Calvert for Institutional Investors
Variable Insurance Product Holdings

Choose a fund below to view its most recently available holdings information.

Fund
   

Top 10 Holdings for Calvert VP Volatility Managed Moderate Portfolio as of 7/31/2014

Holding Percent of Fund
VANGUARD TOTAL BOND MARKET ETF 20.93%
ISHARES CORE U.S. AGGREGATE BO 20.90%
VANGUARD S+P 500 ETF 15.92%
VANGUARD FTSE DEVELOPED MARKET 6.58%
ISHARES S+P 500 GROWTH ETF 4.67%
ISHARES S+P 500 VALUE ETF 4.64%
ISHARES RUSSELL 2000 ETF 2.80%
SPDR BARCLAYS HIGH YIELD BOND 1.88%
VANGUARD REIT ETF 1.88%
VANGUARD TOTAL INTERNATIONAL S 1.86%
Source: State Street Bank

All Equity Holdings Calvert VP Volatility Managed Moderate Portfolio as of 7/31/2014

Holding
CONSUMER DISCRETIONARY SELECT
CONSUMER STAPLES SELECT SECTOR
FINANCIAL SELECT SECTOR SPDR F
HEALTH CARE SELECT SECTOR SPDR
INDUSTRIAL SELECT SECTOR SPDR
ISHARES CORE S+P MID CAP ETF
ISHARES NORTH AMERICAN NATURAL
ISHARES RUSSELL 2000 ETF
ISHARES S+P 500 GROWTH ETF
ISHARES S+P 500 VALUE ETF
ISHARES S+P MID CAP 400 GROWTH
ISHARES S+P MID CAP 400 VALUE
SPDR BARCLAYS HIGH YIELD BOND
TECHNOLOGY SELECT SECTOR SPDR
VANGUARD FTSE DEVELOPED MARKET
VANGUARD FTSE EMERGING MARKETS
VANGUARD REIT ETF
VANGUARD S+P 500 ETF
VANGUARD SHORT TERM CORPORATE
VANGUARD TOTAL BOND MARKET ETF
VANGUARD TOTAL INTERNATIONAL S
Source: State Street Bank

All Fixed Holdings for Calvert VP Volatility Managed Moderate Portfolio as of 7/31/2014

Holding
ISHARES CORE U.S. AGGREGATE BO - ISHARES CORE U.S. AGGREGATE - 0%
ISHARES TIPS BOND ETF - ISHARES TIPS BOND ETF - 0%
Source: State Street Bank

Additional holdings information is available in each fund’s Annual and Semi-Annual Reports.

For holdings in Calvert Money Market funds, select the following:

Calvert VP Money Market Portfolio

I204 (7/11)

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.

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