Growth Fund
Balanced Growth Fund
Income Fund
Balanced Income Fund
Treasury Money Fund
     
 

Market Commentary

Join us for a webcast each    quarter to review quarterly performance.

 

Click here to view Market Commentary

Click here to download the presentation used in the Webcast.

 
 

New Covenant Income Fund

Fund Characteristics
(as of 06/30/08)

  NCICX Lehman
Aggregate Bond 		Lehman
Intermediate
Aggregate Bond
Number of Holdings 208 9,193 9,193
Average Effective Maturity 5.87 yrs 7.48 yrs 5.71 yrs
Average Effective Duration 3.74 yrs 4.68 yrs 3.86 yrs
Average Wtd. Coupon 5.52% 5.36% 5.22%
Average Yield to Maturity 6.55% 5.07% 4.98%
         
Quality ratings, average effective maturity and average effective duration are subject to change.

Top 10 Holdings
(as of 06/30/08)
         
WAMU 2007-Y6, 2A1,5.670% 6/25/37 1.8 %
FNMA, 5.000%, 08/01/2023 1.2%
FNMA, 6.406%, 01/01/2011 1.6% Morgan Stanley Capital, 6.077%, 06/11/2049 1.2%
FNMA, 4.500%, 08/01/2023 1.5% FHLMC, 6.978%, 10/1/10 1.1%
CS First Boston Morgage Capital Cert., 5.467%, 9/15/2039 1.2% JPMorgan Chase, Comm. Mortgage Securities Co., 5.55%, 6/12/41 1.1%
FNMA, 5.707%, 02/01/2012 1.2% FNMA, 4.500%, 08/01/2023 1.1%
Portfolio composition is subject to change.  
   
Quality Breakdown
(as of 03/31/08)		  

Portfolio composition is subject to change.

 

 
Sector Breakdown
(as of 6/30/08)
  NCICX Lehman
Aggregate Bond 		Lehman
Intermediate
Aggregate Bond
Government Agency/MBS 24% 38% 44%
Corporates 24% 20% 17%
Treasuries 0% 22% 20%
Non-Government Agency/MBS 40% 5% 5%
Asset Backed 4% 1% 1%
Cash 8% 0% 0%
MBS – Mortgage-Backed Securities.
Portfolio composition is subject to change.