Calvert Floating-Rate Advantage Fund Class I (CFOIX)
| Fund Assets | 34.57M |
| Expense Ratio | 2.54% |
| Min. Investment | $1,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 6.30% |
| Dividend Growth | -26.57% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 8.50 |
| YTD Return | -0.29% |
| 1-Year Return | 3.42% |
| 5-Year Return | 23.55% |
| 52-Week Low | 8.50 |
| 52-Week High | 8.78 |
| Beta (5Y) | 0.14 |
| Holdings | 114 |
| Inception Date | Oct 10, 2017 |
About CFOIX
Calvert Floating-Rate Advantage Fund Class I is a fixed-income mutual fund designed to provide high current income through investments in floating-rate debt securities. The fund invests at least 80% of its net assets in senior floating-rate loans from both domestic and foreign borrowers, along with other floating-rate debt instruments. By focusing on securities with interest rates that reset periodically based on market benchmarks, the fund aims to reduce interest rate risk and benefit when rates rise, as coupon payments increase accordingly. The fund offers broad diversification across the floating-rate loan market, spanning multiple sectors, credit tiers, and issuers. It may also employ leverage to enhance income generation, though this increases both risk and return potential. Managed by Eaton Vance, a long-established investor in floating-rate loans, the fund is structured to provide portfolio diversification benefits due to the historically low correlation between floating-rate loans and traditional equity and fixed-income markets. The fund is suitable for investors seeking current income with exposure to variable-rate debt instruments across a diversified credit landscape.
Performance
CFOIX had a total return of 3.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.74%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.03356 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03783 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02988 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0433 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04493 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04257 | Nov 28, 2025 |