Miller Convertible Bond Fund Class A (MCFAX)
| Fund Assets | 378.82M |
| Expense Ratio | 1.54% |
| Min. Investment | $2,500 |
| Turnover | 114.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 4.37% |
| Dividend Growth | 18.96% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 15, 2026 |
| Previous Close | 13.65 |
| YTD Return | 8.91% |
| 1-Year Return | 13.41% |
| 5-Year Return | 15.98% |
| 52-Week Low | 12.54 |
| 52-Week High | 13.73 |
| 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.
Performance
MCFAX had a total return of 13.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.42%.
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 |