MainStay MacKay Convertible Bond’s experienced portfolio management duo has maintained a more conservative approach relative to its peers, but their style has not proved to be an advantage. The strategy’s cheapest I share class earns a Morningstar Analyst Rating of Bronze, while its more expensive options carry Neutral ratings.
Will MCSVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MCSVX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MCSVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MCSVX’s parent organization’s priorities and whether they’re in line with investors’ interests.