Calvert Income is a peculiar option within the corporate bond Morningstar Category. Its team, which has experienced turnover since Morgan Stanley closed its acquisition of Eaton Vance in March 2021, applies a risky process that emphasizes high-yield corporates, bank loans, and securitized credit at the expense of investment-grade credit. Its cheapest share class receives a Morningstar Analyst Rating of Neutral while its more expensive are rated Negative.
Will CINCX 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 CINCX’s performance objective and investment process is for both security selection and portfolio construction.
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.
The Parent Pillar is our rating of CINCX’s parent organization’s priorities and whether they’re in line with investors’ interests.