MCINX | MAINSTAY CONVERTIBLE FUND INVESTOR CLASS

Basic Info 18.44 0.01(0.05%)
May 10

MAINSTAY CONVERTIBLE FUND INVESTOR CLASS started on 02/28/2008

MAINSTAY CONVERTIBLE FUND INVESTOR CLASS is classified as asset class Convertibles

MAINSTAY CONVERTIBLE FUND INVESTOR CLASS expense ratio is 0.95%

MAINSTAY CONVERTIBLE FUND INVESTOR CLASS rating is

(55%)

MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) Dividend Info

MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) dividend growth in the last 12 months is 7.72%

The trailing 12-month yield of MAINSTAY CONVERTIBLE FUND INVESTOR CLASS is 4.01%. its dividend history:

Date	Dividend
03/28/2024	0.0171
12/14/2023	0.6047
09/29/2023	0.0365
06/30/2023	0.0365
03/31/2023	0.0402
12/15/2022	0.585
09/30/2022	0.0148
06/30/2022	0.005
03/31/2022	0.0028
12/06/2021	4.6851
06/30/2021	0.001
12/07/2020	1.509
06/30/2020	0.009
03/31/2020	0.021
12/09/2019	0.372
09/30/2019	0.015
06/28/2019	0.013
03/29/2019	0.038
12/10/2018	0.8838
09/28/2018	0.0291
06/29/2018	0.028
03/29/2018	0.045
12/11/2017	1.1
09/29/2017	0.048
06/30/2017	0.033
03/31/2017	0.025
12/13/2016	0.363
09/30/2016	0.045
06/30/2016	0.045
03/31/2016	0.05
12/10/2015	1.178
09/30/2015	0.02
06/30/2015	0.012
03/31/2015	0.022
12/08/2014	1.848
09/29/2014	0.008
06/27/2014	0.006
03/28/2014	0.009
12/06/2013	0.685
09/27/2013	0.017
06/27/2013	0.034
03/28/2013	0.088
12/05/2012	0.757
09/27/2012	0.063
06/28/2012	0.062
03/30/2012	0.059
12/13/2011	0.862
09/29/2011	0.076
06/29/2011	0.079
03/30/2011	0.058
12/20/2010	0.076
09/29/2010	0.078
06/29/2010	0.073
03/30/2010	0.084
12/16/2009	0.085
09/25/2009	0.084
06/26/2009	0.085
03/27/2009	0.122
11/24/2008	0.023
09/24/2008	0.063
06/25/2008	0.05

Dividend Growth History for MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX)

Year	Payout Amount	Year Start Yield	Annual Payout Growth (YoY)	CAGR to 2023
2023	$0.7179	4.18%	18.15%	-
2022	$0.6076	2.97%	-87.03%	18.15%
2021	$4.6861	20.48%	204.49%	-60.86%
2020	$1.539	8.33%	251.37%	-22.45%
2019	$0.438	2.85%	-55.57%	13.15%
2018	$0.9859	5.82%	-18.25%	-6.15%
2017	$1.206	7.36%	139.76%	-8.28%
2016	$0.503	3.37%	-59.17%	5.21%
2015	$1.232	7.44%	-34.15%	-6.53%
2014	$1.871	10.95%	127.06%	-10.10%
2013	$0.824	5.62%	-12.43%	-1.37%
2012	$0.941	6.58%	-12.47%	-2.43%
2011	$1.075	6.64%	245.66%	-3.31%
2010	$0.311	2.19%	-17.29%	6.65%
2009	$0.376	3.65%	176.47%	4.73%
2008	$0.136	0.91%	-	11.73%

Dividend Growth Chart for MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX)

MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) Historical Returns And Risk Info

From 02/29/2008 to 05/10/2024, the compound annualized total return (dividend reinvested) of MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) is 7.687%. Its cumulative total return (dividend reinvested) is 231.326%.

From 02/29/2008 to 05/10/2024, the Maximum Drawdown of MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) is 42.9%.

From 02/29/2008 to 05/10/2024, the Sharpe Ratio of MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) is 0.5.

From 02/29/2008 to 05/10/2024, the Annualized Standard Deviation of MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) is 13.8%.

From 02/29/2008 to 05/10/2024, the Beta of MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) is 1.23.

	Last 1 Week*	YTD*(2024)	1 Yr	3 Yr	5 Yr	10 Yr	15 Yr	Since 02/29/2008	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Annualized Return(%)	0.8	2.1	10.4	1.2	8.9	8.2	9.9	7.7	8.6	-12.4	9.8	34.7	21.9	-2.8	10.7	11.2	-1.4	7.3	25.1	9.0	-5.5	17.7	42.4	-31.9
Sharpe Ratio	NA	0.32	0.86	-0.1	0.51	0.57	NA	0.5	0.5	-0.86	0.78	1.59	2.08	-0.33	1.59	1.0	-0.14	0.72	2.88	0.95	-0.31	1.35	2.92	-1.38
Draw Down(%)	NA	2.8	8.1	18.7	25.7	25.7	NA	42.9	8.1	16.8	7.6	25.7	6.2	15.1	3.6	11.1	11.3	8.9	4.4	9.3	21.8	11.7	10.1	42.9
Standard Deviation(%)	NA	7.0	7.7	11.8	14.4	12.5	NA	13.8	8.8	16.1	12.6	21.6	9.9	12.3	6.4	10.9	10.0	10.1	8.7	9.5	17.5	13.0	14.5	27.0
Treynor Ratio	NA	0.0	0.0	0.0	0.0	0.05	NA	0.06	0.0	0.0	0.0	0.0	0.08	-0.03	0.09	0.08	-0.01	0.05	0.19	0.08	-0.04	0.18	0.38	-0.3
Alpha	NA	NA	NA	NA	NA	0.03	NA	0.01	NA	NA	NA	NA	0.06	0.01	0.01	0.01	0.0	0.02	0.0	-0.03	0.02	0.0	-0.01	0.02
Beta	NA	NA	NA	NA	NA	1.42	NA	1.23	NA	NA	NA	NA	2.72	1.59	1.17	1.41	1.35	1.39	1.29	1.19	1.32	0.99	1.1	1.23
RSquare	NA	0.0	0.0	0.0	0.0	0.27	NA	0.58	0.0	0.0	0.0	0.0	0.16	0.85	0.75	0.88	0.88	0.9	0.88	0.87	0.95	0.85	0.92	0.91
Yield(%)	N/A	0.1	4.0	8.5	9.1	7.9	10.0	N/A	4.2	2.9	20.5	8.3	2.9	5.8	7.3	3.3	7.4	11.0	5.6	6.6	6.7	2.2	3.5	0.9
Dividend Growth(%)	N/A	-97.2	7.7	106.6	36.7	N/A	N/A	N/A	20.0	-87.2	204.5	250.0	-55.1	-18.3	144.9	-60.2	-34.6	129.3	-12.8	-13.0	248.4	-13.9	176.9	N/A

Return Calculator for MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX)

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MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) Historical Return Chart

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MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) Rolling Returns Charts

A rolling return for a period such as 5-year, as of a specific date, represents the investment’s performance over the preceding five years leading up to that date. In the 5-year rolling chart, the value on any given date corresponds to the annualized return for the preceding 5 years up to that very date. Thus, for instance, the chart value on 8/28/2015 reflects the annualized return from 8/28/2010 to 8/28/2015. A 5-year rolling return chart for an investment (stock, fund or portfolio) depicts the return sequence of 5-year trailing returns for the dates in the chart.

These rolling returns contrast with the most recent 3, 5, 10, and 15-year returns, as they solely depict the returns for those respective periods leading up to the most recent date, without encompassing every date in the historical record.

Rolling return charts offer a more precise insight into a portfolio’s risk and return stability (including funds or individual stocks). This is particularly true when focusing on the minimal return points within a rolling return chart as a measure of a fund or a portfolio's risk. A well-known observation, often attributed to ‘Murphy’s law’, is that it tends to perform poorly when investors decide to follow an investment due to its recent strong returns. Sound familiar? Information regarding minimum rolling returns could help mitigate this predicament. Investors can opt for an investment showcasing high minimum rolling returns within their preferred holding durations. In fact, merely possessing knowledge of such minimum rolling period returns can anchor investors’ expectations.

For instance, let’s consider an investor who follows a model portfolio (or even simply purchases and holds a fund like VFINX or SPY) for 10 years. Armed with knowledge of this portfolio’s minimum 10-year rolling return since its inception date or the fund’s inception (in the case of VFINX, recognizing that the minimum 10-year rolling return since 1987 could be as low as -2.24%), the investor should reasonably anticipate the potential for the portfolio to incur losses over the forthcoming 10 years.

Minimum rolling return for a period such as 10-year offers a different and often better historical risk and return metric than other popular risk and return metrics such as Sharpe ratio, standard deviation (volatility) or maximum drawdown.

See Portfolio Calculator and Rolling Returns for more detailed description.

From 02/29/2008 to 05/10/2024, the worst annualized return of 3-year rolling returns for MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) is 0.51%.

From 02/29/2008 to 05/10/2024, the worst annualized return of 5-year rolling returns for MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) is 4.79%.

From 02/29/2008 to 05/10/2024, the worst annualized return of 10-year rolling returns for MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) is 7.53%.

From 02/29/2008 to 05/10/2024, the worst annualized return of 20-year rolling returns for MAINSTAY CONVERTIBLE FUND INVESTOR CLASS (MCINX) is NA.

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