Calvert News & Commentary

Calvert Social Index Announces New Membership List

9/18/2009

Untitled Document

September 18, 2009...Bethesda, MD Today, Calvert released the reconstituted membership list for the Calvert Social Index®.  The new list of holdings will be available on Monday, September 21st.

The annual Calvert Social Index reconstitution is effective at the close of business on Friday, September 18th, 2009. The reconstitution has produced 662 component companies.  The new Index will have an average weighted market capitalization of approximately $64.5 billion, versus $66.0 billion for the current Calvert Social Index and $68.1 billion for the Russell 1000.  As of September 16th, 2009, the four largest sectors in the new Calvert Social Index are Information Technology followed by Financials, Health Care, and Consumer Discretionary.

Calvert Social Index Sector Comparison as of 9/16/2009:

Global Industry Classification
Standard (GICS®)  Sectors

Calvert Social Index

 

Reconstituted

Current

Russell 1000

(%)

(%)

(%)

Consumer Discretionary

10.00

  9.64

 9.99

Consumer Staples

  9.21

  9.33

10.47

Energy

  2.91

  3.08

11.52

Financials

20.85

20.33

15.44

Health Care

13.47

13.90

12.78

Industrials

  7.84

  7.92

10.57

Information Technology

29.63

29.56

18.23

Materials

  1.67

  1.67

  4.06

Telecomm Service

  3.35

  3.52

  3.00

Utilities

  1.08

  1.05

  3.94

Calvert Social Index
Top Ten Holdings as of September 16th, 2009:

Company Name

Ticker

% of Index Holdings

Microsoft Corp.

MSFT

3.27%

JPMorgan Chase & Co.

JPM

2.80%

Johnson & Johnson

JNJ

2.77%

Procter & Gamble Co.

PG

2.72%

AT&T Inc.

T

2.61%

International Business Machines Corp.

IBM

2.57%

Apple Inc.

AAPL

2.54%

Bank of America Corp.

BAC

2.46%

Cisco Systems Inc.

CSCO

2.19%

Wells Fargo & Co.

WFC

2.04%

What is the Calvert Social Index?

Calvert, a leader in sustainable and responsible investing, has created the Calvert Social Index, a broad-based, rigorously constructed benchmark for measuring the performance of US-based sustainable and responsible companies.

How is the Calvert Social Index constructed?

Calvert starts by taking the 1,000 largest companies in the U.S., based on total market capitalization, included in the Dow Jones Total Market Index (the “Dow Jones TMI”).  The Dow Jones TMI represents the top 95% of U.S. companies based on float-adjusted market capitalization, excluding the smallest and least-liquid stocks.  Calvert's Sustainability Research Department then analyzes each company. A sustainability audit is conducted in the following areas: governance and ethics; environment; workplace; product safety and impact; community relations; international operations and human rights; and indigenous peoples’ rights. The stocks that meet the Index’s sustainable and responsible criteria make up the Calvert Social Index.

Click here for more information on our screening criteria. 

About Calvert

Calvert is an investment management company that offers a broad array of mutual funds and separate accounts to institutional investors, retirement plans, and financial intermediaries and their clients. The firm manages over 50 equity, bond, cash, and asset allocation strategies, many of which integrate sustainability and corporate responsibility research as part of their investment mandate. Founded in 1976 and based in Bethesda, Maryland, Calvert manages assets of more than $13.5 billion as of September 15, 2009.



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