CUBAX: Calvert Flexible Bond Fund - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Calvert Absolute Return Bond A

CUBAX - Snapshot

Vitals

  • YTD Return 0.7%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return 4.0%
  • Net Assets $204 M
  • Holdings in Top 10 16.0%

52 WEEK LOW AND HIGH

$15.42
$13.06
$15.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.96%

SALES FEES

  • Front Load 3.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 87.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Compare CUBAX to Popular Bond Sector Diversified Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$12.11

0.00%

$131.63 B

4.86%

$0.59

0.00%

1.09%

$10.39

0.00%

$35.32 B

2.69%

$0.28

0.19%

0.74%

$8.48

-0.12%

$20.24 B

3.65%

$0.31

0.83%

0.79%

$12.64

0.00%

$15.65 B

2.05%

$0.26

0.24%

0.97%

$9.74

+0.10%

$15.00 B

4.52%

$0.44

-0.61%

0.92%

CUBAX - Profile

Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 3.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.05%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Calvert Flexible Bond Fund
  • Fund Family Name
    Calvert Investments
  • Inception Date
    Sep 30, 2014
  • Shares Outstanding
    1549324
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Vishal Khanduja

Fund Description

The fund seeks to achieve its investment objective through a flexible investment process that allocates investments across global fixed-income markets and uses various investment strategies. It is not constrained in its management relative to an index. Under normal circumstances, the fund invests at least 80% of its net assets (including borrowings for investment purposes) in bonds and/or instruments (including derivative instruments) that provide exposure to bonds. Bonds include debt securities of any maturity.


CUBAX - Performance

Return Ranking - Trailing

Period CUBAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -4.7% 7.2% 20.82%
1 Yr 3.9% -28.6% 24.1% 63.72%
3 Yr 3.5%* -17.9% 10.4% 62.23%
5 Yr 4.0%* -11.9% 14.1% 70.80%
10 Yr N/A* -1.2% 13.0% N/A

* Annualized

Return Ranking - Calendar

Period CUBAX Return Category Return Low Category Return High Rank in Category (%)
2020 1.1% -49.2% 314.3% 55.06%
2019 3.5% -35.1% 15.3% 67.86%
2018 -2.9% -48.0% 3.1% 19.25%
2017 -0.1% -14.8% 11.2% 82.48%
2016 2.0% -11.2% 10.7% 63.76%

Total Return Ranking - Trailing

Period CUBAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -4.7% 7.0% 20.95%
1 Yr 0.0% -31.1% 24.1% 80.82%
3 Yr 2.2%* -19.5% 10.4% 79.00%
5 Yr 3.2%* -12.9% 14.1% 81.49%
10 Yr N/A* -1.2% 13.0% N/A

* Annualized

Total Return Ranking - Calendar

Period CUBAX Return Category Return Low Category Return High Rank in Category (%)
2020 1.1% -49.2% 314.3% 55.06%
2019 3.8% -35.1% 15.3% 65.37%
2018 0.1% -48.0% 8.0% 11.93%
2017 3.2% -14.8% 15.2% 45.26%
2016 6.2% -11.2% 17.7% 26.94%

NAV & Total Return History


CUBAX - Holdings

Concentration Analysis

CUBAX Category Low Category High CUBAX % Rank
Net Assets 204 M 10 132 B 69.25%
Number of Holdings 218 3 7676 70.33%
Net Assets in Top 10 32.3 M -2.73 B 12 B 63.28%
Weighting of Top 10 15.99% 4.8% 100.0% 72.36%

Top 10 Holdings

  1. United States Treasury Notes 0.75% 2.94%
  2. United States Treasury Notes 1.75% 2.03%
  3. United States Treasury Notes 1.62% 2.03%
  4. Calvert Floating-Rate Advantage R6 2.02%
  5. AMERICAN AIRLINES PASS THROUGH TRUSTS 5.6% 1.69%
  6. RETL 2019-RVP 1.7% 1.58%
  7. BAMLL COMMERCIAL MORTGAGE SECURITIES TRUST 3.72% 1.56%
  8. Ford Motor Credit Company LLC 1.3% 1.55%
  9. Coinstar Funding, LLC 5.22% 1.50%
  10. MORGAN STANLEY CAPITAL I TRUST 2.26% 1.42%

Asset Allocation

Weighting Return Low Return High CUBAX % Rank
Bonds
83.45% -262.75% 9989800.00% 65.28%
Cash
9.62% -220.60% 362.75% 33.47%
Preferred Stocks
4.22% 0.00% 35.26% 5.96%
Convertible Bonds
2.32% 0.00% 179.84% 41.19%
Stocks
0.38% -91.60% 170.77% 28.94%
Other
0.01% -42.24% 120.57% 34.69%

Stock Sector Breakdown

Weighting Return Low Return High CUBAX % Rank
Utilities
100.00% 0.00% 100.00% 0.21%
Technology
0.00% 0.00% 100.00% 42.24%
Real Estate
0.00% 0.00% 100.00% 50.93%
Industrials
0.00% 0.00% 100.00% 55.07%
Healthcare
0.00% 0.00% 80.00% 49.69%
Financial Services
0.00% 0.00% 100.00% 55.90%
Energy
0.00% 0.00% 100.00% 73.91%
Communication Services
0.00% 0.00% 100.00% 60.66%
Consumer Defense
0.00% 0.00% 93.82% 34.99%
Consumer Cyclical
0.00% 0.00% 100.00% 52.80%
Basic Materials
0.00% 0.00% 100.00% 48.24%

Stock Geographic Breakdown

Weighting Return Low Return High CUBAX % Rank
US
0.38% -87.24% 170.77% 25.20%
Non US
0.00% -4.36% 4.07% 36.45%

Bond Sector Breakdown

Weighting Return Low Return High CUBAX % Rank
Corporate
46.39% 0.00% 99.91% 42.55%
Securitized
38.56% 0.00% 99.25% 21.41%
Cash & Equivalents
9.66% 0.00% 100.00% 38.75%
Government
5.40% 0.00% 98.23% 64.50%
Derivative
0.00% 0.00% 66.79% 58.40%
Municipal
0.00% 0.00% 42.12% 45.26%

Bond Geographic Breakdown

Weighting Return Low Return High CUBAX % Rank
US
75.55% -262.75% 217.49% 27.24%
Non US
7.90% -13.39% 151.10% 80.89%

CUBAX - Expenses

Operational Fees

CUBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.96% 0.01% 14.61% 66.52%
Management Fee 0.47% 0.00% 2.25% 19.05%
12b-1 Fee 0.25% 0.00% 1.00% 22.80%
Administrative Fee 0.12% 0.01% 0.70% 56.15%

Sales Fees

CUBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 0.00% 5.75% 53.10%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

CUBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CUBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 87.00% 0.00% 493.00% 46.72%

CUBAX - Distributions

Dividend Yield Analysis

CUBAX Category Low Category High CUBAX % Rank
Dividend Yield 0.00% 0.00% 6.34% 23.75%

Dividend Distribution Analysis

CUBAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

CUBAX Category Low Category High CUBAX % Rank
Net Income Ratio 3.05% -1.55% 18.14% 60.85%

Capital Gain Distribution Analysis

CUBAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

CUBAX - Fund Manager Analysis

Managers

Vishal Khanduja


Start Date

Tenure

Tenure Rank

Sep 30, 2014

6.26

6.3%

Vishal Khanduja is a vice president and portfolio manager for Calvert Research and Management, a wholly owned subsidiary of Eaton Vance Management specializing in responsible and sustainable investing across global capital markets. He joined Calvert Research and Management in 2016. Vishal began his career in the investment management industry in 2005. He has been affiliated with the Eaton Vance organization since 2016. Before joining the Eaton Vance organization, he was a senior vice president, portfolio manager and head of taxable fixed income for Calvert Investments. Previously, he was a vice president and portfolio manager at Columbia Threadneedle and associate director of fixed-income analytics at Galliard Capital. Vishal earned a bachelor of engineering from VJTI, Mumbai, India and an MBA from the Tippie School of Management at the University of Iowa. He is a member of the CFA Institute and the CFA Society of Boston. He is a CFA charterholder.

Brian Ellis


Start Date

Tenure

Tenure Rank

Sep 30, 2014

6.26

6.3%

Brian Ellis is a vice president and portfolio manager for Calvert Research and Management, a wholly owned subsidiary of Eaton Vance Management specializing in responsible and sustainable investing across global capital markets. He joined Calvert Research and Management in 2016. Brian began his career in the investment management industry in 2006. He has been affiliated with the Eaton Vance organization since 2016. Before joining the Eaton Vance organization, he was a portfolio manager of fixed-income strategies for Calvert Investments. Previously, he was a software engineer and analyst at Legg Mason Capital Management (now ClearBridge Investments). Brian earned a B.S. in finance from Salisbury University. He is a CFA charterholder and an FSA credential holder. He is a member of the CFA Institute and the CFA Society of Boston.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 29.65 5.5 2.0