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Portfolio (Quarterly) Guide ↗

MACKAY SHIELDS LLC

· CIK 0000061227
13F Portfolio $2.9B AUM 340 positions Filed Jan 29, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 10 New 7 Added 91 Reduced 14 Exited
Page 6 of 7  ·  132 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 DROPBOX INC 5,630,000.0 $5.6M 0.20% -83K -1.4% $0.99
102 VAIL RESORTS INC 5,408,000.0 $5.4M 0.19% -351K -6.1% $1.00
103 BLACKROCK MUN INCOME QUALITY 479,613.0 $5.2M 0.18% $10.94
104 NUTANIX INC 4,534,000.0 $5.1M 0.18% -36.1M -88.8% $1.12
105 BENTLEY SYS INC 4,346,000.0 $4.3M 0.15% -315K -6.8% $1.00
106 INTEGER HLDGS CORP 3,726,000.0 $4.2M 0.15% -235K -5.9% $1.13
107 OIL STS INTL INC 4,136,000.0 $4.2M 0.14% -17.2M -80.6% $1.00
108 VFL ABRDN NATL MUN INCOME FD Financial Services 401,695.0 $4.1M 0.14% $10.27 -2.0%
109 NZF NUVEEN MUNICIPAL CREDIT INC Financial Services 324,502.0 $4.1M 0.14% -1.1M -76.9% $12.58 -2.0%
110 MQY BLACKROCK MUNIYILD QULT FD I Financial Services 357,837.0 $4.0M 0.14% $11.30 -1.2%
111 BLACKROCK MUNI INCOME TR II 363,951.0 $3.8M 0.13% $10.44
112 IONIS PHARMACEUTICALS INC 2,768,000.0 $3.8M 0.13% -48K -1.7% $1.37
113 VGM INVESCO TR INVT GRADE MUNS Financial Services 308,543.0 $3.2M 0.11% -62K -16.6% $10.37 -3.0%
114 VKQ INVESCO MUNICIPAL TRUST Financial Services 325,107.0 $3.1M 0.11% $9.65 -0.7%
115 EIM EATON VANCE MUN BD FD Financial Services 318,814.0 $3.1M 0.11% $9.73 -0.2%
116 NUVEEN PENNSYLVANIA QLT MUN 229,220.0 $2.7M 0.10% -4K -1.8% $11.89
117 BLACKROCK N Y MUN INCOME TRU 218,559.0 $2.2M 0.08% $10.14
118 VMO INVESCO MUN OPPORTUNITY TR Financial Services 205,338.0 $2.0M 0.07% -102K -33.3% $9.57 -0.3%
119 MFM MFS MUN INCOME TR Financial Services 339,657.0 $1.8M 0.07% -93K -21.6% $5.43 -1.8%
120 CWB SPDR SERIES TRUST 13,633.0 $1.2M 0.04% NEW $89.20 +18.4%
Page 6 of 7  ·  132 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 75.3%
Energy 21.8%
Communication Services 2.6%
Consumer Defensive 0.3%