Overview

Historical Returns (%) as of Dec 31, 2018

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 Dec 31, 2018

Class C Inception 10/31/1994
Investment Objective Long-term capital appreciation
Total Net Assets $207.6M
Minimum Investment $1000
Expense Ratio (Gross)3 2.18%
Expense Ratio (Net)3,4 1.96%
CUSIP 131649402

Top 10 Holdings (%)5,6 as of Sep 30, 2018

Ball Corp
Fiserv Inc
National Retail Properties Inc
AvalonBay Communities Inc
Gildan Activewear Inc
Extra Space Storage Inc
Parker-Hannifin Corp
CMS Energy Corp
Ulta Beauty Inc
Aptiv PLC
Total 18.26
 

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Portfolio characteristics exclude 3 securities in Calvert's High Impact Investments program, which represented 1.200% of the portfolio as of 09/30/2018. High Social Impact Investments are investments that, in the Adviser’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.

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. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. 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. 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 Dec 31, 2018

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 (%)

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Fund at NAV 29.31 28.97 1.30 14.95 27.86 6.61 -4.49 5.59 10.87 -5.08
Russell Midcap® Index1 40.48 25.48 -1.55 17.28 34.76 13.22 -2.44 13.80 18.52 -9.06
Russell Midcap® Growth Index2 46.29 26.38 -1.65 15.81 35.74 11.90 -0.20 7.33 25.27 -4.75
 

Fund Facts

Expense Ratio (Gross)3 2.18%
Expense Ratio (Net)3,4 1.96%
Class C Inception 10/31/1994
Distribution Frequency Annually

Risk Measures (3 Year)8 as of Dec 31, 2018

Alpha (%) -2.39
Beta 0.87
Information Ratio -0.89
R-Squared (%) 89.85
Standard Deviation (%) 11.11
Sharpe Ratio 0.23
 

Morningstar Rating™ as of Dec 31, 2018

Time Period Rating Funds in
Mid-Cap Blend
Category
Overall ** 382
3 Years ** 382
5 Years ** 335
10 Years ** 235
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.

©2019 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
Jan 14, 2019 $19.99 -$0.14
Jan 11, 2019 $20.13 $0.00
Jan 10, 2019 $20.13 $0.14
Jan 09, 2019 $19.99 $0.12
Jan 08, 2019 $19.87 $0.21
Jan 07, 2019 $19.66 $0.15
Jan 04, 2019 $19.51 $0.51
Jan 03, 2019 $19.00 -$0.28
Jan 02, 2019 $19.28 -$0.17
Dec 31, 2018 $19.45 $0.19
 

Distribution History9

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 History9

Ex-Date Short-Term Long-Term Reinvest NAV
Dec 07, 2018 $0.95160 $0.99050 $20.63
Dec 12, 2017 $1.22470 $1.82960 $22.23
Dec 07, 2016 $0.00724 $23.19
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 3 securities in Calvert's High Impact Investments program, which represented 1.200% of the portfolio as of 09/30/2018. High Social Impact Investments are investments that, in the Adviser’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.

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. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. 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. 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 (%)6 as of Sep 30, 2018

Portfolio Statistics as of Sep 30, 2018

Number of Holdings 86
 

GICS Sector Breakdown (%)6 as of Sep 30, 2018

Assets by Country (%)6 as of Sep 30, 2018

United States 94.85
Canada 2.76
Netherlands 0.94
United Kingdom 0.73
Cash & Other Assets 0.71
Total 100.00
 

Fund Holdings (%)6,10 as of Nov 30, 2018

Holding % of Net Assets
Xcel Energy Inc 2.49%
National Retail Properties Inc 2.35%
Ball Corp 2.24%
CMS Energy Corp 2.24%
AvalonBay Communities Inc 2.02%
Grand Canyon Education Inc 1.99%
Sempra Energy 1.98%
Gildan Activewear Inc 1.97%
Extra Space Storage Inc 1.94%
Fiserv Inc 1.88%
View All

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Portfolio characteristics exclude 3 securities in Calvert's High Impact Investments program, which represented 1.200% of the portfolio as of 09/30/2018. High Social Impact Investments are investments that, in the Adviser’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.

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. Smaller companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk than larger, more established companies. 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. 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

Charles Gaffney

Charles Gaffney

Vice President, Calvert Research and Management
Joined Calvert Research and Management 2016

Biography

Charles Gaffney 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 2016.

Charlie began his career in the investment management industry in 1996. He has been affiliated with the Eaton Vance organization since 2003. Before joining the Eaton Vance organization, he was affiliated with Brown Brothers Harriman as a sector portfolio manager and Morgan Stanley Dean Witter as a senior equity analyst.

Charlie earned a B.A. from Bowdoin College in 1995 and an MBA from Fordham University in 2002.

Education
  • B.A. Bowdoin College
  • M.B.A. Graduate School of Business, Fordham University

Experience
  • Managed Fund since 2016

 

Literature

Literature

Fact Sheet

Download - Last updated: Dec 31, 2018

Commentary

Download - Last updated: Sep 30, 2018

Attribution

Download - Last updated: Sep 30, 2018

Annual Report

Download - Last updated: Sep 30, 2018

Full Prospectus

Download - Last updated: Feb 1, 2018

Holdings-1st or 3rd fiscal quarters-www.sec.gov

Download

SAI

Download - Last updated: Feb 1, 2018

Semi-Annual Report

Download - Last updated: Mar 31, 2018

Summary Prospectus

Download - Last updated: Feb 1, 2018

XBRL

Download - Last updated: Feb 20, 2018