NYLI MacKay Convertible Investor Class (MCINX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
20.38
+0.09 (0.44%)
Sep 5, 2025, 8:06 AM EDT
0.44%
Fund Assets1.57B
Expense Ratio1.16%
Min. Investment$1,000
Turnover35.00%
Dividend (ttm)0.91
Dividend Yield4.28%
Dividend Growth32.31%
Payout FrequencyQuarterly
Ex-Dividend DateJun 30, 2025
Previous Close20.29
YTD Return9.84%
1-Year Return12.38%
5-Year Return46.57%
52-Week Low17.20
52-Week High20.39
Beta (5Y)0.76
Holdings105
Inception DateFeb 28, 2008

About MCINX

The investment seeks capital appreciation together with current income. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in "convertible securities" such as bonds, debentures, corporate notes, and preferred stocks or other securities that are convertible into common stock or the cash value of a stock or a basket or index of equity securities. The balance of the fund may be invested or held in non-convertible debt, equity securities that do not pay regular dividends, U.S. government securities, and cash or cash equivalents.

Fund Family New York Life Investment Management LLC
Category Convertibles
Stock Exchange NASDAQ
Ticker Symbol MCINX
Share Class Investor Class
Index ICE BofA All Convertibles/Qlt TR

Performance

MCINX had a total return of 12.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.92%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FIQVXFidelityFidelity Advisor Convertible Secs Z0.60%
FTCVXFidelityFidelity Advisor Convertible Secs M1.24%
FCCVXFidelityFidelity Convertible Securities Fund1.76%
FICVXFidelityFidelity Advisor Convertible Secs I0.72%
FACVXFidelityFidelity Advisor Convertible Secs A0.99%

Other Share Classes

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

SymbolShare ClassExpense Ratio
MCNVXClass I0.61%
MCOAXClass A0.96%
MCCVXClass C1.91%

Top 10 Holdings

21.44% of assets
NameSymbolWeight
Mainstay Funds Trust - Main US Government Liquidity FundMUSXX4.92%
Welltower OP LLC 3.125%WELL.3.125 07.15.292.42%
Lantheus Holdings Inc 2.625%LNTH.2.625 12.15.271.97%
Tetra Tech Inc 2.25%TTEK.2.25 08.15.281.95%
Merit Medical Systems Inc. 3%MMSI.3 02.01.291.90%
Post Holdings Inc. 2.5%POST.2.5 08.15.271.77%
Integer Holdings Corp. 1.875%ITGR.1.875 03.15.301.72%
Uber Technologies Inc 0.875%UBER.0.875 12.01.28 20281.60%
Seagate HDD Cayman 3.5%STX.3.5 06.01.281.58%
PG&E Corporation 4.25%PCG.4.25 12.01.271.58%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.0491Jun 30, 2025
Mar 31, 2025$0.0484Mar 31, 2025
Dec 16, 2024$0.77549Dec 16, 2024
Sep 30, 2024$0.0409Sep 30, 2024
Jun 28, 2024$0.0324Jun 28, 2024
Mar 28, 2024$0.0171Mar 28, 2024
Full Dividend History