We have upgraded the People rating of Calvert Ultra-Short Duration Income to Above Average from Average. While the core portfolio management duo of Vishal Khanduja and Brian Ellis remains unchanged, the broader integration process between the previously separate Calvert, Eaton Vance, and Morgan Stanley fixed-income groups has now been largely completed. This provides the portfolio managers access to considerable analytical and trading resources globally, complementing their own experience with access to teams that are highly regarded by Morningstar analysts covering them, such as bank loans and high yield. Khanduja and Ellis have managed the strategy since 2016 and 2012, respectively.
Calvert Ultra-Short Duration Income A CULAX
- NAV / 1-Day Return 9.85 / +0.01 %
- Total Assets 729.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.720%
- Distribution Fee Level High
- Share Class Type No Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.75%
- Effective Duration 0.49 years
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0
Morningstar’s Analysis CULAX
Will CULAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 12.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Bills 0% | 7.68 | 71.3 Mil | Government |
Msilf Government Portfolio Msilf Government Portfolio | 2.77 | 25.7 Mil | Cash and Equivalents |
JPMorgan Chase & Co. 3.845% | 2.21 | 20.5 Mil | Corporate |
Ford Motor Credit Company LLC 5.125% | 1.56 | 14.5 Mil | Corporate |
Bank of America Corp. 2.456% | 1.53 | 14.2 Mil | Corporate |
General Motors Financial Company Inc 5.97044% | 1.26 | 11.7 Mil | Corporate |
Sprint LLC 7.125% | 1.26 | 11.7 Mil | Corporate |
Capital One Financial Corp. 4.166% | 1.19 | 11.0 Mil | Corporate |
JPMorgan Chase & Co. 5.546% | 1.18 | 11.0 Mil | Corporate |
Goldman Sachs Group, Inc. 5.84258% | 1.14 | 10.6 Mil | Corporate |