MainStay Convertible B
169 Lackawanna Ave. Parsippany, NJ 07054
Map
Phone: 800-624-6782
| Category: | Convertibles | | Fund Family: | MainStay | | Net Assets: | 89.63M | | Year-to-Date Return: | -8.08% | | Yield: | 0.51% | | Morningstar Rating: |  | | Fund Inception Date: | 01-May-86 |
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Edward Silverstein
Lead Manager since
01-May-01 | | | Silverstein is Director and Head of the Convertible Division. He joined MacKay Shields as a Research Analyst in 1998 and became Portfolio Manager Research Analyst in 1999. Prior to joining MacKay Shields, he was most recently a Portfolio Manager for three years at the Bank of New York after having been a law clerk for two years at the Bank. In addition, he was an intern at the New York Stock Exchange Enforcement Division. Silverstein holds the Certified Financial Analyst designation. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $500 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks capital appreciation and current income. The fund normally invests at least 80% of assets in investment-grade convertible securities. It may also invest in nonconvertible corporate debt, equity securities, U.S. government securities, and/or cash or cash equivalents. |
| Last Dividend
(25-Jun-08):
| 0.02 | | Last Cap Gain
(7-Dec-07):
| 1.28 | | Annual Holdings Turnover
| 113.00% | | Average for Category:
| 86.08% |
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| Expense | MCSVX | Category
Avg | | Total Expense Ratio: | 1.94%
| 1.41% | | Max 12b1 Fee: | 1.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.04% | | Max Deferred Sales Load: | 5.00%
| 2.81% | | 3 Yr Expense Projection*: |
$955 | $643 | | 5 Yr Expense Projection*: |
$1,331 | $954 | | 10 Yr Expense Projection*: |
$2,269 | $1,828 |
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