Morningstar

Miller Convertible Bond I MCIFX

Morningstar Medalist Rating
Medalist Rating as of | See Miller Investment Hub
  • NAV / 1-Day Return 12.90  /  +0.16 %
  • Total Assets 675.6 Mil
  • Adj. Expense Ratio
    0.990%
  • Expense Ratio 0.990%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Convertibles
  • Investment Style —
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 4.08%
  • Turnover 75%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 PM GMT+0

Morningstar’s Analysis MCIFX

Will MCIFX 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 MCIFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MCIFX 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 MCIFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Miller Convertible Bond I's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings MCIFX

More MCIFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity T-Fund Instl

4.24 27.6 Mil
Cash and Equivalents

JPMorgan Chase Financial Co LLC 0%

3.61 23.5 Mil
Corporate

UBS AG, London Branch 0%

3.23 21.1 Mil
Corporate

Citigroup Global Markets Holdings Inc. 1%

2.95 19.2 Mil
Corporate

World Kinect Corporation 3.25%

2.68 17.5 Mil
Corporate

Akamai Technologies, Inc. 0.375%

2.68 17.5 Mil
Corporate

Jazz Investments I LTD 2%

2.66 17.4 Mil
Corporate

Morgan Stanley Finance LLC. 2.5%

2.64 17.2 Mil
Corporate

Ford Motor Company 0%

2.60 17.0 Mil
Corporate

LCI Industries 1.125%

2.60 16.9 Mil
Corporate

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