Calvert Income Fund Class I CINCX

Morningstar Medalist Rating
  • NAV / 1-Day Return$14.72  /  −0.07%
  • Fund Size$1.5B
  • Adjusted Expense Ratio0.670%
  • Net Expense Ratio0.640%
  • Fee Level: DistributionHigh
  • Share Class TypeInstitutional
  • Morningstar CategoryIntermediate Core-Plus Bond
  • Fixed-Income Style Box (Funds)Medium/Moderate
  • Minimum Initial Investment$1M
  • Investment StatusOpen
  • TTM Yield5.14%
  • Average Effective Duration6.02 yrs

Morningstar’s Analysis CINCX

Will CINCX outperform in the future?

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

Same managers, same process, and a much sturdier core.

Principal Maciej Kowara

Maciej Kowara

Principal

Summary

Over the past two years, Vishal Khanduja and Brian Ellis have rebuilt the core of this income-oriented, sustainability-screened bond fund without changing the process that defines it. Khanduja has run the strategy since January 2013, and Ellis joined him in November 2015. The pair has provided continuity through Eaton Vance's purchase of Calvert and Morgan Stanley's later acquisition of Eaton Vance. The fund now draws on Morgan Stanley's macro, high-yield, bank-loan, and securitized research alongside Calvert's independent environmental, social, and governance team. The group’s newfound depth has made a difference; for example, a London-based analyst sourced the fund's new stake in Danish covered bonds in 2025.

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Portfolio Holdings CINCX

  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings27.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 5%

8.10126M
Government

Federal National Mortgage Association 5%

4.6973M
Securitized

United States Treasury Notes 3.75%

3.7258M
Government

United States Treasury Notes 4.125%

3.6857M
Government

Federal National Mortgage Association 4.5%

1.8829M
Securitized

United States Treasury Bonds 4%

1.2519M
Government

United States Treasury Bonds 3.25%

1.2019M
Government

Federal Home Loan Mortgage Corp. 5.5%

1.0917M
Securitized

Nykredit Fixed Coupon 3.500000 Maturity 20561001

1.0116M
Corporate

Nykredit Fixed Coupon 3.500000 Maturity 20530401

0.8914M
Corporate

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