Miller Convertible Bond Fund Class A (MCFAX)

Fund Assets	384.96M
Expense Ratio	1.54%
Min. Investment	$2,500
Turnover	114.00%
Dividend (ttm)	0.62
Dividend Yield	4.47%
Dividend Growth	18.96%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 15, 2026

Previous Close	13.89
YTD Return	10.83%
1-Year Return	13.43%
5-Year Return	18.84%
52-Week Low	12.54
52-Week High	13.93
Beta (5Y)	0.43
Holdings	50
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.

• Fund Family: Miller Investment
• Category: Convertibles
• Performance Rating: Low
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: MCFAX
• Share Class: Class A Shares
• Index: ICE BofA Yield Alternative US Convertible TR USD

Performance

MCFAX had a total return of 13.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.48%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MCIFX	Class I Shares	1.04%
MCFCX	Class C Shares	2.04%

Top 10 Holdings

29.79% of assets

Name	Symbol	Weight
AVNET INC - AVT 1 3/4 09/01/30	AVT.1.75 09.01.30	3.47%
VISHAY INTERTECHNOLOGY INC - VSH 2 1/4 09/15/30	VSH.2.25 09.15.30	3.23%
EURONET WORLDWIDE INC - EEFT 0 5/8 10/01/30	EEFT.0.625 10.01.30	3.00%
NOMURA AMERICA FINANCE LLC - NOMURA AMERICA FINANCE	NOMURA.0 02.24.27 MTN	2.99%
AKAMAI TECHNOLOGIES INC - AKAM 1 1/8 02/15/29	AKAM.1.125 02.15.29	2.96%
WINNEBAGO INDUSTRIES INC - WGO 3 1/4 01/15/30	WGO.3.25 01.15.30	2.86%
CITIGROUP GLOBAL MARKETS HOLDINGS INC - C 1 02/03/27	C.1 02.03.27 MTN	2.86%
GS FINANCE CORP - GS 0 01/07/28	GS.0 01.07.28	2.85%
BANK OF MONTREAL - BMO 1 01/26/29	BMO.V1 01.26.29 DMTN	2.80%
GLOBAL PAYMENTS INC - GPN 1 1/2 03/01/31	GPN.1.5 03.01.31	2.77%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 15, 2026	$0.1676	Jun 16, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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