Calvert US Large-Cap Value Responsible Index Fund adheres to the Calvert Principles for Responsible Investment, emphasizing stocks that meet these proprietary standards. But at its core, it is still an index fund, relying on the market’s collective wisdom to weight its holdings, a sensible approach for the long term. The strategy’s environmental, social, and governance criteria introduce some active risk to the portfolio, however, which will not always be compensated. Nonetheless, it is well positioned to deliver better long-term risk-adjusted performance relative to most category peers, supporting a Morningstar Analyst Rating of Bronze.
Calvert US Large Cap Value Rspnb Idx I CFJIX
NAV / 1-Day Return
30.79
/
1.85
%
Total Assets
1.5 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.240%
Expense Ratio
0.240%
Fee Level
Low
Longest Manager Tenure
4.47
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
100,000
Status
Open
TTM Yield
1.26%
Turnover
32%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will CFJIX 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 CFJIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CFJIX 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 CFJIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A good pick for a large-cap value ESG index fund.
