MainStay MacKay Convertible Bond’s stable and experienced portfolio management and supporting team exhibit cautious risk-taking in their investment approach. The strategy’s cheapest share class earns a Morningstar Analyst Rating of Bronze, while its more expensive options earn Neutral ratings.
MainStay MacKay Convertible B MCSVX
NAV / 1-Day Return
18.43
/
0.00
Total Assets
1.7 Bil
Adj. Expense Ratio
1.880%
Expense Ratio
1.880%
Fee Level
High
Longest Manager Tenure
21.29
years
Category
Convertibles
Investment Style
Mid ValueMin. Initial Investment
1,000
Status
Open
TTM Yield
0.67%
Turnover
49%
Morningstar’s Fund Analysis MCSVX
Will MCSVX outperform in 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 MCSVX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
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.
Parent Pillar
The Parent Pillar is our rating of MCSVX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Steadfast in management with a selective approach.
