New Covenant Balanced Income Fund (NCBIX)

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The chart shows the growth of an initial investment of $10,000 in New Covenant Balanced Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

New Covenant Balanced Income Fund (NCBIX) has returned -2.68% so far this year and 7.47% over the past 12 months. Over the last ten years, NCBIX has returned 5.22% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jun 30, 1999, NCBIX's average daily return is +0.02%, while the average monthly return is +0.36%. At this rate, your investment would double in approximately 16.1 years.

Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +6.0%, while the worst month was Oct 2008 at -9.6%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, NCBIX closed higher 51% of trading days. The best single day was Feb 23, 2000 with a return of +17.9%, while the worst single day was Feb 22, 2000 at -14.8%.

New Covenant Balanced Income Fund has an annualized alpha of 2.04%, beta of 0.32, and R² of 0.54 versus S&P 500 Index. Calculated based on daily prices since July 01, 1999.

• This fund participated in 40.75% of S&P 500 Index downside but only 39.58% of its upside — more exposed to losses than it benefited from rallies.
• This fund generated an annualized alpha of 2.04% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• Beta of 0.32 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

NCBIX has an expense ratio of 0.15%, which is considered low.

NCBIX ranks 68 for risk / return — better than 68% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for New Covenant Balanced Income Fund (NCBIX) and compare them to a chosen benchmark (S&P 500 Index).

New Covenant Balanced Income Fund provided a 6.32% dividend yield over the last twelve months, with an annual payout of $1.42 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for New Covenant Balanced Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the New Covenant Balanced Income 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 Income Fund was 32.19%, occurring on Nov 20, 2008. Recovery took 610 trading sessions.

The current New Covenant Balanced Income Fund drawdown is 3.92%.

The chart below shows the rolling one-month volatility.