Morningstar

Calvert Ultra-Short Duration Income Fund Class I CULIX

Morningstar Medalist Rating
Medalist Rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 9.91  /  0.00
  • Total Assets 701.5M
  • Adj. Expense Ratio
    0.470%
  • Expense Ratio 0.460%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 4.12%
  • Effective Duration 0.64 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis CULIX

Will CULIX outperform in the 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.

A carefully run ultrashort fund that still isn’t cash.

Principal Maciej Kowara

Maciej Kowara

Principal

Summary

Calvert Ultra-Short Duration Income’s edge comes from taking measured credit risk and not from mimicking cash, which also means investors should expect occasional setbacks here when credit markets seize up.

by Maciej Kowara
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Portfolio Holdings CULIX

More CULIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.75%

9.29 66M
Government

United States Treasury Notes 0.375%

6.87 49M
Government

JPMorgan Chase & Co. 5.04%

2.43 17M
Corporate

Morgan Stanley Inst Lqudty Gov Sec Ins

2.16 15M
Cash and Equivalents

Bank of America Corp. 1.734%

2.01 14M
Corporate

HAT Holdings I LLC and HAT Holdings II LLC 3.375%

1.22 9M
Cash and Equivalents

Bank of Ireland Group PLC 2.029%

1.17 8M
Corporate

Wells Fargo & Co. 3.196%

1.14 8M
Corporate

UBS Group AG 1.494%

1.02 7M
Corporate

Rogers Communications Inc. 0%

0.99 7M
Cash and Equivalents

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