Calvert Income's August 2025 shift to the intermediate core-plus bond Morningstar Category from the corporate-bond peer group has the potential to obscure as much as it clarifies. This strategy isn’t a perfect fit for either. It retains a stronger corporate credit focus than most core-plus rivals, but its increased allocations to noncorporate sectors in recent years—particularly government mortgage-backed securities and asset-backed securities—make the new classification more appropriate. Importantly, the process itself hasn't changed: The portfolio remains geared toward generating income, and corporate credit is often the most natural place to find it.
Calvert Income Fund Class C CIFCX
- NAV / 1-Day Return 15.13 / −0.53 %
- Total Assets 1.5B
-
Adj. Expense Ratio
1.670%
- Expense Ratio 1.640%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.99%
- Effective Duration 5.43 years
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:05 AM GMT+0
Morningstar’s Analysis CIFCX
Will CIFCX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the CIFCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of CIFCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 19.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Morgan Stanley Inst Lqudty Gov Sec Ins | 9.55 | 157M | Cash and Equivalents |
Federal National Mortgage Association 5% | 4.74 | 78M | Securitized |
Federal National Mortgage Association 4.5% | 3.55 | 58M | Securitized |
United States Treasury Notes 3.5% | 2.43 | 40M | Government |
United States Treasury Bonds 3% | 2.05 | 34M | Government |
United States Treasury Notes 1.5% | 1.95 | 32M | Government |
Federal Home Loan Mortgage Corp. 5.5% | 1.15 | 19M | Securitized |
Us Dollars | 1.12 | 18M | Cash and Equivalents |
Nykredit Fixed Coupon 3.500000 Maturity 20561001 | 0.88 | 14M | Corporate |
Realkredit Danmark 3.5% | 0.87 | 14M | Securitized |
United States