- What does CUBAX invest in?
- The fund seeks to generate positive absolute returns across an entire market cycle, irrespective of broader market performance. To accomplish this, it utilizes a highly adaptable investment framework, deploying capital across diverse global fixed-income markets and employing a range of strategic approaches. Its management is not restricted by adherence to a specific benchmark index. Ordinarily, at least 80% of the fund's net assets (including any leverage used for investment) will be allocated to bonds or instruments, such as derivatives, that offer exposure to the bond market. This includes debt securities of any duration.
- What is the expense ratio of CUBAX?
- Calvert Flexible Bond Fund Class A (CUBAX) charges an expense ratio of 0.88%. This is the annual fee deducted from fund assets to cover management and operations.
- What is CUBAX's dividend yield?
- CUBAX's trailing-twelve-month yield is 4.64%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of CUBAX?
- Effective duration measures CUBAX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CUBAX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of CUBAX?
- CUBAX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of CUBAX?
- Yield to maturity (YTM) is the total return you'd earn from CUBAX if every bond in the portfolio is held to maturity at the current price. CUBAX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
