New Covenant Income Fund

Class No Load (NCICX)
Scorecard
3 / 5 Stars
Lipper
1 1 4 3 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
TheStreet.com
D+ (Sell)

#83 in Short-Term Bond

U.S. News evaluated 122 Short-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all New Covenant funds

See full Short-Term Bond rankings

See more fund rankings

Performance

The fund has returned -0.08 percent over the past year, 2.82 percent over the past three years, 5.67 percent over the past five years, and 2.49 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 1.5%
1 Year -0.1%
3 Years (Annualized) 2.8%
5 Years (Annualized) 5.7%
10 Years (Annualized) 2.5%

See more NCICX performance

Summary

The investment seeks a high level of current income with preservation of capital. The fund normally invests at least 80% of its net assets in a diversified portfolio of bonds and other debt obligations of varying maturities. It makes investment decisions consistent with social-witness principles. The fund invests at least 65% of its net assets in bonds which are rated within the four highest credit rating categories assigned by independent rating agencies. It also may invest up to 40% of net assets in foreign bonds. The fund may invest up to 20% of its net assets in junk bonds. The average dollar-weighted maturity is expected to be approximately nine years.

Fees

Fees are Low compared to funds in the same category.
New Covenant Income Fund has an expense ratio of 0.77 percent.

See more NCICX fees

Risk

Risk is High compared to funds in the same category according to Morningstar.

See more NCICX risk