MCNVX Performance — NYLI MacKay Convertible Fund, Class I
Data updated: 2026-09-23
MCNVX returned +18.01% year to date and +26.51% over one year to Jul 2026. Annualised returns are +14.19% over 3 years and +8.17% over 5 years. The fund beat its Preferred & Convertible category average: $100 invested three years ago grew to $149, against $146 for the category, and to $127 over one year, against $120. Volatility over the past three years was 9.84% a year. In the 12 months to Jul 2026 the fund took in a net $26.7M, and assets reached $1.86B.
MCNVX Growth of $100
What $100 invested in NYLI MacKay Convertible Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Preferred & Convertible category average over the same months.
| Period | MCNVX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $127 | $120 |
| 3 years (Aug 2023 – Jul 2026) | $149 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $148 | $132 |
| Since data start (Aug 2019 – Jul 2026) | $220 | $198 |
MCNVX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +18.01% |
| 1 year | +26.51% |
| 3 years (annualised) | +14.19% |
| 5 years (annualised) | +8.17% |
MCNVX Annual Returns
Calendar-year total returns of NYLI MacKay Convertible Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +18.01% |
| 2025 | +15.81% |
| 2024 | +8.46% |
| 2023 | +9.20% |
| 2022 | −11.94% |
| 2021 | +10.20% |
| 2020 | +35.45% |
| 2019 (Aug–Dec) | +3.54% |
MCNVX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.1% | +3.0% | −3.0% | +9.8% | +4.2% | +2.0% | −2.8% | — | — | — | — | — |
| 2025 | +2.7% | −1.7% | −2.7% | +0.6% | +3.8% | +3.6% | +1.7% | +1.7% | +1.8% | +1.9% | +0.7% | +1.0% |
| 2024 | −0.9% | +1.4% | +1.6% | −2.0% | +1.8% | +1.3% | +1.5% | +2.5% | +1.1% | −0.8% | +4.1% | −3.3% |
| 2023 | +3.9% | −1.7% | 0.0% | −1.4% | −0.2% | +5.5% | +2.5% | −1.9% | −2.3% | −3.6% | +4.6% | +4.0% |
| 2022 | −4.9% | −0.1% | +2.1% | −5.2% | −0.3% | −8.0% | +6.1% | +0.9% | −6.4% | +6.0% | +1.7% | −3.3% |
| 2021 | +1.3% | +4.3% | −2.4% | +2.7% | −0.8% | +2.2% | −1.2% | +2.0% | −0.7% | +3.0% | −2.0% | +1.7% |
| 2020 | +1.0% | −3.0% | −12.0% | +10.5% | +7.4% | +3.8% | +6.0% | +3.9% | −2.4% | +0.5% | +10.8% | +6.4% |
| 2019 | — | — | — | — | — | — | — | −2.4% | −1.2% | +2.2% | +2.4% | +2.6% |
MCNVX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 9.84%
- 3-year Sharpe ratio: 0.98 (vs 4.5% risk-free rate)
- Best month: +9.76% (Apr 2026)
- Worst month: −3.63% (Oct 2023)
MCNVX Fund Flows
Monthly money in and out of NYLI MacKay Convertible Fund, from SEC Form N-PORT.
- 12-month net flow: $26.7M
- 12-month gross sales (incl. reinvestments): $411.2M
- Sales ÷ redemptions: 1.07×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $31.0M | $21.9M | $9.1M |
| Jun 2026 | $33.1M | $31.4M | $1.7M |
| May 2026 | $25.9M | $32.6M | −$6.7M |
| Apr 2026 | $28.7M | $24.8M | $3.9M |
| Mar 2026 | $31.4M | $27.8M | $3.6M |
| Feb 2026 | $19.8M | $21.4M | −$1.7M |
| Jan 2026 | $28.5M | $26.4M | $2.0M |
| Dec 2025 | $126.1M | $43.1M | $83.0M |
| Nov 2025 | $14.1M | $19.8M | −$5.7M |
| Oct 2025 | $22.2M | $91.5M | −$69.3M |
| Sep 2025 | $23.8M | $22.1M | $1.7M |
| Aug 2025 | $26.7M | $21.7M | $5.1M |
MCNVX Assets Under Management
Net assets of NYLI MacKay Convertible Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.86B |
| 2026-04-30 | $1.80B |
| 2026-01-31 | $1.64B |
| 2025-10-31 | $1.59B |
| 2025-07-31 | $1.57B |
| 2025-04-30 | $1.46B |
| 2025-01-31 | $1.58B |
| 2024-10-31 | $1.55B |
| 2024-07-31 | $1.55B |
| 2024-04-30 | $1.55B |
| 2024-01-31 | $1.56B |
| 2023-10-31 | $1.52B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.