Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
New Covenant Income NCICX
- NAV / 1-Day Return 20.68 / +0.01 %
- Total Assets 344.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.750%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 500
- Status Open
- TTM Yield 3.05%
- Effective Duration 4.63 years
USD | NAV as of Jun 06, 2024 | 1-Day Return as of Jun 06, 2024, 10:21 PM GMT+0
Morningstar’s Analysis NCICX
Will NCICX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 5.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
3 Month SOFR Future Dec 25 | 6.82 | 25.3 Mil | Government |
10 Year Treasury Note Future June 24 | 5.00 | 18.5 Mil | Government |
3 Month SOFR Future Dec 24 | 4.77 | 17.7 Mil | Government |
Ultra 10 Year US Treasury Note Future June 24 | 2.51 | 9.3 Mil | Government |
United States Treasury Notes 0.75% | 1.87 | 6.9 Mil | Government |
United States Treasury Notes 4.375% | 1.61 | 6.0 Mil | Government |
United States Treasury Notes 3.125% | 1.48 | 5.5 Mil | Government |
United States Treasury Notes 4.375% | 1.28 | 4.7 Mil | Government |
United States Treasury Notes 3.875% | 1.26 | 4.6 Mil | Government |
United States Treasury Notes 3.5% | 1.21 | 4.5 Mil | Government |