MainStay MacKay Convertible Bond’s selective investment mindset and strong fundamental work allow the team to ride through rough patches without major bruises, and a sensible, valuation-driven approach results in resilient performance. The strategy’s cheapest share class earns a Morningstar Medalist Rating of Bronze, while its more expensive options earn Neutral ratings.
MainStay MacKay Convertible B MCSVX
- NAV / 1-Day Return 17.91 / +0.17 %
- Total Assets 1.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.940%
- Distribution Fee Level High
- Share Class Type —
- Category Convertibles
- Investment Style Large Blend
- Min. Initial Investment 1,000
- Status Closed
- TTM Yield 3.22%
- Turnover 33%
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:04 PM GMT+0
Morningstar’s Analysis MCSVX
Will MCSVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings —
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MainStay US Government Liquidity I | 4.95 | 77.4 Mil | Cash and Equivalents |
Nice Limited 0% | 2.83 | 44.3 Mil | Corporate |
Pioneer Natural Resources Company 0.25% | 2.31 | 36.2 Mil | Corporate |
Microchip Technology Incorporated 0.125% | 2.24 | 34.9 Mil | Corporate |
Biomarin Pharmaceutical Inc. 1.25% | 2.22 | 34.7 Mil | Corporate |
Palo Alto Networks Inc 0.375% | 2.04 | 32.0 Mil | Corporate |
NRG Energy, Inc. 2.75% | 1.98 | 31.0 Mil | Corporate |
Southwest Airlines Co. 1.25% | 1.82 | 28.4 Mil | Corporate |
Exact Sciences Corporation 0.375% | 1.81 | 28.3 Mil | Corporate |
Ford Motor Company 0% | 1.74 | 27.3 Mil | Corporate |