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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Calvert Moderate Allocation Fund

CLAIX | Fund

$25.35

$394 M

1.27%

$0.32

0.72%

Vitals

YTD Return

8.1%

1 yr return

18.2%

3 Yr Avg Return

13.0%

5 Yr Avg Return

5.9%

Net Assets

$394 M

Holdings in Top 10

88.1%

52 WEEK LOW AND HIGH

$25.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.72%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 26.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Calvert Moderate Allocation Fund

CLAIX | Fund

$25.35

$394 M

1.27%

$0.32

0.72%

CLAIX - Profile

Distributions

  • YTD Total Return 8.1%
  • 3 Yr Annualized Total Return 13.0%
  • 5 Yr Annualized Total Return 5.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.22%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Calvert Moderate Allocation Fund
  • Fund Family Name
    Calvert Investments
  • Inception Date
    May 20, 2016
  • Shares Outstanding
    4161420
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Justin Bourgette

Fund Description

The Fund is a “fund-of-funds” that seeks to achieve its investment objectives by primarily allocating its assets among underlying Calvert income and equity funds meeting its investment criteria, including the responsible investing criteria described below. The Fund typically invests 50%-80% of its net assets in funds that invest primarily in equity securities and 20% to 50% of its net assets in funds that invest primarily in income securities. The Fund may also invest 0% to 10% of its net assets in cash and short-term money market instruments. The Fund will invest in accordance with a target asset allocation determined by the Adviser. The Fund’s asset allocation strategy incorporates both historical and forward-looking risk and return characteristics of various asset classes and correlations among asset classes to establish allocations intended to provide an optimal level of return for a given level of risk. Historical returns-based analysis and actual holdings data of the target underlying Calvert funds are then integrated to blend the styles of the underlying Calvert funds with the asset allocation policy.
Incidental to its main investment strategy, the Fund may also invest in (1) derivative instruments, including, but not limited to, futures, options and swaps; (2) exchange-traded funds (“ETFs”); and (3) U.S. Treasury securities, including Treasury-Inflation Protected Securities. The Fund will use these instruments to facilitate the periodic rebalancing of the Fund’s portfolio to maintain its target asset allocation, to make tactical asset allocations (including to gain or limit exposure to certain asset classes and/or sectors, and/or to manage duration) and to assist in managing cash. The Fund may also lend its securities.
The above asset allocation percentages are allocation targets; the Fund’s actual allocation may deviate from these targets at any time. The Adviser has discretion to reallocate the Fund’s assets among underlying Calvert funds. The Adviser monitors the Fund’s allocation and may  rebalance or reallocate the Fund’s assets (1) based on its view of economic and market factors and events or (2) to adjust for shifts in the style biases of the underlying funds. The Adviser also evaluates any necessary rebalancing to reflect different target asset class allocations based on changed economic and market conditions.
Responsible Investing. In accordance with its asset allocation strategy, the Fund will invest in Calvert income and equity funds that consider responsible investment criteria. The underlying fund portfolio manager(s) seek to invest in companies that manage environmental, social and governance (“ESG”) risk exposures adequately and that are not exposed to excessive ESG risk through their principal business activities. Companies are analyzed by the investment adviser’s ESG analysts utilizing The Calvert Principles for Responsible Investment (“Principles”), a framework for considering ESG factors (a copy of which is included as an appendix to the Fund’s Prospectus). Each company is evaluated relative to an appropriate peer group based on material ESG factors as determined by the investment adviser. Pursuant to the Principles, the investment adviser seeks to identify companies and other issuers that operate in a manner that is consistent with or promotes environmental sustainability and resource efficiency, equitable societies and respect for human rights, and accountable governance and transparency. The underlying funds generally invest in issuers that are believed by the investment adviser to operate in accordance with the Principles and may also invest in issuers that the investment adviser believes are likely to operate in accordance with the Principles pending the investment adviser’s engagement activity with such issuer.
Read More

CLAIX - Performance

Return Ranking - Trailing

Period CLAIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.1% -4.4% 17.8% 32.88%
1 Yr 18.2% -10.5% 36.4% 45.36%
3 Yr 13.0%* 2.1% 31.5% 55.71%
5 Yr 5.9%* 0.8% 14.2% 67.76%
10 Yr 8.7%* 2.2% 15.8% 38.27%

* Annualized

Return Ranking - Calendar

Period CLAIX Return Category Return Low Category Return High Rank in Category (%)
2025 7.8% -14.9% 24.6% 36.53%
2024 6.9% -23.4% 70.5% 37.60%
2023 5.7% -12.2% 23.9% 79.79%
2022 -17.2% -34.7% 0.0% 35.36%
2021 6.0% -11.9% 18.1% 45.67%

Total Return Ranking - Trailing

Period CLAIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.1% -4.4% 17.8% 32.88%
1 Yr 18.2% -10.5% 36.4% 45.36%
3 Yr 13.0%* 2.1% 31.5% 55.71%
5 Yr 5.9%* 0.8% 14.2% 67.76%
10 Yr 8.7%* 2.2% 15.8% 38.27%

* Annualized

Total Return Ranking - Calendar

Period CLAIX Return Category Return Low Category Return High Rank in Category (%)
2025 13.0% -2.6% 28.8% 58.45%
2024 10.4% -0.3% 72.2% 58.75%
2023 13.1% -5.2% 26.8% 55.74%
2022 -15.5% -29.0% 10.9% 57.79%
2021 10.7% -3.0% 27.3% 76.76%

NAV & Total Return History

CLAIX - Holdings

Concentration Analysis

CLAIX Category Low Category High CLAIX % Rank
Net Assets 394 M 945 K 279 B 70.97%
Number of Holdings 24 2 16027 65.44%
Net Assets in Top 10 328 M 921 K 72.8 B 60.55%
Weighting of Top 10 88.14% 10.3% 117.9% 29.97%

Top 10 Holdings

  1. Calvert US Large Cap Growth Responsible Index Fund 16.92%
  2. Calvert US Large Cap Core Responsible Index Fund 15.94%
  3. Calvert Bond Fund 14.32%
  4. Calvert Core Bond Fund 9.30%
  5. Calvert US Large Cap Value Responsible Index Fund 6.74%
  6. Calvert International Responsible Index Fund 6.57%
  7. Calvert International Equity Fund 5.15%
  8. Calvert Equity Fund 5.04%
  9. Calvert Emerging Markets Advancement Fund 4.12%
  10. Calvert Mortgage Access Fund 4.03%

Asset Allocation

Weighting Return Low Return High CLAIX % Rank
Stocks 		99.37% 0.00% 100.04% 27.68%
Convertible Bonds 		0.91% 0.00% 23.84% 30.51%
Cash 		0.67% -7.92% 100.00% 62.84%
Preferred Stocks 		0.00% 0.00% 24.85% 66.67%
Bonds 		0.00% 0.00% 77.59% 78.75%
Other 		-0.04% -40.95% 100.30% 95.41%

Stock Sector Breakdown

Weighting Return Low Return High CLAIX % Rank
Financial Services 		18.87% 0.00% 38.77% 9.12%
Technology 		18.09% 0.00% 44.21% 56.72%
Industrials 		13.70% 0.00% 24.37% 6.03%
Healthcare 		13.35% 0.00% 29.35% 60.74%
Consumer Cyclical 		11.89% 0.00% 19.36% 17.00%
Consumer Defense 		8.81% 0.00% 15.14% 15.30%
Communication Services 		6.61% 0.00% 38.10% 60.90%
Basic Materials 		3.61% 0.00% 25.57% 63.83%
Utilities 		2.61% 0.00% 99.55% 63.06%
Real Estate 		2.23% 0.00% 65.01% 72.49%
Energy 		0.24% 0.00% 85.65% 94.44%

Stock Geographic Breakdown

Weighting Return Low Return High CLAIX % Rank
US 		99.37% 0.00% 100.04% 27.22%
Non US 		0.00% 0.00% 31.55% 68.04%

CLAIX - Expenses

Operational Fees

CLAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.72% 0.04% 20.46% 72.91%
Management Fee 0.00% 0.00% 1.83% 11.25%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% 60.58%

Sales Fees

CLAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

CLAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CLAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.00% 0.83% 273.00% 34.98%

CLAIX - Distributions

Dividend Yield Analysis

CLAIX Category Low Category High CLAIX % Rank
Dividend Yield 1.27% 0.00% 17.90% 2.89%

Dividend Distribution Analysis

CLAIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Monthly

Net Income Ratio Analysis

CLAIX Category Low Category High CLAIX % Rank
Net Income Ratio 1.22% -2.34% 13.92% 47.27%

Capital Gain Distribution Analysis

CLAIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

CLAIX - Fund Manager Analysis

Managers

Justin Bourgette

Start Date

Tenure

Tenure Rank

Dec 31, 2016

5.42

5.4%

Justin Bourgette is a vice president of Eaton Vance Management, director of global income investment strategy and portfolio manager on Eaton Vance's global income team. He is responsible for buy and sell decisions, portfolio construction and risk management. Justin joined Eaton Vance in 2006. Justin began his career in the investment management industry in 2006. Before joining Eaton Vance, he was affiliated with Investors Financial Services as an analyst in corporate finance and with National Grid, where he worked in business planning and engineering. Justin earned a B.S. from Worcester Polytechnic Institute and an M.S., with high honors, from Boston University. He is a CFA charterholder and a member of Eaton Vance's Asset Allocation Committee.

Schuyler Hooper

Start Date

Tenure

Tenure Rank

Nov 12, 2021

0.55

0.6%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.53 2.41

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