Morningstar

Calvert Income Fund Class C CIFCX

Morningstar Medalist Rating
Medalist Rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 14.49  /  +0.14 %
  • Total Assets 1.4B
  • 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 4.12%
  • Effective Duration 5.43 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:11 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.

  • 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.

New category, same approach.

Principal Maciej Kowara

Maciej Kowara

Principal

Summary

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.

by Maciej Kowara
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CIFCX

More CIFCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 4.625%

6.25 102M
Government

Federal National Mortgage Association 5%

4.68 76M
Securitized

United States Treasury Notes 3.875%

4.09 67M
Government

United States Treasury Notes 4.125%

3.75 61M
Government

Federal National Mortgage Association 4.5%

2.81 46M
Securitized

United States Treasury Bonds 4.75%

1.95 32M
Government

United States Treasury Bonds 4%

1.27 21M
Government

Nykredit Fixed Coupon 3.500000 Maturity 20561001

1.12 18M
Corporate

Federal Home Loan Mortgage Corp. 5.5%

1.10 18M
Securitized

United States Treasury Notes 4%

0.93 15M
Government

Sponsor Center