Miller Convertible Bond Fund A (MCFAX)
13.89
+0.02
(+0.14%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.54% | 387.65M | -- | 114.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -255.47M | 13.42% |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return while keeping volatility low and preserving principal. The Fund seeks to maximize total return by investing in convertible securities which often provide interest income, as well as capital appreciation if the value of converting to the underlying equity increases over time. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Convertibles US |
| Peer Group | Convertible Securities Funds |
| Global Macro | Bond Other |
| US Macro | Mixed-Assets Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Convertible Securities Funds |
| Fund Owner Firm Name | Miller Family of Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
60
-283.52M
Peer Group Low
168.98M
Peer Group High
1 Year
% Rank:
94
-255.47M
-295.37M
Peer Group Low
3.393B
Peer Group High
3 Months
% Rank:
69
-183.74M
Peer Group Low
1.104B
Peer Group High
3 Years
% Rank:
87
-882.96M
Peer Group Low
4.388B
Peer Group High
6 Months
% Rank:
94
-171.20M
Peer Group Low
1.688B
Peer Group High
5 Years
% Rank:
46
-2.602B
Peer Group Low
4.383B
Peer Group High
YTD
% Rank:
94
-191.23M
Peer Group Low
2.504B
Peer Group High
10 Years
% Rank:
61
-2.595B
Peer Group Low
5.542B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of April 30, 2026.
| Type | % Net |
|---|---|
| Cash | -5.71% |
| Stock | 0.00% |
| Bond | 99.29% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 6.42% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
OTHER ASSETS LESS LIABILITIES
|
6.42% | -- | -- |
|
AVNET INC 1.75% 01-SEP-2030
|
3.47% | -- | -- |
| Vishay Intertechnology, Inc. VSH 2.25 09/15/2030 FIX USD Corporate 144A | 3.23% | 130.50 | -0.02% |
| Euronet Worldwide, Inc. EURSER 0.625 10/01/2030 FIX USD Corporate 144A | 3.00% | 89.79 | 0.29% |
| Nomura America Finance, LLC NOMUAME 02/24/2027 RNG USD Corporate | 2.99% | -- | -0.24% |
| AKAMAI TECHNOLOGIES, INC. AKAM 1.125 02/15/2029 FIX USD Corporate 144A | 2.96% | 111.02 | -0.86% |
| Winnebago Industries, Inc. WINNIND 3.25 01/15/2030 FIX USD Corporate 144A | 2.86% | 93.69 | -0.07% |
| CITIGROUP GLOBAL MARKETS HOLDINGS INC. C-G 02/03/2027 RNG USD Corporate | 2.86% | -- | 0.31% |
| GS Finance Corp. GSFI 01/07/2028 RNG USD Corporate | 2.85% | -- | -0.02% |
| Bank of Montreal BMO 01/26/2029 RNG USD Corporate | 2.80% | -- | -0.75% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.50% |
| Actual Management Fee | 0.75% |
| Administration Fee | 15383.00 None |
| Maximum Front Load | 3.75% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 100.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return while keeping volatility low and preserving principal. The Fund seeks to maximize total return by investing in convertible securities which often provide interest income, as well as capital appreciation if the value of converting to the underlying equity increases over time. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Convertibles US |
| Peer Group | Convertible Securities Funds |
| Global Macro | Bond Other |
| US Macro | Mixed-Assets Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Convertible Securities Funds |
| Fund Owner Firm Name | Miller Family of Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-25-26) | 4.47% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 52 |
| Bond | |
| Yield to Maturity (4-30-26) | -0.07% |
| Effective Duration | -- |
| Average Coupon | 1.63% |
| Calculated Average Quality | 3.214 |
| Effective Maturity | 3.000 |
| Nominal Maturity | 3.000 |
| Number of Bond Holdings | 47 |
As of April 30, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MCFAX", "name") |
| Broad Asset Class: =YCI("M:MCFAX", "broad_asset_class") |
| Broad Category: =YCI("M:MCFAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MCFAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |