Miller Convertible Bond Fund Class A (MCFAX)
| Fund Assets | 592.18M |
| Expense Ratio | 1.51% |
| Min. Investment | $2,500 |
| Turnover | 73.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 3.97% |
| Dividend Growth | 11.44% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 16, 2025 |
| Previous Close | 12.67 |
| YTD Return | 2.03% |
| 1-Year Return | 2.72% |
| 5-Year Return | 19.17% |
| 52-Week Low | 11.98 |
| 52-Week High | 13.16 |
| Beta (5Y) | 0.44 |
| Holdings | 84 |
| Inception Date | Dec 27, 2007 |
About MCFAX
Miller Convertible Bond Fund is an open-end mutual fund that primarily invests in convertible securities, aiming to maximize total return through a blend of current income and capital appreciation. The fund's strategy involves investing at least 80% of its assets in convertible bonds, which offer a combination of bond-like stability and equity-like growth potential. It targets companies across various sectors, including healthcare, industrials, and technology, providing investors with a diversified portfolio that can mitigate volatility. The fund's investment approach is designed to preserve capital while seeking returns that can outperform traditional fixed-income securities, making it a viable option for those seeking a balance between income and growth in their investment portfolios.
Performance
MCFAX had a total return of 2.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.00%.
Top 10 Holdings
29.02% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - T-Fund | TSTXX | 3.45% |
| Citigroup Global Markets Holdings Inc. - C 1 02/03/27 | C.1 02.03.27 MTN | 3.00% |
| Sarepta Therapeutics Inc - SRPT 1 1/4 09/15/27 | n/a | 2.90% |
| Royal Bank of Canada - RBC 0 09/25/2027 | RY.0 09.23.27 D4NV | 2.88% |
| Ford Motor Company - F 0 03/15/26 | F.0 03.15.26 | 2.84% |
| Vishay Intertechnology, Inc. - VSH 2 1/4 09/15/30 | n/a | 2.83% |
| JPMorgan Chase Financial Co LLC - JPM 0 04/26/28 | JPM.0 04.26.28 EMTZ | 2.80% |
| Amphastar Pharmaceuticals Inc - AMPH 2 03/15/29 | AMPH.2 03.15.29 | 2.78% |
| Winnebago Industries Inc. - WGO 3 1/4 01/15/30 | WGO.3.25 01.15.30 | 2.78% |
| ON Semiconductor Corp. - ON 0 1/2 03/01/29 | ON.0.5 03.01.29 | 2.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.1007 | Jun 17, 2025 |
| Mar 17, 2025 | $0.2622 | Mar 18, 2025 |
| Dec 16, 2024 | $0.0797 | Dec 17, 2024 |
| Sep 16, 2024 | $0.0795 | Sep 17, 2024 |
| Jun 17, 2024 | $0.1014 | Jun 18, 2024 |
| Mar 18, 2024 | $0.2011 | Mar 19, 2024 |