Investment Overview

ESG-integrated strategy focused on short duration (1-5 year) securities.
Invests solely in the securities meeting the Calvert Principles for Responsible Investment, which seek to identify companies that operate in a manner consistent with:
     – Environmental sustainability and resource efficiency
     – Equitable societies and respect for human rights
     – Accountable governance and transparent operations
Target Tracking Error: 50-100 bps
Target Excess Return: 50-75 bps
Team includes 32 fixed income investment professionals involved in portfolio management, fundamental credit 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.
 

Portfolio Construction

Integrated proprietary ESG research with fundamental credit analysis to help manage downside risk
Active duration and yield curve management
Multisector investment approach
Active sector rotation
Average Duration: +/- 0.75 year
Risk management focus
 

Investment Team

Vishal Khanduja, CFA
Portfolio Manager
13 years of industry experience
6 year at Calvert
BE, VJTI, Mumbai, India
MBA, University of Iowa
Brian Ellis, CFA
Portfolio Manager
12 years of industry experience
9 year at Calvert
BS, Salisbury University
 

Benchmark

Bloomberg Barclays 1-5 Year U.S. Credit Index
 

Disclosure

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