NYLI MacKay Convertible Class C (MCCVX)
| Fund Assets | 1.62B |
| Expense Ratio | 1.91% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.76 |
| Dividend Yield | 4.40% |
| Dividend Growth | n/a |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 17.24 |
| YTD Return | -3.64% |
| 1-Year Return | 3.93% |
| 5-Year Return | 52.64% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 109 |
| Inception Date | Sep 1, 1998 |
About MCCVX
MCCVX was founded on 1998-09-01. The Fund's investment strategy focuses on Convertible Secs with 1.91% total expense ratio. The minimum amount to invest in MainStay Funds: MainStay MacKay Convertible Fund; Class C Shares is $1,000 on a standard taxable account. MainStay Funds: MainStay MacKay Convertible Fund; Class C Shares seeks capital appreciation together with current income. MCCVX invests at least 80% of its assets in convertible securities like bonds, debentures, corporate notes, preferred stocks or other securities that are convertible to common stock or the cash value of a stock or a basket or index of equity securities.
Performance
MCCVX had a total return of 3.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.84%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class Z | 0.60% |
| FTCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class M | 1.24% |
| FCCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class C | 1.76% |
| FICVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class I | 0.72% |
| FACVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class A | 0.99% |
Top 10 Holdings
21.17% of assets| Name | Symbol | Weight |
|---|---|---|
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 3.85% |
| NRG Energy, Inc. 2.75% | NRG 2.75 06.01.48 | 2.36% |
| Lantheus Holdings Inc 2.625% | LNTH 2.625 12.15.27 | 2.15% |
| Merit Medical Systems Inc. 3% | MMSI 3 02.01.29 | 2.04% |
| Post Holdings Inc. 2.5% | POST 2.5 08.15.27 | 1.83% |
| Biomarin Pharmaceutical Inc. 1.25% | BMRN 1.25 05.15.27 | 1.81% |
| Southwest Airlines Co. 1.25% | LUV 1.25 05.01.25 | 1.80% |
| Exact Sciences Corporation 1.75% | EXAS 1.75 04.15.31 | 1.79% |
| Tetra Tech Inc 2.25% | TTEK 2.25 08.15.28 | 1.79% |
| Booking Holdings Inc 0.75% | BKNG 0.75 05.01.25 | 1.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.0119 | Mar 31, 2025 |
| Dec 16, 2024 | $0.73935 | Dec 16, 2024 |
| Sep 30, 2024 | $0.0065 | Sep 30, 2024 |
| Dec 14, 2023 | $0.57158 | Dec 14, 2023 |
| Jun 30, 2023 | $0.0048 | Jun 30, 2023 |
| Mar 31, 2023 | $0.008 | Mar 31, 2023 |