NYLI MacKay Convertible Class A (MCOAX)
| Fund Assets | 1.62B |
| Expense Ratio | 0.96% |
| Min. Investment | $15,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.90 |
| Dividend Yield | 4.33% |
| Dividend Growth | 31.26% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 19.64 |
| YTD Return | 6.10% |
| 1-Year Return | 11.32% |
| 5-Year Return | 55.28% |
| 52-Week Low | 17.21 |
| 52-Week High | 20.14 |
| Beta (5Y) | n/a |
| Holdings | 104 |
| Inception Date | Jan 3, 1995 |
About MCOAX
MCOAX was founded on 1995-01-03. The Fund's investment strategy focuses on Convertible Secs with 0.96% total expense ratio. The minimum amount to invest in MainStay Funds: MainStay MacKay Convertible Fund; Class A Shares is $15,000 on a standard taxable account. MainStay Funds: MainStay MacKay Convertible Fund; Class A Shares seeks capital appreciation together with current income. MCOAX invests at least 80% of its assets in convertible securities like bonds, debentures, corporate notes, preferred stocks or other securities that are convertible to common stock or the cash value of a stock or a basket or index of equity securities.
Performance
MCOAX had a total return of 11.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.70%.
Top 10 Holdings
21.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 3.18% |
| NRG Energy, Inc. | NRG.2.75 06.01.48 | 2.57% |
| Lantheus Holdings, Inc. | LNTH.2.625 12.15.27 | 2.44% |
| Merit Medical Systems, Inc. | MMSI.3 02.01.29 | 2.05% |
| Tetra Tech, Inc. | n/a | 1.95% |
| Post Holdings, Inc. | POST.2.5 08.15.27 | 1.94% |
| Southwest Airlines Co. | n/a | 1.90% |
| Integer Holdings Corp. | ITGR.1.875 03.15.30 | 1.86% |
| Exact Sciences Corp. | n/a | 1.85% |
| Booking Holdings, Inc. | n/a | 1.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0624 | Jun 30, 2025 |
| Mar 31, 2025 | $0.0604 | Mar 31, 2025 |
| Dec 16, 2024 | $0.7873 | Dec 16, 2024 |
| Sep 30, 2024 | $0.0531 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0456 | Jun 28, 2024 |
| Mar 28, 2024 | $0.0278 | Mar 28, 2024 |