NYLI MacKay Convertible Class B (MCSVX)
| Fund Assets | 1.58B |
| Expense Ratio | 1.91% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | 27.63% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 18.57 |
| YTD Return | 3.15% |
| 1-Year Return | 10.98% |
| 5-Year Return | 50.71% |
| 52-Week Low | 17.39 |
| 52-Week High | 19.54 |
| Beta (5Y) | 0.82 |
| Holdings | 108 |
| Inception Date | Apr 30, 1986 |
About MCSVX
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
MCSVX had a total return of 10.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.44%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FICVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class I | 0.72% |
| FCCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class C | 1.76% |
| FIQVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class Z | 0.60% |
| FACVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class A | 0.99% |
| FCVSX | Fidelity | Fidelity Convertible Securities Fund | 0.69% |
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 | $0.73935 | Dec 16, 2024 |
| Sep 30, 2024 | $0.0065 | Sep 30, 2024 |
| Dec 14, 2023 | $0.57158 | Dec 14, 2023 |
| Jun 30, 2023 | $0.0048 | Jun 30, 2023 |
| Mar 31, 2023 | $0.008 | Mar 31, 2023 |
| Dec 15, 2022 | $0.55163 | Dec 15, 2022 |