Miller Convertible Bond Fund Class A (MCFAX)
| Fund Assets | 376.90M |
| Expense Ratio | 1.54% |
| Min. Investment | $2,500 |
| Turnover | 114.00% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 4.00% |
| Dividend Growth | 6.01% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 16, 2026 |
| Previous Close | 13.32 |
| YTD Return | 4.58% |
| 1-Year Return | 10.30% |
| 5-Year Return | 12.97% |
| 52-Week Low | 12.42 |
| 52-Week High | 13.49 |
| Beta (5Y) | 0.43 |
| Holdings | 58 |
| 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 10.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.23%.
Top 10 Holdings
28.77% of assets| Name | Symbol | Weight |
|---|---|---|
| Nomura America Finance LLC 0% | NOMURA.0 02.24.27 MTN | 3.79% |
| Avnet, Inc. 1.75% | AVT.1.75 09.01.30 | 3.15% |
| Winnebago Industries Inc. 3.25% | WGO.3.25 01.15.30 | 3.04% |
| Euronet Worldwide, Inc. 0.625% | EEFT.0.625 10.01.30 | 2.80% |
| PG&E Corporation 4.25% | PCG.4.25 12.01.27 | 2.75% |
| Vishay Intertechnology, Inc. 2.25% | VSH.2.25 09.15.30 | 2.73% |
| Bank of Montreal 1% | BMO.V1 01.26.29 0008 | 2.65% |
| Ford Motor Company 0% | F.0 03.15.26 | 2.64% |
| Akamai Technologies, Inc. 1.125% | AKAM.1.125 02.15.29 | 2.61% |
| JPMorgan Chase Financial Co LLC 0% | JPM.0 04.26.28 EMTZ | 2.59% |
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 |