New Covenant Balanced Growth Fd (NCBGX) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
New Covenant Balanced Growth Fd (NCBGX) trades at $132.93. New Covenant Balanced Growth Fund (NCBGX) aims for capital appreciation with reduced risk by investing primarily in the New Covenant Growth Fund and the New… Market cap: $379M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for NCBGX: NCBGX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NCBGX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
NCBGX: 2/3 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →New Covenant Balanced Growth Fd (NCBGX) Financial Services Profile
New Covenant Balanced Growth Fund (NCBGX) offers a diversified investment approach, primarily allocating assets between its Growth and Income Funds. With a focus on capital appreciation and risk mitigation, NCBGX appeals to investors seeking a balanced portfolio within the asset management sector, demonstrating a notable dividend yield of 9.11%.
What Is the Investment Thesis for NCBGX?
The New Covenant Balanced Growth Fund (NCBGX) presents a compelling investment thesis centered on its diversified asset allocation strategy and focus on capital appreciation with reduced risk. With a dividend yield of 9.11%, NCBGX offers an attractive income component. The fund's strategic allocation between the New Covenant Growth Fund and Income Fund allows it to participate in equity market upside while mitigating downside risk through fixed-income exposure. The fund's beta of 0.92 suggests lower volatility compared to the overall market. Ongoing: The fund's ability to adapt its asset allocation between the Growth and Income Funds based on market conditions is a key value driver. Upcoming: Continued growth in assets under management (AUM) could lead to economies of scale and improved fund performance.
Based on FMP financials and quantitative analysis
NCBGX Key Highlights
Market capitalization of $379M indicates a mid-sized fund with potential for growth.
- Profit margin of 11.6% reflects efficient management and profitability.
- Gross margin of 27.6% demonstrates the fund's ability to generate revenue above its direct costs.
- Beta of 0.92 suggests lower volatility compared to the overall market, appealing to risk-averse investors.
- Dividend yield of 9.11% provides a significant income component, making it attractive to income-seeking investors.
Who Are NCBGX's Competitors?
NCBGX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AOVIX American Century Investments One Choice Portfolio: Very Aggressive Investor Class | $23.58 | +0.13% | $370M | — |
| BGNMX American Century Ginnie Mae Investor Class | $8.86 | -0.34% | $339M | — |
| CAMOX Cambiar Opportunity Portfolio | $29.95 | +0.47% | $330M | 44 |
| ETAMX Eventide Balanced Fund Class A | $15.31 | -0.52% | $400M | — |
| HFCVX Hennessy Cornerstone Value Fd Inv Cl | $26.42 | -0.49% | $327M | — |
| SOR Source Capital, Inc. | $46.29 | -0.92% | $381M | 71 |
| CAF Morgan Stanley China A Share Fund, Inc. | $19.33 | -1.23% | $325M | 87 |
| PLTS Platinum Analytics Cayman Ltd. | $17.50 | +0.00% | $316M | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NCBGX's Key Strengths?
Diversified asset allocation strategy.
- Focus on capital appreciation with reduced risk.
- Established track record of managing balanced portfolios.
- Attractive dividend yield of 9.11%.
What Are NCBGX's Weaknesses?
Reliance on the performance of the New Covenant Growth Fund and Income Fund.
- Potential for underperformance compared to more aggressive growth strategies.
- Limited brand recognition compared to larger asset managers.
- Higher expense ratio compared to passively managed funds.
What Could Drive NCBGX Stock Higher?
Continued growth in assets under management (AUM).
- Positive performance of the New Covenant Growth Fund and Income Fund.
- Launch of new investment products to cater to evolving investor needs.
- Expansion of distribution channels to reach a broader investor base.
What Are the Key Risks for NCBGX?
Economic downturns and market volatility could negatively impact fund performance.
- Increased competition from other asset managers could lead to lower fees and reduced market share.
- Changes in investor preferences could lead to outflows from the fund.
- Reliance on the performance of the New Covenant Growth Fund and Income Fund.
- Interest rate hikes could negatively impact the performance of the Income Fund.
What Are the Growth Opportunities for NCBGX?
- Growth opportunity 1: Expansion of distribution channels: NCBGX can grow by expanding its distribution network through partnerships with financial advisors, online platforms, and retirement plan providers. By increasing accessibility, the fund can attract a broader investor base. The market for managed accounts and target-date funds is estimated to reach $20 trillion by 2030, presenting a significant opportunity for NCBGX to capture a larger share of the market. Timeline: Ongoing.
- Growth opportunity 2: Enhancement of marketing and branding: NCBGX can invest in marketing and branding initiatives to increase awareness and attract new investors. By highlighting its unique value proposition and track record, the fund can differentiate itself from competitors. The asset management industry spends billions annually on marketing, indicating the importance of brand recognition in attracting and retaining investors. Timeline: Ongoing.
- Growth opportunity 3: Development of new investment products: NCBGX can develop new investment products to cater to evolving investor needs and preferences. This could include thematic funds focused on specific sectors or ESG (environmental, social, and governance) factors. Timeline: Upcoming: 12-24 months.
- Growth opportunity 4: Improvement of fund performance: Consistent and competitive fund performance is crucial for attracting and retaining investors. NCBGX can focus on enhancing its investment strategies and risk management processes to deliver superior returns. Studies have shown that fund performance is a key driver of investor flows, with top-performing funds attracting the most assets. Timeline: Ongoing.
- Growth opportunity 5: Focus on investor education: NCBGX can provide investor education resources to help investors understand its investment strategy and the benefits of balanced investing. This can build trust and loyalty among investors. Many investors lack a clear understanding of financial concepts, creating a need for educational resources. Timeline: Ongoing.
What Are NCBGX's Competitive Advantages?
- Established track record of managing balanced portfolios.
- Access to the investment expertise of the New Covenant Growth Fund and Income Fund managers.
- Diversified asset allocation strategy that mitigates risk.
What Does NCBGX Do?
New Covenant Balanced Growth Fund (NCBGX) is designed to provide investors with capital appreciation while mitigating risk compared to a portfolio solely composed of common stocks. The fund achieves this objective by strategically investing in two primary components: the New Covenant Growth Fund and the New Covenant Income Fund. A majority of the fund's assets are typically allocated to the Growth Fund, reflecting a focus on long-term capital appreciation. The remaining portion is invested in the Income Fund, offering a steady stream of income and further diversification. The fund maintains a flexible allocation strategy, with the Growth Fund allocation ranging from 45% to 75% of net assets, with a neutral position around 60%. This flexibility allows the fund to adapt to changing market conditions and adjust its risk profile accordingly. The balance is held in the Income Fund or in cash or cash equivalents, providing liquidity and stability. This blended approach seeks to capture growth opportunities while managing downside risk, making it an option for investors seeking a balanced investment strategy. The fund's investment strategy is geared towards investors who want exposure to both equity and fixed-income markets through a single investment vehicle. By investing in its own family of funds, NCBGX aims to streamline operations and provide investors with a cost-effective way to achieve diversification.
What Products and Services Does NCBGX Offer?
- Invests primarily in shares of the New Covenant Growth Fund.
- Invests a portion of its assets in the New Covenant Income Fund.
- Seeks capital appreciation with less risk than a portfolio of only common stocks.
- Allocates between 45% and 75% of its net assets to the Growth Fund.
- Invests the balance of its net assets in the Income Fund or cash equivalents.
- Provides a diversified investment approach through a single fund.
How Does NCBGX Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Allocates assets between the New Covenant Growth Fund and Income Fund to achieve its investment objectives.
- Adjusts asset allocation based on market conditions and investment outlook.
What Industry Does NCBGX Operate In?
The asset management industry is characterized by intense competition and evolving investor preferences. Funds like New Covenant Balanced Growth (NCBGX) operate in a market driven by factors such as economic growth, interest rates, and investor sentiment. The industry is experiencing a shift towards passive investing and increased demand for sustainable investment options. NCBGX's balanced approach positions it to cater to investors seeking diversification and risk management in a dynamic market. Competitors such as AOVIX and BGNMX offer similar balanced strategies, requiring NCBGX to differentiate itself through performance and service.
Who Are NCBGX's Key Customers?
- Individual investors seeking capital appreciation with reduced risk.
- Retirement savers looking for a diversified investment option.
- Financial advisors seeking balanced investment solutions for their clients.
New Covenant Balanced Growth Fd (NCBGX) Valuation Context
Valued at $379M, NCBGX is classified as a small-cap stock.
Key Financial Metrics
Return on equity for New Covenant Balanced Growth Fd stands at 11.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 9.1%, showing how much profit it generates from its asset base. Its free cash flow yield is 0.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.91 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
New Covenant Balanced Growth Fd's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 58.40 places it in the safe zone, indicating low near-term bankruptcy risk.
NCBGX Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Diversified asset allocation strategy.
- Focus on capital appreciation with reduced risk.
- Established track record of managing balanced portfolios.
- Attractive dividend yield of 9.11%.
Bear Case
- Reliance on the performance of the New Covenant Growth Fund and Income Fund.
- Potential for underperformance compared to more aggressive growth strategies.
- Limited brand recognition compared to larger asset managers.
- Higher expense ratio compared to passively managed funds.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
NCBGX Latest News
No recent news available for NCBGX.
NCBGX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NCBGX.
Price Targets
Wall Street price target analysis for NCBGX.
NCBGX MoonshotScore
What does this score mean?
The MoonshotScore rates NCBGX 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
NCBGX Financial Services Stock FAQ
What does New Covenant Balanced Growth Fd do?
New Covenant Balanced Growth Fund (NCBGX) is a mutual fund that seeks to provide capital appreciation with less risk than investing solely in common stocks. It achieves this by investing primarily in shares of the New Covenant Growth Fund and the New Covenant Income Fund.
What are the main risks for NCBGX?
The main risks for New Covenant Balanced Growth Fund (NCBGX) include market risk, which is the possibility of losses due to declines in the overall stock and bond markets. The fund is also subject to interest rate risk, as changes in interest rates can impact the value of the Income Fund holdings.
How does New Covenant Balanced Growth Fd make money in financial services?
New Covenant Balanced Growth Fund generates revenue primarily through management fees. These fees are calculated as a percentage of the fund's average net assets under management (AUM). The fund charges these fees to cover the costs of managing the fund's investments, including research, trading, and administrative expenses. The specific fee structure is detailed in the fund's prospectus.
How sensitive is NCBGX to interest rate changes?
NCBGX's sensitivity to interest rate changes is primarily linked to the portion of its assets invested in the New Covenant Income Fund, which holds fixed-income securities. When interest rates rise, the value of existing bonds in the Income Fund may decline, potentially impacting the overall performance of NCBGX.
What are the key factors to evaluate for NCBGX?
Evaluate NCBGX on fundamentals, analyst consensus, and risk factors. The New Covenant Balanced Growth Fund (NCBGX) presents a compelling investment thesis centered on its diversified asset allocation strategy and focus on capital appreciation with reduced risk. Not financial advice.
How frequently does NCBGX data refresh on this page?
NCBGX's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven NCBGX's recent stock price performance?
New Covenant Balanced Growth Fd (NCBGX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified asset allocation strategy. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NCBGX overvalued or undervalued right now?
New Covenant Balanced Growth Fd (NCBGX) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The information provided is based on available data and is intended for informational purposes only.
- Investment decisions should be made after consulting with a qualified financial advisor.