MCCVX

About MCCVX

NYLI MacKay Convertible Fund Class C is a mutual fund focused on convertible securities, primarily investing in convertible bonds issued by U.S. entities. Its primary objective is to achieve a balance of capital appreciation and current income by targeting convertibles that offer strong risk-return characteristics. The fund pursues a balanced, total return strategy, using a disciplined valuation process with a notable emphasis on risk management and capital preservation. Managed by a highly experienced investment team, the fund maintains a diversified portfolio that blends corporate convertible issues with a conservative, often cash-heavy allocation to help reduce downside risk during market turbulence. It is recognized for its ability to weather volatile periods, thanks to its selective and valuation-driven approach. In the financial market, the fund serves as a hybrid investment vehicle, bridging the gap between traditional bonds and equities, and providing investors with exposure to both fixed income characteristics and potential equity upside. The NYLI MacKay Convertible Fund Class C plays a significant role for investors seeking total return with moderated volatility within the convertible securities category.