Calvert Income has benefitted from steady investment from Eaton Vance since the December 2016 acquisition, but the relatively inexperienced team behind this strategy applies a process courting material credit risk. Its cheaper share classes earn a Morningstar Analyst Rating of Neutral while its most-expensive share class earns a Negative.
Will CIFCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
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.
The Parent Pillar is our rating of CIFCX’s parent organization’s priorities and whether they’re in line with investors’ interests.