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Calvert US Large-Cap Growth Responsible Index Fund
mutual fund
CLGRX
Payout Change
Pending
Price as of:
$66.08
+0.87
+1.33%
primary theme
International Large-Cap Equity
share class
CLGRX (Mutual Fund)
Calvert US Large-Cap Growth Responsible Index Fund
Payout Change
Pending
Price as of:
$66.08
+0.87
+1.33%
primary theme
International Large-Cap Equity
share class
CLGRX (Mutual Fund)
Calvert US Large-Cap Growth Responsible Index Fund
Payout Change
Pending
Price as of:
$66.08
+0.87
+1.33%
primary theme
International Large-Cap Equity
share class
Name
As of 10/08/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
22.5%
1 yr return
35.7%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$628 M
Holdings in Top 10
42.8%
52 WEEK LOW AND HIGH
$65.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.37%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 17.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/08/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CLGRX - Profile
Distributions
- YTD Total Return 22.5%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.98%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameCalvert US Large-Cap Growth Responsible Index Fund
-
Fund Family NameCalvert
-
Inception DateFeb 01, 2022
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMelda Mergen
Fund Description
Calvert US Large-Cap Growth Responsible Index. The Index is composed of the common stocks of large growth companies that operate their businesses in a manner consistent with The Calvert Principles for Responsible Investment (the “Calvert Principles”). Large growth companies are selected from the 1,000 largest publicly traded U.S. companies based on market capitalization and growth style factors, excluding business development companies. The Calvert Principles serve as a framework for considering environmental, social and governance (“ESG”) factors. Stocks are weighted in the Index based on their float-adjusted market capitalization within the relevant sector, subject to certain prescribed limits. The Index is owned by CRM, which also serves as investment adviser to the Fund. Christopher Madden, CFA, Co-Head of Applied Responsible Investment Solutions, and Zi Ye, Index Manager, manage the Index construction process at CRM.
As of December 31, 2023, the Index included 574 companies, and the market capitalization ranged from approximately $1.2 billion to $3.0 billion with a weighted average market capitalization of $901.3 billion. Market capitalizations of companies within the Index are subject to change. The number of companies in the Index will change over time due to CRM’s evaluation of an issuer relative to the Calvert Principles or corporate actions involving companies in the Index. The Index is reconstituted annually and is rebalanced quarterly.
CLGRX - Performance
Return Ranking - Trailing
| Period | CLGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.5% | 20.9% | 20.9% | 100.00% |
| 1 Yr | 35.7% | 34.6% | 34.6% | 100.00% |
| 3 Yr | N/A* | N/A | N/A | 50.00% |
| 5 Yr | N/A* | N/A | N/A | 50.00% |
| 10 Yr | N/A* | N/A | N/A | 50.00% |
* Annualized
Return Ranking - Calendar
| Period | CLGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | N/A | N/A | 46.73% |
| 2022 | N/A | N/A | N/A | 72.49% |
| 2021 | N/A | N/A | N/A | 50.00% |
| 2020 | N/A | N/A | N/A | 100.00% |
| 2019 | N/A | N/A | N/A | 100.00% |
Total Return Ranking - Trailing
| Period | CLGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.5% | 20.9% | 20.9% | 100.00% |
| 1 Yr | 35.7% | 34.6% | 34.6% | 100.00% |
| 3 Yr | N/A* | N/A | N/A | 50.00% |
| 5 Yr | N/A* | N/A | N/A | 50.00% |
| 10 Yr | N/A* | N/A | N/A | 50.00% |
* Annualized
Total Return Ranking - Calendar
| Period | CLGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | N/A | N/A | 47.20% |
| 2022 | N/A | N/A | N/A | 70.11% |
| 2021 | N/A | N/A | N/A | 50.00% |
| 2020 | N/A | N/A | N/A | 100.00% |
| 2019 | N/A | N/A | N/A | 100.00% |
NAV & Total Return History
CLGRX - Holdings
Concentration Analysis
| CLGRX | Category Low | Category High | CLGRX % Rank | |
|---|---|---|---|---|
| Net Assets | 628 M | 628 M | 628 M | 100.00% |
| Number of Holdings | 563 | 563 | 563 | 100.00% |
| Net Assets in Top 10 | 288 M | 288 M | 288 M | 100.00% |
| Weighting of Top 10 | 42.80% | 42.8% | 42.8% | 100.00% |
Top 10 Holdings
- Microsoft Corp 8.31%
- Apple Inc 8.30%
- NVIDIA Corp 7.60%
- Amazon.com Inc 4.89%
- Alphabet Inc 4.77%
- Eli Lilly Co 2.38%
- Broadcom Inc 2.28%
- Tesla Inc 1.75%
- Visa Inc 1.33%
- Mastercard Inc 1.20%
Asset Allocation
| Weighting | Return Low | Return High | CLGRX % Rank | |
|---|---|---|---|---|
| Stocks | 99.94% | 99.94% | 99.94% | 100.00% |
| Convertible Bonds | 2.79% | 2.79% | 2.79% | 100.00% |
| Cash | 0.08% | 0.08% | 0.08% | 100.00% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 100.00% |
| Other | 0.00% | 0.00% | 0.00% | 100.00% |
| Bonds | 0.00% | 0.00% | 0.00% | 100.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CLGRX % Rank | |
|---|---|---|---|---|
| Technology | 21.53% | 21.53% | 21.53% | 100.00% |
| Healthcare | 14.52% | 14.52% | 14.52% | 100.00% |
| Financial Services | 13.38% | 13.38% | 13.38% | 100.00% |
| Communication Services | 9.79% | 9.79% | 9.79% | 100.00% |
| Industrials | 9.68% | 9.68% | 9.68% | 100.00% |
| Consumer Cyclical | 8.89% | 8.89% | 8.89% | 100.00% |
| Consumer Defense | 6.56% | 6.56% | 6.56% | 100.00% |
| Energy | 5.02% | 5.02% | 5.02% | 100.00% |
| Utilities | 4.29% | 4.29% | 4.29% | 100.00% |
| Basic Materials | 4.25% | 4.25% | 4.25% | 100.00% |
| Real Estate | 2.08% | 2.08% | 2.08% | 100.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CLGRX % Rank | |
|---|---|---|---|---|
| US | 99.94% | 99.94% | 99.94% | 100.00% |
| Non US | 0.00% | 0.00% | 0.00% | 100.00% |
CLGRX - Expenses
Operational Fees
| CLGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.37% | 0.37% | 0.37% | 100.00% |
| Management Fee | 0.24% | 0.24% | 0.24% | 100.00% |
| 12b-1 Fee | 0.50% | 0.50% | 0.50% | 100.00% |
| Administrative Fee | N/A | N/A | N/A | 9.31% |
Sales Fees
| CLGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | N/A | N/A | N/A |
| Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
| CLGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
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.
| CLGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 17.00% | 17.00% | 17.00% | 100.00% |
CLGRX - Distributions
Dividend Yield Analysis
| CLGRX | Category Low | Category High | CLGRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.51% | 0.58% | 0.58% | 100.00% |
Dividend Distribution Analysis
| CLGRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| CLGRX | Category Low | Category High | CLGRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.98% | 0.98% | 0.98% | 100.00% |
Capital Gain Distribution Analysis
| CLGRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 14, 2023 | $0.337 | OrdinaryDividend |
| Dec 15, 2022 | $0.267 | OrdinaryDividend |
CLGRX - Fund Manager Analysis
Managers
Melda Mergen
Start Date
Tenure
Tenure Rank
Mar 09, 2016
4.31
4.3%
Melda Mergen is Deputy Global Head of Equities for Columbia Threadneedle Investments. In this role she leads the company’s U.S.-based equity investment team capabilities. She is also co-lead portfolio manager on the Columbia Large Cap Core Strategy. Prior to her current role, Ms. Mergen led the Investment Oversight Team from 2004 to April 2014. Before that, Ms. Mergen was a senior equity quantitative research analyst. Ms. Mergen joined one of the Columbia Threadneedle Investments legacy firms in 1999 and has been a member of the investment community since then. Ms. Mergen received a B.A. in economics from Bogazici University and an MBA from the University of Massachusetts at Amherst. She is a member of the Boston Security Analysts Society and the CFA Institute. In addition, she holds the Chartered Financial Analyst® and Chartered Alternative Investment Analyst designations.
William Davies
Start Date
Tenure
Tenure Rank
Sep 27, 2019
0.76
0.8%
William Davies is Global Head of Equities at Columbia Threadneedle Investments. He took up this role in July 2017 and has overall responsibility for the company’s equity teams. Prior to this, he was Head of Equities, EMEA and headed the Global Equities team. William is the lead manager of the Threadneedle Global Select Fund. William was previously Head of European Equities at the company from 1999 to 2011. He joined Threadneedle Asset Management Limited at the company’s inception in 1994. Before this he worked for Eagle Star Investments1. He has also worked for Hambros Bank as a European Investment Manager where he led the European equity team. William holds a BA (Hons) in Economics from Exeter University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.76 | 4.31 | 2.54 | 4.31 |
