2 / 5 Stars
2 2 5 3 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
4 / 5 Stars
#69 in Conservative Allocation
U.S. News evaluated 183 Conservative Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 5.53 percent over the past year, 5.49 percent over the past three years, 9.03 percent over the past five years, and 3.65 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.9%|
|3 Years (Annualized)||5.5%|
|5 Years (Annualized)||9.0%|
|10 Years (Annualized)||3.7%|
The investment seeks current income and long-term growth of capital. The fund invests in shares of the Growth Fund and the Income Fund, with a majority of its assets generally invested in shares of the 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. At least 65% of the Income Fund's net assets will be invested in bonds that are rated within the four highest credit rating categories assigned by independent rating agencies. The Growth Fund invests in common stocks and other equity securities of companies of all sizes, domestic and foreign.
Fees are Below Average compared to funds in the same category.
New Covenant Balanced Income Fund has an expense ratio of 0.20 percent.
Risk is Average compared to funds in the same category according to Morningstar.