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Morningstar

Calvert Conservative Allocation A CCLAX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
15.92  /  1.34 %
Total Assets
258.3 Mil
Adj. Expense Ratio
0.860%
Expense Ratio
0.860%
Fee Level
Below Average
Longest Manager Tenure
5.76 years
Category
Allocation--30% to 50% Equity
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
—
Status
Open
TTM Yield
2.39%
Turnover
23%

Morningstar’s Fund Analysis CCLAX

Will CCLAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CCLAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the CCLAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of CCLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Manager turnover on this ESG target-risk series is a cause for concern.

Associate Director

Summary

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Manager turnover and limited multi-asset experience dulls the allure of Calvert's Responsible Target-Risk series, moving its People rating to Below Average from Average. The mutual funds maintain Morningstar Analyst Ratings of Neutral, though the C shares move down to Negative.

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