Investment Overview

ESG-integrated strategy that seeks a positive absolute return investing in the front end of the yield curve.
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: 50-150 bps
Seeks to minimize volatility and downside risk by limiting duration through corporate credit, securitized assets, floating-rate securities and high yield
Leverages expertise of specialized teams for fundamental credit research, risk management and trading
 

Portfolio Construction

Integrated proprietary ESG research with fundamental credit analysis to help manage downside risk
Active duration and yield curve management within the front end of the yield curve
Multisector investment approach
Disciplined, rigorous fundamental credit research process compliments ESG research
Active sector rotation
Average Duration Band: 0.25-0.75 years
Risk management focus

Investment Team

Vishal Khanduja, CFA

Managing Director, Co-Head of US Multi-Sector

Joined investment management industry in 2005

Joined Calvert* in 2012

BE, VJTI, Mumbai, India

MBA, University of Iowa


Brian Ellis, CFA

Executive Director, Portfolio Manager

Joined investment management industry in 2006

Joined Calvert* in 2009

BS, Salisbury University
*Years at Calvert include years at Calvert Research and Management (CRM) and years at Calvert Investment Managements (CIM).


 

Benchmark

Bloomberg 9-12 Month Short Treasury Index
 

Disclosure

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