MCOAX Performance — NYLI MacKay Convertible Fund, Class A
Data updated: 2026-09-23
MCOAX returned +17.85% year to date and +26.11% over one year to Jul 2026. Annualised returns are +13.84% over 3 years and +7.83% over 5 years. The fund beat its Preferred & Convertible category average: $100 invested three years ago grew to $148, against $146 for the category, and to $126 over one year, against $120. Volatility over the past three years was 9.85% a year. In the 12 months to Jul 2026 the fund took in a net $26.7M, and assets reached $1.86B.
MCOAX 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 | MCOAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $126 | $120 |
| 3 years (Aug 2023 – Jul 2026) | $148 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $146 | $132 |
| Since data start (Aug 2019 – Jul 2026) | $215 | $198 |
MCOAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +17.85% |
| 1 year | +26.11% |
| 3 years (annualised) | +13.84% |
| 5 years (annualised) | +7.83% |
MCOAX 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) | +17.85% |
| 2025 | +15.43% |
| 2024 | +8.08% |
| 2023 | +8.89% |
| 2022 | −12.28% |
| 2021 | +9.87% |
| 2020 | +34.98% |
| 2019 (Aug–Dec) | +3.33% |
MCOAX 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% | +2.9% | −3.0% | +9.7% | +4.3% | +2.0% | −2.8% | — | — | — | — | — |
| 2025 | +2.7% | −1.8% | −2.7% | +0.5% | +3.8% | +3.5% | +1.7% | +1.7% | +1.8% | +1.9% | +0.6% | +0.9% |
| 2024 | −0.9% | +1.4% | +1.5% | −2.1% | +1.8% | +1.3% | +1.5% | +2.5% | +1.1% | −0.8% | +4.2% | −3.4% |
| 2023 | +3.9% | −1.7% | −0.1% | −1.4% | −0.2% | +5.5% | +2.4% | −1.9% | −2.3% | −3.6% | +4.6% | +3.9% |
| 2022 | −5.0% | −0.1% | +2.1% | −5.3% | −0.3% | −8.0% | +6.0% | +0.8% | −6.4% | +5.9% | +1.7% | −3.4% |
| 2021 | +1.3% | +4.2% | −2.4% | +2.6% | −0.8% | +2.2% | −1.3% | +2.0% | −0.8% | +3.0% | −2.1% | +1.7% |
| 2020 | +1.0% | −3.0% | −12.0% | +10.5% | +7.4% | +3.7% | +6.0% | +3.9% | −2.3% | +0.4% | +10.8% | +6.4% |
| 2019 | — | — | — | — | — | — | — | −2.4% | −1.2% | +2.1% | +2.4% | +2.5% |
MCOAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 9.85%
- 3-year Sharpe ratio: 0.95 (vs 4.5% risk-free rate)
- Best month: +9.69% (Apr 2026)
- Worst month: −3.64% (Oct 2023)
MCOAX 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 |
MCOAX 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.