Morningstar

NYLI MacKay Convertible Class C MCCVX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 18.83  /  +0.16 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    1.940%
  • Expense Ratio 1.940%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Convertibles
  • Investment Style Large Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.05%
  • Turnover 33%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:29 PM GMT+0

Morningstar’s Analysis MCCVX

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

  • People Pillar

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

Still a solid choice.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

MainStay MacKay Convertible Bond’s selective mindset and steadfast investing style allow it to weather rough patches without major bruises, and a sensible, valuation-driven approach results in resilient performance.

by Chiayi Tsui
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MCCVX

More MCCVX Holdings
  • 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

4.75 73.9 Mil
Cash and Equivalents

TransMedics Group Inc. 1.5%

2.32 36.0 Mil
Corporate

Lantheus Holdings Inc 2.625%

2.31 35.9 Mil
Corporate

Microchip Technology Incorporated 0.125%

2.24 34.8 Mil
Corporate

Tetra Tech Inc 2.25%

2.08 32.3 Mil
Corporate

Biomarin Pharmaceutical Inc. 1.25%

1.82 28.3 Mil
Corporate

Merit Medical Systems Inc. 3%

1.77 27.5 Mil
Corporate

Southwest Airlines Co. 1.25%

1.76 27.4 Mil
Corporate

Post Holdings Inc. 2.5%

1.75 27.2 Mil
Corporate

Ford Motor Company 0%

1.74 27.1 Mil
Corporate

Sponsor Center