NCGFX Performance — New Covenant Growth Fund
Data updated: 2026-09-14
NCGFX returned +10.58% year to date and +22.27% over one year to Jun 2026. Annualised returns are +19.18% over 3 years and +11.61% over 5 years. Against its US Large Growth category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $169, against $175 for the category, and to $122 over one year, against $117. Volatility over the past three years was 13.44% a year. In the 12 months to Jun 2026 the fund lost a net $18.9M, and assets reached $580.09M.
NCGFX Growth of $100
What $100 invested in New Covenant Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | NCGFX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $122 | $117 |
| 3 years (Jul 2023 – Jun 2026) | $169 | $175 |
| 5 years (Jul 2021 – Jun 2026) | $173 | $166 |
| Since data start (Jul 2019 – Jun 2026) | $265 | $271 |
NCGFX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.58% |
| 1 year | +22.27% |
| 3 years (annualised) | +19.18% |
| 5 years (annualised) | +11.61% |
NCGFX Annual Returns
Calendar-year total returns of New Covenant Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +10.58% |
| 2025 | +15.96% |
| 2024 | +22.22% |
| 2023 | +25.20% |
| 2022 | −19.35% |
| 2021 | +25.74% |
| 2020 | +20.21% |
| 2019 (Jul–Dec) | +10.63% |
NCGFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −5.1% | −0.8% | +1.4% | −0.1% | +5.0% | +10.4% | — | — | — | — | — | — |
| 2025 | −6.0% | −1.9% | +2.9% | +5.0% | +6.2% | −0.9% | +3.3% | +2.2% | +2.1% | 0.0% | +0.4% | +2.1% |
| 2024 | +3.2% | +4.9% | +1.1% | +3.2% | +4.7% | −4.5% | +2.0% | +2.0% | +1.9% | −3.0% | +6.4% | −1.1% |
| 2023 | +2.7% | −2.5% | +6.9% | +6.8% | +0.4% | +1.0% | −5.1% | −2.1% | +3.6% | +5.2% | +9.2% | −2.4% |
| 2022 | +3.3% | −2.8% | −5.7% | −8.5% | −0.2% | −8.9% | −9.3% | −3.8% | +9.4% | −5.9% | +5.3% | +8.3% |
| 2021 | +3.6% | +2.9% | −0.4% | +2.4% | +0.5% | +5.2% | −4.6% | +2.8% | +1.7% | +3.9% | −1.2% | +6.8% |
| 2020 | −13.2% | −8.2% | −0.3% | +2.5% | +5.0% | +13.4% | −3.8% | +7.4% | +5.4% | +4.2% | +11.9% | −2.3% |
| 2019 | — | — | — | — | — | — | +1.7% | −1.9% | +1.5% | +3.0% | +3.8% | +2.2% |
NCGFX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.44%
- 3-year Sharpe ratio: 1.09 (vs 4.5% risk-free rate)
- Best month: +10.43% (Jun 2026)
- Worst month: −6.02% (Jan 2025)
NCGFX Fund Flows
Monthly money in and out of New Covenant Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$18.9M
- 12-month gross sales (incl. reinvestments): $54.2M
- Sales ÷ redemptions: 0.74×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $331K | $4.9M | −$4.6M |
| May 2026 | $990K | $1.6M | −$607K |
| Apr 2026 | $583K | $14.8M | −$14.3M |
| Mar 2026 | $961K | $4.5M | −$3.5M |
| Feb 2026 | $1.9M | $7.0M | −$5.1M |
| Jan 2026 | $1.1M | $6.0M | −$4.9M |
| Dec 2025 | $452K | $4.9M | −$4.4M |
| Nov 2025 | $892K | $13.2M | −$12.3M |
| Oct 2025 | $46.0M | $4.1M | $42.0M |
| Sep 2025 | $434K | $5.9M | −$5.4M |
| Aug 2025 | $208K | $2.5M | −$2.3M |
| Jul 2025 | $309K | $3.7M | −$3.4M |
NCGFX Assets Under Management
Net assets of New Covenant Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $580.09M |
| 2026-03-31 | $518.52M |
| 2025-12-31 | $556.35M |
| 2025-09-30 | $565.18M |
| 2025-06-30 | $536.00M |
| 2025-03-31 | $482.31M |
| 2024-12-31 | $547.31M |
| 2024-09-30 | $559.51M |
| 2024-06-30 | $549.56M |
| 2024-03-31 | $545.65M |
| 2023-12-31 | $528.94M |
| 2023-09-30 | $491.79M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.