MainStay MacKay Convertible B (MCSVX)
Nasdaq - Nasdaq Delayed price. Currency in USD
Add to watchlist
At close: 08:01PM EDT
MainStay MacKay Convertible B
Parsippany, NJ 07054
169 Lackawanna Ave
MainStay Funds
Management information
,Lead manager since 27 February 2024
Rejoining MacKay Shields in 2015, Tom has returned to his role as a Convertible portfolio manager. With MacKay
Shields from 1995 to 2004 in our Convertible area, Tom left us to pursue opportunities in the hedge fund community
with AM Investment Partners. Most recently Tom was an Equity Long/Short portfolio manager with Centurion Capital and previously with Deutsche Bank. Tom has an MBA in Finance from New York University and BA in Economics from the University of Notre Dame. He is a CFA and has been in the investment management business since 1983.
Morningstar style box
Yahoo partners with Morningstar, a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box, which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.
Fund overview
CategoryConvertibles
Fund familyNew York Life Investment Management LLC
Net assets1.61B
YTD return1.70%
Yield3.22%
Morningstar rating★★★
Inception date27 Nov 2008
Fund operations
Last dividend0.58
Last cap gain-2.00
Holdings turnover33.00%
Average for categoryN/A
Fees and expenses
ExpenseMCSVXCategory average
Annual report expense ratio (net)0.62%1.13%
Prospectus net expense ratio0.62%N/A
Prospectus gross expense ratio0.70%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A4.33%
Max deferred sales loadN/A1.57%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A
© 2024 Yahoo. All rights reserved.