Calvert Ultra-Short Duration Income A

Calvert Ultra-Short Duration Income Fund Class A (CULAX) is an open-end mutual fund managed by Calvert Research and Management, a recognized leader in Responsible Investing, and is listed on NASDAQ with approximately $700 million in total net assets. The fund seeks to maximize income consistent with preservation of capital by investing at least 80% of its net assets in floating-rate securities and fixed-income instruments with durations of less than or equal to one year, maintaining an effective duration typically under one year and falling within Morningstar's Ultrashort Bond category. Investment decisions are guided by The Calvert Principles for Responsible Investment, incorporating deep proprietary ESG research across approximately 200 peer groups using over 200 key performance indicators, with the portfolio primarily composed of corporate bonds, asset-backed securities, and government securities. The fund has been co-managed by Vishal Khanduja, CFA, and Brian S. Ellis, CFA, since 2012 and 2016, respectively, and carries a net expense ratio of 0.72% with a minimum initial investment of $1,000.