Calvert Mid-Cap Fund Class I

Frequently Asked Questions About CCPIX

What does CCPIX invest in?

This fund generally commits at least 80% of its net assets, which includes any borrowed capital, to common equity shares of mid-capitalization companies. The advisor classifies these mid-sized enterprises as those whose market value falls within the prevailing range of the Russell Midcap® Index at the point of acquisition. Although primarily concentrating on U.S. mid-cap firms, the fund also has the flexibility to invest in small-capitalization companies. Furthermore, holdings may include publicly traded real estate investment trusts. Up to a quarter (25%) of its net assets can also be allocated to foreign securities.

What is the expense ratio of CCPIX?

Calvert Mid-Cap Fund Class I (CCPIX) charges an expense ratio of 0.93%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CCPIX?

Calvert Mid-Cap Fund Class I (CCPIX) manages $179.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is CCPIX actively managed or an index fund?

CCPIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CCPIX's is 0.93%) in exchange for the discretion to over- or under-weight positions.

When was CCPIX launched?

Calvert Mid-Cap Fund Class I (CCPIX) launched in February 1999 and is managed by the fund issuer.

How has CCPIX performed?

CCPIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.