NYLI MacKay Convertible Class B (MCSVX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
18.46
-0.09 (-0.49%)
Feb 12, 2025, 8:06 AM EST
4.47%
Fund Assets 1.53B
Expense Ratio 1.91%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.75
Dividend Yield 4.03%
Dividend Growth 27.63%
Payout Frequency Semi-Annual
Ex-Dividend Date Dec 16, 2024
Previous Close 18.55
YTD Return 2.26%
1-Year Return 9.03%
5-Year Return 45.27%
52-Week Low 17.39
52-Week High 19.54
Beta (5Y) 0.66
Holdings 107
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.

Fund Family MainStay Fds B
Category Convertibles
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MCSVX
Share Class Class B
Index ICE BofA All Convertibles/Qlt TR

Performance

MCSVX had a total return of 9.03% in the past year. Since the fund's inception, the average annual return has been 6.42%, including dividends.

Equivalent Funds

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

Symbol Provider Name Expense Ratio
FTCVX Fidelity Fidelity Convertible Securities Fund 1.24%
FICVX Fidelity Fidelity Convertible Securities Fund 0.72%
FCCVX Fidelity Fidelity Convertible Securities Fund 1.76%
FIQVX Fidelity Fidelity Advisor Convertible Securities Fund - Class Z 0.60%
FACVX Fidelity Fidelity Convertible Securities Fund 0.99%

Other Share Classes

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

Symbol Share Class Expense Ratio
MCNVX Class I 0.61%
MCOAX Class A 0.96%
MCINX Investor Class 1.16%
MCCVX Class C 1.91%

Top 10 Holdings

21.63% of assets
Name Symbol Weight
Mainstay Funds Trust - Main US Government Liquidity Fund MUSXX 4.52%
NRG Energy, Inc. 2.75% NRG 2.75 06.01.48 2.17%
Tetra Tech Inc 2.25% TTEK 2.25 08.15.28 2.02%
Lantheus Holdings Inc 2.625% LNTH 2.625 12.15.27 2.00%
Merit Medical Systems Inc. 3% MMSI 3 02.01.29 1.96%
Exact Sciences Corporation 1.75% n/a 1.84%
Integer Holdings Corp. 2.125% ITGR 2.125 02.15.28 1.82%
Post Holdings Inc. 2.5% POST 2.5 08.15.27 1.82%
Southwest Airlines Co. 1.25% LUV 1.25 05.01.25 1.76%
Booking Holdings Inc 0.75% BKNG 0.75 05.01.25 1.73%
View More Holdings

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
Full Dividend History