Mutual Fund Series Trust

12/04/2024 | Press release | Distributed by Public on 12/04/2024 16:18

Prospectus by Investment Company (Form 497)

MUTUAL FUND SERIES TRUST

(the "Trust")

4221 North 203rd Street, Suite 100
Elkhorn, Nebraska 68022

Catalyst Systematic Alpha Fund

Class A: ATRAX Class C: ATRCX Class I: ATRFX

Catalyst/Warrington Strategic Program Fund

Class A: CWXAX Class C: CWXCX Class I: CWXIX

Catalyst Buffered Shield Fund

Class A: SHIEX Class C: SHINX Class I: SHIIX

Catalyst/Millburn Dynamic Commodity Strategy Fund

Class A: DCXAX Class C: DCXCX Class I: DCXIX

Catalyst/Millburn Hedge Strategy Fund

Class A: MBXAX Class C: MBXCX Class C-1: MBXFX Class I: MBXIX

Catalyst Nasdaq-100 Hedged Equity Fund

Class A: CLPAX Class C: CLPCX Class I: CLPFX

Catalyst/Aspect Enhanced Multi-Asset Fund

Class A: CASAX Class C: CASCX Class I: CASIX

(collectively, the "Funds")

December 4, 2024

This information supplements certain information contained in the

Funds' Statement of Additional Information (the "SAI") dated November 1, 2024.

______________________________________________________________________________

Effective November 18, 2024, Thomas Hamel is a Vice President of the Trust. Accordingly, the following information is added to the table under the section of the Funds' SAI entitled "Management - Trustees and Officers".

Name, Address, Year of Birth Position(s) Held with Trust Term and Length Served Principal Occupation(s) During Past 5 Years

Number of

Portfolios

Overseen In

The Fund

Complex

Other

Directorships

Held

During Past

5 Years

Thomas Hamel

36 N. New York Avenue

Huntington, NY

11743

Year of Birth: 1969

Vice President Since 11/2024 Managing Director, Head of Investment Operations, Catalyst Capital Advisors LLC, AlphaCentric Advisors LLC and Rational Advisors, Inc., since 1/2024; COO, Head of Investment Operations & Accounting, Captain Technologies, 9/2020 to 1/2024; Head of Client & Investment Operations, Aksia LLC, 4/2009 - 8/2020. N/A N/A
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You should read this Supplement in conjunction with the current Prospectus, Summary Prospectus and the Statement of Additional Information for the Funds, each dated November 1, 2024, which provide information that you should know about the Funds before investing. These documents are available upon request and without charge by calling the Funds toll-free at 1-866-447-4228 or by writing to 225 Pictoria Dr, Suite 450, Cincinnati, OH 45246.

Please retain this Supplement for future reference.

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