Miller Convertible Bond Fund Class A (MCFAX)
| Fund Assets | 479.73M |
| Expense Ratio | 1.54% |
| Min. Investment | $2,500 |
| Turnover | 114.00% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 4.20% |
| Dividend Growth | 6.01% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 16, 2026 |
| Previous Close | 12.70 |
| YTD Return | 0.09% |
| 1-Year Return | 6.75% |
| 5-Year Return | 6.53% |
| 52-Week Low | 11.98 |
| 52-Week High | 13.49 |
| Beta (5Y) | 0.42 |
| Holdings | 57 |
| 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 6.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.01%.
Top 10 Holdings
28.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Nomura America Finance LLC - NOMURA AMERICA FINANCE | NOMURA.0 02.24.27 MTN | 3.38% |
| Ford Motor Company - F 0 03/15/26 | F.0 03.15.26 | 2.87% |
| Winnebago Industries Inc. - WGO 3 1/4 01/15/30 | WGO.3.25 01.15.30 | 2.85% |
| PG&E Corporation - PCG 4 1/4 12/01/27 | PCG.4.25 12.01.27 | 2.82% |
| LCI Industries - LCII 3 03/01/30 | LCII.3 03.01.30 | 2.75% |
| Vishay Intertechnology, Inc. - VSH 2 1/4 09/15/30 | VSH.2.25 09.15.30 | 2.73% |
| Meritage Homes Corp - MTH 1 3/4 05/15/28 | MTH.1.75 05.15.28 | 2.73% |
| Avnet, Inc. - AVT 1 3/4 09/01/30 | AVT.1.75 09.01.30 | 2.71% |
| Shift4 Payments Inc - FOUR 0 1/2 08/01/27 | FOUR.0.5 08.01.27 | 2.70% |
| BofA Finance LLC - BAC 0 05/18/28 | BAC.0 05.18.28 180 | 2.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 16, 2026 | $0.3433 | Mar 17, 2026 |
| Dec 15, 2025 | $0.0762 | Dec 16, 2025 |
| Sep 15, 2025 | $0.034 | Sep 16, 2025 |
| Jun 16, 2025 | $0.1007 | Jun 17, 2025 |
| Mar 17, 2025 | $0.2622 | Mar 18, 2025 |
| Dec 16, 2024 | $0.0797 | Dec 17, 2024 |