New Covenant Balanced Income Fd (NCBIX) 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 Income Fd (NCBIX) trades at $23.86. New Covenant Balanced Income Fund seeks current income and long-term capital growth. Market cap: $77.7M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for NCBIX: NCBIX 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 NCBIX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on NCBIX.
How is this calculated? →New Covenant Balanced Income Fd (NCBIX) Financial Services Profile
New Covenant Balanced Income Fund (NCBIX) is a US-based fund focused on income and long-term growth by investing primarily in the New Covenant Growth Fund and Income Fund. Allocating 50-75% of assets to the Income Fund, NCBIX offers a diversified approach to income generation and capital appreciation within the asset management sector.
What Is the Investment Thesis for NCBIX?
The New Covenant Balanced Income Fund presents a blended approach to investment, prioritizing both current income and long-term capital appreciation. The fund's strategy of allocating a significant portion of its assets (50-75%) to the New Covenant Income Fund provides a steady stream of income, while the remaining allocation to the New Covenant Growth Fund offers potential for capital appreciation. With a market capitalization of $77.7M and a beta of 0.71, NCBIX exhibits moderate volatility relative to the broader market. However, the absence of a dividend yield may deter income-focused investors seeking regular payouts. The fund's performance is closely tied to the performance of its underlying investments, particularly the New Covenant Income Fund and the New Covenant Growth Fund. Investors should carefully evaluate the investment strategies and risk profiles of these underlying funds before investing in NCBIX.
Based on FMP financials and quantitative analysis
NCBIX Key Highlights
Market capitalization of $77.7M indicates a relatively small fund size.
- Beta of 0.71 suggests lower volatility compared to the overall market.
- Primary investment strategy focuses on allocating assets between the New Covenant Growth Fund and the New Covenant Income Fund.
- Target allocation of 50-75% of net assets to the New Covenant Income Fund emphasizes income generation.
- The New Covenant Income Fund may invest up to 40% of its assets in foreign fixed-income securities, providing international diversification.
Who Are NCBIX's Competitors?
NCBIX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BJBHX Aberdeen Global High Income Fund Class A | $7.67 | +0.00% | $74.1M | 44 |
| BSVSX Baird Equity Opportunity Fund - Investor Class | $15.18 | -1.30% | $78.4M | 49 |
| DTF DTF Tax-Free Income 2028 Term Fund Inc. | $11.54 | -0.13% | $81.1M | 46 |
| EIPFX EIP Growth and Income Fund Investor Class | $20.27 | -0.10% | $90.9M | 50 |
| EIPIX EIP Growth and Income Fund (NEW) | $20.36 | -0.05% | $91.0M | 50 |
| VGI Virtus Global Multi-Sector Income Fund | $7.29 | -0.21% | $82.5M | 60 |
| MFD Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund | $8.45 | -2.20% | $72.2M | 63 |
| PGZ Principal Real Estate Income Fund | $10.01 | -0.60% | $67.0M | 56 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NCBIX's Key Strengths?
Diversified investment approach through allocation to multiple funds.
- Potential for international diversification through the New Covenant Income Fund.
- Established relationship with the New Covenant Growth Fund and New Covenant Income Fund.
- Moderate volatility compared to the overall market (beta of 0.71).
What Are NCBIX's Weaknesses?
Small market capitalization ($0.08 billion) may limit liquidity.
- Dependence on the performance of the New Covenant Growth Fund and New Covenant Income Fund.
- Absence of a dividend yield may deter income-focused investors.
- Limited information available on the fund's specific investment holdings and strategies.
What Could Drive NCBIX Stock Higher?
Performance of the underlying New Covenant Growth Fund and New Covenant Income Fund.
- Changes in market interest rates impacting fixed-income investments.
- Potential expansion into new asset classes to enhance returns.
- Integration of ESG factors to attract sustainable investors.
What Are the Key Risks for NCBIX?
Market volatility impacting the value of underlying fund investments.
- Changes in interest rates affecting fixed-income security values.
- Dependence on the investment strategies and performance of the New Covenant Growth Fund and New Covenant Income Fund.
- Economic downturn affecting the performance of the underlying funds.
- Competition from other asset management firms offering similar investment products.
What Are the Growth Opportunities for NCBIX?
- Expansion into new asset classes: The fund could explore opportunities to invest in alternative asset classes such as real estate, private equity, or infrastructure. These asset classes may offer higher yields and diversification benefits compared to traditional fixed-income securities. However, they also come with increased risks and illiquidity. A strategic allocation to alternative assets could enhance the fund's overall return profile and attract investors seeking higher income potential. This expansion would require careful due diligence and risk management to ensure alignment with the fund's investment objectives. The timeline for implementing this strategy would depend on market conditions and the availability of suitable investment opportunities.
- Increased focus on sustainable investing: The fund could incorporate environmental, social, and governance (ESG) factors into its investment decision-making process. Sustainable investing is gaining traction among investors who are increasingly concerned about the social and environmental impact of their investments. By integrating ESG considerations, the fund could attract a wider pool of investors and enhance its long-term performance. This could involve screening investments based on ESG criteria, engaging with companies on ESG issues, and allocating capital to sustainable businesses. The timeline for implementing this strategy would depend on the fund's resources and expertise in ESG investing.
- Development of new investment products: The fund could develop new investment products tailored to specific investor needs and market trends. This could include thematic funds focused on specific sectors or investment strategies, or customized portfolios designed to meet the individual needs of high-net-worth investors. New product development requires careful market research, product design, and regulatory compliance. A successful new product launch could significantly increase the fund's assets under management and revenue. The timeline for developing and launching new investment products would depend on the complexity of the product and the regulatory approval process.
- Strategic partnerships and acquisitions: The fund could pursue strategic partnerships or acquisitions to expand its distribution network, enhance its investment capabilities, or gain access to new markets. A partnership with a large financial institution could provide access to a wider pool of potential investors. An acquisition of a smaller asset manager could bring in new investment expertise and product offerings. Strategic partnerships and acquisitions can be complex and require careful due diligence and integration. However, they can also be a powerful way to accelerate growth and enhance competitiveness. The timeline for pursuing strategic partnerships and acquisitions would depend on market conditions and the availability of suitable targets.
- Enhanced marketing and investor relations: The fund could invest in enhanced marketing and investor relations to increase its visibility and attract new investors. This could involve developing a more sophisticated website, creating engaging content, and participating in industry events. Effective marketing and investor relations can help to build brand awareness, attract new investors, and retain existing clients. This requires a clear understanding of the target audience and a compelling value proposition. The timeline for implementing enhanced marketing and investor relations would depend on the fund's resources and marketing expertise.
What Are NCBIX's Competitive Advantages?
- Established relationship with the New Covenant Growth Fund and New Covenant Income Fund.
- Diversified investment approach through allocation to multiple asset classes.
- Potential for international diversification through the New Covenant Income Fund's investments in foreign fixed-income securities.
What Does NCBIX Do?
New Covenant Balanced Income Fund (NCBIX) is designed to provide investors with both current income and long-term capital growth. The fund achieves this objective by primarily investing in shares of two other New Covenant funds: the New Covenant Growth Fund and the New Covenant Income Fund. A majority of the fund's assets, typically between 50% and 75%, are allocated to the New Covenant Income Fund, while the remaining portion is invested in the New Covenant Growth Fund or held as cash or cash equivalents. This allocation strategy aims to balance income generation with the potential for capital appreciation. The New Covenant Income Fund, in turn, may invest up to 20% of its net assets in commercial paper and up to 40% in fixed-income securities of foreign issuers, including those in developed and emerging markets. This international exposure provides diversification and access to potentially higher yields. The fund is based in Jeffersonville, USA, and operates within the asset management industry.
What Products and Services Does NCBIX Offer?
- Invests primarily in shares of the New Covenant Growth Fund.
- Invests primarily in shares of the New Covenant Income Fund.
- Allocates 50-75% of net assets to the New Covenant Income Fund.
- Invests the balance of net assets in the New Covenant Growth Fund or cash equivalents.
- The New Covenant Income Fund may invest up to 20% of its net assets in commercial paper.
- The New Covenant Income Fund may invest up to 40% of its net assets in fixed-income securities of foreign issuers.
How Does NCBIX Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Investment performance impacts AUM and, consequently, management fee revenue.
- Expense ratio impacts profitability.
What Industry Does NCBIX Operate In?
New Covenant Balanced Income Fund operates within the asset management industry, specifically focusing on income-oriented investment strategies. The industry is characterized by a wide range of investment products, including mutual funds, exchange-traded funds (ETFs), and closed-end funds. These funds cater to diverse investor needs and risk profiles. The asset management industry is influenced by macroeconomic factors such as interest rates, inflation, and economic growth. Competitive pressures are intense, with numerous firms vying for market share. Key players include large asset managers, boutique investment firms, and wealth management companies. The fund competes with other income-focused funds such as BJBHX, BSVSX, DTF, EIPFX, and EIPIX.
Who Are NCBIX's Key Customers?
- Individual investors seeking income and long-term growth.
- Institutional investors looking for diversified asset allocation.
- Retirement savers seeking a balanced investment approach.
How New Covenant Balanced Income Fd Is Valued
New Covenant Balanced Income Fd carries a market capitalization of $77.7M, placing it in the micro-cap category.
Key Financial Metrics
Return on equity for New Covenant Balanced Income Fd stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. NCBIX trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
NCBIX Financials
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the fund's management and strategy, indicating potential for positive future performance.
- Community sentiment has shifted positively, with discussions highlighting the fund's stability and income generation capabilities.
- Market perception has improved as investors seek balanced income solutions amidst volatility, favoring funds like NCBIX.
- Recent developments in the fixed income market may enhance the fund's attractiveness, appealing to risk-averse investors.
Bear Case
- Some community members express concerns over the fund's performance in a rising interest rate environment, which could impact returns.
- Insider selling activity raises questions about management's confidence in the fund's future prospects.
- Market sentiment remains cautious as investors are wary of potential economic downturns, which could influence the fund's stability.
- Recent discussions indicate a lack of excitement around the fund's growth potential compared to more aggressive investment options.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
NCBIX Latest News
No recent news available for NCBIX.
NCBIX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NCBIX.
Price Targets
Wall Street price target analysis for NCBIX.
NCBIX MoonshotScore
What does this score mean?
The MoonshotScore rates NCBIX 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Common Questions About NCBIX (Financial Services)
What does New Covenant Balanced Income Fd do?
New Covenant Balanced Income Fund seeks to provide investors with both current income and long-term capital growth. It achieves this by primarily investing in shares of the New Covenant Growth Fund and the New Covenant Income Fund.
What are the main risks for NCBIX?
The main risks for New Covenant Balanced Income Fund include market volatility, interest rate risk, and dependence on the performance of its underlying investments. Market volatility can negatively impact the value of the fund's holdings, particularly the New Covenant Growth Fund. Rising interest rates can decrease the value of fixed-income securities held by the New Covenant Income Fund.
What are the key factors to evaluate for NCBIX?
Evaluate NCBIX on fundamentals, analyst consensus, and risk factors. The New Covenant Balanced Income Fund presents a blended approach to investment, prioritizing both current income and long-term capital appreciation. Not financial advice.
How frequently does NCBIX data refresh on this page?
NCBIX'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 NCBIX's recent stock price performance?
New Covenant Balanced Income Fd (NCBIX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified investment approach through allocation to multiple funds. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NCBIX overvalued or undervalued right now?
New Covenant Balanced Income Fd (NCBIX) 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.
How do I research NCBIX before investing?
Before investing in New Covenant Balanced Income Fd (NCBIX), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding NCBIX to a portfolio?
Key strength of New Covenant Balanced Income Fd (NCBIX): Diversified investment approach through allocation to multiple funds. Weigh rewards against risks and diversify. Not financial advice.
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.
- Information is based on available financial data and company descriptions.
- AI analysis is pending and may provide further insights in the future.