Miller Convertible Bond Fund I (MCIFX)
13.08
-0.01
(-0.08%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.02% | 488.12M | -- | 73.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -175.34M | 4.31% | Upgrade | Upgrade |
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 |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| 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:
99
-63.64M
Peer Group Low
365.18M
Peer Group High
1 Year
% Rank:
99
-175.34M
-175.34M
Peer Group Low
783.27M
Peer Group High
3 Months
% Rank:
99
-84.12M
Peer Group Low
758.43M
Peer Group High
3 Years
% Rank:
67
-1.083B
Peer Group Low
1.031B
Peer Group High
6 Months
% Rank:
99
-139.28M
Peer Group Low
1.008B
Peer Group High
5 Years
% Rank:
34
-2.621B
Peer Group Low
2.038B
Peer Group High
YTD
% Rank:
98
-275.06M
Peer Group Low
690.46M
Peer Group High
10 Years
% Rank:
34
-2.441B
Peer Group Low
2.732B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 06, 2025.
Asset Allocation
As of July 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.33% |
| Stock | 0.00% |
| Bond | 99.48% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.19% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Nomura America Finance, LLC NOMUAME 02/24/2027 RNG USD Corporate | 3.11% | -- | -- |
| Vishay Intertechnology, Inc. VSH 2.25 09/15/2030 FIX USD Corporate 144A | 3.02% | 90.51 | 0.27% |
| Amphastar Pharmaceuticals, Inc. AMPHPHA 2.0 03/15/2029 FIX USD Corporate | 2.98% | 91.62 | -0.27% |
| ON Semiconductor Corporation ONNN 0.5 03/01/2029 FIX USD Corporate | 2.96% | 94.23 | -0.06% |
| BioMarin Pharmaceutical Inc. BIOMRN 1.25 05/15/2027 FIX USD Corporate 144A | 2.94% | 96.02 | 0.24% |
| Winnebago Industries, Inc. WINNIND 3.25 01/15/2030 FIX USD Corporate 144A | 2.88% | 91.11 | 0.01% |
| LYFT, INC. LYFTINC 0.625 03/01/2029 FIX USD Corporate | 2.84% | 133.04 | 1.20% |
| Meritage Homes Corporation MRHMC 1.75 05/15/2028 FIX USD Corporate 144A | 2.82% | -- | -- |
| JPMORGAN CHASE FINANCIAL COMPANY LLC JPMOCHBK 04/26/2028 FLT USD Corporate | 2.79% | -- | -- |
| LIVANOVA PLC LIVAPLC 2.5 03/15/2029 FIX USD Corporate 144A | 2.77% | 117.81 | -0.42% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.75% |
| Administration Fee | 233.4K% |
| Maximum Front Load | -- |
| 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 | 1.00M None |
| Minimum Subsequent Investment | 100.00 None |
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 |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| 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 (12-4-25) | 4.10% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 91 |
| Bond | |
| Yield to Maturity (7-31-25) | 0.99% |
| Effective Duration | -- |
| Average Coupon | 2.03% |
| Calculated Average Quality | 3.592 |
| Effective Maturity | 2.704 |
| Nominal Maturity | 2.704 |
| Number of Bond Holdings | 89 |
As of July 31, 2025
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:MCIFX", "name") |
| Broad Asset Class: =YCI("M:MCIFX", "broad_asset_class") |
| Broad Category: =YCI("M:MCIFX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MCIFX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |