About CULRX
Calvert Ultra-Short Duration Income Fund Class R6 is a mutual fund designed to maximize income while prioritizing capital preservation through investments in short-term bonds and income-producing securities. It maintains an average portfolio duration under one year, with an effective duration of approximately 0.64 years and average effective maturity of 1.15 years, focusing primarily on bonds that constitute over 94% of the portfolio. Top holdings include miscellaneous bonds, U.S. Treasury notes, and obligations from issuers like Goldman Sachs Bank USA and Bank of America, alongside a small cash allocation. Guided by the Calvert Principles for Responsible Investment, the fund integrates environmental, social, and governance factors into its selection process, potentially limiting exposure to certain sectors like energy while emphasizing sustainability. Class R6 shares target eligible institutional investors with a $5 million minimum initial investment. With net assets around $684 million, a yield of about 4.49%, and low volatility metrics such as a beta of 0.05-0.07, it plays a key role in providing stable, short-term income within fixed-income markets, particularly for those seeking responsible investment strategies.
Fund Family Calvert Research and Management
Category Ultra-Short Oblig
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol CULRX
Share Class Class R6
Index Bloomberg Short Treasury 9-12 Month TR
CULRX had a total return of 3.62% in the past year, including dividends. Since the fund's
inception, the average annual return has been -2.20%.
