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Morningstar

Calvert Income C CIFCX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 15.10  /  0.13 %
  • Total Assets 663.4 Mil
  • Adj. Expense Ratio
    1.660%
  • Expense Ratio 1.670%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.03%
  • Effective Duration 6.21 years

USD | NAV as of Jan 30, 2023 | 1-Day Return as of Jan 30, 2023, 11:08 PM GMT+00:00

Morningstar’s Analysis CIFCX

Will CIFCX outperform in 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.

Significant risks are embedded in this approach, while the team is still settling down.

Senior Analyst

Summary

| by Gabriel Denis

Calvert Income has better situated managers many months after Morgan Stanley’s March 2021 acquisition of Eaton Vance. But ongoing questions around the stability of its team and durability of its process underscore a Morningstar Analyst Rating of Neutral on all but its most expensive share class, which is rated Negative.

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