About SCJIX
The Steward Covered Call Income Fund Institutional Class is a derivative income mutual fund designed to provide investors with a steady stream of dividend income and options premium income, while also aiming for potential capital appreciation. Utilizing a covered call strategy, the fund invests primarily in large-cap, dividend-paying U.S. equities and sells call options on these holdings to generate additional premium income and reduce portfolio volatility relative to the broader equity market. The fund’s portfolio is diversified across key sectors such as information technology, financials, consumer discretionary, and healthcare, with top holdings including major companies like NVIDIA, Apple, Microsoft, and Amazon. Managed by Crossmark Global Investments, the fund emphasizes risk management and seeks to deliver a balance between income generation and reduced volatility, making it a significant option for investors seeking regular income within the U.S. stock market context. Additionally, the fund incorporates values-based screening policies, excluding certain issuers to align with the Steward Funds’ ethical guidelines, thereby impacting its investment universe and strategy.
Fund Family Crossmark Steward Funds
Category Derivative Income
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol SCJIX
Share Class Institutional Class
Index S&P 500 TR
SCJIX had a total return of 8.08% in the past year, including dividends. Since the fund's
inception, the average annual return has been 22.32%.
