Overview

Historical Returns (%) as of Sep 30, 2022

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. Performance prior to December 31, 2016 reflects the performance of the Fund’s former adviser, Calvert Investment Management, Inc. Max Sales Charge: 1%.
 

Fund Facts as of Oct 31, 2022

Class C Inception 03/01/1994
Performance Inception 08/24/1987
Investment Objective Capital growth
Total Net Assets $5.6B
Minimum Investment $1000
Expense Ratio2 1.66%
CUSIP 131618704

Top 10 Holdings (%)3,4 as of Sep 30, 2022

Danaher Corp 4.83
Thermo Fisher Scientific Inc 4.53
Alphabet Inc - CL C 4.38
Visa Inc 4.37
Microsoft Corp 4.33
Mastercard Inc 4.15
Verisk Analytics Inc 3.84
TJX Cos Inc 3.62
Dollar General Corp 3.25
American Tower Corp 3.19
Total 40.50
 

Morningstar Rating™ as of Oct 31, 2022

Time Period Rating Funds in
Large Growth
Category
Overall 1119
3 Years 1119
5 Years 1041
10 Years 778
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds and exchange-traded funds) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.

The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Star ratings do not reflect the effect of any applicable sales load. Hollow stars denote Morningstar Extended Performance Ratings and are considered estimates based on the performance of the fund's oldest share class, adjusted for fees and expenses.

©2022 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Portfolio characteristics exclude 29 securities in Calvert's Special Equities program, which represent 0.329% of the Fund's portfolio and 1 security in Calvert's High Impact Investments program, which represented 0.143% of the Fund's portfolio, both as of 09/30/2022. The Special Equities program enables the Fund to promote approaches to responsible investment goals through privately placed investments. High Social Impact Investments are investments that, in Calvert's opinion, offer the opportunity for significant sustainability and social impact. These investments are generally illiquid and involve high risks. See the Fund's prospectus for details and calvert.com for a complete list of Fund holdings.

RISK CONSIDERATIONS 

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. 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. The impact of the coronavirus on global markets could last for an extended period and could adversely affect the Fund’s performance.


Performance

Historical Returns (%) as of Sep 30, 2022

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. Performance prior to December 31, 2016 reflects the performance of the Fund’s former adviser, Calvert Investment Management, Inc. Max Sales Charge: 1%.
 

Calendar Year Returns (%)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Fund at NAV 14.69 29.56 10.20 2.91 1.49 24.84 4.31 35.45 23.35 27.96
Russell 1000® Growth Index1 15.26 33.48 13.05 5.67 7.08 30.21 -1.51 36.39 38.49 27.60
 

Fund Facts

Expense Ratio2 1.66%
Class C Inception 03/01/1994
Performance Inception 08/24/1987
Distribution Frequency Annually

Risk Measures (3 Year)6 as of Oct 31, 2022

Alpha (%) 0.25
Beta 0.80
Information Ratio -0.25
R-Squared (%) 89.66
Standard Deviation (%) 19.59
Sharpe Ratio 0.47
 

Morningstar Rating™ as of Oct 31, 2022

Time Period Rating Funds in
Large Growth
Category
Overall 1119
3 Years 1119
5 Years 1041
10 Years 778
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds and exchange-traded funds) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.

The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Star ratings do not reflect the effect of any applicable sales load. Hollow stars denote Morningstar Extended Performance Ratings and are considered estimates based on the performance of the fund's oldest share class, adjusted for fees and expenses.

©2022 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
 

NAV History

Date NAV NAV Change
Nov 30, 2022 $35.39 $1.11
Nov 29, 2022 $34.28 -$0.13
Nov 28, 2022 $34.41 -$0.59
Nov 25, 2022 $35.00 $0.09
Nov 23, 2022 $34.91 $0.20
Nov 22, 2022 $34.71 $0.43
Nov 21, 2022 $34.28 -$0.06
Nov 18, 2022 $34.34 $0.20
Nov 17, 2022 $34.14 -$0.32
Nov 16, 2022 $34.46 -$0.13
 

Distribution History7

Ex-Date Distribution Reinvest NAV
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 History7

Ex-Date Short-Term Long-Term Reinvest NAV
Dec 03, 2021 $2.82700 $39.52
Dec 03, 2020 $0.03220 $1.62470 $34.12
Dec 02, 2019 $0.05040 $1.49430 $28.70
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. Portfolio characteristics exclude 29 securities in Calvert's Special Equities program, which represent 0.329% of the Fund's portfolio and 1 security in Calvert's High Impact Investments program, which represented 0.143% of the Fund's portfolio, both as of 09/30/2022. The Special Equities program enables the Fund to promote approaches to responsible investment goals through privately placed investments. High Social Impact Investments are investments that, in Calvert's opinion, offer the opportunity for significant sustainability and social impact. These investments are generally illiquid and involve high risks. See the Fund's prospectus for details and calvert.com for a complete list of Fund holdings.

RISK CONSIDERATIONS 

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. 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. The impact of the coronavirus on global markets could last for an extended period and could adversely affect the Fund’s performance.


Portfolio

Asset Mix (%)4 as of Sep 30, 2022

Portfolio Statistics8 as of Sep 30, 2022

Number of Holdings 45
 

GICS Sector Breakdown (%)4 as of Sep 30, 2022

Assets by Country (%)4 as of Sep 30, 2022

United States 92.16
United Kingdom 2.46
Switzerland 0.88
Cash & Other Assets 4.49
Total 100.00
 

Fund Holdings (%)4,9 as of Oct 31, 2022

Holding % of Net Assets
Visa Inc 4.78%
Mastercard Inc 4.47%
Danaher Corp 4.39%
Alphabet Inc - CL C 4.29%
Thermo Fisher Scientific Inc 4.28%
Microsoft Corp 4.02%
TJX Cos Inc 3.91%
Verisk Analytics Inc 3.84%
MSILF GOVERNMENT PORTFOLIO 3.59%
Dollar General Corp 3.22%
View All

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Portfolio characteristics exclude 29 securities in Calvert's Special Equities program, which represent 0.329% of the Fund's portfolio and 1 security in Calvert's High Impact Investments program, which represented 0.143% of the Fund's portfolio, both as of 09/30/2022. The Special Equities program enables the Fund to promote approaches to responsible investment goals through privately placed investments. High Social Impact Investments are investments that, in Calvert's opinion, offer the opportunity for significant sustainability and social impact. These investments are generally illiquid and involve high risks. See the Fund's prospectus for details and calvert.com for a complete list of Fund holdings.

RISK CONSIDERATIONS 

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. 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. The impact of the coronavirus on global markets could last for an extended period and could adversely affect the Fund’s performance.


Management

Joseph B. Hudepohl, CFA

Managing Director and Principal
Atlanta Capital Management
Joined Atlanta Capital 2015

Biography

Joseph Hudepohl is a managing director and principal of Atlanta Capital Management Company, LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. He serves as a portfolio manager on the firm's growth equity team. He joined Atlanta Capital in 2015.

Joe began his career in the investment management industry in 1997. Prior to joining Atlanta Capital, he was affiliated with Logan Circle Partners LP, a division of Fortress Investment Group LLC, as a portfolio manager and with Goldman Sachs Asset Management in Tampa, Florida.

Joe earned a B.A. in economics from Stanford University. He is a former member of the U.S. National Swim Team and a three-time Olympic medalist. Joe is a CFA charterholder.

Education
  • B.A. Stanford University

Experience
  • Managed Fund since 2015

 

Lance V. Garrison, CFA

Executive Director
Atlanta Capital Management
Joined Atlanta Capital 2007

Biography

Lance is an executive director of Atlanta Capital Management. He is a portfolio manager on the growth equity team. He joined Atlanta Capital in 2007.

Lance began his career in the investment management industry in 2000. Prior to joining Atlanta Capital, he worked at Standard & Poor’s Corporate Value Consulting and Wellington Management Company.

Lance earned a B.S. from the University of Florida and an MBA from Northwestern University. He is a CFA charterholder. He holds the Chartered SRI Counselor (CSRIC™) designation and the Fundamentals of Sustainability Accounting (FSA) Credential and is a subject matter expert with the Sustainability Accounting Standards Board (SASB). Additionally, he serves on the SASB Standards Advisory Group advising on matters of implementation and emerging issues that should be considered in the standards development process.

Education
  • B.S. University of Florida
  • M.B.A. Northwestern University

Experience
  • Managed Fund since 2015

 

Jeffrey A. Miller, CFA

Executive Director
Atlanta Capital Management
Joined Atlanta Capital 2014

Biography

Jeff is an executive director of Atlanta Capital Management. He is a portfolio manager on the growth equity team. He joined Atlanta Capital in 2014.

Jeff began his career in the investment management industry in 1996. Prior to joining Atlanta Capital, he was a research analyst at Crawford Investment Counsel, where he was responsible for equity research and served on the equity investment team. Previously, he was a senior vice president, member of the investment policy committee and global technology analyst for Institutional Capital (ICAP).

Jeff earned a B.B.A. in finance from Southern Methodist University and an MBA from Loyola University Chicago. He is a CFA charterholder, holds the Fundamentals of Sustainability Accounting (FSA) Credential and has achieved the CFA Certificate in ESG Investing.

Education
  • B.B.A. Southern Methodist University
  • M.B.A. Loyola University Chicago

Experience
  • Managed Fund since 2015

 

Robert R. Walton, Jr., CFA

Executive Director
Atlanta Capital Management
Joined Atlanta Capital 1999

Biography

Rob is an executive director of Atlanta Capital Management. He is a portfolio manager on the growth equity team. He joined Atlanta Capital in 1999.

Rob began his career in the investment management industry in 1994. Prior to joining Atlanta Capital, he was an equity research analyst at The Robinson-Humphrey Company, where he was responsible for the insurance and industrial growth industries.

Rob earned a B.A. with a dual concentration in economics and political science from Colgate University and an MBA from Emory University. He is a CFA charterholder. Rob holds the Fundamentals of Sustainability Accounting (FSA) Credential.

Education
  • B.A. Colgate University
  • M.B.A. Emory University

Experience
  • Managed Fund since 2015

 

Literature

Literature

Impact Metric Fact Sheet

Download Impact Metric Fact Sheet - Last updated: Sep 30, 2022

Fact Sheet

Download Fact Sheet - Last updated: Sep 30, 2022

Commentary

Download Commentary - Last updated: Sep 30, 2022

Attribution

Download Attribution - Last updated: Sep 30, 2022

Annual Report

Download Annual Report - Last updated: Sep 30, 2022

Estimated Year-End Distributions

Download Estimated Year-End Distributions - Last updated: Sep 30, 2022

Full Prospectus

Download Full Prospectus - Last updated: Feb 1, 2022

Q1 Holdings

Download Q1 Holdings - Last updated: Dec 31, 2021

Q3 Holdings

Download Q3 Holdings - Last updated: Jun 30, 2022

Holdings - Form N-PORT

Download Holdings - Form N-PORT

Results of Joint Special Meeting of Shareholders of Calvert Funds

Download Results of Joint Special Meeting of Shareholders of Calvert Funds - Last updated: Feb 23, 2021

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

Download Joint Special Meeting of Shareholders of Calvert Funds on February 19, 2021 Will Be A Virtual Meeting - Last updated: Feb 8, 2021

SAI

Download SAI - Last updated: Feb 1, 2022

Semi-Annual Report

Download Semi-Annual Report - Last updated: Mar 31, 2022

Summary Prospectus

Download Summary Prospectus - Last updated: Feb 1, 2022