NYLI MacKay Convertible Class I (MCNVX)
| Fund Assets | 1.54B |
| Expense Ratio | 0.61% |
| Min. Investment | $5,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.98 |
| Dividend Yield | 5.35% |
| Dividend Growth | 19.42% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 18.23 |
| YTD Return | -2.30% |
| 1-Year Return | 5.22% |
| 5-Year Return | 78.76% |
| 52-Week Low | 17.95 |
| 52-Week High | 20.21 |
| Beta (5Y) | 0.82 |
| Holdings | 108 |
| 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 5.22% in the past year. Since the fund's inception, the average annual return has been 11.33%, including dividends.
Top 10 Holdings
21.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 3.82% |
| Lantheus Holdings Inc 2.625% | LNTH 2.625 12.15.27 | 2.09% |
| Tetra Tech Inc 2.25% | TTEK 2.25 08.15.28 | 2.05% |
| NRG Energy, Inc. 2.75% | NRG 2.75 06.01.48 | 2.01% |
| Merit Medical Systems Inc. 3% | MMSI 3 02.01.29 | 1.94% |
| Exact Sciences Corporation 1.75% | EXAS 1.75 04.15.31 | 1.88% |
| Southwest Airlines Co. 1.25% | LUV 1.25 05.01.25 | 1.86% |
| Post Holdings Inc. 2.5% | POST 2.5 08.15.27 | 1.84% |
| Integer Holdings Corp. 2.125% | ITGR 2.125 02.15.28 | 1.82% |
| Biomarin Pharmaceutical Inc. 1.25% | BMRN 1.25 05.15.27 | 1.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.80325 | Dec 16, 2024 |
| Sep 30, 2024 | $0.0687 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0608 | Jun 28, 2024 |
| Mar 28, 2024 | $0.0431 | Mar 28, 2024 |
| Dec 14, 2023 | $0.62756 | Dec 14, 2023 |
| Sep 29, 2023 | $0.063 | Sep 29, 2023 |