Morningstar

NYLI MacKay Convertible Class C MCCVX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 22.69  /  +0.67 %
  • Total Assets 1.9B
  • Adj. Expense Ratio
    1.910%
  • Expense Ratio 1.910%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Convertibles
  • Investment Style Large Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.23%
  • Turnover 40%

USD | NAV as of Jul 15, 2026 | 1-Day Return as of Jul 15, 2026, 12:11 AM GMT+0

Morningstar’s Analysis MCCVX

Will MCCVX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MCCVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MCCVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MCCVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Deep experience and downside discipline, with an up-market asterisk.

Analyst Zach Houston-Read

Zach Houston-Read

Analyst

Summary

The veteran duo managing NYLI MacKay Convertible offers investors a disciplined, quality-focused approach to convertible securities. The strategy consistently prioritizes capital preservation during downturns, but the process can leave “chips on the table” when markets rally.

by Zach Houston-Read
Rated on Published on

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Portfolio Holdings MCCVX

More MCCVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
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