Calvert International Equity Fund Class C (CWVCX)

Overview

The company described appears to be an investment fund that focuses on the foreign equity market, specifically targeting large-cap companies outside the United States. It dedicates at least 80% of its net assets, which includes funds borrowed for investment purposes, to investing in equity securities. These securities include common and preferred stock, as well as depositary receipts of foreign companies. The fund uses the Morgan Stanley Capital International (MSCI) Europe, Australasia, and Far East (EAFE) Index as a guide to identifying non-U.S. large-cap companies for investment. This strategic approach aims to diversify investment portfolios by tapping into potential growth in foreign markets, with a specific emphasis on large-cap entities that are likely to offer stability and reliable returns.

Products and Services

• Equity Securities Investment

  Investing primarily in equity securities of foreign companies is a central service provided by this investment fund. Equity securities are financial assets that represent ownership in a company, such as common and preferred stocks, or depositary receipts on such stock. By focusing on non-U.S. companies, the fund seeks to offer its investors exposure to international markets and diversification benefits beyond domestic investments.

• Investment in Common and Preferred Stock

  The fund invests in both common and preferred stock of foreign companies. Common stock offers the potential for capital appreciation through an increase in the stock's price, alongside dividends, albeit with no fixed dividend rate. Preferred stock, on the other hand, typically offers fixed dividend payments and has priority over common stock in the event of liquidation, but with generally lower growth potential. This blend of stock types aims to balance the fund’s growth potential with income stability.

• Investment in Depositary Receipts

  Depositary receipts, such as American Depositary Receipts (ADRs), represent a specific number of shares in a foreign company and are traded on U.S. stock exchanges. They allow U.S. investors to invest in foreign companies without the complexities of dealing with foreign markets directly. This fund uses depositary receipts to give its investors an easier path to owning foreign securities, simplifying international investing while offering the opportunity to benefit from global economic growth.

• Morgan Stanley Capital International (MSCI) EAFE Index Adherence

  The fund strategically defines non-U.S. large-cap companies by aligning with the market capitalization range of the MSCI EAFE Index. This index is a benchmark designed to measure the equity market performance of developed markets outside of the U.S. and Canada. By following this index, the fund systematically identifies investment opportunities in Europe, Australasia, and the Far East that meet its criteria for large-cap investments, potentially offering a balanced mix of risk and return to its investors.