Calvert Emerging Markets Equity Fund Class A

Frequently Asked Questions About CVMAX

What does CVMAX invest in?

The primary objective of this fund is to achieve substantial capital appreciation over the long term. It accomplishes this by predominantly investing in the equity securities of businesses situated in developing nations. Ordinarily, a minimum of 80% of the fund's total assets, which includes any capital borrowed for investment, is allocated to these emerging market equities. While the fund retains the flexibility to invest in companies of any market capitalization, it endeavors to maintain a portfolio whose size characteristics align closely with those represented by the MSCI Emerging Markets Index.

What is the expense ratio of CVMAX?

Calvert Emerging Markets Equity Fund Class A (CVMAX) charges an expense ratio of 1.24%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CVMAX?

Calvert Emerging Markets Equity Fund Class A (CVMAX) is one share class of a fund that manages $1.72B across all of its share classes (CVMIX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is CVMAX actively managed or an index fund?

CVMAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CVMAX's is 1.24%) in exchange for the discretion to over- or under-weight positions.

When was CVMAX launched?

Calvert Emerging Markets Equity Fund Class A (CVMAX) launched in October 2012 and is managed by the fund issuer.

How has CVMAX performed?

CVMAX'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.