Rhea-AI Summary
Wellesley Asset Management (MCVT) launched the Miller Convertible Total Return ETF on March 25, 2026, an actively managed ETF seeking total return through convertible securities.
The fund targets current income plus capital appreciation with an emphasis on capital preservation, offering liquid, transparent access to the convertible asset class.
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Rhea-AI Summary
Wellesley Asset Management (MCVT) launched the Miller Convertible Total Return ETF on March 25, 2026, an actively managed ETF focused on convertible securities.
The fund seeks to maximize total return—current income plus capital appreciation—while emphasizing capital preservation, and is described as liquid, transparent, and cost-efficient.
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FAQ
What is the current stock price of Miller Convertible Total Return ETF (MCVT)?
Miller Convertible Total Return ETF (MCVT) last closed at $27.2047.