Calvert Ultrashort Duration Income’s team remains a work in progress. A consistent but not irresponsible emphasis on credit risk results in a Process Pillar upgrade to Average from Below Average. All the strategy's share classes get a Morningstar Analyst Rating of Neutral, which represents an upgrade for some of its pricier shares.
Calvert Ultra-Short Duration Income A CULAX
- NAV / 1-Day Return 9.86 / +0.01 %
- Total Assets 929.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.720%
- Distribution Fee Level High
- Share Class Type No Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.69%
- Effective Duration 0.49 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 PM GMT+0
Morningstar’s Analysis CULAX
Will CULAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 13.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Bills 0% | 4.86 | 44.6 Mil | Government |
JPMorgan Chase & Co. 3.845% | 2.23 | 20.5 Mil | Corporate |
Ford Motor Credit Company LLC 5.125% | 1.58 | 14.5 Mil | Corporate |
Bank of America Corp. 1.843% | 1.55 | 14.2 Mil | Corporate |
Sprint LLC 7.125% | 1.27 | 11.7 Mil | Corporate |
Affiliated Managers Group, Inc. 4.25% | 1.27 | 11.7 Mil | Cash and Equivalents |
General Motors Financial Company Inc 5.96999% | 1.27 | 11.7 Mil | Corporate |
Capital One Financial Corp. 4.166% | 1.20 | 11.0 Mil | Corporate |
JPMorgan Chase & Co. 5.546% | 1.20 | 11.0 Mil | Corporate |
The Charles Schwab Corporation 5.85453% | 1.16 | 10.6 Mil | Cash and Equivalents |