Frequently Asked Questions About MCSVX

What does MCSVX invest in?

The fund seeks to achieve both capital growth and a consistent income stream. Typically, at least 80% of its total assets—calculated as net assets plus any borrowed funds for investment—are committed to "convertible securities." Such investments, which include bonds, debentures, corporate notes, and preferred stocks, offer the option to convert into common stock or the cash equivalent of a stock, or even a basket or index of equity securities. The balance of the portfolio may be held in other assets, such as non-convertible debt, non-dividend-paying equity securities, U.S. government securities, or cash and its equivalents.

What is the expense ratio of MCSVX?

MainStay MacKay Convertible Fund Class B (MCSVX) charges an expense ratio of 1.94%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MCSVX?

MainStay MacKay Convertible Fund Class B (MCSVX) manages $1.53B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MCSVX actively managed or an index fund?

MCSVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MCSVX launched?

MainStay MacKay Convertible Fund Class B (MCSVX) launched in April 1986 and is managed by the fund issuer.

How has MCSVX performed?

MCSVX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

MCSVX (MainStay MacKay Convertible Fund Class B) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

MCSVX

MainStay MacKay Convertible Fund Class B

NASDAQ·Asset Management · Financial Services

$18.68$0.11+0.59%

Market closed·Feb 21 1:01 AM UTC

Price Chart

$18.68+$0.11 (+0.59%)today

−22.13%CAGR −4.88%

Select date range

FromTo

Apr 30, 1986Jul 23, 2021 → Jul 23, 2026· 5.0 yrsJul 23, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

FrequencyAnnual

Most Recent—

Ex-Dividend Date—

Payment Date—

DiversificationDiversification Tab

Holdings109

Top 10 Weight24.8%

Top 25 Weight45.4%

Effective Holdings74

Sectors—

Largest Holding56064L488 · 4.4%

Largest Sector—

Asset ClassEquity

StrategyThematic

Cost & RiskExpenses Tab

Expense Ratio1.94%

Cost per 10k Invested$194

AUM$1.53B

Avg Daily Volume—

Price$18.68

NAV$18.68

Premium / Discount+0.00%

52-Week Range$17.39 – $19.54

Beta0.82

Fund Overview

Cost Verdict

Is MCSVX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: —
Asset Class: Equity
Strategy: Thematic
Inception: April 30, 1986
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US56062F3010
CUSIP: 56062F301

Peers

Peers Tab

GRMIX

Nationwide S&P 500 Index Fund

Cap

$1.8B

SUBYX

Carillon Reams Unconstrained Bond Fund Class Y

Cap

$1.5B

SCPYX

Carillon Reams Core Plus Bond Fund Class Y

Cap

$1.6B

Latest News

News Tab

No recent news available.

Frequently Asked Questions About MCSVX

What does MCSVX invest in?: The fund seeks to achieve both capital growth and a consistent income stream. Typically, at least 80% of its total assets—calculated as net assets plus any borrowed funds for investment—are committed to "convertible securities." Such investments, which include bonds, debentures, corporate notes, and preferred stocks, offer the option to convert into common stock or the cash equivalent of a stock, or even a basket or index of equity securities. The balance of the portfolio may be held in other assets, such as non-convertible debt, non-dividend-paying equity securities, U.S. government securities, or cash and its equivalents.
What is the expense ratio of MCSVX?: MainStay MacKay Convertible Fund Class B (MCSVX) charges an expense ratio of 1.94%. This is the annual fee deducted from fund assets to cover management and operations.
How big is MCSVX?: MainStay MacKay Convertible Fund Class B (MCSVX) manages $1.53B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
Is MCSVX actively managed or an index fund?: MCSVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
When was MCSVX launched?: MainStay MacKay Convertible Fund Class B (MCSVX) launched in April 1986 and is managed by the fund issuer.
How has MCSVX performed?: MCSVX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.