MainStay MacKay Convertible Fund Class I
MainStay MacKay Convertible Fund Class I (MCNVX) Stock Overview
Explore MainStay MacKay Convertible Fund Class I’s financial performance, market position, analyst ratings, and future outlook.
Company Profile
The investment seeks capital appreciation together with current income. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) 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. The balance of the fund may be invested or held in non-convertible debt, equity securities that do not pay regular dividends, U.S. government securities, and cash or cash equivalents.
MainStay Funds, MA
2008