New Covenant Balanced Income Fund (NCBIX)
The investment seeks current income and long-term growth of capital. The fund invests primarily in shares of the New Covenant Growth Fund and New Covenant Income Fund, with a majority of its assets generally invested in shares of the New Covenant Income Fund. Between 50% and 75% of its net assets are invested in shares of the income fund, with the balance of its net assets invested in shares of the growth fund or cash or cash equivalents. The income fund may also invest up to 20% of its net assets in commercial paper and up to 40% of its net assets in fixed-income securities of foreign issuers in any country, including developed or emerging markets.
Fund Info
US6436424088
643642408
Jun 30, 1999
$500
Large-Cap
Blend
Expense Ratio
NCBIX has an expense ratio of 0.15%, which is considered low compared to other funds.
Share Price Chart
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Performance
Performance Chart
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.
Returns By Period
New Covenant Balanced Income Fund had a return of 1.93% year-to-date (YTD) and 6.96% in the last 12 months. Over the past 10 years, New Covenant Balanced Income Fund had an annualized return of 2.39%, while the S&P 500 had an annualized return of 11.29%, indicating that New Covenant Balanced Income Fund did not perform as well as the benchmark.
NCBIX
1.93%
1.11%
-0.07%
6.96%
2.38%
2.39%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of NCBIX, 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 | 1.39% | 1.93% | |||||||||||
| 2024 | 0.51% | 0.92% | 1.56% | -2.80% | 2.56% | 1.68% | 2.00% | 1.50% | 1.43% | -1.72% | 2.83% | -4.69% | 5.62% |
| 2023 | 4.22% | -2.19% | 2.19% | 0.66% | -0.34% | 1.95% | 1.41% | -1.00% | -3.02% | -1.61% | 5.56% | 3.69% | 11.71% |
| 2022 | -2.99% | -1.67% | -0.63% | -4.84% | 0.43% | -3.87% | 4.53% | -2.73% | -5.57% | 2.26% | 3.68% | -3.81% | -14.73% |
| 2021 | -0.17% | 0.44% | 0.92% | 2.21% | 0.21% | 0.85% | 0.99% | 0.83% | -1.98% | 1.98% | -0.54% | -1.88% | 3.82% |
| 2020 | 0.69% | -2.29% | -5.63% | 5.99% | 2.41% | 1.38% | 2.52% | 2.62% | -1.43% | -0.73% | 4.40% | -1.43% | 8.23% |
| 2019 | 3.71% | 1.18% | 1.31% | 1.49% | -1.75% | 3.08% | 0.70% | 0.23% | 0.42% | 1.02% | 1.29% | -1.11% | 12.06% |
| 2018 | 1.51% | -1.95% | -0.52% | 0.02% | 1.05% | 0.24% | 1.11% | 1.31% | -0.23% | -3.00% | 1.20% | -6.14% | -5.55% |
| 2017 | 0.95% | 1.44% | 0.05% | 0.83% | 0.78% | 0.14% | 0.97% | 0.38% | 0.67% | 0.72% | 0.94% | -0.25% | 7.89% |
| 2016 | -1.53% | 0.16% | 2.58% | 0.51% | 0.45% | 0.35% | 1.79% | 0.25% | 0.25% | -0.99% | 0.10% | -0.95% | 2.94% |
| 2015 | -0.47% | 2.10% | -0.10% | 0.47% | 0.19% | -1.13% | 0.85% | -2.25% | -1.23% | 2.72% | -0.00% | -6.26% | -5.28% |
| 2014 | -0.86% | 2.12% | -0.21% | 0.19% | 1.37% | 0.99% | -0.56% | 1.73% | -0.89% | 1.25% | 0.96% | -2.89% | 3.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NCBIX is 48, 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 Income Fund (NCBIX) 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 Income Fund provided a 2.11% dividend yield over the last twelve months, with an annual payout of $0.48 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.48 | $0.48 | $0.43 | $0.31 | $0.31 | $0.53 | $0.41 | $0.40 | $0.28 | $0.25 | $0.36 | $0.47 |
Dividend yield | 2.11% | 2.15% | 1.97% | 1.59% | 1.30% | 2.31% | 1.88% | 2.03% | 1.31% | 1.23% | 1.81% | 2.22% |
Monthly Dividends
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.
| 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 | $0.11 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.03 | $0.00 | $0.21 | $0.48 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.12 | $0.43 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.11 | $0.31 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.12 | $0.31 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.27 | $0.53 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.11 | $0.41 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.00 | $0.10 | $0.40 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.07 | $0.28 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.06 | $0.25 |
| 2015 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.19 | $0.36 |
| 2014 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.31 | $0.47 |
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 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 3.38%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.19% | Oct 31, 2007 | 267 | Nov 20, 2008 | 610 | Apr 26, 2011 | 877 |
| -19.94% | Nov 8, 2021 | 236 | Oct 14, 2022 | 480 | Sep 13, 2024 | 716 |
| -15.41% | Feb 20, 2020 | 23 | Mar 23, 2020 | 52 | Jun 5, 2020 | 75 |
| -12.21% | Dec 28, 2001 | 196 | Oct 9, 2002 | 235 | Sep 17, 2003 | 431 |
| -11.24% | Nov 28, 2014 | 303 | Feb 11, 2016 | 393 | Sep 1, 2017 | 696 |
Volatility
Volatility Chart
The current New Covenant Balanced Income Fund volatility is 1.36%, 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.