Morningstar

Calvert Income Fund Class I CINCX

Morningstar Medalist Rating
Medalist Rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 15.16  /  0.00
  • Total Assets 1.5B
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.640%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 4.97%
  • Effective Duration 5.43 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis CINCX

Will CINCX 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 CINCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CINCX 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 CINCX’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
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Portfolio Holdings CINCX

More CINCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Morgan Stanley Inst Lqudty Gov Sec Ins

10.32 168M
Cash and Equivalents

Federal National Mortgage Association 5%

4.78 78M
Securitized

Federal National Mortgage Association 4.5%

3.57 58M
Securitized

United States Treasury Notes 3.5%

2.44 40M
Government

United States Treasury Bonds 3%

2.07 34M
Government

United States Treasury Notes 1.5%

1.97 32M
Government

Federal Home Loan Mortgage Corp. 5.5%

1.14 19M
Securitized

Nykredit Fixed Coupon 3.500000 Maturity 20561001

1.05 17M
Corporate

Nykredit Fixed Coupon 3.500000 Maturity 20530401

0.93 15M
Corporate

Realkredit Danmark 3.5%

0.88 14M
Securitized

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