Share Class

Share Class

Choose which share class you wish to display on the page.

Calvert Equity Portfolio (CEYIX)

Daily Performance (as of 5/17/2013)
Price $47.12
Price Change $0.45 (0.96%)
YTD Return 13.46%
Fund Facts (as of 5/17/2013)
NASDAQ Symbol CEYIX (I Shares)
Calvert Fund Number 798 (I Shares)
CUSIP Number 131618795 (I Shares)
Assets Under Management $2,703.22 Million

Overview

Fund Management

Calvert Investment Management, Inc.
Atlanta Capital Management Company, LLC

Richard B. England, CFA
Managing Director - Equities, and Principal

Paul J. Marshall, CFA
Vice President, Principal and Portfolio Manager

Top 10 Holdings

Top 10 Equity Holdings

The top 10 companies in which the portfolio invests, measured by a percentage of total investments.

Issues in Portfolio: 111
Click here for all Fund Holdings

Investment Objective

The Fund seeks growth of capital through investment in stocks believed to offer opportunities for potential capital appreciation and which meet the Fund's investment criteria, including financial, sustainability and social responsibility factors.

Investment Strategy

The Fund invests primarily in the common stocks of U.S. large-cap companies, although it may have other investments, including foreign stocks and mid-cap stocks. The Fund defines large-cap companies as those whose market capitalization falls within the range of the S&P 500 Index. Subadvisor Atlanta Capital looks for established companies with a history of steady earnings growth and selects companies based on its opinion that the company has the ability to sustain growth through high profitability and that the stock is favorably priced with respect to those growth expectations. The Fund seeks to invest in companies and other enterprises that demonstrate positive environmental, social and governance performance as they addess corporate responsibility and sustainability challenges.

Investment Risk

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.

Important Disclosure

Holdings are subject to change.

Performance

Select additional indices to display below:

Benchmark Index

Checking this box will compare fund performance to that of its benchmark index.

Lipper Category Index

Checking this box will compare fund performance to that of its Lipper Category Index.
Average Annual Total Returns (%) for period ending 4/30/2013
Share Class YTD QTD 1 yr 3 yrs 5 yrs 10 yrs Since Inception Inception
I Shares (No Charge) 8.96 0.02 10.24 10.69 5.64 7.75 6.42 11/1/1999
Average Annual Total Returns (%) for period ending 3/31/2013
Share Class YTD QTD 1 yr 3 yrs 5 yrs 10 yrs Since Inception Inception
I Shares (No Charge) 8.93 8.93 9.34 11.47 6.83 8.46 6.46 11/1/1999
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.
Portfolio Expenses and Turnover (from Prospectus)
(Performance data quoted above already reflects deduction for portfolio operating expenses)
Expense Ratio
(if no waiver reimbursement in effect)		 Net Expense Ratio
(if waiver reimbursement in effect)		 Gross Expense Ratio
(if waiver reimbursement in effect)		 Fund Turnover
0.68% n/a n/a 36.00%

Hypothetical Growth of $10,000

Yearly Percentage Return

Modern Portfolio Theory Statistics* as of 4/30/2013

  Fund (IShares) S&P 500 Index
  3 yrs 5 yrs 3 yrs 5 yrs
Alpha -1.97% 0.55% 0.00% 0.00%
Beta 1.02 0.99 1.00 1.00
R-Squared 92.64% 94.28% 100.00% 100.00%
Sharpe Ratio 0.67 0.28 0.85 0.26
Standard Deviation 15.85% 19.11% 15.01% 18.83%
Excess Return -2.11% 0.43% 0.00% 0.00%
Information Ratio -0.49 0.09 0.00 0.00
Tracking Error 4.31% 4.58% 0.00% 0.00%
*Source: Zephyr StyleADVISOR using MorningstarTM data


Standard Deviation is a measure of a fund's risk. A standard deviation of 1 means a fund can be expected to produce an annual return that is +/-1% of its average annual return 66% of the time.
Alpha is a measure of the difference between a fund's actual returns and its expected performance, given its level of risk as measured by beta.
Beta is a measure of portfolio risk relative to the market or benchmark. A portfolio beta of 1.0 indicates a risk level equal to that of the fund's benchmark.
Excess Return is return in excess of the risk-free rate or in excess of a benchmark.
R Squared is a statistical measure that represents the percentage of a fund's movements that can be explained by movements in its benchmark index.
Tracking Error is the difference in the return earned by a portfolio and the return earned by the benchmark against which the portfolio is constructed.
Information Ratio is a measure of the consistency of excess return of a mutual fund as compared to its benchmark.
Sharpe Ratio is used to measure risk-adjusted performance. It is calculated by using standard deviation and return in excess of the benchmark to determine reward per unit of risk.

Pricing & Distribution

Most Recent Distributions

I Shares: Without Sales Charge
Date Type Rate Record Date Ex Date Reinvest Date Reinvest Price
12/28/2012 Dividend 0.04066 12/26/2012 12/27/2012 12/27/2012 41.28
12/7/2012 Long Term Gain 0.05463 12/5/2012 12/6/2012 12/6/2012 41.30
12/8/2011 Long Term Gain 1.69753 12/6/2011 12/7/2011 12/7/2011 36.64
12/24/2009 Dividend 0.10936 12/22/2009 12/23/2009 12/23/2009 32.42
12/4/2008 Long Term Gain 1.91650 12/2/2008 12/3/2008 12/3/2008 23.39
12/7/2007 Long Term Gain 2.42771 12/5/2007 12/6/2007 12/6/2007 40.92
12/8/2006 Long Term Gain 1.59346 12/6/2006 12/7/2006 12/7/2006 38.84
12/9/2005 Long Term Gain 0.59211 12/7/2005 12/8/2005 12/8/2005 36.91
12/6/2002 Long Term Gain 0.02431 12/4/2002 12/5/2002 12/5/2002 27.28
12/7/2001 Long Term Gain 0.88308 12/5/2001 12/6/2001 12/6/2001 31.66
12/8/2000 Long Term Gain 1.43991 12/6/2000 12/7/2000 12/7/2000 31.85
12/8/2000 Short Term Gain 0.19164 12/6/2000 12/7/2000 12/7/2000 31.85
12/23/1999 Long Term Gain 1.83110 12/21/1999 12/22/1999 12/22/1999 28.82

Holdings

Top 10 Holdings

Top 10 Equity Holdings

The top 10 companies in which the portfolio invests, measured by a percentage of total investments.

Issues in Portfolio: 111
Click here for all Fund Holdings

Important Disclosure

Holdings are subject to change.

Industry classifications provided by MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed or produced by MSCI.

Management & Commentary

Fund Management

Calvert Investment Management, Inc.

As investment advisor to the Calvert family of funds, Calvert Investment Management, Inc. oversees assets covering a broad range of equity, fixed-income, balanced, and asset allocation funds.

Atlanta Capital Management Company, LLC

Established in 1969, Atlanta Capital Management applies a High-Quality-Growth-Plus process to large cap investing.

Richard B. England, CFA
Managing Director - Equities, and Principal

Paul J. Marshall, CFA
Vice President, Principal and Portfolio Manager

Related Market Outlook

Fees & Minimums

Annual Operating Expenses (deducted from Fund assets)

Description Expense
Management fees 0.600%
Distribution and service (12b-1) fees none
Other expenses 0.070%
Indirect underlying fund expenses 0.010%
Total annual Fund operating expenses 0.680%

Shareholder Fees (fees paid directly from your account)

Description Fee
Maximum sales charge (load) imposed on purchases
(as a percentage of offering price)		 none
Maximum deferred sales charge (load)
(as a percentage of purchase or redemption
proceeds, whichever is lower) 		none
Redemption Fee
(unless otherwise noted in the prospectus the redemption fee applies to redemptions, including exchanges within 30 days of purchase (seven days for Class I and R shares)		 2.00%

Fund Expense Ratios

Description Expense
Expense Ratio
(if no waiver/reimbursement
in effect)		 0.68%
Net Expense Ratio
(if waiver/reimbursement
in effect)		 n/a
Gross Expense Ratio
(if waiver/reimbursement
in effect)		 n/a

Investment Minimums

Description Minimum
Minimum Initial Investment (ClassI) $1,000,000
Minimum Initial Investment for IRA (ClassI) $1,000,000
Minimum Subsequent Investment (ClassI) $250

Important Disclosure

Management fees include the advisory fee paid by the Fund to the Advisor, and the administrative fee paid by the Fund to Calvert Investment Administrative Services, Inc., an affiliate of the Advisor.

Fund literature and resources
Morningstar Style Box™

Morningstar Style

A style box is a graphical representation of a mutual fund's characteristics. Together, the vertical and horizontal axes can be used to classify a mutual fund into one of nine categories.

Large Growth

CEYIX is categorized as: Large Growth

Morningstar Category™

Large Growth

Risk/Return Assessment

Risk/Return Assessment

Demonstrates where the Fund falls on a risk/return spectrum, relative to other Calvert Funds. Funds with more conservative objectives and strategies would fall on the left side of the spectrum, while funds with more aggressive objectives and strategies would appear on the right.

Compared against all Calvert Funds