Calvert Emerging Markets Advancement A (CEFAX)

Fund Assets	167.48M
Expense Ratio	1.222%
Min. Investment	$1,000
Turnover	119.00%
Dividend (ttm)	0.46
Dividend Yield	2.52%
Dividend Growth	154.03%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2025

Previous Close	18.23
YTD Return	17.98%
1-Year Return	24.01%
5-Year Return	69.63%
52-Week Low	14.96
52-Week High	20.02
Beta (5Y)	0.71
Holdings	409
Inception Date	Oct 1, 2019

About CEFAX

The Calvert Emerging Markets Advancement Fund Class A is an open-end mutual fund designed to provide investors with equity exposure to companies in emerging market countries. The fund primarily invests at least 80% of its assets in equity securities from countries classified as emerging markets, focusing on firms that meet strict environmental, social, and governance (ESG) standards as outlined by the Calvert Principles for Responsible Investment. Leveraging a top-down investment approach, the fund selects countries with improving political and economic governance and then allocates investments to companies in those markets that align with its responsible investment criteria. Its holdings span a broad range of market capitalizations and sectors, reflecting the diverse and dynamic nature of emerging economies. The fund aims to achieve a balance between long-term growth potential and positive social impact, making it a significant player in the responsible investing segment of emerging markets. Managed by a team with extensive experience in both ESG and emerging market analysis, the fund serves institutional and individual investors seeking diversified, sustainability-focused international equity exposure.

• Fund Family: Calvert Research and Management
• Category: Diversified Emerging Mkts
• Performance Rating: High
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: CEFAX
• Share Class: Class A
• Index: MSCI EM (Emerging Markets) NR USD

Performance

CEFAX had a total return of 24.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.59%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FGOMX	Fidelity	Strategic Advisers Fidelity Emerging Markets Fund	0.29%
FPADX	Fidelity	Fidelity Emerging Markets Index Fund	0.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
CEFIX	Class I	0.95%

Top 10 Holdings

41.01% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	10.70%
Samsung Electronics Co., Ltd.	005930	6.94%
SK hynix Inc.	000660	4.41%
Morgan Stanley Inst Lqudty Gov Sec Ins	MUIXX	3.58%
OTP Bank Nyrt.	OTP	3.30%
Bank of Cyprus Holdings PLC	318	3.14%
Credicorp Ltd.	BAP	2.93%
Nova Ljubljanska Banka d.d.	NLB	2.29%
Georgia Capital PLC	CGEO	2.12%
Piraeus Bank S.A.	TPEIR	1.60%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$0.457	Dec 19, 2025
Dec 19, 2024	$0.1799	Dec 20, 2024
Dec 21, 2023	$0.314	Dec 22, 2023
Dec 29, 2022	$0.5259	Dec 30, 2022
Dec 29, 2021	$0.5442	Dec 30, 2021
Dec 29, 2020	$0.0097	Dec 30, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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