Calvert US Large-Cap Value Responsible Index Fund Class R6 (CLVRX)

Overview

The fund described is set up with a clear focus on passive management, aiming to replicate the performance of its benchmark index as closely as possible. This approach involves mirroring the index's composition in terms of the securities it contains, maintaining a proportionate investment across companies included in the index. The strategy emphasizes minimal deviation from the index's performance, committing at least 95% of its net assets—which can also include any borrowings for investment purposes—directly into the securities that are part of the index. This method underscores a disciplined adherence to the index with the goal of matching its performance, typically appealing to investors seeking exposure to a specific market segment without the active management fees.

Products and Services

• Index Tracking Investment Fund

  This product is the cornerstone offering, designed for investors aiming to gain exposure to the performance of a specified market index. By investing in the common stock of each company within the target index in proportions that mirror those found in the index itself, the fund seeks to achieve a high degree of correlation with the index's performance. This strategy is ideally suited for investors looking for a long-term investment that tracks a broader market or specific sector, capitalizing on the potential for growth while mitigating the risks associated with the active management of assets.

• Securities Investment in Proportion to Index

  Integral to the fund's strategy is the investment in securities contained within the target index in approximately the same proportion as those securities are represented in the index. This approach ensures that the fund's performance closely aligns with that of the index, reflective of the market or sector the index represents. It's particularly attractive for investors who prefer a passive investment strategy that seeks to mirror the performance of an index, reducing the potential for underperformance compared to active management strategies.

• High-Asset Commitment

  The fund distinguishes itself by committing at least 95% of its net assets, including any borrowings for investment purposes, to securities contained within the index. This high level of investment in the index's securities is a testament to the fund's strategy of closely tracking the performance of the index. It illustrates a significant commitment to the index-centric investment approach, providing assurances to investors about the fund's dedication to its passive management strategy and the minimal degree of cash drag on performance.