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Calvert Income I CINCX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
18.22  /  0.01 %
Total Assets
740.1 Mil
Adj. Expense Ratio
0.690%
Expense Ratio
0.690%
Fee Level
High
Longest Manager Tenure
8.49 years
Category
Corporate Bond
Credit Quality / Interest Rate Sensitivity
—
Min. Initial Investment
250,000
Status
Open
TTM Yield
3.08%
Effective Duration
— years

USD | NAV as of Jul 28, 2021 | 1-Day Return as of Jul 28, 2021, 9:20 PM GMT+00:00

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Morningstar’s Analysis

Will CINCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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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

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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

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The Parent Pillar is our rating of CINCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A green corporate bond fund rooted in risky fare.

Analyst

Summary

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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.

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