Convertibles · Wellesley Asset Management, Inc. · NYSE
ConvertiblesETF
Miller Convertible Total Return ETF (MCVT) is an exchange-traded fund in the Convertibles category. It has $25.97M in assets and an expense ratio of 0.85%. The fund seeks to invest in convertible bonds of issuers that have strong growth characteristics, as determined by Wellesley Asset Management, Inc. (“Wellesley”), the investment advisor to the fund. Under normal conditions, it invests at least 80% of its assets in convertible bonds.