Miller Convertible Bond Fund Class I (MCIFX)
| Fund Assets | 376.90M |
| Expense Ratio | 1.04% |
| Min. Investment | $1,000,000 |
| Turnover | 114.00% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 4.63% |
| Dividend Growth | 4.99% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 16, 2026 |
| Previous Close | 13.28 |
| YTD Return | 4.78% |
| 1-Year Return | 10.93% |
| 5-Year Return | 15.80% |
| 52-Week Low | 12.37 |
| 52-Week High | 13.45 |
| Beta (5Y) | n/a |
| Holdings | 58 |
| Inception Date | Dec 27, 2007 |
About MCIFX
The Miller Convertible Bond Fund is an open-ended mutual fund specializing in convertible bonds. Its primary objective is to maximize total return, combining current income with capital appreciation while preserving capital. Utilizing convertible bonds, which blend the fixed income characteristics of bonds with the growth potential of equities, the fund offers a diversified investment approach. It invests heavily in sectors such as healthcare, industrials, information technology, and consumer discretionary. The fund is managed by Wellesley Asset Management, leveraging their expertise in convertible bond strategies. By offering a mix of debt and equity features, the Miller Convertible Bond Fund serves as a strategic asset for investors seeking to diversify their portfolios and mitigate risk across various market conditions.
Performance
MCIFX had a total return of 10.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.71%.
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 | $0.357 | Mar 17, 2026 |
| Dec 15, 2025 | $0.0956 | Dec 16, 2025 |
| Sep 15, 2025 | $0.0483 | Sep 16, 2025 |
| Jun 16, 2025 | $0.1135 | Jun 17, 2025 |
| Mar 17, 2025 | $0.2754 | Mar 18, 2025 |
| Dec 16, 2024 | $0.0987 | Dec 17, 2024 |