Overview

Historical Returns (%) as of Jun 30, 2020

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 Aug 31, 2020

Class R6 Inception 02/01/2019
Performance Inception 10/01/2004
Investment Objective Long-term capital appreciation
Total Net Assets $1.5B
Minimum Investment $1000000
Expense Ratio (Gross)2 0.94%
Expense Ratio (Net)2,3 0.90%
CUSIP 13161P672

Top 10 Holdings (%)4,5 as of Jun 30, 2020

RealPage Inc
ACI Worldwide Inc 2.82
Mueller Water Products Inc
ServiceMaster Global Holdings Inc 2.37
Nomad Foods Ltd 2.35
NIC Inc 2.25
Altair Engineering Inc 2.20
Haemonetics Corp 2.18
ONE Gas Inc
LHC Group Inc
Total 23.67
 

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 0.239% of the portfolio as of 06/30/2020. 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. 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 Jun 30, 2020

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 (%)

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Fund at NAV 26.37
Russell 2000® Index1 26.85 -4.18 16.35 38.82 4.89 -4.41 21.31 14.65 -11.01 25.52
 

Fund Facts

Expense Ratio (Gross)2 0.94%
Expense Ratio (Net)2,3 0.90%
Class R6 Inception 02/01/2019
Performance Inception 10/01/2004
Distribution Frequency Annually
 

NAV History

Date NAV NAV Change
Sep 21, 2020 $25.49 -$0.66
Sep 18, 2020 $26.15 -$0.27
Sep 17, 2020 $26.42 -$0.10
Sep 16, 2020 $26.52 $0.06
Sep 15, 2020 $26.46 -$0.08
Sep 14, 2020 $26.54 $0.44
Sep 11, 2020 $26.10 -$0.16
Sep 10, 2020 $26.26 -$0.35
Sep 09, 2020 $26.61 $0.17
Sep 08, 2020 $26.44 -$0.51
 

Distribution History7

Ex-Date Distribution Reinvest NAV
Dec 05, 2019 $0.06910 $27.71
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 05, 2019 $0.04930 $0.27690 $27.71
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 0.239% of the portfolio as of 06/30/2020. 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. 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 Jun 30, 2020

Portfolio Statistics as of Jun 30, 2020

Number of Holdings 78
 

GICS Sector Breakdown (%)5 as of Jun 30, 2020

Assets by Country (%)5 as of Jun 30, 2020

United States 97.12
United Kingdom 2.35
Cash & Other Assets 0.54
Total 100.00
 

Fund Holdings (%)5,8 as of Jul 31, 2020

Holding % of Net Assets
RealPage Inc 2.73%
ServiceMaster Global Holdings Inc 2.55%
ACI Worldwide Inc 2.42%
LHC Group Inc 2.37%
Mueller Water Products Inc 2.32%
Nomad Foods Ltd 2.30%
Envestnet Inc 2.27%
NIC Inc 2.13%
Altair Engineering Inc 2.10%
ONE Gas Inc 2.09%
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 0.239% of the portfolio as of 06/30/2020. 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. 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

Michael D. McLean, CFA

Michael D. McLean, CFA

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

Biography

Michael McLean 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.

Mike began his career in the investment management industry in 2001. He has been affiliated with the Eaton Vance organization since 2001.

Mike earned a B.S. from Providence College. He is a CFA charterholder.

Education
  • B.S. Providence College

Experience
  • Managed Fund since 2016

 

J. Griffith Noble, CFA

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

Biography

J. Griffith Noble 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.

Griff began his career in the investment management industry in 1996. He has been affiliated with the Eaton Vance organization since 2012. Before joining the Eaton Vance organization, he was an equity analyst with BlackRock, Inc. He was previously affiliated with Byram Capital Management, Emerson Investment Management, Deutsche Asset Management and Putnam Investments.

Griff earned a B.S. from the University of Vermont and an MBA from Babson College. He is a member of the CFA Society of Boston and is a CFA charterholder.

Education
  • B.S. University of Vermont
  • M.B.A. Babson College

Experience
  • Managed Fund since 2016

 

Literature

Literature

Fact Sheet

Download - Last updated: Jun 30, 2020

Commentary

Download - Last updated: Jun 30, 2020

Annual Report

Download - Last updated: Sep 30, 2019

Full Prospectus

Download - Last updated: Feb 1, 2020

SAI

Download - Last updated: Feb 1, 2020

Semi-Annual Report

Download - Last updated: Mar 31, 2020

Summary Prospectus

Download - Last updated: Feb 1, 2020

XBRL

Download - Last updated: Feb 13, 2020