PERFORMANCE Average Annual Returns (%) for Period Ended 12/31/2014
  QTR YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE
INCEPTION
INCEPTION
DATE
A Shares (NAV) 5.38 11.80 11.80 18.12 13.74 5.82 4.78 4/15/1998
Russell 1000 Index 4.88 13.24 13.24 20.62 15.64 7.96 5.94  
Lipper Large-Cap Core Funds Average 4.27 11.32 11.32 19.12 13.90 7.05 5.35  
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. Index reflects no deductions for fees or expenses. An investor cannot invest directly in an index. Visit www.calvert.com to obtain performance data current to the most recent month-end. Returns for periods of less than one year are not annualized.
Characteristics
  December 31, 2014
  Portfolio Benchmark
Number of Holdings 38 1,043
W. Avg Cap. (mils) $117,673.0 $117,021.7
W. Median Cap (mils) $48,158.6 $60,837.7
P/E 1-year trailing 16.1 18.6
P/E 1-year forward 15.4 17.7
EPS Growth, past 3 years 16.0% 13.9%
EPS Growth, next 3 - 5 years 9.8% 11.7%
Price to Book 2.9 2.8
Price to Sales 1.6 0.1
Dividend Yield 1.9% 1.8%
Active Share 88.2% N/A
September 30, 2014
Portfolio Benchmark
37 1,032
$114,912.9 $115,357.7
$45,163.4 $57,802.4
15.8 18.9
14.8 16.9
16.1% 12.8%
9.7% 12.2%
2.8 2.7
1.5 1.7
1.9% 1.9%
88.6% N/A
December 31, 2013
Portfolio Benchmark
40 1,015
$94,000.3 $101,057.4
$43,175.7 $52,116.1
15.8 18.2
15.1 17.1
14.8% 12.6%
11.3% 12.1%
2.6 2.7
1.5 1.6
1.8% 1.9%
89.3% N/A
Returns Based Statistics (3 Year)
  December 31, 2014
  Portfolio Benchmark
Average Annual Return 18.12% 20.62%
Standard Deviation 9.34% 9.25%
Beta vs. Market 0.97 1.00
Excess Return -2.50% 0.00%
R-Squared 92.09% 100.00%
Tracking Error 2.64% 0.00%
Information Ratio -0.95 0.00
Sharpe Ratio 1.93 2.22
September 30, 2014
Portfolio Benchmark
19.46% 23.23%
9.99% 10.78%
0.90 1.00
-3.77% 0.00%
93.48% 100.00%
2.79% 0.00%
-1.35 0.00
1.94 2.15
December 31, 2013
Portfolio Benchmark
14.64% 16.30%
10.95% 12.43%
0.86 1.00
-1.66% 0.00%
95.07% 100.00%
3.00% 0.00%
-0.55 0.00
1.33 1.31
Sector Weights / Percentage of Holdings (ex-cash)
  December 31, 2014
  Portfolio Benchmark + / -
Consumer Disc. 17.07% 12.71% 4.36%
Consumer Staples 8.54% 8.98% -0.44%
Energy 4.88% 7.84% -2.95%
Financials 15.60% 17.44% -1.84%
Health Care 24.41% 13.95% 10.46%
Industrials 13.73% 11.16% 2.56%
Information Tech 15.25% 19.04% -3.79%
Materials 0.00% 3.54% -3.54%
Telecomm Services 0.51% 2.11% -1.60%
Utilities 0.00% 3.22% -3.22%
September 30, 2014
Portfolio Benchmark + / -
16.71% 12.32% 4.39%
8.05% 8.73% -0.67%
7.14% 9.21% -2.07%
15.48% 16.97% -1.49%
23.49% 13.58% 9.91%
13.29% 11.02% 2.27%
15.31% 19.05% -3.74%
0.00% 3.78% -3.78%
0.53% 2.33% -1.80%
0.00% 3.01% -3.01%
December 31, 2013
Portfolio Benchmark + / -
18.64% 13.37% 5.28%
8.89% 8.96% -0.07%
5.74% 9.62% -3.88%
19.07% 16.92% 2.15%
17.45% 12.57% 4.88%
10.89% 11.48% -0.58%
16.28% 18.20% -1.92%
0.00% 3.73% -3.73%
3.04% 2.23% 0.81%
0.00% 2.93% -2.93%
Top Ten Holdings / Percentage of Net Assets
December 31, 2014
APPLE INC 6.17%
JOHNSON + JOHNSON 4.69%
WELLS FARGO + CO 4.66%
AMGEN INC 4.53%
FEDEX CORP 4.04%
MEDTRONIC INC 4.03%
MCKESSON CORP 3.87%
DIRECTV 3.61%
TIME WARNER CABLE 3.56%
CAPITAL ONE FINANCIAL CORP 3.53%
Total 42.69%
September 30, 2014
APPLE INC 6.39%
JOHNSON + JOHNSON 4.67%
WELLS FARGO + CO 4.31%
AMGEN INC 3.91%
FEDEX CORP 3.67%
MCKESSON CORP 3.54%
DIRECTV 3.52%
CAPITAL ONE FINANCIAL CORP 3.41%
MEDTRONIC INC 3.38%
TIME WARNER CABLE 3.28%
Total 40.08%
December 31, 2013
APPLE INC 5.67%
JOHNSON + JOHNSON 4.07%
WELLS FARGO + CO 4.04%
CVS CAREMARK CORP 3.66%
CISCO SYSTEMS INC 3.36%
FEDEX CORP 3.22%
CAPITAL ONE FINANCIAL CORP 3.22%
DIRECTV 3.21%
DANAHER CORP 3.18%
AMGEN INC 3.14%
Total 36.77%
PERFORMANCE ATTRIBUTIONRelative to the Russell 1000 Index for the quarter ending 12/31/2014
Performance Attribution Chart
Latest Quarter Attribution

Sector
Portfolio
Average Weight
Benchmark
Average Weight
Portfolio
Return
Benchmark
Return
Sector
Selection
Stock
Selection
Total
Effect
Health Care 24.44% 13.94% 7.98% 7.84% 0.30% 0.04% 0.34%
Consumer Disc. 16.64% 12.38% 6.50% 8.43% 0.14% -0.32% -0.18%
Financials 15.48% 17.23% 5.66% 7.41% -0.04% -0.28% -0.31%
Information Tech 15.34% 19.00% 11.19% 4.92% -0.00% 0.94% 0.94%
Industrials 13.63% 11.13% 7.70% 6.73% 0.05% 0.11% 0.16%
Consumer Staples 8.33% 8.97% 12.41% 8.29% -0.02% 0.33% 0.30%
Energy 5.64% 8.33% -28.75% -12.22% 0.46% -1.23% -0.77%
Telecomm Services 0.51% 2.24% 1.77% -4.24% 0.16% 0.03% 0.18%
Utilities 0.00% 3.16% 0.00% 12.67% -0.23% 0.00% -0.23%
Materials 0.00% 3.62% 0.00% -1.12% 0.22% 0.00% 0.22%
Total 100.00% 100.00% 5.54% 4.88% 1.03% -0.38% 0.66%
Top 10 Stock Contributors to Relative Return
Company Sector Impact
Medtronic, Inc. Health Care 0.43%
Amgen Inc. Health Care 0.35%
CVS Health Corporation Consumer Staples 0.24%
Western Union Company Information Tech 0.23%
Becton, Dickinson and Company Health Care 0.22%
Apple Inc. Information Tech 0.21%
Omnicom Group Inc Consumer Disc. 0.20%
Time Warner Inc. Consumer Disc. 0.19%
Kimberly-Clark Corporation Consumer Staples 0.19%
DST Systems, Inc. Information Tech 0.18%
Top 3 Sector Contributors to Relative Return
Sector Relative Weight Impact
Energy Underweight 0.46%
Health Care Overweight 0.30%
Materials Underweight 0.22%
 
Top 5 Stock Contributors to Absolute Return
Stock Name Sector Contribution
Apple Inc. Information Tech 0.68%
Medtronic, Inc. Health Care 0.67%
Amgen Inc. Health Care 0.64%
CVS Health Corporation Consumer Staples 0.42%
Western Union Company Information Tech 0.39%
Bottom 10 Stock Contributors to Relative Return
Company Sector Impact
Denbury Resources Inc. Energy -1.43%
National Oilwell Varco, Inc. Energy -0.50%
Exterran Holdings, Inc. Energy -0.31%
Roche Holding Ltd Sponsored ADR Health Care -0.26%
Johnson & Johnson Health Care -0.22%
Dover Corporation Industrials -0.19%
DIRECTV Consumer Disc. -0.17%
Capital One Financial Corporation Financials -0.13%
Visa Inc. Class A Information Tech -0.09%
Viacom Inc. Class B Consumer Disc. -0.08%
Bottom 3 Sector Contributors to Relative Return
Sector Relative Weight Impact
Utilities Underweight -0.23%
Financials Underweight -0.04%
Consumer Staples Underweight -0.02%
 
Bottom 5 Stock Contributors to Absolute Return
Stock Name Sector Contribution
Denbury Resources Inc. Energy -1.34%
National Oilwell Varco, Inc. Energy -0.33%
Exterran Holdings, Inc. Energy -0.27%
Roche Holding Ltd Sponsored ADR Health Care -0.15%
Dover Corporation Industrials -0.13%
PERFORMANCE ATTRIBUTIONRelative to the Russell 1000 Index for the period ending 12/31/2014
Performance Attribution Chart
1-Year Attribution

Sector
Portfolio
Average Weight
Benchmark
Average Weight
Portfolio
Return
Benchmark
Return
Sector
Selection
Stock
Selection
Total
Effect
Health Care 21.35% 13.28% 22.58% 25.68% 0.89% -0.61% 0.29%
Consumer Disc. 18.04% 12.63% 11.27% 9.86% -0.23% 0.26% 0.03%
Financials 17.45% 17.03% 12.61% 15.04% -0.08% -0.34% -0.42%
Information Tech 16.09% 18.51% 22.94% 18.66% -0.13% 0.53% 0.41%
Industrials 12.12% 11.25% 10.25% 8.96% 0.03% 0.09% 0.12%
Consumer Staples 7.98% 8.83% 18.04% 16.05% -0.05% 0.26% 0.22%
Energy 5.59% 9.39% -25.09% -8.50% 0.72% -1.12% -0.40%
Telecomm Services 1.39% 2.27% -6.70% 2.09% 0.06% -0.12% -0.06%
Utilities 0.00% 3.07% 0.00% 27.31% -0.39% 0.00% -0.39%
Materials 0.00% 3.74% 0.00% 6.85% 0.21% 0.00% 0.21%
Total 100.00% 100.00% 13.25% 13.24% 1.04% -1.03% 0.01%
Top 10 Stock Contributors to Relative Return
Company Sector Impact
Apple Inc. Information Tech 1.00%
Amgen Inc. Health Care 0.89%
Exxon Mobil Corporation Energy 0.42%
Medtronic, Inc. Health Care 0.40%
DIRECTV Consumer Disc. 0.40%
Time Warner Inc. Consumer Disc. 0.40%
McKesson Corporation Health Care 0.37%
CVS Health Corporation Consumer Staples 0.33%
Cisco Systems, Inc. Information Tech 0.32%
Exterran Holdings, Inc. Energy 0.32%
Top 3 Sector Contributors to Relative Return
Sector Relative Weight Impact
Health Care Overweight 0.89%
Energy Underweight 0.72%
Materials Underweight 0.21%
 
Top 5 Stock Contributors to Absolute Return
Stock Name Sector Contribution
Apple Inc. Information Tech 2.56%
Amgen Inc. Health Care 1.53%
DIRECTV Consumer Disc. 0.93%
Wells Fargo & Company Financials 0.89%
Medtronic, Inc. Health Care 0.86%
Bottom 10 Stock Contributors to Relative Return
Company Sector Impact
Denbury Resources Inc. Energy -1.97%
National Oilwell Varco, Inc. Energy -0.50%
Viacom Inc. Class B Consumer Disc. -0.47%
Target Corporation Consumer Disc. -0.46%
CA, Inc. Information Tech -0.44%
Credit Suisse Group AG Sponsored ADR Financials -0.34%
Dover Corporation Industrials -0.29%
Toyota Motor Corp. Sponsored ADR Consumer Disc. -0.24%
Roche Holding Ltd Sponsored ADR Health Care -0.23%
St. Jude Medical, Inc. Health Care -0.23%
Bottom 3 Sector Contributors to Relative Return
Sector Relative Weight Impact
Utilities Underweight -0.39%
Consumer Disc. Overweight -0.23%
Information Tech Underweight -0.13%
 
Bottom 5 Stock Contributors to Absolute Return
Stock Name Sector Contribution
Denbury Resources Inc. Energy -1.66%
National Oilwell Varco, Inc. Energy -0.33%
Viacom Inc. Class B Consumer Disc. -0.31%
CA, Inc. Information Tech -0.30%
Target Corporation Consumer Disc. -0.22%

Investment in mutual funds involves risk, including possible loss of principal invested. You could lose money on your investment in the Fund or the Fund could underperform because of the following risks: the market prices of stocks held by the Fund may fall; individual investments of the Fund may not perform as expected; and/or the Fund's portfolio management practices may not achieve the desired result. In addition, large-cap companies may be unable to respond quickly to new competitive challenges, such as changes in technology, and also may not be able to attain the high growth rate of successful smaller companies, especially during periods of economic expansion.

G200ATT FOR INSTITUTIONAL INVESTOR AND BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION.

Calvert mutual funds are underwritten and distributed by Calvert Investment Distributors, Inc., member, FINRA, and subsidiary of Calvert Investments, Inc. 800.368.2748

Calvert Investment Management, Inc. serves as the investment advisor and provides sustainability research for the Calvert mutual funds and institutional investment strategies.

This site intended for citizens and permanent residents of the United States of America.