Overview

Historical Returns (%) as of Jun 30, 2024

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.
 

Fund Facts as of Jun 30, 2024

Class R6 Inception 02/01/2019
Performance Inception 10/30/2015
Investment Objective Track performance of the Calvert International Responsible Index
Total Net Assets $1.0B
Minimum Investment $5000000
Expense Ratio (Gross)3 0.37%
Expense Ratio (Net)3,4 0.26%
CUSIP 13161Y848

Top 10 Holdings (%)5,6 as of Jun 30, 2024

Taiwan Semiconductor Manufacturing Co Ltd 3.45
Novo Nordisk A/S 2.21
ASML Holding NV 2.02
Samsung Electronics Co Ltd 1.65
Nestle SA 1.37
Toyota Motor Corp 1.33
AstraZeneca PLC 1.21
SAP SE 1.12
Novartis AG 1.00
Roche Holding AG 0.96
Total 16.32
 

Morningstar Rating™ as of Jun 30, 2024

Time Period Rating Funds in
Foreign Large Blend
Category
Overall 679
3 Years 679
5 Years 639
10 Years 421
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.

©2024 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.
 

Percentages may not total 100% due to rounding.

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 Fund's performance may not match or correlate to that of its Index, either on a daily or aggregate basis due to factors such as Fund expenses, imperfect correlation, rounding of share prices, changes to the composition of the Index, regulatory policies, high portfolio turnover and the use of leverage (if any). The Fund expects to hold the common stock of each company in the index it is designed to track, regardless of market conditions or individual investment performance, which could cause the Fund to underperform funds that employ an active strategy. 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. 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.

See the Fund's prospectus for information related to a primary benchmark index selected (if applicable) to comply with a regulation that requires the Fund's primary benchmark to represent the overall applicable market.


Performance

Historical Returns (%) as of Jun 30, 2024

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.
 

Calendar Year Returns (%)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund at NAV 24.44 15.33 12.55 -19.17 20.00
MSCI World ex USA Index1 -4.32 -3.04 2.75 24.21 -14.09 22.49 7.59 12.62 -14.29 17.94
Calvert International Responsible Index2 0.67 25.61 -14.18 25.21 15.33 12.85 -19.43 20.34
 

Fund Facts

Class R6 Inception 02/01/2019
Performance Inception 10/30/2015
Expense Ratio (Gross)3 0.37%
Expense Ratio (Net)3,4 0.26%
Distribution Frequency Annually

Risk Measures (3 Year)8 as of Jun 30, 2024

Alpha (%) -0.96
Beta 1.08
R-Squared (%) 96.56
Standard Deviation (%) 18.63
Sharpe Ratio -0.06
 

Morningstar Rating™ as of Jun 30, 2024

Time Period Rating Funds in
Foreign Large Blend
Category
Overall 679
3 Years 679
5 Years 639
10 Years 421
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.

©2024 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
Jul 19, 2024 $31.00 -$0.21
Jul 18, 2024 $31.21 -$0.27
Jul 17, 2024 $31.48 -$0.32
Jul 16, 2024 $31.80 $0.20
Jul 15, 2024 $31.60 -$0.25
Jul 12, 2024 $31.85 $0.28
Jul 11, 2024 $31.57 $0.08
Jul 10, 2024 $31.49 $0.44
Jul 09, 2024 $31.05 -$0.08
Jul 08, 2024 $31.13 -$0.11
 

Distribution History9

Ex-Date Distribution Reinvest NAV
Dec 21, 2023 $0.59190 $28.37
Dec 22, 2022 $0.49350 $24.45
Dec 21, 2021 $0.62800 $30.16
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 History9

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

Percentages may not total 100% due to rounding.

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 Fund's performance may not match or correlate to that of its Index, either on a daily or aggregate basis due to factors such as Fund expenses, imperfect correlation, rounding of share prices, changes to the composition of the Index, regulatory policies, high portfolio turnover and the use of leverage (if any). The Fund expects to hold the common stock of each company in the index it is designed to track, regardless of market conditions or individual investment performance, which could cause the Fund to underperform funds that employ an active strategy. 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. 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.

See the Fund's prospectus for information related to a primary benchmark index selected (if applicable) to comply with a regulation that requires the Fund's primary benchmark to represent the overall applicable market.


Portfolio

Asset Mix (%)6 as of Jun 30, 2024

Portfolio Statistics as of Jun 30, 2024

Number of Holdings 813
Countries Represented 27
 

GICS Sector Breakdown (%)6 as of Jun 30, 2024

Assets by Country (%)10 as of Jun 30, 2024

Japan 17.13
United Kingdom 10.57
Canada 8.90
France 8.50
Switzerland 7.14
Germany 6.61
Taiwan 6.08
Australia 5.56
United States 4.26
Other 5.17
View All
 

Geographic Mix (%)6 as of Jun 30, 2024

Europe 49.73
Asia/Pacific 35.88
North America 12.33
MiddleEast 0.47
Africa 0.33
Latin America/Caribbean 0.25
Cash & Other Assets 1.01
Total 100.00
 

Fund Holdings (%)6,11 as of May 31, 2024

Holding % of Net Assets
Taiwan Semiconductor Manufacturing Co Ltd 2.92%
Novo Nordisk A/S 2.08%
ASML Holding NV 1.85%
Nestle SA 1.44%
Samsung Electronics Co Ltd 1.44%
AstraZeneca PLC 1.24%
Linde PLC 1.12%
Toyota Motor Corp 1.08%
LVMH Moet Hennessy Louis Vuitton SE 1.05%
SAP SE 0.98%
View All

Percentages may not total 100% due to rounding.

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 Fund's performance may not match or correlate to that of its Index, either on a daily or aggregate basis due to factors such as Fund expenses, imperfect correlation, rounding of share prices, changes to the composition of the Index, regulatory policies, high portfolio turnover and the use of leverage (if any). The Fund expects to hold the common stock of each company in the index it is designed to track, regardless of market conditions or individual investment performance, which could cause the Fund to underperform funds that employ an active strategy. 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. 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.

See the Fund's prospectus for information related to a primary benchmark index selected (if applicable) to comply with a regulation that requires the Fund's primary benchmark to represent the overall applicable market.


Management

Thomas C. Seto

Thomas C. Seto

Managing Director

Biography

Tom is a managing director and head of investment management at Parametric Portfolio Associates LLC. He leads Parametric's portfolio management and trading functions for the firm's equity strategies. He is also a vice president and portfolio manager for Calvert Research and Management. He joined Parametric in 1998.

Tom began his career in the investment management industry in 1991. Before joining Parametric, he served as the head of U.S. equity index investments at Barclays Global Investors.

Tom earned a B.S. in electrical engineering from the University of Washington and an MBA from the University of Chicago Booth School of Business.

Education
  • B.S. University of Washington
  • M.B.A Booth School of Business, University of Chicago

Experience
  • Managed Fund since 2016

 

Jennifer Mihara

Managing Director, Portfolio Manager
Joined Parametric Portfolio Associates 2005

Biography

Jennifer is responsible for leading the Centralized Portfolio Management (CPM) Team. Prior to her current role, Jennifer was a supervisor on the Large Case Custom Core Portfolio Management Team, primarily serving Parametric's wealth management, family office, and institutional client base. Before joining Parametric in 2005, Jennifer was an investment associate at Merrill Lynch for five years.

She earned a BA in economics and a minor in mathematics from Colgate University.

Education
  • B.A. Colgate University

Experience
  • Managed Fund since 2024

 

Gordon Wotherspoon

Joined Parametric Portfolio Associates 2004

Biography

Gordon is responsible for overseeing portfolio management of the Custom Core Equity product for the firm's brokerage and bank-sponsored channels. Prior to joining Parametric in 2004, Gordon led the investment manager due diligence effort for an institutional investment consulting group within UBS Financial Services

He earned an MBA and a BS in economics from the University of Washington.

Education
  • B.S. University of Washington
  • M.B.A. University of Washington

Experience
  • Managed Fund since 2024

 

Literature

Literature

Fact Sheet

Download Fact Sheet - Last updated: Mar 31, 2024

Annual Report

Download Annual Report - Last updated: Sep 30, 2023

Full Prospectus

Download Full Prospectus - Last updated: Feb 1, 2024

Q1 Holdings

Download Q1 Holdings - Last updated: Dec 31, 2023

Q3 Holdings

Download Q3 Holdings - Last updated: Jun 30, 2023

SAI

Download SAI - Last updated: Feb 1, 2024

Semi-Annual Report

Download Semi-Annual Report - Last updated: Mar 31, 2024

Summary Prospectus

Download Summary Prospectus - Last updated: Feb 1, 2024