About NCBIX
New Covenant Balanced Income Fund is a U.S. mutual fund designed to provide investors with a blend of current income and long-term capital growth. It achieves this by primarily allocating its assets in shares of two underlying funds: approximately 65% in corporate and government bonds via the New Covenant Income Fund, and around 35% in common stocks and other equity securities through the New Covenant Growth Fund. This balanced approach positions the fund within a Moderately Conservative Allocation category, offering exposure to both fixed income and equity markets while managing risk through diversification.
A distinctive feature of the New Covenant Balanced Income Fund is its adherence to socially responsible investment criteria, aligned with the social-witness principles of the Presbyterian Church (U.S.A.). The fund excludes companies involved in industries such as military contracting, tobacco, alcohol, and gambling, and may favor those with strong environmental, social, and governance (ESG) credentials. Managed by SEI Investments Management Corporation and a network of specialized sub-advisers, the fund’s role in the market is to provide a values-based, diversified investment option for individuals and institutions seeking a mix of income generation and growth potential, with a thematic commitment to ethical investing.
Fund Family New Covenant
Category Allocation--30% to 50% Equity
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol NCBIX
Index Russell 1000 TR USD
NCBIX had a total return of 8.34% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.32%.
