New Covenant Balanced Growth Fund (NCBGX)
The investment seeks to produce capital appreciation with less risk than would be present in a portfolio of only common stocks. The fund invests primarily in shares of the New Covenant Growth Fund (the "growth fund") and the New Covenant Income Fund (the "income fund"), with a majority of its assets generally invested in shares of the growth fund. Between 45% and 75% of the fund's net assets (with a "neutral" position of approximately 60% of the fund's net assets) are invested in shares of the growth fund, with the balance of its net assets invested in shares of the income fund or cash or cash equivalents.
Fund Info
US6436423098
643642309
Jun 30, 1999
$500
Large-Cap
Blend
Expense Ratio
NCBGX has an expense ratio of 0.13%, which is considered low compared to other funds.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in New Covenant Balanced Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
New Covenant Balanced Growth Fund had a return of 2.85% year-to-date (YTD) and 8.36% in the last 12 months. Over the past 10 years, New Covenant Balanced Growth Fund had an annualized return of 3.47%, while the S&P 500 had an annualized return of 11.29%, indicating that New Covenant Balanced Growth Fund did not perform as well as the benchmark.
NCBGX
2.85%
1.52%
-0.25%
8.36%
4.38%
3.47%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of NCBGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.03% | 2.85% | |||||||||||
| 2024 | 0.76% | 2.46% | 2.21% | -3.45% | 3.39% | 2.25% | 1.97% | 1.65% | 1.67% | -1.47% | 4.26% | -7.74% | 7.58% |
| 2023 | 5.19% | -2.28% | 2.35% | 0.82% | -0.09% | 3.87% | 2.28% | -1.43% | -3.89% | -1.87% | 6.96% | 3.42% | 15.78% |
| 2022 | -4.03% | -2.12% | 0.88% | -6.41% | 0.20% | -5.63% | 6.43% | -3.12% | -6.94% | 4.48% | 4.36% | -6.80% | -18.22% |
| 2021 | -0.26% | 1.37% | 1.93% | 3.30% | 0.35% | 1.45% | 1.24% | 1.62% | -2.97% | 3.83% | -0.81% | -0.69% | 10.65% |
| 2020 | 0.29% | -4.50% | -8.38% | 8.78% | 3.39% | 1.84% | 3.59% | 4.44% | -2.30% | -1.29% | 7.25% | -1.99% | 10.25% |
| 2019 | 5.65% | 1.90% | 1.30% | 2.40% | -3.68% | 4.53% | 1.02% | -0.60% | 0.91% | 1.45% | 2.23% | -2.04% | 15.75% |
| 2018 | 3.18% | -2.84% | -1.21% | 0.45% | 1.36% | 0.59% | 1.84% | 1.86% | 0.00% | -4.81% | 1.79% | -9.50% | -7.73% |
| 2017 | 1.42% | 2.16% | 0.06% | 0.95% | 0.91% | 0.49% | 1.37% | 0.22% | 1.34% | 1.27% | 1.78% | 0.04% | 12.67% |
| 2016 | -3.24% | -0.06% | 3.85% | 0.60% | 0.84% | -0.26% | 2.75% | 0.44% | 0.34% | -1.46% | 1.37% | -1.72% | 3.31% |
| 2015 | -1.70% | 3.89% | -0.45% | 0.74% | 0.41% | -1.48% | 1.08% | -3.75% | -2.36% | 4.56% | 0.16% | -10.46% | -9.76% |
| 2014 | -2.07% | 3.37% | -0.23% | -0.09% | 1.74% | 1.70% | -0.82% | 2.61% | -1.21% | 1.58% | 1.42% | -2.21% | 5.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NCBGX is 39, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for New Covenant Balanced Growth Fund (NCBGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
New Covenant Balanced Growth Fund provided a 1.51% dividend yield over the last twelve months, with an annual payout of $1.88 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.88 | $1.88 | $1.65 | $1.15 | $1.44 | $2.23 | $1.70 | $1.75 | $0.83 | $0.90 | $1.89 | $2.84 |
Dividend yield | 1.51% | 1.55% | 1.44% | 1.14% | 1.16% | 1.96% | 1.62% | 1.90% | 0.81% | 0.99% | 2.12% | 2.82% |
Monthly Dividends
The table displays the monthly dividend distributions for New Covenant Balanced Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.67 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.27 | $0.00 | $0.45 | $1.88 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.61 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.40 | $0.00 | $0.26 | $1.65 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.15 | $0.00 | $0.25 | $1.15 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.23 | $0.00 | $0.49 | $1.44 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.31 | $0.00 | $0.93 | $2.23 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.41 | $0.00 | $0.49 | $1.70 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.86 | $0.00 | $0.16 | $1.75 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.28 | $0.00 | $0.01 | $0.83 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.21 | $0.00 | $0.22 | $0.90 |
| 2015 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $1.25 | $1.89 |
| 2014 | $0.14 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $2.25 | $2.84 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the New Covenant Balanced Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the New Covenant Balanced Growth Fund was 42.16%, occurring on Mar 9, 2009. Recovery took 882 trading sessions.
The current New Covenant Balanced Growth Fund drawdown is 5.73%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.16% | Oct 15, 2007 | 351 | Mar 9, 2009 | 882 | Sep 6, 2012 | 1233 |
| -24.7% | Dec 27, 2001 | 197 | Oct 9, 2002 | 321 | Jan 21, 2004 | 518 |
| -22.98% | Feb 20, 2020 | 23 | Mar 23, 2020 | 82 | Jul 20, 2020 | 105 |
| -22.38% | Nov 9, 2021 | 235 | Oct 14, 2022 | 431 | Jul 5, 2024 | 666 |
| -18.89% | Apr 27, 2015 | 202 | Feb 11, 2016 | 449 | Nov 21, 2017 | 651 |
Volatility
Volatility Chart
The current New Covenant Balanced Growth Fund volatility is 2.03%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.