MCOAX – NYLIM MacKay Convertible Class A Investment Strategy | Morningstar

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Strategy

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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MCNVX	NYLIM MacKay Convertible Class I	Institutional	Open			Nov 28, 2008	$996.17M	0.610%	Low	$1M	−$36.22M
MCOAX	NYLIM MacKay Convertible Class A	Front Load	Open			Jan 3, 1995	$809.47M	0.930%	Low	$15,000	−$16.55M
MCINX	NYLIM MacKay Convertible Investor Class	Front Load	Open			Feb 28, 2008	$30.53M	1.160%	Average	$1,000	−$11.80M
MCCVX	NYLIM MacKay Convertible Class C	Level Load	Open			Sep 1, 1998	$20.34M	1.910%	Above Average	$1,000	−$6.99M

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