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Morningstar

Calvert Ultra-Short Duration Income I CULIX

Morningstar Analyst Rating
Analyst rating as of | See Eaton Vance Investment Hub
  • NAV / 1-Day Return 9.77  /  0.00
  • Total Assets 812.4 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 250,000
  • Status Open
  • TTM Yield 2.30%
  • Effective Duration 0.54 years

USD | NAV as of Feb 06, 2023 | 1-Day Return as of Feb 06, 2023, 11:31 PM GMT+00:00

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.

There is room for this sustainable ultrashort bond fund to grow.

Senior Analyst

Summary

| by Gabriel Denis

Calvert Ultra-Short Duration Income takes on significant credit risk relative to others in the conservative ultrashort bond Morningstar Category. Without a process or personnel edge, the strategy's cheapest share class receives a Morningstar Analyst Rating of Neutral, while its more expensive are rated Negative.

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