CRA Qualified Investment Fund: Institutional Shares (CRANX)

The CRA Fund Institutional Shares is a market-rate bond fund that invests in high credit quality, fossil fuel free securities whose proceeds are designed to positively impact communities throughout the U.S.

  • Impact: We track the environmental and social outcomes of the portfolio and provide clients tailored reporting on the positive impact of their investments.
  • Customization: We offer clients the ability to support specific geographies or impact themes.
  • Income: The CRA Fund pursues a high level of current income.
  • Capital Preservation: The CRA Fund seeks capital preservation with a shorter duration profile than the benchmark (Bloomberg Barclays Intermediate U.S. Aggregate Bond Index.)


TICKER Morningstar Category since 2/28/18* OVERALL 3 YEAR 5 YEAR 10 YEAR
CRANX Intermediate Government
(230 Funds)

(230 Funds)

(220 Funds)

(166 Funds)
*Based on risk-adjusted return
Fund Basics
Ticker CRANX
Inception 3/2/07
Dividends Monthly
Benchmark Bloomberg Barclays Intermediate U.S. Aggregate
Expense Ratio 0.45%
Month-End Data as of 2/28/18
NAV $10.33
Distribution 0.022066
30-Day SEC Yield 2.71%
Total Fund Assets $2,098,577,544
  YTD 1-YR 5-YR 10-YR Since Inception
CRANX -1.47% 0.61% 1.23% 3.10% 3.36%
Morningstar Category -1.74% -0.67% 0.73% 2.75% N/A
Bloomberg Barclays U.S. Aggregate Bond Index -2.09% 0.51% 1.71% 3.60% 3.92%
Bloomberg Barclays Intermediate U.S. Aggregate Bond Index -1.50% 0.10% 1.39% 3.17% 3.56%
  4Q17 YTD 1-YR 5-YR 10-YR Since Inception
CRANX 0.21% 2.73% 2.73% 1.51% 3.40% 4.31%
Morningstar Category 0.14% 1.58% 1.58% 1.05% 3.18% N/A
Bloomberg Barclays U.S. Aggregate Bond Index 0.46% 3.54% 3.54% 2.10% 4.01% 4.18%

*As of 12/31/17; based on risk-adjusted returns
3-month and YTD returns are not annualized. Performance quoted is past performance and does not guarantee future results. Current performance may be lower or higher than the performance data quoted. An investor’s investment return and principal value will fluctuate, so that your shares when redeemed may be worth more or less than your initial cost. 

Mutual fund investing involves risk including the loss of principal. Bond and bond funds are subject to interest rate risk and will decline in value as interest rates rise. The Fund is non-diversified.

Carefully consider the risks, investment objectives, charges and expenses of the Fund before investing. The prospectus contains this and other important information. The prospectus is available via the link above. Please read the prospectus carefully before investing.  The CRA Qualified Investment Fund is distributed by SEI Investments Distribution Co. (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Community Capital Management or any other affiliate.

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