Calvert Floating-Rate Advantage Fund Class A (CFOAX)
| Fund Assets | 41.40M |
| Expense Ratio | 2.79% |
| Min. Investment | $1,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 6.49% |
| Dividend Growth | -21.92% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.90 |
| YTD Return | -0.32% |
| 1-Year Return | 2.58% |
| 5-Year Return | 24.11% |
| 52-Week Low | 8.43 |
| 52-Week High | 8.95 |
| Beta (5Y) | n/a |
| Holdings | 178 |
| Inception Date | Oct 10, 2017 |
About CFOAX
Calvert Floating-Rate Advantage Fund Class A is an actively managed open-end mutual fund focused on **floating‑rate leveraged credit**. The fund seeks a high level of current income by investing primarily in **senior secured floating‑rate loans** made to corporate borrowers across a wide range of sectors, credit tiers, and issuers. These loans typically pay interest at a spread over short-term reference rates, helping the portfolio’s income adjust as market rates change. The strategy employs **broad diversification** and in‑depth, bottom‑up credit research, and it may use leverage to increase exposure to income-producing assets. Calvert integrates its **Principles for Responsible Investment** into the research and security selection process, emphasizing environmental, social, and governance considerations alongside traditional credit analysis. Within the fixed income universe, the fund is positioned in the **bank loan** category, offering institutional-style access to the U.S. and global floating‑rate loan market for investors seeking exposure to below‑investment‑grade corporate credit with low interest‑rate duration.
Performance
CFOAX had a total return of 2.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.07%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFRCX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class C | 1.77% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class I | 0.77% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
Top 10 Holdings
27.29% of assets| Name | Symbol | Weight |
|---|---|---|
| Morgan Stanley Inst Lqudty Gov Sec Ins | MUIXX | 15.37% |
| Creative Planning | n/a | 1.79% |
| Applied Systems, Inc. | APPSYS.L 02.24.31 14 | 1.57% |
| Focus Financial Partners, Llc | n/a | 1.40% |
| AMWINS GROUP INC 2025 TERM LOAN B | AMWINS.L 01.30.32 10 | 1.30% |
| Gates Global LLC | GTES.L 06.04.31 14 | 1.29% |
| Sedgwick Claims Management Services, Inc. | SEDGEW.L 02.24.28 6 | 1.24% |
| Tk Elevator | n/a | 1.14% |
| Aadvantage Loyalty Ip (American Airlines) | n/a | 1.13% |
| Garda World Security Corporation | n/a | 1.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04161 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04317 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04083 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04569 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04604 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04869 | Aug 29, 2025 |