Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
13.9%
1 yr return
18.2%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$386 M
Holdings in Top 10
69.7%
Expense Ratio 0.64%
Front Load N/A
Deferred Load N/A
Turnover 26.00%
Redemption Fee N/A
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Fund is a “fund-of-funds” that seeks to achieve its investment objectives by primarily allocating its assets among underlying Calvert income and equity funds meeting its investment criteria, including the responsible investing criteria described below. The Fund typically invests 50%-80% of its net assets in funds that invest primarily in equity securities and 20% to 50% of its net assets in funds that invest primarily in income securities. The Fund may also invest 0% to 10% of its net assets in cash and short-term money market instruments. The Fund will invest in accordance with a target asset allocation determined by the Adviser. The Fund’s asset allocation strategy incorporates both historical and forward-looking risk and return characteristics of various asset classes and correlations among asset classes to establish allocations intended to provide an optimal level of return for a given level of risk. Historical returns-based analysis and actual holdings data of the target underlying Calvert funds are then integrated to blend the styles of the underlying Calvert funds with the asset allocation policy.
Incidental to its main investment strategy, the Fund may also invest in (1) derivative instruments, including, but not limited to, futures, options and swaps; (2) exchange-traded funds (“ETFs”); and (3) U.S. Treasury securities, including Treasury-Inflation Protected Securities. The Fund will use these instruments to facilitate the periodic rebalancing of the Fund’s portfolio to maintain its target asset allocation, to make tactical asset allocations (including to gain or limit exposure to certain asset classes and/or sectors, and/or to manage duration) and to assist in managing cash. The Fund may also lend its securities.
The above asset allocation percentages are allocation targets; the Fund’s actual allocation may deviate from these targets at any time. The Adviser has discretion to reallocate the Fund’s assets among underlying Calvert funds. The Adviser monitors the Fund’s allocation and may rebalance or reallocate the Fund’s assets (1) based on its view of economic and market factors and events or (2) to adjust for shifts in the style biases of the underlying funds. The Adviser also evaluates any necessary rebalancing to reflect different target asset class allocations based on changed economic and market conditions.
Responsible Investing. In accordance with its asset allocation strategy, the Fund will invest in Calvert income and equity funds that consider responsible investment criteria. The underlying fund portfolio manager(s) seek to invest in companies that manage environmental, social and governance (“ESG”) risk exposures adequately and that are not exposed to excessive ESG risk through their principal business activities. Companies are analyzed by the investment adviser’s ESG analysts utilizing The Calvert Principles for Responsible Investment (“Principles”), a framework for considering ESG factors (a copy of which is included as an appendix to the Fund’s Prospectus). Each company is evaluated relative to an appropriate peer group based on material ESG factors as determined by the investment adviser. Pursuant to the Principles, the investment adviser seeks to identify companies and other issuers that operate in a manner that is consistent with or promotes environmental sustainability and resource efficiency, equitable societies and respect for human rights, and accountable governance and transparency. The underlying funds generally invest in issuers that are believed by the investment adviser to operate in accordance with the Principles and may also invest in issuers that the investment adviser believes are likely to operate in accordance with the Principles pending the investment adviser’s engagement activity with such issuer.
Period | CAMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.9% | -2.2% | 85.5% | 48.97% |
1 Yr | 18.2% | -0.9% | 87.3% | 43.99% |
3 Yr | N/A* | -3.9% | 24.1% | 51.24% |
5 Yr | N/A* | -2.5% | 23.9% | 42.50% |
10 Yr | N/A* | 1.2% | 14.4% | 0.42% |
* Annualized
Period | CAMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.6% | -12.2% | 23.9% | 81.44% |
2022 | N/A | -34.7% | 2.8% | N/A |
2021 | N/A | -11.9% | 18.1% | N/A |
2020 | N/A | -20.9% | 39.7% | N/A |
2019 | N/A | 0.8% | 25.7% | N/A |
Period | CAMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.9% | -2.2% | 85.5% | 48.97% |
1 Yr | 18.2% | -0.9% | 87.3% | 43.99% |
3 Yr | N/A* | -3.9% | 24.1% | 44.99% |
5 Yr | N/A* | -2.5% | 23.9% | 40.42% |
10 Yr | N/A* | 1.2% | 14.4% | 1.46% |
* Annualized
Period | CAMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.1% | -12.2% | 26.8% | 55.82% |
2022 | N/A | -29.0% | 10.9% | N/A |
2021 | N/A | -3.0% | 27.3% | N/A |
2020 | N/A | -19.5% | 40.6% | N/A |
2019 | N/A | 2.2% | 32.7% | N/A |
CAMRX | Category Low | Category High | CAMRX % Rank | |
---|---|---|---|---|
Net Assets | 386 M | 861 K | 235 B | 68.71% |
Number of Holdings | 28 | 2 | 16143 | 59.65% |
Net Assets in Top 10 | 281 M | 859 K | 66.9 B | 60.24% |
Weighting of Top 10 | 69.75% | 10.8% | 122.7% | 46.39% |
Weighting | Return Low | Return High | CAMRX % Rank | |
---|---|---|---|---|
Stocks | 99.27% | 0.00% | 100.10% | 26.51% |
Convertible Bonds | 0.91% | 0.00% | 23.84% | 28.78% |
Cash | 0.74% | -7.92% | 100.00% | 63.33% |
Preferred Stocks | 0.00% | 0.00% | 24.59% | 43.59% |
Bonds | 0.00% | 0.00% | 75.29% | 65.39% |
Other | -0.01% | -42.55% | 113.97% | 91.61% |
Weighting | Return Low | Return High | CAMRX % Rank | |
---|---|---|---|---|
Financial Services | 18.87% | 0.00% | 38.77% | 8.48% |
Technology | 18.09% | 0.00% | 44.21% | 58.04% |
Industrials | 13.70% | 0.00% | 24.37% | 5.36% |
Healthcare | 13.35% | 0.00% | 29.35% | 60.57% |
Consumer Cyclical | 11.89% | 0.00% | 19.36% | 15.92% |
Consumer Defense | 8.81% | 0.00% | 15.14% | 16.82% |
Communication Services | 6.61% | 0.00% | 38.10% | 61.01% |
Basic Materials | 3.61% | 0.00% | 25.57% | 63.69% |
Utilities | 2.61% | 0.00% | 99.55% | 63.39% |
Real Estate | 2.23% | 0.00% | 65.01% | 73.36% |
Energy | 0.24% | 0.00% | 85.65% | 92.86% |
Weighting | Return Low | Return High | CAMRX % Rank | |
---|---|---|---|---|
US | 99.27% | 0.00% | 100.10% | 26.51% |
Non US | 0.00% | 0.00% | 42.80% | 45.36% |
CAMRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.64% | 0.03% | 27.98% | 82.72% |
Management Fee | 0.00% | 0.00% | 1.83% | 4.68% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
CAMRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
CAMRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
CAMRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 0.83% | 343.00% | 32.91% |
CAMRX | Category Low | Category High | CAMRX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.68% | 0.00% | 17.90% | 2.78% |
CAMRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Quarterly | Quarterly | Quarterly |
CAMRX | Category Low | Category High | CAMRX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -2.34% | 13.92% | N/A |
CAMRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 26, 2024 | $0.097 | OrdinaryDividend |
Jun 26, 2024 | $0.102 | OrdinaryDividend |
Mar 26, 2024 | $0.082 | OrdinaryDividend |
Dec 28, 2023 | $0.283 | OrdinaryDividend |
Dec 28, 2023 | $0.849 | CapitalGainLongTerm |
Sep 27, 2023 | $0.105 | OrdinaryDividend |
Jun 28, 2023 | $0.097 | OrdinaryDividend |
Mar 29, 2023 | $0.094 | OrdinaryDividend |
Dec 28, 2022 | $0.250 | OrdinaryDividend |
Sep 28, 2022 | $0.070 | OrdinaryDividend |
Jun 28, 2022 | $0.054 | OrdinaryDividend |
Mar 29, 2022 | $0.038 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Dec 31, 2016
5.42
5.4%
Justin Bourgette is a vice president of Eaton Vance Management, director of global income investment strategy and portfolio manager on Eaton Vance's global income team. He is responsible for buy and sell decisions, portfolio construction and risk management. Justin joined Eaton Vance in 2006. Justin began his career in the investment management industry in 2006. Before joining Eaton Vance, he was affiliated with Investors Financial Services as an analyst in corporate finance and with National Grid, where he worked in business planning and engineering. Justin earned a B.S. from Worcester Polytechnic Institute and an M.S., with high honors, from Boston University. He is a CFA charterholder and a member of Eaton Vance's Asset Allocation Committee.
Start Date
Tenure
Tenure Rank
Nov 12, 2021
0.55
0.6%
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.39 | 2.41 |
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