NYLI MacKay Convertible Class I (MCNVX)
| Fund Assets | 1.63B |
| Expense Ratio | 0.61% |
| Min. Investment | $5,000,000 |
| Turnover | 35.00% |
| Dividend (ttm) | 1.04 |
| Dividend Yield | 5.01% |
| Dividend Growth | 29.81% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 20.75 |
| YTD Return | 11.96% |
| 1-Year Return | 10.86% |
| 5-Year Return | 45.80% |
| 52-Week Low | 17.26 |
| 52-Week High | 20.90 |
| Beta (5Y) | 0.79 |
| Holdings | 105 |
| Inception Date | Nov 28, 2008 |
About MCNVX
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.
Performance
MCNVX had a total return of 10.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.81%.
Top 10 Holdings
23.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 7.07% |
| Welltower OP LLC 3.125% | WELL.3.125 07.15.29 | 2.47% |
| Mirum Pharmaceuticals Inc. 4% | n/a | 1.92% |
| Tetra Tech Inc 2.25% | TTEK.2.25 08.15.28 | 1.87% |
| Merit Medical Systems Inc. 3% | MMSI.3 02.01.29 | 1.79% |
| Seagate HDD Cayman 3.5% | STX.3.5 06.01.28 | 1.74% |
| Post Holdings Inc. 2.5% | POST.2.5 08.15.27 | 1.74% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 1.61% |
| Lantheus Holdings Inc 2.625% | LNTH.2.625 12.15.27 | 1.59% |
| Integer Holdings Corp. 1.875% | ITGR.1.875 03.15.30 | 1.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0824 | Sep 30, 2025 |
| Jun 30, 2025 | $0.0778 | Jun 30, 2025 |
| Mar 31, 2025 | $0.0752 | Mar 31, 2025 |
| Dec 16, 2024 | $0.80325 | Dec 16, 2024 |
| Sep 30, 2024 | $0.0687 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0608 | Jun 28, 2024 |