Morningstar

Calvert Income Fund Class C CIFCX

Morningstar Medalist Rating
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Medalist Rating as of See Eaton Vance Investment Hub
  • NAV / 1-Day Return $14.57  /  0.00
  • Fund Size $1.4B
  • Adjusted Expense Ratio 1.670%
  • Net Expense Ratio 1.640%
  • Fee Level: Distribution High
  • Share Class Type Level Load
  • Morningstar Category Intermediate Core-Plus Bond
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 4.12%
  • Average Effective Duration 6.02 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis CIFCX

Will CIFCX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CIFCX’s performance objective and investment process is for both security selection and portfolio construction.

  • 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.

Same managers, same process, and a much sturdier core.

Principal Maciej Kowara

Maciej Kowara

Principal

Summary

Over the past two years, Vishal Khanduja and Brian Ellis have rebuilt the core of this income-oriented, sustainability-screened bond fund without changing the process that defines it. Khanduja has run the strategy since January 2013, and Ellis joined him in November 2015. The pair has provided continuity through Eaton Vance's purchase of Calvert and Morgan Stanley's later acquisition of Eaton Vance. The fund now draws on Morgan Stanley's macro, high-yield, bank-loan, and securitized research alongside Calvert's independent environmental, social, and governance team. The group’s newfound depth has made a difference; for example, a London-based analyst sourced the fund's new stake in Danish covered bonds in 2025.

by Maciej Kowara
Rated on Published on

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Portfolio Holdings CIFCX

More CIFCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 4.625%

6.22 102M
Government

Federal National Mortgage Association 5%

4.64 76M
Securitized

United States Treasury Notes 3.875%

4.04 67M
Government

United States Treasury Notes 4.125%

3.70 61M
Government

Federal National Mortgage Association 4.5%

2.78 46M
Securitized

United States Treasury Bonds 4.75%

2.01 33M
Government

United States Treasury Bonds 4%

1.26 21M
Government

Nykredit Fixed Coupon 3.500000 Maturity 20561001

1.14 19M
Corporate

Federal Home Loan Mortgage Corp. 5.5%

1.08 18M
Securitized

United States Treasury Notes 4%

0.94 15M
Government

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