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MainStay MacKay Convertible A MCOAX

Analyst rating as of
NAV / 1-Day Return
24.04  /  1.22 %
Total Assets
1.9 Bil
Adj. Expense Ratio
0.960%
Expense Ratio
0.960%
Fee Level
Below Average
Longest Manager Tenure
20.02 years
Category
Convertibles
Investment Style
Large Value
Min. Initial Investment
15,000
Status
Open
TTM Yield
0.50%
Turnover
46%
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Morningstar’s Analysis

Will MCOAX outperform in future?

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

Leadership is this strategy’s bright spot.

Summary

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MainStay MacKay Convertible’s experienced portfolio management team and strong resources have been stable over the long term, but its sensible approach has not demonstrated an edge. The strategy’s cheaper share class earns a Morningstar Analyst Rating of Bronze, while more expensive options warrant Neutral ratings.

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