Overview

Historical Returns (%) as of Mar 31, 2021

Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund’s current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. The share class has no sales charge.
 

Fund Facts as of Mar 31, 2021

Class I Inception 10/01/2019
Investment Objective Total return
Total Net Assets $45.5M
Minimum Investment $250000
Expense Ratio (Gross)2,3 1.58%
Expense Ratio (Net)2,3 0.95%
CUSIP 131649717
 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

The value of investments held by the Fund may increase or decrease in response to economic, and financial events (whether real, expected or perceived) in the U.S. and global markets. The value of equity securities is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical, currency exchange rates or other conditions. In emerging countries, these risks may be more significant. The Fund generally intends to hold each company in the Calvert Emerging Markets Index located in countries selected for investment, regardless of market conditions or individual investment performance, which could cause the Fund to underperform funds that select individual securities without reference to an index. Because the Fund investments may be concentrated in a particular industry, the Fund share value may fluctuate more than that of a less concentrated fund. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. The Fund is exposed to liquidity risk when trading volume, lack of a market maker or trading partner, large position size, market conditions, or legal restrictions impair its ability to sell particular investments or to sell them at advantageous market prices. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Performance

Historical Returns (%) as of Mar 31, 2021

Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund’s current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. The share class has no sales charge.
 

Calendar Year Returns (%)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Fund at NAV 15.34
MSCI Emerging Markets Index1 -18.42 18.22 -2.60 -2.19 -14.92 11.19 37.28 -14.57 18.42 18.31
 

Fund Facts

Expense Ratio (Gross)2,3 1.58%
Expense Ratio (Net)2,3 0.95%
Class I Inception 10/01/2019
Distribution Frequency Annually
 

NAV History

Date NAV NAV Change
Apr 19, 2021 $13.20 -$0.07
Apr 16, 2021 $13.27 $0.02
Apr 15, 2021 $13.25 $0.11
Apr 14, 2021 $13.14 $0.04
Apr 13, 2021 $13.10 $0.02
Apr 12, 2021 $13.08 -$0.06
Apr 09, 2021 $13.14 -$0.08
Apr 08, 2021 $13.22 $0.11
Apr 07, 2021 $13.11 -$0.14
Apr 06, 2021 $13.25 $0.06
 

Distribution History4

Ex-Date Distribution Reinvest NAV
Dec 29, 2020 $0.01620 $12.42
No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years.
Fund prospectus
 

Capital Gain History4

Ex-Date Short-Term Long-Term Reinvest NAV
Dec 02, 2019 $0.02550 $0.02720 $10.33
No records in this table indicates that there has not been a capital gain greater than .0001 within the past 3 years.
Fund prospectus

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

The value of investments held by the Fund may increase or decrease in response to economic, and financial events (whether real, expected or perceived) in the U.S. and global markets. The value of equity securities is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical, currency exchange rates or other conditions. In emerging countries, these risks may be more significant. The Fund generally intends to hold each company in the Calvert Emerging Markets Index located in countries selected for investment, regardless of market conditions or individual investment performance, which could cause the Fund to underperform funds that select individual securities without reference to an index. Because the Fund investments may be concentrated in a particular industry, the Fund share value may fluctuate more than that of a less concentrated fund. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. The Fund is exposed to liquidity risk when trading volume, lack of a market maker or trading partner, large position size, market conditions, or legal restrictions impair its ability to sell particular investments or to sell them at advantageous market prices. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Portfolio

Asset Mix (%)5 as of Dec 31, 2020

Portfolio Statistics as of Dec 31, 2020

Number of Holdings 340
 

GICS Sector Breakdown (%)5 as of Dec 31, 2020

Assets by Country (%)5 as of Dec 31, 2020

China 28.92
Korea 19.21
Taiwan 14.79
Greece 5.81
Colombia 4.35
United Arab Emirates 3.52
Egypt 3.14
Indonesia 1.96
Mexico 1.82
Cash & Other Assets 14.21
Total 100.00
View All
 

Geographic Mix (%)5 as of Dec 31, 2020

Asia/Pacific 65.98
Europe 6.99
Middle East 6.66
Latin America/Caribbean 6.17
Cash & Other Assets 14.21
Total 100.00
 

Fund Holdings (%)5,6 as of Feb 28, 2021

Holding % of Net Assets
Taiwan Semiconductor Manufacturing Co Ltd 7.37%
Tencent Holdings Ltd 6.64%
Samsung Electronics Co Ltd 5.81%
Alibaba Group Holding Ltd 5.02%
CALVERT CASH RESERVES FUND 4.19%
Chinese Yuan (Hong Kong) 3.67%
Commercial International Bank Egypt SAE 3.03%
Meituan 2.75%
Hellenic Telecommunications Organization SA 1.81%
JD.com Inc 1.71%
View All

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

The value of investments held by the Fund may increase or decrease in response to economic, and financial events (whether real, expected or perceived) in the U.S. and global markets. The value of equity securities is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical, currency exchange rates or other conditions. In emerging countries, these risks may be more significant. The Fund generally intends to hold each company in the Calvert Emerging Markets Index located in countries selected for investment, regardless of market conditions or individual investment performance, which could cause the Fund to underperform funds that select individual securities without reference to an index. Because the Fund investments may be concentrated in a particular industry, the Fund share value may fluctuate more than that of a less concentrated fund. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. The Fund is exposed to liquidity risk when trading volume, lack of a market maker or trading partner, large position size, market conditions, or legal restrictions impair its ability to sell particular investments or to sell them at advantageous market prices. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Management

Marshall L. Stocker, Ph.D., CFA

Vice President, Calvert Research and Management
Joined Calvert Research and Management 2019

Biography

Marshall Stocker is a vice president and portfolio manager for Calvert Research and Management, a wholly owned subsidiary of Eaton Vance Management specializing in responsible and sustainable investing across global capital markets. He joined Calvert Research and Management in 2019.

Marshall began his career in the investment management industry in 1999. He has been affiliated with the Eaton Vance organization since 2013. Before joining the Eaton Vance organization, he served as co-founder and managing member of Emergent Property Advisors, LLC. Previously, Marshall was a portfolio manager with Choate Investment Advisors and Sanderson & Stocker.

Marshall earned a B.S. and an MBA from Cornell University, where he was a Park Leadership Fellow, and a Ph.D. in economics at Universidad Francisco Marroquin. He is also a CFA charterholder and is conversant in German and Arabic. He is a benefactor of the Cato Institute, Foundation for Economic Education and the Atlas Network. In 2017, he became a member of the Mont Pelerin Society.

Marshall's commentary has appeared in The New York Times, The Wall Street Journal, Barron's, Financial Times and The Washington Post and Bloomberg. He has also been featured on Bloomberg Radio, Fox Business News and Nikkei CNBC Japan.

Education
  • B.S. Cornell University
  • M.B.A. Cornell University
  • Ph.D. Universidad Francisco Marroquin

Experience
  • Managed Fund since inception

 

Literature

Literature

Annual Report

Download - Last updated: Sep 30, 2020

Full Prospectus

Download - Last updated: Feb 1, 2021

Q1 Holdings

Download - Last updated: Dec 31, 2020

Q3 Holdings

Download - Last updated: Jun 30, 2020

Holdings - Form N-PORT

Download

Results of Joint Special Meeting of Shareholders of Calvert Funds

Download - Last updated: Feb 23, 2021

Joint Special Meeting of Shareholders of Calvert Funds on February 19, 2021 Will Be A Virtual Meeting

Download - Last updated: Feb 8, 2021

SAI

Download - Last updated: Feb 1, 2021

Semi-Annual Report

Download - Last updated: Mar 31, 2020

Summary Prospectus

Download - Last updated: Feb 1, 2021