NYLI MacKay Convertible Class C (MCCVX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
19.01
+0.02 (0.11%)
Jun 27, 2025, 4:00 PM EDT
5.55%
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.

Category Convertibles
Stock Exchange NASDAQ
Ticker Symbol MCCVX
Share Class Class C
Index ICE BofA All Convertibles/Qlt TR

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%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
MCNVX Class I 0.61%
MCOAX Class A 0.96%
MCINX Investor Class 1.16%

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%
View More Holdings

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
Full Dividend History