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Trending ETFs

Calvert Balanced Fund

mutual fund
CSGCX
Payout Change
Pending
Price as of:
$45.37 +0.08 +0.18%
primary theme
U.S. Balanced Allocation
CSGCX (Mutual Fund)

Calvert Balanced Fund

Payout Change
Pending
Price as of:
$45.37 +0.08 +0.18%
primary theme
U.S. Balanced Allocation
CSGCX (Mutual Fund)

Calvert Balanced Fund

Payout Change
Pending
Price as of:
$45.37 +0.08 +0.18%
primary theme
U.S. Balanced Allocation

Name

As of 12/06/2024

Price

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

Calvert Balanced Fund

CSGCX | Fund

$45.37

$1.21 B

0.73%

$0.33

1.68%

Vitals

YTD Return

21.0%

1 yr return

24.6%

3 Yr Avg Return

5.8%

5 Yr Avg Return

9.2%

Net Assets

$1.21 B

Holdings in Top 10

33.9%

52 WEEK LOW AND HIGH

$45.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.68%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 95.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/06/2024

Price

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

Calvert Balanced Fund

CSGCX | Fund

$45.37

$1.21 B

0.73%

$0.33

1.68%

CSGCX - Profile

Distributions

  • YTD Total Return 21.0%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 9.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.03%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Calvert Balanced Fund
  • Fund Family Name
    Calvert Investments
  • Inception Date
    Jun 29, 1998
  • Shares Outstanding
    1673313
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Vishal Khanduja

Fund Description

The Fund seeks to achieve its investment objective by allocating assets between common stocks and fixed-income securities. Under normal market conditions, the Fund invests between 50% and 75% of its net assets in equity securities and between 25% and 50% of its net assets in fixed-income securities. Stock investments are primarily common stock of large-cap companies. Fixed-income investments are primarily a wide variety of investment grade debt securities, such as corporate debt securities, mortgage-backed securities (“MBS”) (including commercial mortgage-backed securities and collateralized mortgage obligations (“CMOs”)), and other asset-backed securities (“ABS”). An investment grade debt security is rated BBB- or higher by S&P Global Ratings (“S&P”) or an equivalent rating by another nationally recognized statistical rating organization (“NRSRO”), including Moody’s Investors Service, Inc. (“Moody’s”) or Fitch Ratings (“Fitch”), or Kroll Bond Rating Agency, LLC (“Kroll”) for securitized debt instruments only (such as ABS and MBS), or if unrated, determined by the investment adviser to be of comparable credit quality. The Fund may invest up to 15% of its net assets in debt securities rated below investment grade (rated below BBB- by S&P or Fitch, or below Baa3 by Moody’s, or below BBB- by Kroll for securitized debt instruments) and in unrated debt securities determined by the Adviser to be of below investment grade quality (“junk bonds”). For purposes of rating restrictions, if securities are rated differently by two or more rating agencies, the highest rating is used. The Fund invests in debt and mortgage-backed securities issued by government-sponsored enterprises (“GSEs”) such as the Federal National Mortgage Association (“FNMA”) and the Federal Home Loan Mortgage Corporation (“FHLMC”). The Fund may also invest in publicly-traded real estate investment trusts (“REITs”).

The Fund invests in a combination of stocks, bonds and money market instruments in an attempt to provide a complete investment portfolio in a single product. The investment adviser monitors the Fund’s allocation and may rebalance or reallocate the Fund’s assets based on its view of economic and market factors and events.  The equity portion of the Fund is primarily a large cap U.S. portfolio, although the Fund may also invest in foreign stocks (including American Depositary Receipts (“ADRs”), which are either sponsored or unsponsored, and Global Depositary Receipts (“GDRs”)) and small- and mid-cap stocks. Stocks are selected primarily on the basis of fundamental research, utilizing the information provided by, and the expertise of, the investment adviser’s research staff and consideration of the responsible investing criteria described below. The portfolio manager may sell a security when he believes it is fully valued, the fundamentals of a company deteriorate, or to pursue alternative investment options. A security will also be sold (in accordance with the investment adviser’s guidelines and at a time and in a manner that is determined to be in the best interests of shareholders) if the investment adviser determines that the issuer does not operate in a manner consistent with the Fund’s responsible investment criteria.

Investment decisions for the fixed-income portion of the Fund are made primarily on the basis of fundamental and quantitative research conducted by the investment adviser’s research staff and consideration of the responsible investing criteria described below. Management of the Fund involves consideration of numerous factors (such as quality of business franchises, financial strength, management quality and security structural and collateral considerations). The portfolio managers may sell a security when the investment adviser’s price objective is reached, the fundamentals of the investment change or to pursue more attractive investment options. A security will also be sold (in accordance with the investment adviser’s guidelines and at a time and in a manner that is determined to be in the best interests of shareholders) if the investment adviser determines that the issuer does not operate in a manner consistent with the Fund’s responsible investment criteria.  The portfolio managers may also use rotation and absolute return strategies in their management of the fixed-income portion of the Fund.  The investment adviser manages duration and any hedging of interest rate risk in the fixed-income portion of the Fund through the purchase and sale of U.S. Treasury securities and related futures contracts.  This Fund does not have a specific target for its average fund duration and may invest in bonds and other fixed-income instruments of any maturity.

Incidental to its main investment strategy, the Fund may also use derivatives as a substitute for direct investment in a particular asset class, in order to facilitate the periodic rebalancing of the Fund’s portfolio to maintain its target asset allocation, to make tactical asset allocations, to hedge foreign currency exposure, and to assist in managing cash.  The Fund may also lend its securities.  

Responsible Investing. The 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 Fund generally invests 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.

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CSGCX - Performance

Return Ranking - Trailing

Period CSGCX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.0% -2.1% 85.1% 4.25%
1 Yr 24.6% -0.7% 90.1% 7.18%
3 Yr 5.8%* -3.5% 23.8% 17.69%
5 Yr 9.2%* -2.3% 23.8% 18.74%
10 Yr 7.5%* 1.2% 14.1% 27.83%

* Annualized

Return Ranking - Calendar

Period CSGCX Return Category Return Low Category Return High Rank in Category (%)
2023 13.3% -12.2% 23.9% 17.82%
2022 -17.3% -34.7% 2.8% 38.47%
2021 5.8% -11.9% 18.1% 45.22%
2020 12.5% -20.9% 39.7% 12.44%
2019 19.3% 0.8% 25.7% 4.66%

Total Return Ranking - Trailing

Period CSGCX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.0% -2.1% 85.1% 4.25%
1 Yr 24.6% -0.7% 90.1% 7.18%
3 Yr 5.8%* -3.5% 23.8% 17.69%
5 Yr 9.2%* -2.3% 23.8% 18.74%
10 Yr 7.5%* 1.2% 14.1% 27.83%

* Annualized

Total Return Ranking - Calendar

Period CSGCX Return Category Return Low Category Return High Rank in Category (%)
2023 15.5% -12.2% 26.8% 27.39%
2022 -15.9% -29.0% 10.9% 68.56%
2021 13.4% -3.0% 27.3% 48.15%
2020 14.6% -19.5% 40.6% 32.79%
2019 22.8% 2.2% 32.7% 11.81%

NAV & Total Return History


CSGCX - Holdings

Concentration Analysis

CSGCX Category Low Category High CSGCX % Rank
Net Assets 1.21 B 861 K 235 B 47.22%
Number of Holdings 551 2 16143 22.09%
Net Assets in Top 10 457 M 859 K 66.9 B 52.43%
Weighting of Top 10 33.88% 10.8% 122.7% 63.48%

Top 10 Holdings

  1. Microsoft Corp 5.26%
  2. Apple Inc 4.57%
  3. Uniform Mortgage-Backed Security, TBA 4.29%
  4. NVIDIA Corp 4.10%
  5. Morgan Stanley Institutional Liquidity Funds - Government Portfolio 3.59%
  6. Alphabet Inc 3.00%
  7. Amazon.com Inc 2.93%
  8. Uniform Mortgage-Backed Security, TBA 2.76%
  9. Broadcom Inc 1.85%
  10. Eli Lilly Co 1.53%

Asset Allocation

Weighting Return Low Return High CSGCX % Rank
Stocks
64.51% 0.00% 100.10% 61.86%
Bonds
32.39% 0.00% 75.29% 27.10%
Cash
6.03% -7.92% 100.00% 17.08%
Other
4.70% -42.55% 113.97% 7.07%
Convertible Bonds
1.01% 0.00% 23.84% 24.04%
Preferred Stocks
0.11% 0.00% 24.59% 17.23%

Stock Sector Breakdown

Weighting Return Low Return High CSGCX % Rank
Technology
23.35% 0.00% 44.21% 19.35%
Healthcare
15.55% 0.00% 29.35% 18.01%
Financial Services
12.25% 0.00% 38.77% 81.10%
Industrials
10.23% 0.00% 24.37% 48.36%
Consumer Cyclical
9.79% 0.00% 19.36% 49.55%
Communication Services
8.50% 0.00% 38.10% 20.68%
Consumer Defense
8.13% 0.00% 15.14% 20.98%
Utilities
3.62% 0.00% 99.55% 29.02%
Real Estate
3.44% 0.00% 65.01% 45.98%
Energy
2.81% 0.00% 85.65% 86.01%
Basic Materials
2.32% 0.00% 25.57% 81.10%

Stock Geographic Breakdown

Weighting Return Low Return High CSGCX % Rank
US
64.51% 0.00% 100.10% 56.85%
Non US
0.00% 0.00% 42.80% 98.97%

Bond Sector Breakdown

Weighting Return Low Return High CSGCX % Rank
Corporate
35.10% 0.00% 98.21% 39.17%
Securitized
33.72% 0.00% 92.13% 9.50%
Government
24.63% 0.00% 97.26% 62.76%
Cash & Equivalents
6.03% 0.00% 99.92% 17.08%
Municipal
2.70% 0.00% 24.80% 6.68%
Derivative
0.00% -4.58% 41.29% 23.56%

Bond Geographic Breakdown

Weighting Return Low Return High CSGCX % Rank
US
32.38% 0.00% 75.29% 26.36%
Non US
0.02% 0.00% 15.37% 14.87%

CSGCX - Expenses

Operational Fees

CSGCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.68% 0.03% 27.98% 18.59%
Management Fee 0.51% 0.00% 1.83% 60.09%
12b-1 Fee 1.00% 0.00% 1.00% 100.00%
Administrative Fee 0.12% 0.01% 0.83% 59.46%

Sales Fees

CSGCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 100.00%

Trading Fees

CSGCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% 48.05%

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.

CSGCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 95.00% 0.83% 343.00% 83.94%

CSGCX - Distributions

Dividend Yield Analysis

CSGCX Category Low Category High CSGCX % Rank
Dividend Yield 0.73% 0.00% 17.90% 68.27%

Dividend Distribution Analysis

CSGCX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Quarterly

Net Income Ratio Analysis

CSGCX Category Low Category High CSGCX % Rank
Net Income Ratio -0.03% -2.34% 13.92% 93.10%

Capital Gain Distribution Analysis

CSGCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

CSGCX - Fund Manager Analysis

Managers

Vishal Khanduja


Start Date

Tenure

Tenure Rank

Jan 31, 2013

9.33

9.3%

Vishal Khanduja is a vice president and portfolio manager for Calvert Research and Management, a wholly owned subsidiary of Eaton Vance Management specializing in responsible and sustainable investing across global capital markets. He joined Calvert Research and Management in 2016. Vishal began his career in the investment management industry in 2005. He has been affiliated with the Eaton Vance organization since 2016. Before joining the Eaton Vance organization, he was a senior vice president, portfolio manager and head of taxable fixed income for Calvert Investments. Previously, he was a vice president and portfolio manager at Columbia Threadneedle and associate director of fixed-income analytics at Galliard Capital. Vishal earned a bachelor of engineering from VJTI, Mumbai, India and an MBA from the Tippie School of Management at the University of Iowa. He is a member of the CFA Institute and the CFA Society of Boston. He is a CFA charterholder.

Brian Ellis


Start Date

Tenure

Tenure Rank

Nov 16, 2015

6.54

6.5%

Brian Ellis is a vice president and portfolio manager for Calvert Research and Management, a wholly owned subsidiary of Eaton Vance Management specializing in responsible and sustainable investing across global capital markets. He joined Calvert Research and Management in 2016. Brian began his career in the investment management industry in 2006. He has been affiliated with the Eaton Vance organization since 2016. Before joining the Eaton Vance organization, he was a portfolio manager of fixed-income strategies for Calvert Investments. Previously, he was a software engineer and analyst at Legg Mason Capital Management (now ClearBridge Investments). Brian earned a B.S. in finance from Salisbury University. He is a CFA charterholder and an FSA credential holder. He is a member of the CFA Institute and the CFA Society of Boston.

Charles Gaffney


Start Date

Tenure

Tenure Rank

Dec 31, 2016

5.42

5.4%

Charles Gaffney is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance’s global core team. He is a member of the firm’s Equity Strategy Committee. He joined Eaton Vance in 2003. Charlie began his career in the investment management industry in 1996. Before joining Eaton Vance, he was affiliated with Brown Brothers Harriman as a sector portfolio manager and Morgan Stanley Dean Witter as a senior equity analyst. Charlie earned a B.A. from Bowdoin College in 1995 and an MBA from Fordham University in 2002.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.39 2.41