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Company Details

MainStay MacKay Convertible Fund Class B

MCSVX - NASDAQ

Identifiants & Marche

Ticker MCSVX
ISIN US56062F3010
CIK 0000787441
Bourse NASDAQ
Devise USD

Classification

Industrie Asset Management

Entreprise

Pays US
Siege N/A
Fondee N/A
Site Web N/A

Description

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.