New Covenant Income Fd (NCICX)
New Covenant Income Fd operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Jeffersonville, IN, US. The stock last traded at $21.01, up 0.05% on the session, giving a market capitalisation of $351.4M. Its beta of 0.80 implies it has historically moved less than the broad market.
Typically, the fund allocates a minimum of 80% of its total assets to a diverse collection of bonds and other debt instruments with different repayment periods. Furthermore, at least 65% of its assets will be held in fixed-income securities possessing one of the four highest credit assessments from independent rating firms, with the fund's manager striving to maintain an overall portfolio credit quality of AA or superior.
New Covenant Income Fd is most often compared with the following Financial Services names: