MCPAX — Miller Convertible Plus Fund
Data updated: 2024-06-07
MCPAX — Miller Convertible Plus Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Short Preferred / Convertible Bond · $42.02M AUM · 3.73% expense ratio. From SEC regulatory filings.
MCPAX Fund Overview
MCPAX — Miller Convertible Plus Fund is a US mutual fund managed by Miller Investment Trust, categorised as Short Preferred / Convertible Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Miller Investment Trust
- Category: Short Preferred / Convertible Bond
- Assets under management: $42.02M
- Ticker: MCPAX
- SEC CIK: 0001414039
- SEC series ID: S000046812
- Share class ID: C000146252
MCPAX Holdings
Top 10 holdings of Miller Convertible Plus Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Lantheus Holdings Inc | 3.36% |
| UBS AG, London Branch | 3.30% |
| Fluor Corporation | 3.24% |
| The Greenbrier Companies, Inc. | 3.21% |
| LivaNova PLC | 3.15% |
| Uber Technologies Inc | 3.11% |
| Insulet Corporation | 3.07% |
| Itron, Inc. | 3.03% |
| DexCom Inc | 3.02% |
| Akamai Technologies, Inc. | 3.02% |
MCPAX Portfolio Allocation
Asset-class allocation of Miller Convertible Plus Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.0% |
| Cash & Equivalents | 1.7% |
MCPAX Performance
Total returns for MCPAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 5.6% |
| 3 years (annualised) | -3.7% |
MCPAX Risk Information
Risk metrics for MCPAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.6%
MCPAX Costs and Fees
MCPAX costs about $373 per $10,000 invested per year in fund expenses.
- Net expense ratio: 3.73%
- Gross expense ratio: 4.87%
- Portfolio turnover: 122%
- Brokerage commissions: 0.02 bps of average net assets (SEC N-CEN)
MCPAX Cashflows
Over the 12 months to 2024-04, Miller Convertible Plus Fund had net inflows of $15.93M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-04 | −$11.87M |
| 2024-03 | −$254.46K |
| 2024-02 | −$1.48M |
| 2024-01 | $1.60M |
| 2023-12 | $4.00M |
| 2023-11 | $10.99M |
MCPAX Debt Constituents
Largest debt holdings of Miller Convertible Plus Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Lantheus Holdings Inc | 3.36% |
| UBS AG, London Branch | 3.30% |
| Fluor Corporation | 3.24% |
| The Greenbrier Companies, Inc. | 3.21% |
| LivaNova PLC | 3.15% |
| Uber Technologies Inc | 3.11% |
| Insulet Corporation | 3.07% |
| Itron, Inc. | 3.03% |
| DexCom Inc | 3.02% |
| Akamai Technologies, Inc. | 3.02% |
MCPAX Prospectus and SEC Filings
Official Miller Convertible Plus Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Short Preferred / Convertible Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.