- What does CVMIX invest in?
- The fund typically allocates at least 80% of its total assets, including leveraged borrowings, to equities issued by companies primarily located in emerging market countries. While it retains the flexibility to invest in businesses of any market capitalization, the portfolio aims to maintain an overall market capitalization profile consistent with the MSCI Emerging Markets Index.
- What is the expense ratio of CVMIX?
- Calvert Emerging Markets Equity Fund (CVMIX) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CVMIX?
- Calvert Emerging Markets Equity Fund (CVMIX) manages $1.80B 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 CVMIX actively managed or an index fund?
- CVMIX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (CVMIX's is 0.99%) because there's no security selection cost.
- When was CVMIX launched?
- Calvert Emerging Markets Equity Fund (CVMIX) launched in October 2012 and is managed by the fund issuer.
- How has CVMIX performed?
- CVMIX'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.
