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Morningstar

Calvert Ultra-Short Duration Income I CULIX

Morningstar Medalist Rating
Medalist Rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 9.88  /  +0.04 %
  • Total Assets 741.2 Mil
  • Adj. Expense Ratio
    0.470%
  • Expense Ratio 0.470%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 5.16%
  • Effective Duration 0.49 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis CULIX

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

  • People Pillar

    The People Pillar is our evaluation of the CULIX 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 CULIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Integration is largely complete, and the team can access global resources.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

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.

by Maciej Kowara
Rated on Published on

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Portfolio Holdings CULIX

More CULIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.75%

4.41 35.2 Mil
Government

United States Treasury Notes 3.875%

3.30 26.3 Mil
Government

Us Dollars

3.25 25.9 Mil
Cash and Equivalents

Msilf Government Portfolio Msilf Government Portfolio

3.02 24.1 Mil
Cash and Equivalents

JPMorgan Chase & Co. 3.845%

2.08 16.6 Mil
Corporate

Ford Motor Credit Company LLC 5.125%

1.41 11.3 Mil
Corporate

Bank of America Corp. 2.456%

1.36 10.9 Mil
Corporate

VANTAGE DATA CENTERS ISSUER LLC 3.188%

1.30 10.4 Mil
Securitized

UBS AG New York Branch 3.625%

1.25 9.9 Mil
Corporate

HPEFS EQUIPMENT TRUST 2024-1 5.38%

1.22 9.8 Mil
Securitized