MCCVX - MainStay MacKay Convertible Fund

Nasdaq - Nasdaq Delayed Price. Currency in USD

MainStay MacKay Convertible Fund

Parsippany, NJ 07054

169 Lackawanna Ave

MainStay Funds

Management Information
,Lead Manager since April 30, 2001
Edward Silverstein is a Senior Managing Director and Head of Convertibles, where he oversees the management and research of the firm’s Convertible strategy. He joined MacKay Shields as a Research Analyst in 1998, becoming a Portfolio Manager/Research Analyst in 1999. Prior to joining MacKay Shields, he worked as a Portfolio Manager and Law Clerk at the Bank of New York. He also interned at the New York Stock Exchange Enforcement Division. He has a BS from the University of Vermont, an MBA from the Baruch College and a JD from Brooklyn Law School. He is a CFA charterholder and also a member of the New York State Bar. He authored, Wise Up!: A Portfolio Manager's Guide to Better Investment Decisions. He has been working in the investment industry since 1995.
Morningstar Style Box
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Morningstar Category
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Fund Overview

Fund FamilyNew York Life Investment Management LLC
Net Assets1.56B
YTD Return2.72%
Morningstar Rating★★★
Inception DateNov 27, 2008

Fund Operations

Last Dividend0.01
Last Cap Gain3.00
Holdings Turnover14.00%
Average for CategoryN/A

Fees & Expenses

ExpenseMCCVXCategory Average
Annual Report Expense Ratio (net)0.61%1.13%
Prospectus Net Expense Ratio0.61%N/A
Prospectus Gross Expense Ratio0.67%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