AMEX · Asset Management

Miller Convertible Total Return ETF (MCVT) Stock

$28.96 +0.58% AMEX: MCVT Financial Services

An actively managed ETF that seeks to maximize total return, comprising current income and capital appreciation, by investing in a diversified portfolio of U.S. convertible bonds and synthetic instruments.

Valuation

MetricValue
Price$28.96
Market Cap$13.03M
P/E Ratio-4.39
P/B Ratio0.08
P/S Ratio3.26
EPS (TTM)$-6.59
52-Week High$28.96
52-Week Low$24.41
Dividend Yield0.10%

Financials & Margins

MetricValue
ROE-156.47%
ROA-140.00%
ROCE-149.15%
Gross Margin—
Operating Margin-6600.00%
Net Margin-6650.00%
Debt/Equity0.00
Current Ratio2.31

Annual Financials (USD)

Metric20092010201120242025
Revenue—$0—$3.0M$4.0M
Operating Profit—$0$0$2.0M$-264.0M
Net Profit$0$0$0$1.0M$-266.0M
EPS—$-0.01$-0.01$0.18$-6.59
Op Margin—-4647.0%—48.0%-6773.0%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$17.0M$19.0M$19.0M$20.0M$190.0M
Total Liabilities$3.0M$1.0M$1.0M$1.0M$21.0M
Cash$2.0M$1.0M$0$6.0M$6.0M
Borrowings—————

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-2.0M$-5.0M$-1.0M$6.0M$-8.0M
Investing Cash Flow———$0$-195.0M
Financing Cash Flow$-2.0M$4.0M$0$0$220.0M
Net Cash Flow$-4.0M$-1.0M$-1.0M$6.0M$16.0M
Free Cash Flow$-2.0M$-5.0M$-1.0M$6.0M$-8.0M

Valuation & Return Ratios

MetricValue
PEG Ratio—
EV / EBITDA—
FCF Yield-61.39%
Quick Ratio2.31
Interest Coverage—
Return 1Y—
Return 3Y—
Return 5Y—

Ownership

Institutional HolderSharesReport Date
Royal Bank of Canada26,6452026-03-31
Intellectus Partners, LLC10,6572026-06-30
Jane Street Group, LLC9,2962026-03-31
UBS Group AG32026-03-31

About Miller Convertible Total Return ETF

An actively managed ETF that seeks to maximize total return, comprising current income and capital appreciation, by investing in a diversified portfolio of U.S. convertible bonds and synthetic instruments.

Miller Convertible Total Return ETF is headquartered in US.

Miller Convertible Total Return ETF (MCVT) stock trades at $28.96 with a market capitalization of $13.03M. The stock is valued at a negative price-to-earnings (P/E) ratio of -4.39, reflecting a net loss over the last twelve months, price-to-book of 0.08, price-to-sales of 3.26. Over the past 52 weeks the stock has ranged between $24.41 and $28.96, and currently trades at or near its 52-week high. It pays a dividend yielding 0.10%.

On profitability, Miller Convertible Total Return ETF generates a return on equity (ROE) of -156.47% (negative, reflecting a net loss), return on capital employed of -149.15%, an operating margin of -6600.00%, a net profit margin of -6650.00%.

Official website: www.wellesleyassetmanagement.com

Miller Convertible Total Return ETF by the numbers, 2006–2025

Compounded, revenue has grown —% a year over five years, —% over three, 33.3% over the last twelve months. Net profit was $-266.0M in 2025.

The most recent net margin is -6650.00%. On a trailing twelve-month basis to Jun '26, revenue is — and net profit $-356.0M.

Cash on hand is $5.0M, cash from operations was $-8.0M in the latest year, positive in 1 of the last 8.

Return on equity has averaged -278.9% over five years, and was -1400.0% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Miller Convertible Total Return ETF (MCVT) — frequently asked questions

What is Miller Convertible Total Return ETF (MCVT) stock price today?

Miller Convertible Total Return ETF (MCVT) is currently trading at $28.96, up 0.58% today.

What is MCVT P/E ratio?

Miller Convertible Total Return ETF's P/E ratio is -4.39. A negative P/E means the company reported a net loss over the last twelve months, so P/E is not a meaningful valuation measure for it right now.

What is MCVT return on equity (ROE)?

Miller Convertible Total Return ETF's return on equity (ROE) is -156.47%. ROE measures net income relative to shareholders' equity. A negative ROE means the company reported a net loss over the period.

What is Miller Convertible Total Return ETF's market cap?

Miller Convertible Total Return ETF has a market capitalization of $13.03M.

Does MCVT pay a dividend?

Yes. Miller Convertible Total Return ETF currently yields 0.10%. Yield moves with the share price, so it changes daily even when the payment does not.

How much debt does MCVT carry?

Miller Convertible Total Return ETF has a debt-to-equity ratio of 0.00. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is MCVT's profit margin?

Miller Convertible Total Return ETF reports a net profit margin of -6650.00% — the share of revenue left after every cost, including tax and interest.

What sector is MCVT in?

Miller Convertible Total Return ETF is classified under Financial Services, in the Asset Management industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is MCVT listed on?

Miller Convertible Total Return ETF trades on AMEX under the ticker MCVT.

What is MCVT's 52-week range?

Over the last year Miller Convertible Total Return ETF has traded between $24.41 and $28.96.

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Screens MCVT currently matches

On the figures above, Miller Convertible Total Return ETF passes the filters for 2 of our ready-made screens, among them Debt Free Stocks Under $100, Nano Cap Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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