New Covenant Growth Fd
NCGFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Jeffersonville, IN 47130 Jeffersonville IN United States of America 47130
- IPO Date
- Jun 30, 1999
- CIK
- 0001070222
- Website
- newcovenantfunds.com
- Similar Companies
- Business
- New Covenant Growth Fund (NCGFX) is an open-end mutual fund that seeks long-term capital appreciation through a diversified portfolio of equity securities, primarily common stocks exhibiting long-term growth potential; it emphasizes large-cap blend investments across sectors including technology (29.43%), financial services (14.41%), healthcare (11.82%), consumer cyclical (11.10%), and communication services (8.21%), with approximately 98.35% allocated to U.S. stocks, 1.24% to cash, and minimal non-U.S. exposure. The fund offers Class A shares (no-load) with a minimum initial investment of $500 and additional investments of $100; its total net assets stand at $536 million, with a net expense ratio of 0.72% after waivers. Managed by a team including Thomas Seto (since 2012), Paul Bouchey (since 2014), Jason Collins (since 2016), David Hintz (since 2017), and James Reber (since 2022), the fund is part of the New Covenant Funds family, advised by SEI Investments Management Corporation (SIMC) and distributed by SEI Investments Distribution Co. (SIDCO); it operates in the large blend category and is available for sale in the United States. Launched on July 1, 1999, and domiciled in the United States, the fund integrates socially responsible investing principles, potentially avoiding investments conflicting with established social-witness criteria. In recent developments, portfolio management for the broader New Covenant Funds family underwent significant changes, including the removal of Western Asset Management Company as sub-adviser and reallocation of assets to Metropolitan West Asset Management (MetWest, a TCW subsidiary) by October 31, 2024; additionally, certain individual portfolio managers such as S. Kenneth Leech and John L. Bellows ceased their roles effective immediately in related updates.