MCVTMiller Convertible Growth ETF

Grow my money Get incomeRanked #1,478 of 1,641 in this goal

Maximizes total return comprising current income and capital appreciation, consistent with preservation of capital.

Annual Cost

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#5,606 of 5,606 · expensive

Fund Size

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#5,606 of 5,606 · small

Return (1Y)Goal

+16.6%

Track Record

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#5,606 of 5,606 · young

Performance

Total-return NAV · USD

Growth of $10,000

$11,595+16.0%

Total-return NAV, USD. Net of fund fees, before tax.

How Beacon categorizes this fund

Asset class

Region

Strategy

Active selection

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

44.9%High

Year-on-year price swings

Max drawdown

-70.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.25Below average

Sortino (3Y)

0.39Moderate downside risk

Objective: Maximizes total return comprising current income and capital appreciation, consistent with preservation of capital.
Strategy: Actively managed ETF investing primarily in convertible bonds to maximize total return through current income and capital appreciation while preserving principal. Focuses on U.S. companies with strong growth characteristics, minimizing volatility using strategies like investing in bonds with put provisions and short maturities. Generally invests at least 80% of assets in convertible bonds, including synthetic convertibles. May also invest in other securities, including equities and short-term debt.