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MainStay MacKay Convertible Fund Class I

MCNVX•NASDAQ
Financial Services
Asset Management
$19.91
$-0.05(-0.25%)

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.

Meyka AI Score

B+

Score: 71.2/100

Key Financials

Market Cap1.5B
P/E Ratio-66.38
EPS (TTM)N/A
ROE-0.02%
Fundamental Analysis

AI Price Forecasts

1 Week$19.53
1 Month$19.63
3 Months$19.64
1 Year Target$19.32

MCNVX Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of MainStay MacKay Convertible Fund Class I (MCNVX) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

The current technical analysis reveals key indicators including an RSI of 64.52, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $19.32.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of -66.38 and a market capitalization of 1.5B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Technical Indicators

64.52RSI (14)
0.17MACD
41.60ADX
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Analyst Recommendations data is not available for MCNVXAnalyst Recommendations details for MCNVX are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

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.

Headquarters

MainStay Funds, MA

Founded

2008

Frequently Asked Questions

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