# MCVT (Miller Convertible Total Return ETF)

Miller Investment · Bond ETFs · Convertibles · data as of Oct 20, 2026

MCVT returned +7.5% from Mar 25, 2026 to Oct 20, 2026, charges 0.85% a year and holds $14m in net assets on Jul 31, 2026.

MCVT is actively managed and returned +7.5% since it first traded on Mar 25, 2026.

## Key facts

- MCVT, total return, since launch, Mar 25, 2026: +7.5%, as of Oct 20, 2026.
- MCVT, expense ratio: 0.85%, as of Jan 30, 2026.
- MCVT, holdings: 42, as of Jul 31, 2026.
- MCVT, below its high: −7.2%, as of Oct 20, 2026.
- MCVT, last payment, ex-date Sep 15, 2026: $0.0236, as of Sep 15, 2026.
- MCVT, net assets: $14m (SEC filing, whole fund, as filed for Jul 31, 2026).

## MCVT over each window to Oct 20, 2026

| Window | Total return |
| --- | --- |
| 1 month | −1.8% |
| 3 months | −4.6% |
| 6 months | +1.7% |
| Since launch | +7.5% |

## MCVT key stats

- 52-week high, daily closes to Oct 20, 2026: $28.96 on Aug 13, 2026 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Oct 20, 2026: $24.42 on Mar 30, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 20, 2026, within that range: $26.86, 54% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)
- Holdings: 42
- Top ten weight: 30.8%

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Bond fund | ETFIQ |
| Category | Bonds · Convertibles | ETFIQ |
| Expense ratio | 0.85% | 485BPOS XBRL, Jan 30, 2026 |
| Price | $26.86 | ETFIQ |
| First traded | Mar 25, 2026 | ETFIQ |
| Net assets | $14m | SEC filing, whole fund, as filed for Jul 31, 2026 |
| Benchmark | Its own holdings, as of Jul 31, 2026; its shareholder report compares it with the Bloomberg U.S. Aggregate Bond Index, but its daily returns fit AGG's at R-squared 0.283 over the year to Oct 20, 2026 (144 days), under the 0.35 it needs to return to it | ETFIQ, from its filings |
| Below its high | −7.2% | ETFIQ |
| Holdings | 42 | ETFIQ |
| Top ten weight | 30.8% | ETFIQ |
| Holdings as of | Jul 31, 2026 | SEC N-PORT |

## Money in and out, to Jul 31, 2026

Monthly figures only. Jul 2026: +$706k, from SEC Form N-PORT.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/mcvt.json>. Method: https://etfiq.com/methodology/flows

## Questions

### What does MCVT cost?

The prospectus expense ratio is 0.85% a year.

### How far is MCVT below its high?

7.2% below its high of Aug 13, 2026, measured on the reinvested series to Oct 20, 2026.


## Cite this page

ETFIQ, MCVT, bond fund, data as of Oct 20, 2026. https://etfiq.com/funds/mcvt
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/mcvt  ·  JSON: https://etfiq.com/funds/mcvt.json