Carrying a relatively low degree of market risk and total return over time, the Fixed Income Fund is invested primarily in intermediate and long-term US Dollar-denominated government and investment-grade corporate fixed income obligations. Four organizations manage portions of the Fixed Income Fund on behalf of UCF —

Organization Management

Nuveen Core Impact Bond

Nuveen Core Impact Bond is a Core Fixed Income manager that seeks to provide a long-term total return through income by investing in investment-grade securities that meet the team’s ESG criteria, with a special consideration to social impact (Proactive Social Investments), which has been ~30-40% of the portfolio. Impact themes include affordable housing; community and economic development; renewable energy; and …

Voya Investment Management

The Bank Loan portfolio is managed by Voya Investment Management, with over 40 years of experience and approximately $224 billion in assets under management. Voya seeks to achieve superior long-term risk-adjusted returns while minimizing credit risk. The firm invests primarily in non-investment grade senior loans that offer attractive yields and are typically secured by borrower assets. Voya focuses on fundamental credit …

The Pension Boards-United Church of Christ, Inc.

The Pension Boards-United Church of Christ, Inc’s (PBUCC) Fixed Income team manages the Core Fixed Income portfolio, a diversified portfolio comprised of US government and corporate bonds. The team comprises long-term investors who seek to capitalize on opportunities that arise when valuations move toward extremes. The Fixed Income team manages over $1 billion.

Lazard Asset Management

Lazard Asset Management manages the emerging market debt (EMD) blend strategy with both a global thematic approach and a bottom-up credit research focus that stresses total return, a benchmark agnostic approach, and active asset allocation to EMD asset classes. The emerging market debt blend strategy includes both dollar denominated as well as local currency sectors. The portfolio is broadly diversified across …

Community Capital Management

Founded in 1998, Community Capital Management (CCM) is an SEC-registered investment advisor that specializes in managing impact investing and fossil fuel free portfolios. Its intermediate fixed income strategy, launched in 1999, focuses on making qualified investments under the Community Reinvestment Act. Over the last 16 years, it has delivered steady risk-adjusted returns while providing added diversification and positive impact on the community.
Fixed Income Fund Print Version
News and resources

Read What's New

UCF 2021 Shareholder Resolutions

On behalf of our clients, UCF works to encourage responsible corporate citizenship in the companies we invest in. One way we do this is by filling shareholder resolutions that bring up specific issues for vote by shareholders to help create a just world for all.

Amex Shareholders Overwhelmingly Support Diversity, Equity, Inclusion Disclosure

UCF, alongside shareholder advocacy group, As You Sow, co-filed a shareholder resolution asking for more data on the effectiveness of American Express’s diversity and inclusion program. A strong 60% majority of shareholders voted in favor of the resolution at the recent annual general meeting.

The Race to Save Our Planet: Climate Change Pressures Ratcheting Up

Matthew Illian, Director of Responsible Investing, discusses the pressure being applied to corporations to protect our planet and the strategic partnership to address climate issues.