Investment Overview

ESG-integrated strategy that seeks opportunities related to climate change and other environmental issues while maximizing income and preserving capital.
Invests solely in securities of any maturity meeting the Calvert Principles for Responsible Investment and bonds designated as "Green" through our proprietary research process
Target Tracking Error: 200-300 bps
Target Excess Return: 250-400 bps
Team includes 33 fixed income investment professionals involved in portfolio management, fundamental credit research, ESG research, risk management and trading
Calvert philosophy guided by the Four Pillars of Responsible Investment (see below)
 

Calvert's Four Pillars of Responsible Investing

Performance
Our first responsibility is to seek strong portfolio returns.
Research
We conduct deep, proprietary research focused on material ESG issues.
Engagement
As shareholders, we actively engage with companies to help drive performance and social value.
Impact
We believe the impact of your investments should be material and measurable.
 

Strategy Focus

We seek to source and identify bonds focused on the following sustainability challenges:
Clean energy development and technology
Smart growth
Energy efficiency
Water purification and waste management
Eco-system and land conservation
Sustainable agriculture
Other resource management
Products and services with a reduced eco-footprint
 

Investment Team

Vishal Khanduja, CFA
Portfolio Manager
14 years of industry experience
7 years at Calvert*
BE, VJTI, Mumbai, India
MBA, University of Iowa
Brian Ellis, CFA
Portfolio Manager
12 years of industry experience
10 years at Calvert*
BS, Salisbury University
*Years at Calvert include years at Calvert Research and Management (CRM) and years at Calvert Investment Managements (CIM).
 

Benchmark

ICE BofAML Green Bond Index (USD Hedged)
 

Disclosure

Calvert Research and Management is an SEC registered investment adviser and wholly owned subsidiary of Eaton Vance Management.