Calvert Growth Allocation Fund Class R6 (CGARX)

Overview

The fund operates as a "fund of funds," focusing on achieving its investment goals by primarily investing in various Calvert income and equity funds that meet specific investment and responsible investing criteria. It follows a strategic allocation of its assets, mainly targeting equity securities through underlying funds while maintaining a portion of its assets in income-focused funds. This strategic diversification aims to balance the portfolio by blending growth potential via equity investments with the stability offered by income securities.

Products and Services

• Equity Funds Allocation

  - The fund allocates 80%-100% of its net assets to other funds that primarily invest in equity securities. This includes a range of investments from stocks in companies that are considered to meet responsible investing criteria, to sectors that align with the fund's investment objectives. The emphasis on equity securities aims to capitalize on the growth potential of these investments, contributing to the fund's overall performance.

• Income Funds Allocation

  - Up to 20% of the fund's net assets are invested in funds focusing on income securities. This portion is dedicated to generating regular income for the fund, providing a stable foundation and mitigating the volatility often associated with equity investments. The income securities may include bonds and other debt instruments, selected based on their potential to contribute to the fund's income and stability.

• Cash and Short-term Money Market Instruments

  - The fund may allocate 0% to 10% of its net assets in cash and short-term money market instruments. This allocation is designed to provide the fund with liquidity and flexibility, allowing it to respond to market opportunities or meet redemption requests without significantly disrupting its investment strategy. It also serves as a buffer against market volatility, providing a level of security for the fund's assets.