About CUBAX
Calvert Flexible Bond Fund Class A is an open-end mutual fund in the nontraditional bond category that targets positive absolute returns across a full market cycle. It pursues a flexible, multi-sector approach across global fixed-income markets, allocating among investment-grade credit, mortgage- and asset-backed securities, Treasuries, high yield, bank loans, and other sectors, and may use derivatives to gain bond exposure. The strategy maintains broad diversification with hundreds of holdings and a moderate effective duration profile designed to balance income with interest-rate sensitivity. The portfolio often emphasizes securitized assets and U.S. government-related securities alongside credit exposures, guided by The Calvert Principles for Responsible Investment, which integrate environmental, social, and governance considerations into security selection. The fund’s structure allows allocation shifts as conditions change, aiming to navigate varied rate and credit environments while keeping an absolute-return orientation. Investors typically encounter an expense ratio aligned with front-load share class norms and a stated 30‑day SEC yield reflecting current income generation. This strategy serves as a flexible core-plus bond holding within a diversified fixed-income allocation.
Fund Family Calvert Research and Management
Category Multisector Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol CUBAX
Share Class Class A
Index ICE BofA US 3-Month T Bill TR IX
CUBAX had a total return of 5.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.56%.
