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Shareholder Report
 12 Months Ended 120 Months Ended
Jun. 30, 2024
USD ($)
Holding
Jun. 30, 2024
USD ($)
Holding
Shareholder Report [Line Items]    
Document Type N-CSR  
Amendment Flag false  
Registrant Name Mutual Fund Series Trust  
Entity Central Index Key 0001355064  
Entity Investment Company Type N-1A  
Document Period End Date Jun. 30, 2024  
C000206025    
Shareholder Report [Line Items]    
Fund Name Catalyst Enhanced Income Strategy Fund  
Class Name Class A  
Trading Symbol EIXAX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst Enhanced Income Strategy Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$178
1.78%
  
Expenses Paid, Amount $ 178  
Expense Ratio, Percent 1.78%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

This past year has been challenging for most subsectors within fixed income as persistent inflation and thus elevated interest rates have caused most fixed income assets to go sideways. Fortunately, due to the credit strength of our investments and our tactful investment thesis, we have fared considerably better than our benchmark historically. During the last year, duration rallied considerably; however, the Fund has much less exposure to interest rate duration and thus underperformed its benchmark.

Due to macro uncertainty and higher rates, investments in the Fund now yield more than they have in years and are less volatile than they were in the past. For example, before the 2022 bond rout, generic Non-agency RMBS senior bonds yielded 3-5% and now yield 7-12%. They are generally less volatile now than they were then due to amortization and continued strength in the housing market.

We have added and continue to optimistically add agency inverse interest only securities (IIO). These bonds benefit from the front end of the rate curve going lower, which would drive the coupon higher, hence the term inverse. This small position serves as a bit of a macro hedge in the event of large market disruption or recession. We anticipate the interest rate curve steepening towards the end of this year and into 2025, which would be beneficial for this position. This small position can have an outsized impact on total return for the fund.

Over the past year, we have maintained an allocation to select commercial mortgage-backed securities. While these securities provided positive performance in the past, they came under significant pressure late in 2022 and 2023. We did sell some bonds at the end of 2023/early 2024 as this subsector rallied. We find this sector to be one of the best opportunities in fixed income, albeit with specific asset selection.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Performance Inception Date   Dec. 31, 2018
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 219,641,002 $ 219,641,002
Holdings Count | Holding 312 312
Advisory Fees Paid, Amount $ 3,359,700  
InvestmentCompanyPortfolioTurnover 13.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$219,641,002
  • Number of Portfolio Holdings312
  • Advisory Fee (net of waivers)$3,359,700
  • Portfolio Turnover13%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Asset Backed Securities
90.3%
Money Market Funds
2.9%
U.S. Government & Agency Obligations
6.8%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Starwood Retail Property Trust, 2014-STAR A, 8.500%, 11/15/27
4.4%
Terwin Mortgage Trust, 2006-3 2A3, 1.566%, 04/25/37
3.4%
Carrington Mortgage Loan Trust, 2006-FRE2 A2, 2.789%, 10/25/36
3.3%
JP Morgan Chase Commercial Mortgage Securities Trust, 2011-C3, 5.360%, 02/15/46
2.8%
Citigroup Commercial Mortgage Trust, 2014-GC21 E, 3.588%, 05/10/47
2.1%
Credit Suisse Seasoned Loan Trust, 2006-1 M1, 3.268%, 10/25/34
2.0%
Carrington Mortgage Loan Trust, 2006-FRE2 A5, 2.789%, 03/25/35
1.9%
Morgan Stanley Capital I Trust, 2006-T21 C, 5.187%, 10/12/52
1.8%
EMC Mortgage Loan Trust, 2004-B M2, 4.898%, 01/25/41
1.8%
Citicorp Mortgage Securities Trust, 2008-1 1A1, 6.250%, 02/25/38
1.8%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
C000206026    
Shareholder Report [Line Items]    
Fund Name Catalyst Enhanced Income Strategy Fund  
Class Name Class C  
Trading Symbol EIXCX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst Enhanced Income Strategy Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$253
2.53%
  
Expenses Paid, Amount $ 253  
Expense Ratio, Percent 2.53%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

This past year has been challenging for most subsectors within fixed income as persistent inflation and thus elevated interest rates have caused most fixed income assets to go sideways. Fortunately, due to the credit strength of our investments and our tactful investment thesis, we have fared considerably better than our benchmark historically. During the last year, duration rallied considerably; however, the Fund has much less exposure to interest rate duration and thus underperformed its benchmark.

Due to macro uncertainty and higher rates, investments in the Fund now yield more than they have in years and are less volatile than they were in the past. For example, before the 2022 bond rout, generic Non-agency RMBS senior bonds yielded 3-5% and now yield 7-12%. They are generally less volatile now than they were then due to amortization and continued strength in the housing market.

We have added and continue to optimistically add agency inverse interest only securities (IIO). These bonds benefit from the front end of the rate curve going lower, which would drive the coupon higher, hence the term inverse. This small position serves as a bit of a macro hedge in the event of large market disruption or recession. We anticipate the interest rate curve steepening towards the end of this year and into 2025, which would be beneficial for this position. This small position can have an outsized impact on total return for the fund.

Over the past year, we have maintained an allocation to select commercial mortgage-backed securities. While these securities provided positive performance in the past, they came under significant pressure late in 2022 and 2023. We did sell some bonds at the end of 2023/early 2024 as this subsector rallied. We find this sector to be one of the best opportunities in fixed income, albeit with specific asset selection.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Line Graph [Table Text Block]
Chart showing performance over last 10 years or since inception
Catalyst Enhanced Income Strategy Fund
Bloomberg U.S. Aggregate Bond Index
Bloomberg U.S. Mortgage Backed Securities Index
12/31/18
$10,000
$10,000
$10,000
06/30/19
$11,275
$10,611
$10,417
06/30/20
$11,706
$11,539
$11,008
06/30/21
$12,480
$11,500
$10,962
06/30/22
$12,138
$10,317
$9,972
06/30/23
$11,460
$10,220
$9,821
06/30/24
$11,149
$10,489
$10,028
  
Average Annual Return [Table Text Block]
1 Year
5 Years
Since Inception (December 31, 2018)
Catalyst Enhanced Income Strategy Fund
-
2.72%
-
0.23%
2.00%
Bloomberg U.S. Aggregate Bond Index
2.63%
-
0.23%
0.87%
Bloomberg U.S. Mortgage Backed Securities Index
2.12%
-
0.76%
0.05%
  
Performance Inception Date   Dec. 31, 2018
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 219,641,002 $ 219,641,002
Holdings Count | Holding 312 312
Advisory Fees Paid, Amount $ 3,359,700  
InvestmentCompanyPortfolioTurnover 13.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$219,641,002
  • Number of Portfolio Holdings312
  • Advisory Fee (net of waivers)$3,359,700
  • Portfolio Turnover13%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Asset Backed Securities
90.3%
Money Market Funds
2.9%
U.S. Government & Agency Obligations
6.8%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Starwood Retail Property Trust, 2014-STAR A, 8.500%, 11/15/27
4.4%
Terwin Mortgage Trust, 2006-3 2A3, 1.566%, 04/25/37
3.4%
Carrington Mortgage Loan Trust, 2006-FRE2 A2, 2.789%, 10/25/36
3.3%
JP Morgan Chase Commercial Mortgage Securities Trust, 2011-C3, 5.360%, 02/15/46
2.8%
Citigroup Commercial Mortgage Trust, 2014-GC21 E, 3.588%, 05/10/47
2.1%
Credit Suisse Seasoned Loan Trust, 2006-1 M1, 3.268%, 10/25/34
2.0%
Carrington Mortgage Loan Trust, 2006-FRE2 A5, 2.789%, 03/25/35
1.9%
Morgan Stanley Capital I Trust, 2006-T21 C, 5.187%, 10/12/52
1.8%
EMC Mortgage Loan Trust, 2004-B M2, 4.898%, 01/25/41
1.8%
Citicorp Mortgage Securities Trust, 2008-1 1A1, 6.250%, 02/25/38
1.8%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
C000206024    
Shareholder Report [Line Items]    
Fund Name Catalyst Enhanced Income Strategy Fund  
Class Name Class I  
Trading Symbol EIXIX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst Enhanced Income Strategy Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$153
1.53%
  
Expenses Paid, Amount $ 153  
Expense Ratio, Percent 1.53%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

This past year has been challenging for most subsectors within fixed income as persistent inflation and thus elevated interest rates have caused most fixed income assets to go sideways. Fortunately, due to the credit strength of our investments and our tactful investment thesis, we have fared considerably better than our benchmark historically. During the last year, duration rallied considerably; however, the Fund has much less exposure to interest rate duration and thus underperformed its benchmark.

Due to macro uncertainty and higher rates, investments in the Fund now yield more than they have in years and are less volatile than they were in the past. For example, before the 2022 bond rout, generic Non-agency RMBS senior bonds yielded 3-5% and now yield 7-12%. They are generally less volatile now than they were then due to amortization and continued strength in the housing market.

We have added and continue to optimistically add agency inverse interest only securities (IIO). These bonds benefit from the front end of the rate curve going lower, which would drive the coupon higher, hence the term inverse. This small position serves as a bit of a macro hedge in the event of large market disruption or recession. We anticipate the interest rate curve steepening towards the end of this year and into 2025, which would be beneficial for this position. This small position can have an outsized impact on total return for the fund.

Over the past year, we have maintained an allocation to select commercial mortgage-backed securities. While these securities provided positive performance in the past, they came under significant pressure late in 2022 and 2023. We did sell some bonds at the end of 2023/early 2024 as this subsector rallied. We find this sector to be one of the best opportunities in fixed income, albeit with specific asset selection.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Line Graph [Table Text Block]
Chart showing performance over last 10 years or since inception
Catalyst Enhanced Income Strategy Fund
Bloomberg U.S. Aggregate Bond Index
Bloomberg U.S. Mortgage Backed Securities Index
12/31/18
$10,000
$10,000
$10,000
06/30/19
$11,332
$10,611
$10,417
06/30/20
$11,891
$11,539
$11,008
06/30/21
$12,800
$11,500
$10,962
06/30/22
$12,571
$10,317
$9,972
06/30/23
$11,991
$10,220
$9,821
06/30/24
$11,784
$10,489
$10,028
  
Average Annual Return [Table Text Block]
1 Year
5 Years
Since Inception (December 31, 2018)
Catalyst Enhanced Income Strategy Fund
-
1.73%
0.79%
3.03%
Bloomberg U.S. Aggregate Bond Index
2.63%
-
0.23%
0.87%
Bloomberg U.S. Mortgage Backed Securities Index
2.12%
-
0.76%
0.05%
  
Performance Inception Date   Dec. 31, 2018
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 219,641,002 $ 219,641,002
Holdings Count | Holding 312 312
Advisory Fees Paid, Amount $ 3,359,700  
InvestmentCompanyPortfolioTurnover 13.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$219,641,002
  • Number of Portfolio Holdings312
  • Advisory Fee (net of waivers)$3,359,700
  • Portfolio Turnover13%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Asset Backed Securities
90.3%
Money Market Funds
2.9%
U.S. Government & Agency Obligations
6.8%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Starwood Retail Property Trust, 2014-STAR A, 8.500%, 11/15/27
4.4%
Terwin Mortgage Trust, 2006-3 2A3, 1.566%, 04/25/37
3.4%
Carrington Mortgage Loan Trust, 2006-FRE2 A2, 2.789%, 10/25/36
3.3%
JP Morgan Chase Commercial Mortgage Securities Trust, 2011-C3, 5.360%, 02/15/46
2.8%
Citigroup Commercial Mortgage Trust, 2014-GC21 E, 3.588%, 05/10/47
2.1%
Credit Suisse Seasoned Loan Trust, 2006-1 M1, 3.268%, 10/25/34
2.0%
Carrington Mortgage Loan Trust, 2006-FRE2 A5, 2.789%, 03/25/35
1.9%
Morgan Stanley Capital I Trust, 2006-T21 C, 5.187%, 10/12/52
1.8%
EMC Mortgage Loan Trust, 2004-B M2, 4.898%, 01/25/41
1.8%
Citicorp Mortgage Securities Trust, 2008-1 1A1, 6.250%, 02/25/38
1.8%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
C000143109    
Shareholder Report [Line Items]    
Fund Name Catalyst Insider Income Fund  
Class Name Class A  
Trading Symbol IIXAX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst Insider Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$100
1.00%
  
Expenses Paid, Amount $ 100  
Expense Ratio, Percent 1.00%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

The Catalyst Insider Income Fund holds a portfolio of short-term bonds issued by corporations whose executives are purchasing shares of the company’s common stock. Our historical research indicates that companies where insiders are buying the company’s common stock experience substantially lower default rates and bankruptcy rates. The intuition is that corporate insiders would not take an equity stake if the company were in jeopardy of bankruptcy. We believe this provides us with opportunities to identify undervalued bonds of companies with very high-quality credit fundamentals before the market does.

 

During the reporting period the fund outperformed the Bloomberg U.S. Aggregate Bond Index by over 548 basis points. By using the insider buying signal as the first step in our credit evaluation process, we identified a number of bonds that we believe have been overlooked by the market and possess superior yields to bonds of comparable credit fundamentals. Throughout the year, the portfolio’s average maturity was under 2 years, which worked to the Fund's benefit as yields were highest in the front end of the yield curve. Additionally, the Fund remained default-free during the year and remains default-free since inception. The Fund significantly outperformed the benchmark in part because we identified bonds that had superior yields, did not default, and were short dated (which limited the portfolio’s interest rate risk).

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Performance Inception Date   Jul. 29, 2014
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 55,632,643 $ 55,632,643
Holdings Count | Holding 20 20
Advisory Fees Paid, Amount $ 213,631  
InvestmentCompanyPortfolioTurnover 17.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$55,632,643
  • Number of Portfolio Holdings20
  • Advisory Fee (net of waivers)$213,631
  • Portfolio Turnover17%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Convertible Bonds
45.3%
Corporate Bonds
50.7%
Money Market Funds
4.0%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Two Harbors Investment Corporation, 6.250%, due 01/15/26
12.1%
Redwood Trust, Inc., 5.625%, due 07/15/24
8.3%
SoFi Technologies, Inc., 10.320%, due 10/15/26
7.8%
Ambac Assurance Corporation, 5.100%, due 06/7/69
7.5%
Prospect Capital Corporation, 6.375%, due 03/1/25
7.4%
Prospect Capital Corporation, 3.706%, due 01/22/26
4.9%
Ares Capital Corporation, 4.250%, due 03/1/25
4.8%
New Mountain Finance Corporation, 7.500%, due 10/15/25
4.7%
VeriSign, Inc., 5.250%, due 04/1/25
4.7%
Broadcom, Inc., 3.625%, due 10/15/24
4.5%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000143110    
Shareholder Report [Line Items]    
Fund Name Catalyst Insider Income Fund  
Class Name Class C  
Trading Symbol IIXCX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst Insider Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$175
1.75%
  
Expenses Paid, Amount $ 175  
Expense Ratio, Percent 1.75%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

The Catalyst Insider Income Fund holds a portfolio of short-term bonds issued by corporations whose executives are purchasing shares of the company’s common stock. Our historical research indicates that companies where insiders are buying the company’s common stock experience substantially lower default rates and bankruptcy rates. The intuition is that corporate insiders would not take an equity stake if the company were in jeopardy of bankruptcy. We believe this provides us with opportunities to identify undervalued bonds of companies with very high-quality credit fundamentals before the market does.

 

During the reporting period the fund outperformed the Bloomberg U.S. Aggregate Bond Index by over 548 basis points. By using the insider buying signal as the first step in our credit evaluation process, we identified a number of bonds that we believe have been overlooked by the market and possess superior yields to bonds of comparable credit fundamentals. Throughout the year, the portfolio’s average maturity was under 2 years, which worked to the Fund's benefit as yields were highest in the front end of the yield curve. Additionally, the Fund remained default-free during the year and remains default-free since inception. The Fund significantly outperformed the benchmark in part because we identified bonds that had superior yields, did not default, and were short dated (which limited the portfolio’s interest rate risk).

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Line Graph [Table Text Block]
Growth of 10K Chart
Catalyst Insider Income Fund
Bloomberg U.S. Aggregate Bond Index
Bloomberg 1-3 Year US Government/Credit Index
Jul-2014
$10,000
$10,000
$10,000
Jun-2015
$9,706
$10,169
$10,098
Jun-2016
$9,399
$10,780
$10,259
Jun-2017
$9,630
$10,746
$10,294
Jun-2018
$9,883
$10,703
$10,316
Jun-2019
$10,230
$11,545
$10,756
Jun-2020
$10,418
$12,554
$11,208
Jun-2021
$11,093
$12,512
$11,257
Jun-2022
$10,120
$11,225
$10,856
Jun-2023
$10,519
$11,119
$10,913
Jun-2024
$11,259
$11,412
$11,444
  
Average Annual Return [Table Text Block]
1 Year
5 Years
10 Years
Catalyst Insider Income Fund
7.04%
1.94%
1.20%
Bloomberg U.S. Aggregate Bond Index
2.63%
-
0.23%
1.34%
Bloomberg 1-3 Year US Government/Credit Index
4.87%
1.25%
1.37%
  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 55,632,643 $ 55,632,643
Holdings Count | Holding 20 20
Advisory Fees Paid, Amount $ 213,631  
InvestmentCompanyPortfolioTurnover 17.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$55,632,643
  • Number of Portfolio Holdings20
  • Advisory Fee (net of waivers)$213,631
  • Portfolio Turnover17%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Convertible Bonds
45.3%
Corporate Bonds
50.7%
Money Market Funds
4.0%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Two Harbors Investment Corporation, 6.250%, due 01/15/26
12.1%
Redwood Trust, Inc., 5.625%, due 07/15/24
8.3%
SoFi Technologies, Inc., 10.320%, due 10/15/26
7.8%
Ambac Assurance Corporation, 5.100%, due 06/7/69
7.5%
Prospect Capital Corporation, 6.375%, due 03/1/25
7.4%
Prospect Capital Corporation, 3.706%, due 01/22/26
4.9%
Ares Capital Corporation, 4.250%, due 03/1/25
4.8%
New Mountain Finance Corporation, 7.500%, due 10/15/25
4.7%
VeriSign, Inc., 5.250%, due 04/1/25
4.7%
Broadcom, Inc., 3.625%, due 10/15/24
4.5%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000143111    
Shareholder Report [Line Items]    
Fund Name Catalyst Insider Income Fund  
Class Name Class I  
Trading Symbol IIXIX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst Insider Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$75
0.75%
  
Expenses Paid, Amount $ 75  
Expense Ratio, Percent 0.75%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

The Catalyst Insider Income Fund holds a portfolio of short-term bonds issued by corporations whose executives are purchasing shares of the company’s common stock. Our historical research indicates that companies where insiders are buying the company’s common stock experience substantially lower default rates and bankruptcy rates. The intuition is that corporate insiders would not take an equity stake if the company were in jeopardy of bankruptcy. We believe this provides us with opportunities to identify undervalued bonds of companies with very high-quality credit fundamentals before the market does.

 

During the reporting period the fund outperformed the Bloomberg U.S. Aggregate Bond Index by over 548 basis points. By using the insider buying signal as the first step in our credit evaluation process, we identified a number of bonds that we believe have been overlooked by the market and possess superior yields to bonds of comparable credit fundamentals. Throughout the year, the portfolio’s average maturity was under 2 years, which worked to the Fund's benefit as yields were highest in the front end of the yield curve. Additionally, the Fund remained default-free during the year and remains default-free since inception. The Fund significantly outperformed the benchmark in part because we identified bonds that had superior yields, did not default, and were short dated (which limited the portfolio’s interest rate risk).

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Line Graph [Table Text Block]
Growth of 10K Chart
Catalyst Insider Income Fund
Bloomberg U.S. Aggregate Bond Index
Bloomberg 1-3 Year US Government/Credit Index
Jul-2014
$10,000
$10,000
$10,000
Jun-2015
$9,791
$10,169
$10,098
Jun-2016
$9,563
$10,780
$10,259
Jun-2017
$9,910
$10,746
$10,294
Jun-2018
$10,272
$10,703
$10,316
Jun-2019
$10,733
$11,545
$10,756
Jun-2020
$11,044
$12,554
$11,208
Jun-2021
$11,866
$12,512
$11,257
Jun-2022
$10,941
$11,225
$10,856
Jun-2023
$11,485
$11,119
$10,913
Jun-2024
$12,416
$11,412
$11,444
  
Average Annual Return [Table Text Block]
1 Year
5 Years
10 Years
Catalyst Insider Income Fund
8.11%
2.96%
2.21%
Bloomberg U.S. Aggregate Bond Index
2.63%
-
0.23%
1.34%
Bloomberg 1-3 Year US Government/Credit Index
4.87%
1.25%
1.37%
  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 55,632,643 $ 55,632,643
Holdings Count | Holding 20 20
Advisory Fees Paid, Amount $ 213,631  
InvestmentCompanyPortfolioTurnover 17.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$55,632,643
  • Number of Portfolio Holdings20
  • Advisory Fee (net of waivers)$213,631
  • Portfolio Turnover17%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Convertible Bonds
45.3%
Corporate Bonds
50.7%
Money Market Funds
4.0%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Two Harbors Investment Corporation, 6.250%, due 01/15/26
12.1%
Redwood Trust, Inc., 5.625%, due 07/15/24
8.3%
SoFi Technologies, Inc., 10.320%, due 10/15/26
7.8%
Ambac Assurance Corporation, 5.100%, due 06/7/69
7.5%
Prospect Capital Corporation, 6.375%, due 03/1/25
7.4%
Prospect Capital Corporation, 3.706%, due 01/22/26
4.9%
Ares Capital Corporation, 4.250%, due 03/1/25
4.8%
New Mountain Finance Corporation, 7.500%, due 10/15/25
4.7%
VeriSign, Inc., 5.250%, due 04/1/25
4.7%
Broadcom, Inc., 3.625%, due 10/15/24
4.5%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000121700    
Shareholder Report [Line Items]    
Fund Name Catalyst/CIFC Senior Secured Income Fund  
Class Name Class A  
Trading Symbol CFRAX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/CIFC Senior Secured Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Material Fund Change Notice [Text Block] This report describes change to the Fund that occurred during the reporting period.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$115
1.15%
  
Expenses Paid, Amount $ 115  
Expense Ratio, Percent 1.15%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

Overall, 2023 was a blockbuster year for the loan market, which performed exceptionally well despite various macroeconomic challenges, including pervasive expectations of a recession that ultimately never materialized. The positive momentum carried over into 2024 as loans continued to benefit from higher base rates and a resilient economic growth and labor market environment, which drove the Fund’s strong positive returns.

 

During the fiscal year ended June 30, 2024, the Fund maintained its higher quality and diversification bias, positioning our portfolio toward what we perceive as stable revenue, EBITDA, and cash flow corporate profiles. The Fund also maintained a structural underweight to lower-quality names and significantly reduced downgrade vulnerable risks, particularly in the B- segment of the market.

 

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
AssetsNet $ 467,457,691 $ 467,457,691
Holdings Count | Holding 352 352
Advisory Fees Paid, Amount $ 2,359,996  
InvestmentCompanyPortfolioTurnover 103.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$467,457,691
  • Number of Portfolio Holdings352
  • Advisory Fee (net of waivers)$2,359,996
  • Portfolio Turnover103%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Asset Backed Securities
6.0%
Corporate Bonds
2.9%
Exchange-Traded Funds
2.6%
Money Market Funds
11.1%
Term Loans
77.4%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Invesco Senior Loan ETF
1.9%
Aretec Group, Inc., 9.320%, 08/09/30
1.4%
BroadStreet Partners, Inc., 8.571%, 05/12/31
1.4%
Pug, LLC, 10.079%, 03/12/30
1.2%
Genesys Cloud Services Holdings II, LLC, 8.829%, 12/01/27
1.2%
Osaic Holdings, Inc., 9.321%, 08/16/28
1.2%
Cloud Software Group, Inc., 9.331%, 03/29/29
1.2%
GTCR W Merger Sub, LLC, 8.309%, 09/20/30
1.2%
Cotiviti, Inc., 8.579%, 02/24/31
1.1%
UKG, Inc., 8.576%, 01/31/31
1.1%
  
Material Fund Change [Text Block]

Material Fund Changes

During the reporting period, Rick Lam was added as a portfolio manager of the Fund. 

Effective April 26, 2024, the Fund’s name changed from “Catalyst/CIFC Floating Rate Income Fund” to “Catalyst/CIFC Senior Secured Income Fund. The Fund further adopted a policy to invest at least 80% of its net assets (plus borrowing for investment purposes) in senior secured debt instruments.

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000121701    
Shareholder Report [Line Items]    
Fund Name Catalyst/CIFC Senior Secured Income Fund  
Class Name Class C  
Trading Symbol CFRCX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/CIFC Senior Secured Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Material Fund Change Notice [Text Block] This report describes change to the Fund that occurred during the reporting period.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$190
1.90%
  
Expenses Paid, Amount $ 190  
Expense Ratio, Percent 1.90%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

Overall, 2023 was a blockbuster year for the loan market, which performed exceptionally well despite various macroeconomic challenges, including pervasive expectations of a recession that ultimately never materialized. The positive momentum carried over into 2024 as loans continued to benefit from higher base rates and a resilient economic growth and labor market environment, which drove the Fund’s strong positive returns.

 

During the fiscal year ended June 30, 2024, the Fund maintained its higher quality and diversification bias, positioning our portfolio toward what we perceive as stable revenue, EBITDA, and cash flow corporate profiles. The Fund also maintained a structural underweight to lower-quality names and significantly reduced downgrade vulnerable risks, particularly in the B- segment of the market.

 

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Average Annual Return [Table Text Block]
1 Year
5 Years
10 Years
Catalyst/CIFC Senior Secured Income Fund
10.36%
4.14%
3.09%
Bloomberg U.S. Aggregate Bond Index
2.63%
-
0.23%
1.35%
S&P LSTA U.S. Leveraged Loan 100 Index TR
10.78%
5.24%
4.17%
  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
AssetsNet $ 467,457,691 $ 467,457,691
Holdings Count | Holding 352 352
Advisory Fees Paid, Amount $ 2,359,996  
InvestmentCompanyPortfolioTurnover 103.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$467,457,691
  • Number of Portfolio Holdings352
  • Advisory Fee (net of waivers)$2,359,996
  • Portfolio Turnover103%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Asset Backed Securities
6.0%
Corporate Bonds
2.9%
Exchange-Traded Funds
2.6%
Money Market Funds
11.1%
Term Loans
77.4%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Invesco Senior Loan ETF
1.9%
Aretec Group, Inc., 9.320%, 08/09/30
1.4%
BroadStreet Partners, Inc., 8.571%, 05/12/31
1.4%
Pug, LLC, 10.079%, 03/12/30
1.2%
Genesys Cloud Services Holdings II, LLC, 8.829%, 12/01/27
1.2%
Osaic Holdings, Inc., 9.321%, 08/16/28
1.2%
Cloud Software Group, Inc., 9.331%, 03/29/29
1.2%
GTCR W Merger Sub, LLC, 8.309%, 09/20/30
1.2%
Cotiviti, Inc., 8.579%, 02/24/31
1.1%
UKG, Inc., 8.576%, 01/31/31
1.1%
  
Material Fund Change [Text Block]

Material Fund Changes

During the reporting period, Rick Lam was added as a portfolio manager of the Fund. 

Effective April 26, 2024, the Fund’s name changed from “Catalyst/CIFC Floating Rate Income Fund” to “Catalyst/CIFC Senior Secured Income Fund. The Fund further adopted a policy to invest at least 80% of its net assets (plus borrowing for investment purposes) in senior secured debt instruments.

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000240463    
Shareholder Report [Line Items]    
Fund Name Catalyst/CIFC Senior Secured Income Fund  
Class Name Class C1  
Trading Symbol CFRFX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/CIFC Senior Secured Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Material Fund Change Notice [Text Block] This report describes change to the Fund that occurred during the reporting period.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C1
$190
1.90%
  
Expenses Paid, Amount $ 190  
Expense Ratio, Percent 1.90%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

Overall, 2023 was a blockbuster year for the loan market, which performed exceptionally well despite various macroeconomic challenges, including pervasive expectations of a recession that ultimately never materialized. The positive momentum carried over into 2024 as loans continued to benefit from higher base rates and a resilient economic growth and labor market environment, which drove the Fund’s strong positive returns.

 

During the fiscal year ended June 30, 2024, the Fund maintained its higher quality and diversification bias, positioning our portfolio toward what we perceive as stable revenue, EBITDA, and cash flow corporate profiles. The Fund also maintained a structural underweight to lower-quality names and significantly reduced downgrade vulnerable risks, particularly in the B- segment of the market.

 

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Average Annual Return [Table Text Block]
1 Year
Since Inception (November 1, 2022)
Catalyst/CIFC Senior Secured Income Fund
10.34%
10.77%
Bloomberg U.S. Aggregate Bond Index
2.63%
4.70%
S&P LSTA U.S. Leveraged Loan 100 Index TR
10.78%
11.57%
  
Performance Inception Date   Nov. 01, 2022
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
AssetsNet $ 467,457,691 $ 467,457,691
Holdings Count | Holding 352 352
Advisory Fees Paid, Amount $ 2,359,996  
InvestmentCompanyPortfolioTurnover 103.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$467,457,691
  • Number of Portfolio Holdings352
  • Advisory Fee (net of waivers)$2,359,996
  • Portfolio Turnover103%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Asset Backed Securities
6.0%
Corporate Bonds
2.9%
Exchange-Traded Funds
2.6%
Money Market Funds
11.1%
Term Loans
77.4%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Invesco Senior Loan ETF
1.9%
Aretec Group, Inc., 9.320%, 08/09/30
1.4%
BroadStreet Partners, Inc., 8.571%, 05/12/31
1.4%
Pug, LLC, 10.079%, 03/12/30
1.2%
Genesys Cloud Services Holdings II, LLC, 8.829%, 12/01/27
1.2%
Osaic Holdings, Inc., 9.321%, 08/16/28
1.2%
Cloud Software Group, Inc., 9.331%, 03/29/29
1.2%
GTCR W Merger Sub, LLC, 8.309%, 09/20/30
1.2%
Cotiviti, Inc., 8.579%, 02/24/31
1.1%
UKG, Inc., 8.576%, 01/31/31
1.1%
  
Material Fund Change [Text Block]

Material Fund Changes

During the reporting period, Rick Lam was added as a portfolio manager of the Fund. 

Effective April 26, 2024, the Fund’s name changed from “Catalyst/CIFC Floating Rate Income Fund” to “Catalyst/CIFC Senior Secured Income Fund. The Fund further adopted a policy to invest at least 80% of its net assets (plus borrowing for investment purposes) in senior secured debt instruments.

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000121702    
Shareholder Report [Line Items]    
Fund Name Catalyst/CIFC Senior Secured Income Fund  
Class Name Class I  
Trading Symbol CFRIX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/CIFC Senior Secured Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Material Fund Change Notice [Text Block] This report describes change to the Fund that occurred during the reporting period.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$90
0.90%
  
Expenses Paid, Amount $ 90  
Expense Ratio, Percent 0.90%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

Overall, 2023 was a blockbuster year for the loan market, which performed exceptionally well despite various macroeconomic challenges, including pervasive expectations of a recession that ultimately never materialized. The positive momentum carried over into 2024 as loans continued to benefit from higher base rates and a resilient economic growth and labor market environment, which drove the Fund’s strong positive returns.

 

During the fiscal year ended June 30, 2024, the Fund maintained its higher quality and diversification bias, positioning our portfolio toward what we perceive as stable revenue, EBITDA, and cash flow corporate profiles. The Fund also maintained a structural underweight to lower-quality names and significantly reduced downgrade vulnerable risks, particularly in the B- segment of the market.

 

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Average Annual Return [Table Text Block]
1 Year
5 Years
10 Years
Catalyst/CIFC Senior Secured Income Fund
11.44%
5.17%
4.13%
Bloomberg U.S. Aggregate Bond Index
2.63%
-
0.23%
1.35%
S&P LSTA U.S. Leveraged Loan 100 Index TR
10.78%
5.24%
4.17%
  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
AssetsNet $ 467,457,691 $ 467,457,691
Holdings Count | Holding 352 352
Advisory Fees Paid, Amount $ 2,359,996  
InvestmentCompanyPortfolioTurnover 103.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$467,457,691
  • Number of Portfolio Holdings352
  • Advisory Fee (net of waivers)$2,359,996
  • Portfolio Turnover103%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Asset Backed Securities
6.0%
Corporate Bonds
2.9%
Exchange-Traded Funds
2.6%
Money Market Funds
11.1%
Term Loans
77.4%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Invesco Senior Loan ETF
1.9%
Aretec Group, Inc., 9.320%, 08/09/30
1.4%
BroadStreet Partners, Inc., 8.571%, 05/12/31
1.4%
Pug, LLC, 10.079%, 03/12/30
1.2%
Genesys Cloud Services Holdings II, LLC, 8.829%, 12/01/27
1.2%
Osaic Holdings, Inc., 9.321%, 08/16/28
1.2%
Cloud Software Group, Inc., 9.331%, 03/29/29
1.2%
GTCR W Merger Sub, LLC, 8.309%, 09/20/30
1.2%
Cotiviti, Inc., 8.579%, 02/24/31
1.1%
UKG, Inc., 8.576%, 01/31/31
1.1%
  
Material Fund Change [Text Block]

Material Fund Changes

During the reporting period, Rick Lam was added as a portfolio manager of the Fund. 

Effective April 26, 2024, the Fund’s name changed from “Catalyst/CIFC Floating Rate Income Fund” to “Catalyst/CIFC Senior Secured Income Fund. The Fund further adopted a policy to invest at least 80% of its net assets (plus borrowing for investment purposes) in senior secured debt instruments.

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000102758    
Shareholder Report [Line Items]    
Fund Name Catalyst/MAP Global Balanced Fund  
Class Name Class A  
Trading Symbol TRXAX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/MAP Global Balanced Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$122
1.22%
  
Expenses Paid, Amount $ 122  
Expense Ratio, Percent 1.22%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

At the start of 2023 we did not believe that high interest rates would tip the economy into a recession; however, we did expect the economy to continue to slow. But to our surprise, economic growth grew robustly in 2023. During the fall of 2023, the Federal Reserve (the Fed) declared the rate hike cycle over and that they had conquered inflation. Bond prices rose, causing rates to fall, leading to a strong risk-on feedback loop, rewarding investors who added beta and momentum to their portfolios. With stock valuations today near where they were before the Fed began their aggressive hikes, equity risk premiums are historically low. As a value manager requiring a margin of safety, we find that difficult to achieve in this environment. Relative fund performance for the reporting period was impacted by the outsized performance of momentum stocks, particularly those involved with Artificial Intelligence (AI). Furthermore, our cautious economic stance led to underperformance relative to stronger than expected economic growth.

We believe that the historic rally over the past six months and investors' singular focus on AI and its future potential has caused many to shift their focus away from the numerous structural issues prevalent in the economy. Accordingly, the Fund remains positioned with a defensive bias. The Fund is currently overweight Consumer Staples and Health Care. The Fund has some equity exposure to copper and agricultural commodities, as well as to areas of the market that we believe will benefit from structural technology growth, along with utilities and infrastructure companies. We believe this blueprint will successfully navigate a market where growth is likely to slow, and inflation is expected to remain volatile and above the Fed’s 2% target, and over the long term we believe yields will remain higher for longer.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 14,587,043 $ 14,587,043
Holdings Count | Holding 61 61
Advisory Fees Paid, Amount $ 0  
InvestmentCompanyPortfolioTurnover 30.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$14,587,043
  • Number of Portfolio Holdings61
  • Advisory Fee (net of waivers)$0
  • Portfolio Turnover30%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Certificate Of Deposit
5.1%
Common Stocks
47.7%
Corporate Bonds
34.6%
Exchange-Traded Funds
2.7%
Money Market Funds
0.3%
U.S. Government & Agencies
9.6%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
United States Treasury Note, 0.375%, 07/15/24
6.8%
Microsoft Corporation
3.6%
United States Treasury Note, 2.500%, 01/31/25
2.7%
Vivendi S.E.
2.7%
SPDR Gold MiniShares Trust
2.7%
Imperial Brands PLC
2.6%
Bunge Global S.A.
2.6%
Sanofi S.A.
2.5%
Nestle S.A.
2.5%
Holcim A.G.
2.4%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000102759    
Shareholder Report [Line Items]    
Fund Name Catalyst/MAP Global Balanced Fund  
Class Name Class C  
Trading Symbol TRXCX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/MAP Global Balanced Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$197
1.97%
  
Expenses Paid, Amount $ 197  
Expense Ratio, Percent 1.97%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

At the start of 2023 we did not believe that high interest rates would tip the economy into a recession; however, we did expect the economy to continue to slow. But to our surprise, economic growth grew robustly in 2023. During the fall of 2023, the Federal Reserve (the Fed) declared the rate hike cycle over and that they had conquered inflation. Bond prices rose, causing rates to fall, leading to a strong risk-on feedback loop, rewarding investors who added beta and momentum to their portfolios. With stock valuations today near where they were before the Fed began their aggressive hikes, equity risk premiums are historically low. As a value manager requiring a margin of safety, we find that difficult to achieve in this environment. Relative fund performance for the reporting period was impacted by the outsized performance of momentum stocks, particularly those involved with Artificial Intelligence (AI). Furthermore, our cautious economic stance led to underperformance relative to stronger than expected economic growth.

We believe that the historic rally over the past six months and investors' singular focus on AI and its future potential has caused many to shift their focus away from the numerous structural issues prevalent in the economy. Accordingly, the Fund remains positioned with a defensive bias. The Fund is currently overweight Consumer Staples and Health Care. The Fund has some equity exposure to copper and agricultural commodities, as well as to areas of the market that we believe will benefit from structural technology growth, along with utilities and infrastructure companies. We believe this blueprint will successfully navigate a market where growth is likely to slow, and inflation is expected to remain volatile and above the Fed’s 2% target, and over the long term we believe yields will remain higher for longer.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Line Graph [Table Text Block]
Growth of 10K Chart
Catalyst/MAP Global Balanced Fund
MSCI ACWI Gross (USD)
MSCI ACWI VALUE Gross (USD)
06/30/14
$10,000
$10,000
$10,000
06/30/15
$9,876
$10,123
$9,725
06/30/16
$9,892
$9,802
$9,333
06/30/17
$10,686
$11,706
$11,184
06/30/18
$11,043
$13,030
$11,872
06/30/19
$11,424
$13,854
$12,482
06/30/20
$10,974
$14,220
$11,090
06/30/21
$12,826
$19,890
$15,450
06/30/22
$12,112
$16,833
$14,296
06/30/23
$12,428
$19,717
$15,844
06/30/24
$12,978
$23,646
$18,182
  
Average Annual Return [Table Text Block]
1 Year
5 Years
10 Years
Catalyst/MAP Global Balanced Fund
4.43%
2.58%
2.64%
MSCI ACWI Gross (USD)
19.92%
11.28%
8.99%
MSCI ACWI VALUE Gross (USD)
14.76%
7.81%
6.16%
  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 14,587,043 $ 14,587,043
Holdings Count | Holding 61 61
Advisory Fees Paid, Amount $ 0  
InvestmentCompanyPortfolioTurnover 30.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$14,587,043
  • Number of Portfolio Holdings61
  • Advisory Fee (net of waivers)$0
  • Portfolio Turnover30%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Certificate Of Deposit
5.1%
Common Stocks
47.7%
Corporate Bonds
34.6%
Exchange-Traded Funds
2.7%
Money Market Funds
0.3%
U.S. Government & Agencies
9.6%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
United States Treasury Note, 0.375%, 07/15/24
6.8%
Microsoft Corporation
3.6%
United States Treasury Note, 2.500%, 01/31/25
2.7%
Vivendi S.E.
2.7%
SPDR Gold MiniShares Trust
2.7%
Imperial Brands PLC
2.6%
Bunge Global S.A.
2.6%
Sanofi S.A.
2.5%
Nestle S.A.
2.5%
Holcim A.G.
2.4%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000142549    
Shareholder Report [Line Items]    
Fund Name Catalyst/MAP Global Balanced Fund  
Class Name Class I  
Trading Symbol TRXIX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/MAP Global Balanced Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$97
0.97%
  
Expenses Paid, Amount $ 97  
Expense Ratio, Percent 0.97%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

At the start of 2023 we did not believe that high interest rates would tip the economy into a recession; however, we did expect the economy to continue to slow. But to our surprise, economic growth grew robustly in 2023. During the fall of 2023, the Federal Reserve (the Fed) declared the rate hike cycle over and that they had conquered inflation. Bond prices rose, causing rates to fall, leading to a strong risk-on feedback loop, rewarding investors who added beta and momentum to their portfolios. With stock valuations today near where they were before the Fed began their aggressive hikes, equity risk premiums are historically low. As a value manager requiring a margin of safety, we find that difficult to achieve in this environment. Relative fund performance for the reporting period was impacted by the outsized performance of momentum stocks, particularly those involved with Artificial Intelligence (AI). Furthermore, our cautious economic stance led to underperformance relative to stronger than expected economic growth.

We believe that the historic rally over the past six months and investors' singular focus on AI and its future potential has caused many to shift their focus away from the numerous structural issues prevalent in the economy. Accordingly, the Fund remains positioned with a defensive bias. The Fund is currently overweight Consumer Staples and Health Care. The Fund has some equity exposure to copper and agricultural commodities, as well as to areas of the market that we believe will benefit from structural technology growth, along with utilities and infrastructure companies. We believe this blueprint will successfully navigate a market where growth is likely to slow, and inflation is expected to remain volatile and above the Fed’s 2% target, and over the long term we believe yields will remain higher for longer.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Line Graph [Table Text Block]
Growth of 10K Chart
Catalyst/MAP Global Balanced Fund
MSCI ACWI Gross (USD)
MSCI ACWI VALUE Gross (USD)
06/30/14
$10,000
$10,000
$10,000
06/30/15
$9,976
$10,123
$9,725
06/30/16
$10,092
$9,802
$9,333
06/30/17
$11,015
$11,706
$11,184
06/30/18
$11,509
$13,030
$11,872
06/30/19
$12,032
$13,854
$12,482
06/30/20
$11,666
$14,220
$11,090
06/30/21
$13,780
$19,890
$15,450
06/30/22
$13,144
$16,833
$14,296
06/30/23
$13,616
$19,717
$15,844
06/30/24
$14,371
$23,646
$18,182
  
Average Annual Return [Table Text Block]
1 Year
5 Years
10 Years
Catalyst/MAP Global Balanced Fund
5.55%
3.62%
3.69%
MSCI ACWI Gross (USD)
19.92%
11.28%
8.99%
MSCI ACWI VALUE Gross (USD)
14.76%
7.81%
6.16%
  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 14,587,043 $ 14,587,043
Holdings Count | Holding 61 61
Advisory Fees Paid, Amount $ 0  
InvestmentCompanyPortfolioTurnover 30.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$14,587,043
  • Number of Portfolio Holdings61
  • Advisory Fee (net of waivers)$0
  • Portfolio Turnover30%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Certificate Of Deposit
5.1%
Common Stocks
47.7%
Corporate Bonds
34.6%
Exchange-Traded Funds
2.7%
Money Market Funds
0.3%
U.S. Government & Agencies
9.6%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
United States Treasury Note, 0.375%, 07/15/24
6.8%
Microsoft Corporation
3.6%
United States Treasury Note, 2.500%, 01/31/25
2.7%
Vivendi S.E.
2.7%
SPDR Gold MiniShares Trust
2.7%
Imperial Brands PLC
2.6%
Bunge Global S.A.
2.6%
Sanofi S.A.
2.5%
Nestle S.A.
2.5%
Holcim A.G.
2.4%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000064375    
Shareholder Report [Line Items]    
Fund Name Catalyst/SMH High Income Fund  
Class Name Class A  
Trading Symbol HIIFX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/SMH High Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$148
1.48%
  
Expenses Paid, Amount $ 148  
Expense Ratio, Percent 1.48%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

Performance of the Fund was primarily driven by the stoppage of increasing interest rates and a general move into more risk-based assets. The Fund outperformed the Ice BofA Cash Pay High Yield Index during the reporting period. The Fund’s returns were higher than our return expectations for the period. We do see a high likelihood of an economic slowdown and uncertainty and expect the overall markets to be volatile moving forward. The high yield class in general should be one of the better performing asset classes in credit on a go forward basis. We are looking at current yields of 6.4% and hope to add a couple more percent in returns above that.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 15,131,607 $ 15,131,607
Holdings Count | Holding 34 34
Advisory Fees Paid, Amount $ 15,158  
InvestmentCompanyPortfolioTurnover 33.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$15,131,607
  • Number of Portfolio Holdings34
  • Advisory Fee (net of waivers)$15,158
  • Portfolio Turnover33%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Convertible Bonds
5.7%
Corporate Bonds
66.2%
Money Market Funds
27.8%
Preferred Stocks
0.3%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Coeur Mining, Inc., 5.125%, 02/15/29
5.4%
Howard Hughes Corporation (The), 4.375%, 02/01/31
4.8%
American Axle & Manufacturing, Inc., 5.000%, 10/01/29
4.5%
Nordstrom, Inc., 5.000%, 01/15/44
4.4%
United States Steel Corporation, 6.650%, 06/01/37
4.3%
WisdomTree, Inc., 5.750%, 08/15/28
4.1%
Odeon Finco PLC, 12.750%, 11/01/27
3.8%
Beazer Homes USA, Inc., 5.875%, 10/15/27
3.8%
Rayonier AM Products, Inc., 7.625%, 01/15/26
3.8%
Enova International, Inc., 8.500%, 09/15/25
3.7%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
C000064376    
Shareholder Report [Line Items]    
Fund Name Catalyst/SMH High Income Fund  
Class Name Class C  
Trading Symbol HIICX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/SMH High Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$223
2.23%
  
Expenses Paid, Amount $ 223  
Expense Ratio, Percent 2.23%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

Performance of the Fund was primarily driven by the stoppage of increasing interest rates and a general move into more risk-based assets. The Fund outperformed the Ice BofA Cash Pay High Yield Index during the reporting period. The Fund’s returns were higher than our return expectations for the period. We do see a high likelihood of an economic slowdown and uncertainty and expect the overall markets to be volatile moving forward. The high yield class in general should be one of the better performing asset classes in credit on a go forward basis. We are looking at current yields of 6.4% and hope to add a couple more percent in returns above that.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Average Annual Return [Table Text Block]
1 Year
5 Years
10 Years
Catalyst/SMH High Income Fund
12.77%
4.23%
1.12%
Bloomberg U.S. Aggregate Bond Index
2.63%
-
0.23%
1.35%
ICE BofA High Yield U.S. Corporates Cash Pay Index
10.41%
3.74%
4.22%
  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 15,131,607 $ 15,131,607
Holdings Count | Holding 34 34
Advisory Fees Paid, Amount $ 15,158  
InvestmentCompanyPortfolioTurnover 33.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$15,131,607
  • Number of Portfolio Holdings34
  • Advisory Fee (net of waivers)$15,158
  • Portfolio Turnover33%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Convertible Bonds
5.7%
Corporate Bonds
66.2%
Money Market Funds
27.8%
Preferred Stocks
0.3%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Coeur Mining, Inc., 5.125%, 02/15/29
5.4%
Howard Hughes Corporation (The), 4.375%, 02/01/31
4.8%
American Axle & Manufacturing, Inc., 5.000%, 10/01/29
4.5%
Nordstrom, Inc., 5.000%, 01/15/44
4.4%
United States Steel Corporation, 6.650%, 06/01/37
4.3%
WisdomTree, Inc., 5.750%, 08/15/28
4.1%
Odeon Finco PLC, 12.750%, 11/01/27
3.8%
Beazer Homes USA, Inc., 5.875%, 10/15/27
3.8%
Rayonier AM Products, Inc., 7.625%, 01/15/26
3.8%
Enova International, Inc., 8.500%, 09/15/25
3.7%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
C000128969    
Shareholder Report [Line Items]    
Fund Name Catalyst/SMH High Income Fund  
Class Name Class I  
Trading Symbol HIIIX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/SMH High Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$123
1.23%
  
Expenses Paid, Amount $ 123  
Expense Ratio, Percent 1.23%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

Performance of the Fund was primarily driven by the stoppage of increasing interest rates and a general move into more risk-based assets. The Fund outperformed the Ice BofA Cash Pay High Yield Index during the reporting period. The Fund’s returns were higher than our return expectations for the period. We do see a high likelihood of an economic slowdown and uncertainty and expect the overall markets to be volatile moving forward. The high yield class in general should be one of the better performing asset classes in credit on a go forward basis. We are looking at current yields of 6.4% and hope to add a couple more percent in returns above that.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Average Annual Return [Table Text Block]
1 Year
5 Years
10 Years
Catalyst/SMH High Income Fund
14.24%
5.30%
2.13%
Bloomberg U.S. Aggregate Bond Index
2.63%
-
0.23%
1.35%
ICE BofA High Yield U.S. Corporates Cash Pay Index
10.41%
3.74%
4.22%
  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 15,131,607 $ 15,131,607
Holdings Count | Holding 34 34
Advisory Fees Paid, Amount $ 15,158  
InvestmentCompanyPortfolioTurnover 33.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$15,131,607
  • Number of Portfolio Holdings34
  • Advisory Fee (net of waivers)$15,158
  • Portfolio Turnover33%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Convertible Bonds
5.7%
Corporate Bonds
66.2%
Money Market Funds
27.8%
Preferred Stocks
0.3%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Coeur Mining, Inc., 5.125%, 02/15/29
5.4%
Howard Hughes Corporation (The), 4.375%, 02/01/31
4.8%
American Axle & Manufacturing, Inc., 5.000%, 10/01/29
4.5%
Nordstrom, Inc., 5.000%, 01/15/44
4.4%
United States Steel Corporation, 6.650%, 06/01/37
4.3%
WisdomTree, Inc., 5.750%, 08/15/28
4.1%
Odeon Finco PLC, 12.750%, 11/01/27
3.8%
Beazer Homes USA, Inc., 5.875%, 10/15/27
3.8%
Rayonier AM Products, Inc., 7.625%, 01/15/26
3.8%
Enova International, Inc., 8.500%, 09/15/25
3.7%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
C000064377    
Shareholder Report [Line Items]    
Fund Name Catalyst/SMH Total Return Income Fund  
Class Name Class A  
Trading Symbol TRIFX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/SMH Total Return Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$158
1.58%
  
Expenses Paid, Amount $ 158  
Expense Ratio, Percent 1.58%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

We were pleased with Catalyst/SMH Total Return Income Fund’s 14.30% return (without load) during the reporting period. There were no major individual contributors or detractors from performance but the Fund instead saw a nice steady increase throughout the year. We target returns of inflation plus 3-5%. As long as the Fund achieves that goal, we are happy with performance. We feel the Fund is positioned strongly with about 50 positions and a 7.1% current yield. We expect significant economic uncertainty ahead, and that could make the Fund a bit more volatile but expect it to be muted quite considerably because of the high income level.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 17,829,270 $ 17,829,270
Holdings Count | Holding 50 50
Advisory Fees Paid, Amount $ 54,238  
InvestmentCompanyPortfolioTurnover 35.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$17,829,270
  • Number of Portfolio Holdings50
  • Advisory Fee (net of waivers)$54,238
  • Portfolio Turnover35%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Common Stocks
29.9%
Convertible Bonds
5.1%
Corporate Bonds
37.9%
Money Market Funds
27.1%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Transocean, Inc., 6.800%, 03/15/38
4.4%
Compass Diversified Holdings
4.3%
PennantPark Investment Corporation
4.2%
CoreCivic, Inc., 4.750%, 10/15/27
4.1%
EZCORP, Inc., 2.375%, 05/01/25
3.9%
Titan International, Inc., 7.000%, 04/30/28
3.7%
Enova International, Inc., 8.500%, 09/15/25
3.6%
Beazer Homes USA, Inc., 5.875%, 10/15/27
3.5%
Main Street Capital Corporation
3.4%
American Axle & Manufacturing, Inc., 5.000%, 10/01/29
3.3%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000064378    
Shareholder Report [Line Items]    
Fund Name Catalyst/SMH Total Return Income Fund  
Class Name Class C  
Trading Symbol TRICX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/SMH Total Return Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$233
2.33%
  
Expenses Paid, Amount $ 233  
Expense Ratio, Percent 2.33%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

We were pleased with Catalyst/SMH Total Return Income Fund’s 13.46% return during the reporting period. There were no major individual contributors or detractors from performance but the Fund instead saw a nice steady increase throughout the year. We target returns of inflation plus 3-5%. As long as the Fund achieves that goal, we are happy with performance. We feel the Fund is positioned strongly with about 50 positions and a 7.1% current yield. We expect significant economic uncertainty ahead, and that could make the Fund a bit more volatile but expect it to be muted quite considerably because of the high income level.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Average Annual Return [Table Text Block]
1 Year
5 Years
10 Years
Catalyst/SMH Total Return Income Fund
13.46%
6.77%
2.72%
S&P 500® Index
24.56%
15.05%
12.86%
ICE BofA High Yield U.S. Corporates Cash Pay Index
10.41%
3.74%
4.22%
  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 17,829,270 $ 17,829,270
Holdings Count | Holding 50 50
Advisory Fees Paid, Amount $ 54,238  
InvestmentCompanyPortfolioTurnover 35.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$17,829,270
  • Number of Portfolio Holdings50
  • Advisory Fee (net of waivers)$54,238
  • Portfolio Turnover35%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Common Stocks
29.9%
Convertible Bonds
5.1%
Corporate Bonds
37.9%
Money Market Funds
27.1%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Transocean, Inc., 6.800%, 03/15/38
4.4%
Compass Diversified Holdings
4.3%
PennantPark Investment Corporation
4.2%
CoreCivic, Inc., 4.750%, 10/15/27
4.1%
EZCORP, Inc., 2.375%, 05/01/25
3.9%
Titan International, Inc., 7.000%, 04/30/28
3.7%
Enova International, Inc., 8.500%, 09/15/25
3.6%
Beazer Homes USA, Inc., 5.875%, 10/15/27
3.5%
Main Street Capital Corporation
3.4%
American Axle & Manufacturing, Inc., 5.000%, 10/01/29
3.3%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/  
C000128970    
Shareholder Report [Line Items]    
Fund Name Catalyst/SMH Total Return Income Fund  
Class Name Class I  
Trading Symbol TRIIX  
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Catalyst/SMH Total Return Income Fund for the period of July 1, 2023 to June 30, 2024.  
Shareholder Report Annual or Semi-Annual Annual Shareholder Report  
Additional Information [Text Block] You can find additional information about the Fund at https://catalystmf.com/literature-and-forms/. You can also request this information by contacting us at 1-866-447-4228.  
Additional Information Phone Number 1-866-447-4228  
Additional Information Website https://catalystmf.com/literature-and-forms/  
Expenses [Text Block]

What were the Fund’s costs for the last year?

(based on a hypothetical $10,000 investment)

Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$133
1.33%
  
Expenses Paid, Amount $ 133  
Expense Ratio, Percent 1.33%  
Factors Affecting Performance [Text Block]

How did the Fund perform during the reporting period?

We were pleased with Catalyst/SMH Total Return Income Fund’s 14.63% return during the reporting period. There were no major individual contributors or detractors from performance but the Fund instead saw a nice steady increase throughout the year. We target returns of inflation plus 3-5%. As long as the Fund achieves that goal, we are happy with performance. We feel the Fund is positioned strongly with about 50 positions and a 7.1% current yield. We expect significant economic uncertainty ahead, and that could make the Fund a bit more volatile but expect it to be muted quite considerably because of the high income level.

  
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.  
Average Annual Return [Table Text Block]
1 Year
5 Years
10 Years
Catalyst/SMH Total Return Income Fund
14.63%
7.80%
3.76%
S&P 500® Index
24.56%
15.05%
12.86%
ICE BofA High Yield U.S. Corporates Cash Pay Index
10.41%
3.74%
4.22%
  
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.  
Material Change Date Jun. 30, 2024  
AssetsNet $ 17,829,270 $ 17,829,270
Holdings Count | Holding 50 50
Advisory Fees Paid, Amount $ 54,238  
InvestmentCompanyPortfolioTurnover 35.00%  
Additional Fund Statistics [Text Block]

Fund Statistics 

  • Net Assets$17,829,270
  • Number of Portfolio Holdings50
  • Advisory Fee (net of waivers)$54,238
  • Portfolio Turnover35%
  
Holdings [Text Block]

Asset Weighting (% of total investments)

Group By Asset Type Chart
Value
Value
Common Stocks
29.9%
Convertible Bonds
5.1%
Corporate Bonds
37.9%
Money Market Funds
27.1%
  
Largest Holdings [Text Block]

Top 10 Holdings (% of net assets)

Holding Name
% of Net Assets
Transocean, Inc., 6.800%, 03/15/38
4.4%
Compass Diversified Holdings
4.3%
PennantPark Investment Corporation
4.2%
CoreCivic, Inc., 4.750%, 10/15/27
4.1%
EZCORP, Inc., 2.375%, 05/01/25
3.9%
Titan International, Inc., 7.000%, 04/30/28
3.7%
Enova International, Inc., 8.500%, 09/15/25
3.6%
Beazer Homes USA, Inc., 5.875%, 10/15/27
3.5%
Main Street Capital Corporation
3.4%
American Axle & Manufacturing, Inc., 5.000%, 10/01/29
3.3%
  
Material Fund Change [Text Block]

Material Fund Changes

No material changes occurred during the year ended June 30, 2024. 

  
Updated Prospectus Web Address https://catalystmf.com/literature-and-forms/