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 | 3.98% |
| Dividend Growth | n/a |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 18.99 |
| YTD Return | 5.30% |
| 1-Year Return | 9.97% |
| 5-Year Return | 45.84% |
| 52-Week Low | 16.67 |
| 52-Week High | 19.51 |
| Beta (5Y) | n/a |
| Holdings | 104 |
| 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 9.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.14%.
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
21.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 3.18% |
| NRG Energy, Inc. | NRG.2.75 06.01.48 | 2.57% |
| Lantheus Holdings, Inc. | LNTH.2.625 12.15.27 | 2.44% |
| Merit Medical Systems, Inc. | MMSI.3 02.01.29 | 2.05% |
| Tetra Tech, Inc. | n/a | 1.95% |
| Post Holdings, Inc. | POST.2.5 08.15.27 | 1.94% |
| Southwest Airlines Co. | n/a | 1.90% |
| Integer Holdings Corp. | ITGR.1.875 03.15.30 | 1.86% |
| Exact Sciences Corp. | n/a | 1.85% |
| Booking Holdings, Inc. | n/a | 1.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0156 | Jun 30, 2025 |
| 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 |