| RISK MEASURES (3-Year)As of 3/31/2013 |
| |
PORTFOLIO |
BENCHMARK |
| STANDARD DEVIATION |
19.79% |
20.65% |
| ALPHA |
3.03% |
0.00% |
| BETA |
0.94 |
1.00 |
| EXCESS RETURN |
2.48% |
0.00% |
| R-SQUARED |
95.67% |
100.00% |
| TRACKING ERROR |
4.32% |
0.00% |
| INFORMATION RATIO |
0.57 |
0.00 |
| SHARPE RATIO |
0.87 |
0.71 |
Source: Zephyr StyleAdvisor using MorningstarTM and/or Lipper data.
| MARKET CAPITALIZATIONAs of 3/31/2013 ($ Millions) |
| |
PORTFOLIO |
BENCHMARK |
| Weighted Average |
2,118.1 |
1,535.3 |
| Median |
1,805.1 |
520.6 |
| Weighted Median |
1,952.7 |
1,364.8 |
Source: Analysis performed by FactSet.
| TOP HOLDINGSAs of 3/31/2013 |
| Holding |
% of Net Assets |
| GEOSPACE TECHNOLOGIES CORP |
3.05% |
| GENESCO INC |
2.81% |
| GEO GROUP INC/THE |
2.25% |
| SIRONA DENTAL SYSTEMS INC |
1.78% |
| AXIALL CORP |
1.78% |
| VITAMIN SHOPPE INC |
1.74% |
| BALLY TECHNOLOGIES INC |
1.73% |
| SHFL ENTERTAINMENT INC |
1.68% |
| OASIS PETROLEUM INC |
1.64% |
| TEXAS INDUSTRIES INC |
1.61% |
| Total |
20.06% |
The Fund may or may not still invest in, and no action is recommended
on, companies listed. For the most recently available information on the Fund's
holdings, visit
www.calvert.com.
| ASSET ALLOCATION% of assets as of 3/31/2013 |
| |
Equity |
Fixed Income |
Cash |
|
Calvert VP Small Cap Growth Portfolio
|
99.63%
|
0.00%
|
0.37%
|
Source: State Street Bank & Trust Company
| VALUATIONKey Portfolio Statistics as of 3/31/2013 |
| |
1 YEAR P/E |
3 YEAR EPS GROWTH |
RETURN ON
EQUITY |
PRICE TO
CASH FLOW |
PRICE TO
BOOK |
Dividend
Yield |
| PROJECTED |
TRAILING |
PROJECTED |
TRAILING |
| Calvert VP Small Cap Growth Portfolio |
17.7 |
21.2 |
17.8% |
39.8% |
9.9% |
13.0 |
2.7 |
0.5 |
| Russell 2000 Growth Index |
18.6 |
17.0 |
18.1% |
23.9% |
11.8% |
11.9 |
3.6 |
0.7 |
Source: Analysis performed by FactSet.
|
PERFORMANCE
Average Annual Returns (%) for Period Ended 3/31/2013
|
| |
QTR |
YTD |
1 YEAR |
3 YEARS |
5 YEARS |
10 YEARS |
SINCE
INCEPTION |
INCEPTION
DATE |
|
Portfolio
|
12.50 |
12.50 |
12.20 |
17.22 |
10.84 |
11.73 |
1.75 |
11/1/1999 |
| Russell 2000 Growth Index |
13.21 |
13.21 |
14.52 |
14.75 |
9.04 |
11.61 |
4.58 |
|
| Lipper VA Small-Cap Growth Funds Index |
11.84 |
11.84 |
10.89 |
12.44 |
6.82 |
n/a |
2.89 |
|
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. The performance does not reflect fees and charges imposed under the variable annuity and life insurance contracts through which an investment may be made. If these fees and charges were included, they would reduce these returns.
| PERFORMANCE ATTRIBUTIONRelative to the Russell 2000 Growth Index for the quarter ending 3/31/2013 |
|
| TOP CONTRIBUTORS BY SECTORQuarter ended 3/31/2013 |
| Sector |
Average Weight |
Return |
Contribution |
| Health Care |
21.17% |
13.53% |
2.91% |
| Industrials |
15.60% |
13.39% |
2.07% |
| Financials |
8.32% |
23.64% |
1.88% |
| Information Technology |
19.69% |
8.96% |
1.79% |
| Energy |
8.57% |
18.82% |
1.56% |
| TOP CONTRIBUTORS BY HOLDINGQuarter ended 3/31/2013 |
| Holding |
Average Weight |
Return |
Contribution |
| Geo Group Inc. |
2.04% |
35.43% |
0.64% |
| Geospace Technologies Corp. |
3.22% |
21.44% |
0.64% |
| Axiall Corp. |
1.57% |
50.78% |
0.63% |
| Trulia Inc. |
1.01% |
93.23% |
0.62% |
| PAREXEL International Corp. |
1.28% |
33.52% |
0.39% |
| BOTTOM CONTRIBUTORS BY SECTORQuarter ended 3/31/2013 |
| Sector |
Average Weight |
Return |
Contribution |
| Telecomm Services |
0.00% |
0.00% |
0.00% |
| Utilities |
0.00% |
0.00% |
0.00% |
| Consumer Staples |
3.02% |
3.94% |
0.11% |
| Consumer Discretionary |
16.62% |
5.53% |
0.97% |
| Materials |
6.99% |
23.11% |
1.53% |
| BOTTOM CONTRIBUTORS BY HOLDINGQuarter ended 3/31/2013 |
| Holding |
Average Weight |
Return |
Contribution |
| Vitamin Shoppe Inc. |
1.94% |
-14.84% |
-0.31% |
| EZchip Semiconductor Ltd. |
0.60% |
-27.03% |
-0.19% |
| Riverbed Technology Inc. |
0.76% |
-24.39% |
-0.19% |
| Fusion-io Inc. |
0.46% |
-28.61% |
-0.16% |
| Fresh Market Inc. |
1.09% |
-11.06% |
-0.14% |
Source: Analysis performed by FactSet.
Equity holdings only.
Return calculation is based on daily holding periods and excludes all fund expenses and trading costs.
Portfolio weight is calculated as the average weight over the quarter.
The performance data quoted represents past
performance, which does not guarantee future results. Current performance may
differ from that shown. The statistical information above is taken from sources
believed to be reliable but cannot be guaranteed as to accuracy.
| 10 BEST PERFORMERS FOR THE QUARTER as of 3/31/2013 |
| Rank |
Company |
Industry |
Return |
| 1 |
Trulia Inc. |
Information Technology |
93.23% |
| 2 |
Angie's List Inc. |
Information Technology |
57.45% |
| 3 |
Seattle Genetics Inc. |
Health Care |
53.06% |
| 4 |
Axiall Corp. |
Materials |
50.78% |
| 5 |
Quality Distribution Inc. |
Industrials |
40.17% |
| 6 |
Redwood Trust Inc. |
Financials |
38.92% |
| 7 |
Geo Group Inc. |
Financials |
35.43% |
| 8 |
PAREXEL International Corp. |
Health Care |
33.52% |
| 9 |
Cash America International Inc. |
Financials |
32.36% |
| 10 |
Air Methods Corp. |
Health Care |
30.77% |
| 10 WORST PERFORMERS FOR THE QUARTER as of 3/31/2013 |
| Rank |
Company |
Industry |
Return |
| 1 |
Fusion-io Inc. |
Information Technology |
-28.61% |
| 2 |
EZchip Semiconductor Ltd. |
Information Technology |
-27.03% |
| 3 |
Riverbed Technology Inc. |
Information Technology |
-24.39% |
| 4 |
Vocera Communications Inc. |
Health Care |
-15.69% |
| 5 |
Orient Express Hotels Ltd. |
Consumer Discretionary |
-15.65% |
| 6 |
Vitamin Shoppe Inc. |
Consumer Discretionary |
-14.84% |
| 7 |
Fresh Market Inc. |
Consumer Staples |
-11.06% |
| 8 |
Monster Worldwide Inc. |
Information Technology |
-9.79% |
| 9 |
Halozyme Therapeutics Inc. |
Health Care |
-9.76% |
| 10 |
Chico's FAS Inc. |
Consumer Discretionary |
-8.72% |
Investment in mutual funds involves risk, including possible loss of principal invested. You could lose money on your investment in the Portfolio or the Portfolio could underperform because of the following risks: the stock market may fall in value, causing prices of stocks held by the Portfolio to fall; individual investments of the Portfolio may not perform as expected; and/or the Portfolio’s portfolio management practices may not achieve the desired result. Prices of small cap stocks can be more volatile than those of larger, more established companies. Small cap companies are more likely to have more limited product lines, fewer capital resources and less depth of management than larger companies.
Holdings are subject to change.
Calvert funds are available at NAV for RIAs and Wrap Programs. Not all funds available at all firms.
|
I800ATT
|
FOR INSTITUTIONAL INVESTOR AND BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. |
