR1M + 0.194%	3.1556	03/25/35		4,199,514
	9,010,592	Carrington Mortgage Loan Trust Series 2006-FRE2 A2(c)	TSFR1M + 0.234%	3.1556	10/25/36		7,283,961
	2,163,736	Carrington Mortgage Loan Trust Series 2006-FRE2 A3(c)	TSFR1M + 0.274%	3.1556	10/25/36		1,749,286
	997,919	Countrywide Asset-Backed Certificates Series 2002-4 M2(c)	TSFR1M + 2.364%	5.3702	11/25/32		1,040,742
	928,113	Credit-Based Asset Servicing and Securitization, LLC Series 2002-CB2 M2(c)	TSFR1M + 2.064%	1.3499	04/25/32		985,945
	37,734	Credit-Based Asset Servicing and Securitization, LLC Series 2002-CB4 B1(c)	US0001M + 2.850%	7.8190	02/25/33		40,391
	393,898	Credit-Based Asset Servicing and Securitization, LLC Series 2004-CB2 M1(c)	TSFR1M + 0.894%	3.8144	07/25/33		394,925
	1,727,392	Credit-Based Asset Servicing and Securitization, LLC Series 2004-CB8 M3(c)	TSFR1M + 1.614%	6.4693	12/25/35		1,547,016
	1,960,616	CSMC Trust Series 2006-CF3 M3(b),(c)	TSFR1M + 1.364%	6.2190	10/25/36		2,286,496
	1,168,247	CWABS Asset-Backed Certificates Trust Series 2004-10 MF3(a)		4.3130	09/25/34		1,058,088
	626,282	Encore Credit Receivables Trust Series 2005-1 M4(c)	TSFR1M + 1.134%	4.0820	07/25/35		572,128
	667,699	Equity One Mortgage Pass-Through Trust Series 2004-3 M2(d)		3.8190	07/25/34		589,611
	246,381	Finance America Mortgage Loan Trust Series 2004-3 M4(c)	TSFR1M + 1.494%	2.3039	11/25/34		209,872
	131,333	Fremont Home Loan Trust Series 2004-2 M6(c)	TSFR1M + 2.139%	6.9940	07/25/34		113,727
	7,986,370	GE-WMC Mortgage Securities Trust Series 2006-1 A2B(c)	TSFR1M + 0.414%	1.4069	08/25/36		3,404,710
	3,115,251	GE-WMC Mortgage Securities Trust Series 2006-1 A2C(c)	TSFR1M + 0.594%	1.4130	08/25/36		1,328,000
	2,190,010	GSRPM Mortgage Loan Trust Series 2007-1 A(b),(c)	TSFR1M + 0.514%	3.3881	10/25/46		2,014,786
	73,536	Home Equity Mortgage Loan Asset-Backed Trust Series INABS 2006-D 2A3(c)	TSFR1M + 0.274%	5.1293	11/25/36		65,985
	390,357	IXIS Real Estate Capital Trust Series 2006-HE2 A3(c)	TSFR1M + 0.434%	1.0527	08/25/36		108,692
	44,650,621	Merrill Lynch Mortgage Investors Trust Series 2006-RM2 A1B(c)	TSFR1M + 0.584%	0.5785	05/25/37		1,723,885
	39,783	Morgan Stanley A.B.S Capital I Inc Trust Series 2004-NC8 M4(c)	TSFR1M + 1.614%	6.4690	09/25/34		42,735
	8,875,000	Morgan Stanley A.B.S Capital I Inc Trust Series 2007-SEA1 2A4(b),(c)	TSFR1M + 3.914%	2.1969	02/25/47		838,960
	3,173,453	Park Place Securities Inc Asset-Backed Pass-Through Certificates Series 2004-WCW2 M6(c)	TSFR1M + 2.289%	2.8657	10/25/34		2,812,310

CATALYST ENHANCED INCOME STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 85.4% (Continued)
		RESIDENTIAL MORTGAGE — 16.7% (Continued)
	517,979	Specialty Underwriting & Residential Finance Trust Series 2007-AB1 A2D(c)	TSFR1M + 0.464%	2.3298	03/25/37	$	287,349
	201,347	Structured Asset Investment Loan Trust Series 2004-5 M5(c)	TSFR1M + 1.839%	0.0001	05/25/34		184,581
	278,525	Structured Asset Securities Corp Series 2005-WF1 M8(c)	TSFR1M + 2.169%	7.0240	02/25/35		288,976
							35,311,596
		TOTAL ASSET BACKED SECURITIES (Cost $223,165,836)					180,826,586
Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		U.S. GOVERNMENT & AGENCY OBLIGATIONS — 9.5%
	2,643,849	Fannie Mae REMICS Series 2010-27 SG(c),(e)	SOFR30A + 4.886%	0.0001	04/25/40		181,770
	3,047,467	Fannie Mae REMICS Series 2011-117 SA(c),(e)	SOFR30A + 6.436%	1.1550	11/25/41		378,095
	842,412	Fannie Mae REMICS Series 2011-124 NS(c),(e)	SOFR30A + 6.386%	1.1050	12/25/41		107,271
	170,083	Fannie Mae REMICS Series 2012-126 DI(e)		3.0000	11/25/27		5,284
	721,321	Fannie Mae REMICS Series 2012-126 SJ(c),(e)	SOFR30A + 4.886%	0.0001	11/25/42		45,742
	2,698,523	Fannie Mae REMICS Series 2012-88 SB(c),(e)	SOFR30A + 6.556%	1.2750	07/25/42		305,670
	63,452	Fannie Mae REMICS Series 2012-94YS (c),(e)	SOFR30A + 6.536%	1.2550	06/25/39		137
	2,847,614	Fannie Mae REMICS Series 2014-6 SA(c),(e)	SOFR30A + 6.486%	1.2050	02/25/44		374,793
	2,139,314	Fannie Mae REMICS Series 2016-64 SA(c),(e)	SOFR30A + 5.886%	0.6050	09/25/46		286,416
	871,498	Fannie Mae REMICS Series 2017-112 SC(c),(e)	SOFR30A + 6.036%	0.7550	01/25/48		118,728
	698,196	Fannie Mae REMICS Series 2017-30 MI(e)		4.0000	02/25/44		25,322
	576,167	Fannie Mae REMICS Series 2017-38 S(c),(e)	SOFR30A + 5.986%	0.7050	05/25/47		82,674
	26,567	Fannie Mae REMICS Series 2017-6 MI(e)		4.0000	08/25/44		1,462
	13,939,330	Fannie Mae REMICS Series 2018-28 ID(a),(e)		0.8290	05/25/48		1,050,443
	218,746	Fannie Mae REMICS Series 2020-16 SJ(c),(e)	SOFR30A + 5.936%	0.6550	03/25/50		25,933
	2,997,563	Fannie Mae REMICS Series 2020-95 IB(e)		2.5000	01/25/51		477,278
	7,057,702	Fannie Mae REMICS Series 2021-45 JI(e)		2.5000	07/25/51		1,056,846
	3,040,461	Fannie Mae REMICS Series 2021-56 IM(c),(e)	SOFR30A + 2.200%	0.0001	09/25/51		68,358
	20,748,689	Fannie Mae REMICS Series 2021-69 JS(c),(e)	SOFR30A + 2.550%	0.0001	10/25/51		457,042
	11,517,597	Fannie Mae REMICS Series 2021-80 IA(e)		2.0000	11/25/51		1,481,908
	756,411	Freddie Mac REMICS Series 3852 SW(c),(e)	SOFR30A + 5.886%	0.5430	05/15/41		89,419
	138,931	Freddie Mac REMICS 3980 TS(c),(e)	SOFR30A + 6.386%	1.0430	09/15/41		18,261
	699,386	Freddie Mac REMICS Series 4100 JI(e)		3.5000	10/15/41		81,321
	150,413	Freddie Mac REMICS Series 4205 AI(e)		2.5000	05/15/28		4,245
	329,811	Freddie Mac REMICS Series 4226 IM(e)		3.5000	09/15/31		887

CATALYST ENHANCED INCOME STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		U.S. GOVERNMENT & AGENCY OBLIGATIONS — 9.5% (Continued)
	5,250,294	Freddie Mac REMICS Series 4239 NI(c),(e)	SOFR30A + 28.791%	0.0001	07/15/43	$	974,143
	436,428	Freddie Mac REMICS Series 4314 SE(c),(e)	SOFR30A + 5.936%	0.5930	03/15/44		59,422
	330,201	Freddie Mac REMICS Series 4431 ST(c),(e)	SOFR30A + 5.936%	0.6430	01/15/45		44,463
	55,140	Freddie Mac REMICS Series 4449 PI(e)		4.0000	11/15/43		4,577
	469,349	Freddie Mac REMICS Series 4580 MI(e)		3.5000	02/15/43		8,467
	5,305,014	Freddie Mac REMICS Series 4604 SA(c),(e)	SOFR30A + 5.986%	0.6430	08/15/46		532,566
	6,908,001	Freddie Mac REMICS Series 4639 GS(c),(e)		0.5580	03/15/36		407,278
	166,182	Freddie Mac REMICS Series 4672 AI(e)		4.5000	03/15/45		1,771
	7,700	Freddie Mac REMICS Series 4680 LI(e)		4.0000	10/15/43		10
	43,695	Freddie Mac REMICS Series 4818 BI(e)		4.0000	03/15/45		651
	399,000	Freddie Mac REMICS Series 5050 GL		1.2500	12/25/50		185,906
	5,552,461	Freddie Mac REMICS Series 5071 IS(e)		2.0000	02/25/51		614,743
	18,198,165	Freddie Mac REMICS 5090 SA(c),(e)	SOFR30A + 1.550%	0.0001	03/25/51		83,886
	15,031,889	Freddie Mac REMICS 5177 AS(c),(e)	SOFR30A + 3.150%	0.0001	12/25/51		299,767
	5,204,226	Government National Mortgage Association Series 2010-147 S(c),(e)	TSFR1M + 6.536%	1.5750	11/20/40		703,396
	2,296,348	Government National Mortgage Association Series 2011-100 SA(c),(e)	TSFR1M + 5.336%	0.3750	07/20/41		211,033
	10,507,219	Government National Mortgage Association Series 2011-99 DS(c),(e)	TSFR1M + 5.986%	0.8890	07/16/41		1,092,947
	166,506	Government National Mortgage Association Series 2012-36 QS(c),(e)	TSFR1M + 6.506%	1.5450	03/20/42		15,652
	314,598	Government National Mortgage Association Series 2014-118 AI(e)		3.5000	05/16/40		10,614
	2,656,502	Government National Mortgage Association Series 2014-133 SA(c),(e)	TSFR1M + 6.136%	1.0390	09/16/44		248,109
	1,552,012	Government National Mortgage Association Series 2014-3 SE(c),(e)	TSFR1M + 6.036%	0.9390	01/16/44		181,495
	2,243,119	Government National Mortgage Association Series 2014-36 SY(c),(e)	TSFR1M + 6.086%	0.9890	03/16/44		218,215
	3,282,986	Government National Mortgage Association Series 2015-3 DS(c),(e)	TSFR1M + 5.486%	0.5250	11/20/41		75,341
	202,828	Government National Mortgage Association Series 2016-1 ST(c),(e)	TSFR1M + 6.086%	1.1250	01/20/46		25,906
	2,142,567	Government National Mortgage Association Series 2018-120 JS(c),(e)	TSFR1M + 6.086%	1.1250	09/20/48		226,311
	222,744	Government National Mortgage Association Series 2018-154 DI(e)		4.0000	01/20/45		5,186
	3,414,926	Government National Mortgage Association Series 2018-154 HS(c),(e)	TSFR1M + 6.086%	1.1250	11/20/48		362,303
	4,421,266	Government National Mortgage Association Series 2018-154 SP(c),(e)	TSFR1M + 6.036%	1.0750	11/20/48		533,219
	19,945,968	Government National Mortgage Association Series 2019-112 AS(c),(e)	TSFR1M + 3.296%	0.0001	09/20/49		572,635
	11,295,442	Government National Mortgage Association Series 2019-20 ES(c),(e)	TSFR1M + 3.676%	0.0001	02/20/49		348,881
	1,683,441	Government National Mortgage Association Series 2019-22 SA(c),(e)	TSFR1M + 5.486%	0.5250	02/20/45		180,908
	952,000	Government National Mortgage Association Series 2020-141 ML(e)		1.5000	09/20/50		474,755

CATALYST ENHANCED INCOME STRATEGY FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		U.S. GOVERNMENT & AGENCY OBLIGATIONS — 9.5% (Continued)
	2,202,441	Government National Mortgage Association Series 2020-86 SN(c),(e)	TSFR1M + 5.936%	0.9750	08/20/49	$	267,624
	9,190,086	Government National Mortgage Association Series 2021-156 BI(e)		2.5000	09/20/51		1,359,835
	5,972,231	Government National Mortgage Association Series 2021-49 JP(e)		2.5000	01/20/51		641,381
	290,582	Government National Mortgage Association Series 2021-89 JL		1.5000	05/20/51		162,641
	42,171,590	Government National Mortgage Association Series 2022-121 SA(c),(e)	SOFR30A + 3.690%	0.0001	07/20/52		768,404
	15,289,865	Government National Mortgage Association Series 2022-22 PS(c),(e)	SOFR30A + 3.650%	0.0001	08/20/51		421,130
	16,595,993	Government National Mortgage Association Series 2022-83 SJ(c),(e)	SOFR30A + 3.200%	0.0001	05/20/52		335,216
	16,166,500	Government National Mortgage Association Series 2022-93 AS(c),(e)	SOFR30A + 4.150%	0.0001	05/20/52		689,986
	563,030	Government National Mortgage Association Series 2024-4 IC(e)		7.0000	03/20/52		27,665
		TOTAL U.S. GOVERNMENT & AGENCY OBLIGATIONS (Cost $25,904,612)					20,103,743
Shares
		SHORT-TERM INVESTMENTS — 4.8%
		MONEY MARKET FUNDS - 4.8%
	10,223,413	First American Treasury Obligations Fund, Class X, 4.81% (Cost $10,223,413)(g)					10,223,413
		TOTAL INVESTMENTS - 99.7% (Cost $259,293,861)				$	211,153,742
		OTHER ASSETS IN EXCESS OF LIABILITIES - 0.3%					611,084
		NET ASSETS - 100.0%				$	211,764,826

LLC	- Limited Liability Company
REMIC	- Real Estate Mortgage Investment Conduit
12MTA	- Federal Reserve US 12 Month Cumulative Avg 1 Year CMT
PRIME	- Prime Rate by Country United States
SOFR30A	- United States 30 Day Average SOFR Secured Overnight Financing Rate
TSFR12M	- Secured Overnight Financing Rate 12 Month
TSFR1M	- Secured Overnight Financing Rate 1 Month
US0001M	- ICE LIBOR USD 1 Month

(a)	Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.
(b)	Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers.  As of September 30, 2024 the total market value of 144A securities is 64,570,854 or 30.5% of net assets.
(c)	Variable rate security: the rate shown represents the rate on September 30, 2024.
(d)	Step bond.  Coupon rate is a fixed rate that changes on a specified date.  The rate shown is the current rate at September 30, 2024.
(e)	Interest only securities.
(f)	Maturity not determined on this security, maturity will occur based on the maturity of the underlying bonds.
(g)	Rate disclosed is the seven-day effective yield as of September 30, 2024.