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Trending ETFs

Calvert Emerging Markets Equity Fund

mutual fund
CVMIX
Payout Change
Pending
Price as of:
$28.47 -2.15 -7.02%
primary theme
Emerging Markets Equity
share class
I (CVMIX) R6 (CVMRX) C (CVMCX) A (CVMAX)
CVMIX (Mutual Fund)

Calvert Emerging Markets Equity Fund

Payout Change
Pending
Price as of:
$28.47 -2.15 -7.02%
primary theme
Emerging Markets Equity
share class
I (CVMIX) R6 (CVMRX) C (CVMCX) A (CVMAX)
CVMIX (Mutual Fund)

Calvert Emerging Markets Equity Fund

Payout Change
Pending
Price as of:
$28.47 -2.15 -7.02%
primary theme
Emerging Markets Equity
share class
I (CVMIX) R6 (CVMRX) C (CVMCX) A (CVMAX)

Name

As of 06/05/2026

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 Emerging Markets Equity Fund

CVMIX | Fund

$28.47

$1.75 B

1.82%

$0.52

1.09%

Vitals

YTD Return

23.7%

1 yr return

49.4%

3 Yr Avg Return

22.2%

5 Yr Avg Return

5.1%

Net Assets

$1.75 B

Holdings in Top 10

48.8%

52 WEEK LOW AND HIGH

$30.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.09%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 36.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/05/2026

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 Emerging Markets Equity Fund

CVMIX | Fund

$28.47

$1.75 B

1.82%

$0.52

1.09%

CVMIX - Profile

Distributions

  • YTD Total Return 23.7%
  • 3 Yr Annualized Total Return 22.2%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.71%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Calvert Emerging Markets Equity Fund
  • Fund Family Name
    Calvert Investments
  • Inception Date
    Oct 29, 2012
  • Shares Outstanding
    139590009
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kunjal Gala

Fund Description

The Fund normally invests at least 80% of its assets, including borrowings for investment purposes, in equity securities of companies located in emerging market countries (the “80% Policy”).  
The investment adviser considers emerging market countries to be those included in the Fund’s benchmark index, the  MSCI Emerging Markets Index; countries determined by the World Bank to have a low to middle income economy; and other countries or markets with similar emerging market characteristics as determined by the investment adviser. A company is considered to be located in an emerging market country if it has a class of securities whose principal securities market is in an emerging market country; is organized under the laws of, or has a principal office in, an emerging market country; derives 50% or more of its total revenues or earnings from goods produced, sales made, or services provided in one or more emerging market countries; or maintains 50% or more of its assets, core business operations and /or employees in one or more emerging market countries.
Equity securities held by the Fund will primarily include common stock, preferred stock, depositary receipts, options on securities, and equity-equivalent securities, such as participation notes (“P-Notes”). The Fund may invest in companies of any market capitalization. Securities of companies located in emerging market countries may include American Depositary Receipts (“ADRs”), which are either sponsored or unsponsored, and Global Depositary Receipts (“GDRs”). The Fund may also invest in securities denominated in foreign currencies and may acquire foreign currency or enter into foreign currency derivatives (including forward foreign currency exchange contracts and currency futures contracts) to seek to hedge foreign currency exposure. Derivatives, such as futures, options on futures, and swaps, may also be held by the Fund incidental to its main investment strategy.
The investment adviser seeks to identify quality companies that are located in attractive emerging market countries. The investment adviser combines a top-down country analysis with a bottom-up fundamental company research, including consideration of the Fund’s responsible investment criteria described below, to identify companies that may potentially contribute to sustainable development. The country analysis includes an assessment of the opportunities and risks for each emerging market country through quantitative and qualitative analysis of economic, political and social fundamentals, valuations and sentiment. The investment adviser’s country framework helps identify attractive countries and contributes—in combination with bottom-up stock opportunities—to the Fund’s exposure to a country in the portfolio. From a bottom-up perspective, the investment adviser identifies quality companies based on fundamental research, which includes meetings with management and company, industry and sector research. Portfolio construction is based on a number of factors, including the level of conviction in the country and company and aggregate portfolio characteristics.
The Fund may sell a security when the company, country or industry fundamentals deteriorate, the target price is reached, other securities are identified to displace a current holding or it does not meet the Fund’s responsible investment criteria. 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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CVMIX - Performance

Return Ranking - Trailing

Period CVMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 23.7% -22.1% 83.3% 40.66%
1 Yr 49.4% -19.9% 189.3% 40.51%
3 Yr 22.2%* -0.8% 58.8% 48.34%
5 Yr 5.1%* -11.8% 22.4% 66.67%
10 Yr 10.1%* 0.5% 20.0% 39.86%

* Annualized

Return Ranking - Calendar

Period CVMIX Return Category Return Low Category Return High Rank in Category (%)
2025 33.6% -39.1% 56.9% 18.14%
2024 5.7% -24.0% 31.7% 37.70%
2023 3.8% -6.5% 35.5% 93.84%
2022 -23.2% -50.1% -2.4% 40.07%
2021 -8.1% -33.1% 22.5% 65.22%

Total Return Ranking - Trailing

Period CVMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 23.7% -22.1% 83.3% 40.66%
1 Yr 49.4% -19.9% 189.3% 40.51%
3 Yr 22.2%* -0.8% 58.8% 48.34%
5 Yr 5.1%* -11.8% 22.4% 66.67%
10 Yr 10.1%* 0.5% 20.0% 39.86%

* Annualized

Total Return Ranking - Calendar

Period CVMIX Return Category Return Low Category Return High Rank in Category (%)
2025 36.7% 0.1% 87.2% 18.77%
2024 6.4% -16.6% 31.7% 52.37%
2023 4.7% -2.5% 42.0% 94.63%
2022 -22.6% -42.2% 1.9% 53.26%
2021 -7.4% -32.5% 33.1% 85.99%

NAV & Total Return History

CVMIX - Holdings

Concentration Analysis

CVMIX Category Low Category High CVMIX % Rank
Net Assets 1.75 B 682 K 162 B 37.54%
Number of Holdings 73 10 7732 70.50%
Net Assets in Top 10 683 M 290 K 47.3 B 32.97%
Weighting of Top 10 48.81% 2.9% 107.6% 11.85%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 16.90%
  2. Samsung Electronics Co Ltd 7.94%
  3. Tencent Holdings Ltd 5.32%
  4. Alibaba Group Holding Ltd 4.00%
  5. Delta Electronics Inc 3.97%
  6. SK hynix Inc 2.93%
  7. ICICI Bank Ltd 2.19%
  8. KB Financial Group Inc 1.91%
  9. HDFC Bank Ltd 1.88%
  10. Morgan Stanley Institutional Liquidity Funds - Government Portfolio 1.76%

Asset Allocation

Weighting Return Low Return High CVMIX % Rank
Stocks 		97.27% 0.00% 102.89% 46.21%
Cash 		1.76% -2.03% 17.54% 46.06%
Preferred Stocks 		1.23% 0.00% 12.21% 39.43%
Other 		0.00% -0.56% 10.07% 29.65%
Convertible Bonds 		0.00% 0.00% 7.40% 6.36%
Bonds 		0.00% 0.00% 138.18% 14.83%

Stock Sector Breakdown

Weighting Return Low Return High CVMIX % Rank
Technology 		28.48% 0.00% 47.50% 16.00%
Financial Services 		21.13% 0.00% 48.86% 55.68%
Consumer Cyclical 		16.14% 0.00% 48.94% 16.48%
Industrials 		11.95% 0.00% 43.53% 9.76%
Communication Services 		8.47% 0.00% 39.29% 53.60%
Healthcare 		6.05% 0.00% 16.53% 24.32%
Consumer Defense 		4.16% 0.00% 25.90% 80.48%
Basic Materials 		3.62% 0.00% 30.03% 83.04%
Utilities 		0.00% 0.00% 39.12% 71.20%
Real Estate 		0.00% 0.00% 17.15% 84.96%
Energy 		0.00% 0.00% 24.80% 88.64%

Stock Geographic Breakdown

Weighting Return Low Return High CVMIX % Rank
Non US 		94.76% 0.00% 100.93% 11.36%
US 		2.51% 0.00% 90.90% 85.17%

CVMIX - Expenses

Operational Fees

CVMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.09% 0.02% 26.99% 65.51%
Management Fee 0.85% 0.00% 1.50% 46.60%
12b-1 Fee N/A 0.00% 1.00% 81.91%
Administrative Fee 0.12% 0.01% 0.85% 66.67%

Sales Fees

CVMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CVMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 18.26%

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.

CVMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 0.00% 189.00% 38.26%

CVMIX - Distributions

Dividend Yield Analysis

CVMIX Category Low Category High CVMIX % Rank
Dividend Yield 1.82% 0.00% 9.74% 78.71%

Dividend Distribution Analysis

CVMIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Quarterly

Net Income Ratio Analysis

CVMIX Category Low Category High CVMIX % Rank
Net Income Ratio 0.71% -1.98% 17.62% 52.20%

Capital Gain Distribution Analysis

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

Distributions History

View More +

CVMIX - Fund Manager Analysis

Managers

Kunjal Gala

Start Date

Tenure

Tenure Rank

Nov 04, 2019

2.57

2.6%

Kunjal Gala is director and co-portfolio manager for Federated Hermes, a subadvisor to Calvert. He joined Federated Hermes in 2012. Kunjal began his career in the investment management industry in 2004. Before joining Federated Hermes, he was assistant director for UK Government Investments (UKGI), focused on managing the UK government's portfolio investments and businesses including strategic advisory and monetization options across various sectors. Previously, he was a senior financial analyst in the investment banking division of Morgan Stanley in India and subsequently London, and worked at Thomas Cook India Limited and PricewaterhouseCoopers (PwC) in India. Kunjal earned a B.Com from the University of Mumbai. He holds the Associate Chartered Accountant (ACA) qualification from the Institute of Chartered Accountants of India and the Certificate in Investment Management (IMC) from the CFA Society UK.

Vivek Bhutoria

Start Date

Tenure

Tenure Rank

Jan 04, 2022

0.4

0.4%

Mr. Bhutoria has been a Senior Analyst (Asia ex-Japan) for the Hermes Emerging Markets team since 2019. Prior to joining Hermes, he was a Senior Analyst with NN Investment Partners (formerly ING Investment Management) in the global emerging equity team from June 2017 to June 2018 and a Vice President with Deutsche Bank, covering emerging markets equities, from 2011 to 2017.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.79 13.42

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