CUBRX: Calvert Flexible Bond Fund - MutualFunds.com

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

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

Calvert Absolute Return Bond Fund

CUBRX - Snapshot

Vitals

  • YTD Return 0.1%
  • 3 Yr Annualized Return 2.6%
  • 5 Yr Annualized Return 3.5%
  • Net Assets $200 M
  • Holdings in Top 10 17.1%

52 WEEK LOW AND HIGH

$15.12
$13.02
$15.20

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.61%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 87.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Compare CUBRX to Popular Bond Sector Diversified Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$11.97

0.00%

$125.30 B

5.18%

$0.62

-0.58%

-

$10.29

0.00%

$32.69 B

2.73%

$0.28

3.21%

-

$8.29

+0.24%

$18.52 B

3.78%

$0.31

1.97%

-

$9.81

+0.10%

$16.74 B

5.23%

$0.51

-8.49%

-

$12.70

+0.24%

$14.90 B

2.09%

$0.26

3.42%

-

CUBRX - Profile

Distributions

  • YTD Total Return 0.1%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return 3.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.27%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Calvert Flexible Bond Fund
  • Fund Family Name
    Calvert Research and Management
  • Inception Date
    May 01, 2019
  • Shares Outstanding
    2079754
  • Share Class
    Retirement
  • 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.


CUBRX - Performance

Return Ranking - Trailing

Period CUBRX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -39.7% 308.9% 58.31%
1 Yr 1.1% -30.8% 18.8% 64.76%
3 Yr 2.6%* -12.3% 7.8% 56.76%
5 Yr 3.5%* -15.6% 10.7% 57.39%
10 Yr N/A* -1.7% 11.6% N/A

* Annualized

Return Ranking - Calendar

Period CUBRX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -35.1% 15.3% N/A
2018 N/A -48.0% 3.1% N/A
2017 N/A -14.8% 11.2% N/A
2016 N/A -11.2% 10.7% N/A
2015 N/A -51.1% 4.8% N/A

Total Return Ranking - Trailing

Period CUBRX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -39.7% 308.9% 58.31%
1 Yr 1.1% -33.3% 18.8% 54.34%
3 Yr 2.6%* -14.0% 7.8% 50.08%
5 Yr 3.5%* -16.6% 10.7% 53.39%
10 Yr N/A* -1.7% 11.6% N/A

* Annualized

Total Return Ranking - Calendar

Period CUBRX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -35.1% 15.3% N/A
2018 N/A -48.0% 8.0% N/A
2017 N/A -14.8% 15.2% N/A
2016 N/A -11.2% 17.7% N/A
2015 N/A -51.1% 5.4% N/A

NAV & Total Return History


CUBRX - Holdings

Concentration Analysis

CUBRX Category Low Category High CUBRX % Rank
Net Assets 200 M 1.11 M 125 B 68.76%
Number of Holdings 215 3 7722 70.99%
Net Assets in Top 10 34.8 M -3.27 B 29.7 B 62.48%
Weighting of Top 10 17.09% 4.9% 100.0% 68.70%

Top 10 Holdings

  1. United States Treasury Notes 0.75% 2.91%
  2. United States Treasury Notes 1.75% 2.03%
  3. United States Treasury Notes 1.62% 2.03%
  4. AMERICAN AIRLINES PASS THROUGH TRUSTS 5.6% 1.69%
  5. RETL 2019-RVP 1.7% 1.58%
  6. MORGAN STANLEY CAPITAL I TRUST 2.25% 1.52%
  7. Ford Motor Credit Company LLC 1.3% 1.50%
  8. Coinstar Funding, LLC 5.22% 1.47%
  9. Stack Infrastructure Issuer Llc 4.54% 1.40%
  10. BAMLL COMMERCIAL MORTGAGE SECURITIES TRUST 3.72% 1.38%

Asset Allocation

Weighting Return Low Return High CUBRX % Rank
Bonds
81.83% -262.75% 322.42% 75.17%
Cash
13.39% -229.11% 362.75% 16.32%
Preferred Stocks
2.32% 0.00% 28.10% 10.04%
Convertible Bonds
2.19% 0.00% 160.39% 41.56%
Stocks
0.26% -65.68% 166.80% 32.04%
Other
0.01% -25.82% 100.67% 37.24%

Stock Sector Breakdown

Weighting Return Low Return High CUBRX % Rank
Utilities
100.00% 0.00% 100.00% 1.71%
Technology
0.00% 0.00% 100.00% 50.00%
Real Estate
0.00% 0.00% 100.00% 55.56%
Industrials
0.00% 0.00% 100.00% 56.20%
Healthcare
0.00% 0.00% 82.26% 54.70%
Financial Services
0.00% 0.00% 100.00% 60.04%
Energy
0.00% 0.00% 100.00% 71.15%
Communication Services
0.00% 0.00% 100.00% 64.74%
Consumer Defense
0.00% 0.00% 94.80% 43.59%
Consumer Cyclical
0.00% 0.00% 100.00% 58.76%
Basic Materials
0.00% 0.00% 31.61% 47.22%

Stock Geographic Breakdown

Weighting Return Low Return High CUBRX % Rank
US
0.26% -62.15% 166.80% 30.13%
Non US
0.00% -3.53% 3.13% 41.00%

Bond Sector Breakdown

Weighting Return Low Return High CUBRX % Rank
Corporate
43.61% 0.00% 99.15% 47.28%
Securitized
37.70% 0.00% 98.91% 24.13%
Cash & Equivalents
13.43% 0.00% 100.00% 24.83%
Government
5.26% 0.00% 98.23% 64.44%
Derivative
0.00% 0.00% 68.37% 63.32%
Municipal
0.00% 0.00% 41.64% 50.49%

Bond Geographic Breakdown

Weighting Return Low Return High CUBRX % Rank
US
72.31% -262.75% 231.38% 42.96%
Non US
9.52% -91.99% 135.29% 74.62%

CUBRX - Expenses

Operational Fees

CUBRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.61% 0.01% 24.26% 90.42%
Management Fee 0.47% 0.00% 2.25% 19.36%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.12% 0.01% 0.70% 56.43%

Sales Fees

CUBRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 6.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

CUBRX 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.

CUBRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 87.00% 0.00% 493.00% 53.10%

CUBRX - Distributions

Dividend Yield Analysis

CUBRX Category Low Category High CUBRX % Rank
Dividend Yield 0.00% 0.00% 6.12% 29.14%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

CUBRX Category Low Category High CUBRX % Rank
Net Income Ratio 3.27% -1.55% 18.14% 60.17%

Capital Gain Distribution Analysis

CUBRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Dividend Payout History

View More +

CUBRX - Fund Manager Analysis

Managers

Vishal Khanduja


Start Date

Tenure

Tenure Rank

Sep 30, 2014

6.09

6.1%

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

6.09

6.1%

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
0.03 29.48 5.39 1.84
Continue to site >
Trending ETFs