Mainstay Vertible Fund Quote

MCSVX Fund  USD 18.65  0.09  0.48%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 22

 
High
 
Low
Low
Mainstay Convertible is trading at 18.65 as of the 30th of January 2025; that is 0.48 percent increase since the beginning of the trading day. The fund's open price was 18.56. Mainstay Convertible has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 30th of January 2025. Click here to learn more.
The fund, under normal circumstances, invests at least 80 percent of its assets in convertible securities such as bonds, debentures, corporate notes, and preferred stocks or other securities that are convertible into common stock or the cash value of a stock or a basket or index of equity securities. More on Mainstay Vertible Fund

Moving together with Mainstay Mutual Fund

  0.82MKTBX Mainstay Tax FreePairCorr
  0.88MKTRX Mainstay Income BuilderPairCorr

Mainstay Mutual Fund Highlights

Fund ConcentrationNew York Life Investment Management LLC Funds, Large Value Funds, Convertibles Funds, Convertibles, New York Life Investment Management LLC (View all Sectors)
Update Date31st of December 2024
Expense Ratio Date28th of February 2023
Fiscal Year EndOctober
Mainstay Vertible Fund [MCSVX] is traded in USA and was established 30th of January 2025. Mainstay Convertible is listed under New York Life Investment Management LLC category by Fama And French industry classification. The fund is listed under Convertibles category and is part of New York Life Investment Management LLC family. This fund now has accumulated 1.62 B in assets with no minimum investment requirementsMainstay Convertible is currently producing year-to-date (YTD) return of 2.71% with the current yeild of 0.02%, while the total return for the last 3 years was 3.18%.
Check Mainstay Convertible Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Mainstay Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Mainstay Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Mainstay Vertible Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Mainstay Vertible Fund Mutual Fund Constituents

DHRDanaherStockHealth Care
MUSXXMainstay Government LiquidityMoney Market FundUS Money Market Fund
XPOXPO LogisticsStockIndustrials
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Mainstay Convertible Risk Profiles

Mainstay Convertible Against Markets

Other Information on Investing in Mainstay Mutual Fund

Mainstay Convertible financial ratios help investors to determine whether Mainstay Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay Convertible security.
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